EverestIMS Technologies (SME IPO)
📅 Dates: 29 Sep - 05 Oct • 💰 Issue Size: 57,00,800 shares (agg. up to ₹48 Cr)Complete guide to EverestIMS Technologies SME IPO: latest Grey Market Premium (GMP), live bidding subscription status, price band, lot size, financial report, and investment analysis.
📊 Overview & Key Highlights
| Parameter | Details |
|---|---|
| Issue Type | SME IPO (SME) |
| Issue Dates | 29 Sep - 05 Oct |
| Price Band | ₹80 to ₹85 |
| Total Issue Size | 57,00,800 shares (agg. up to ₹48 Cr) |
| Minimum Market Lot | 1600 shares |
| Listing Price (Debut) | ₹126.00 (+₹41.00 (+48.24%) 🚀) |
| Subscription Status | 294.22x (Final / Bidding Closed) |
| Investor Demand Rating | ⭐⭐⭐⭐⭐ (5/5 - Blockbuster Demand) |
📈 Live Subscription Demand
| Category | Subscription Multiplier (x) |
|---|---|
| Qualified Institutional (QIB) | 148.63x |
| Non-Institutional / HNI | 548.61x |
| Retail Individual (RII) | 268.29x |
| Total Subscription | 294.22x (Updated: 08 Oct, 17:37) |
🎯 Investment Analysis & Verdict
📌 Business Model & Revenue Streams
EverestIMS sells software that helps companies monitor their IT networks, servers, and applications so things don't crash unexpectedly. They make money two ways — licensing their Infraon Infinity platform (both on-premise and cloud/SaaS) and charging for implementation and support services, with customers paying via direct sales, their US subsidiary Infraon Corp, and channel partners.🚀 Key Strengths & Growth Drivers
• Niche but sticky product: IT operations management (ITOM) tools become deeply embedded in a client's daily monitoring workflow, so switching costs are real once deployed.• Dual revenue engine — product licenses plus recurring service income — gives some cushion if new license wins slow down in a given quarter.
• US presence via Infraon Corp opens access to larger enterprise budgets and dollar-denominated contracts, which helps if domestic IT spending stays soft.
⚠️ Key Risks & Red Flags
• SME IPOs on this scale (₹48 Cr) typically mean thin free float and low liquidity post-listing — expect sharp price swings and wide bid-ask spreads.• Enterprise software sales cycles are long and lumpy; a few delayed or lost deals can visibly dent quarterly numbers, and smaller players often face client concentration risk.
• No debt or working capital details are given here, but IT services firms with US exposure carry forex and receivable-collection risk — worth checking the RHP for debtor days and any customer concentration above 20-25%.
🎯 Retail Verdict
This looks like a listing-pop candidate rather than a long-term compounder for most retail investors — SME issues with small floats often see a first-day spike followed by a reality check. The ITOM space is genuinely growing, but EverestIMS is a small player competing against far bigger global names, so execution risk is high. If you're applying, treat it as a tactical punt with money you can afford to see halve, not as a core portfolio holding.📅 Tentative Timetable
| Event | Tentative Date |
|---|---|
| IPO Open | Tue, Sep 29, 2026 |
| IPO Close | Mon, Oct 5, 2026 |
| Allotment | Tue, Oct 6, 2026 |
| Refund | Wed, Oct 7, 2026 |
| Credit of Shares | Wed, Oct 7, 2026 |
| Listing | Thu, Oct 8, 2026 |
💼 Market Lot & Investment Sizing
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 3200 | ₹2,72,000 |
| Individual investors (IND) (Max) | 2 | 3200 | ₹2,72,000 |
| S-HNI (Min) | 3 | 4800 | ₹4,08,000 |
| S-HNI (Max) | 7 | 11200 | ₹9,52,000 |
| B-HNI (Min) | 8 | 12800 | ₹10,88,000 |
💰 Financial Summary
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 90.27 | 67.82 | 50.47 |
| Total Income | 65.91 | 57.78 | 45.62 |
| Profit After Tax | 13.14 | 14.08 | 10.83 |
| EBITDA | 23.34 | 22.64 | 17.44 |
| NET Worth | 60.59 | 47.41 | 32.22 |
| Reserves and Surplus | 43.54 | 30.37 | 30.39 |
| Amount in ₹ Crore |
🏢 About EverestIMS Technologies
EverestIMS Technologies is an information technology company that provides digital transformation and IT operations management solutions. Its offerings span IT service management, IT infrastructure management, network configuration and change management, AI for IT operations, IT asset management, and operations support systems. These are delivered through its platform, Infraon Infinity, which includes AI-driven modules for both on-premises and SaaS customers, enabling remote monitoring of critical network devices, servers, and applications to reduce downtime and improve operational efficiency.The company sells directly through its own operations and its US-based subsidiary, Infraon Corp, as well as via domestic and international channel partners, distributors, and sales agents. Revenue is generated primarily from software product sales and service sales. As of March 31, 2026, the company had 230 employees.
💬 Community Discussion & Views
Are you planning to apply for the EverestIMS Technologies IPO? Share your bidding strategy, allotment status, or listing expectations with fellow investors in the replies below!👉 Browse all upcoming Mainboard & SME IPOs on UNP
Disclaimer: All IPO details provided above are for educational and informational purposes only. Readers are advised to consult their financial advisors and review the Red Herring Prospectus (RHP) before investing.
📌 Thread Quick Navigation: Post #2: Live & Historic GMP | Post #3: Subscription Stats | Post #4: Allotment Status | Post #5: Listing Debut | Post #6: Community & Social Reviews
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