BSE List Price : ₹126.00

Subscription

Category	Times
QIBs	148.63x
HNIs	548.96x
Retail	268.29x
Total : 294.29x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	3,200	₹272,000
Retail Maximum	2	3,200	₹272,000
S - HNI Minimum	3	4,800	₹408,000
S - HNI Maximum	7	11,200	₹952,000
B - HNI Minimum	8	12,800	₹1,088,000

About the Company

EverestIMS Technologies Limited is a Bengaluru-based enterprise software company incorporated in 2017. The company provides Software-as-a-Service (SaaS) and on-premises software products and services focused on digital transformation, IT operations and service management.

Business Model: The company primarily generates revenue through software product sales and services. Its on-premises products are sold through channel partners and distributors, while its cloud-based platform generates annual subscription fees.

Flagship Platform: Infraon Infinity is an integrated platform covering IT infrastructure, service management, network management, AI-based operations and IT asset management for enterprise, telecom and other customers.

Products & Services

It Service Management (Itsm)
It Infrastructure Management (Itim)
AI For It Operations (Aiops)
Network Change & configuration management (nccm)
It asset Management (Itam)
Operations Support System (OSS)
SaaS & On-Premises Software Solutions
Software Maintenance & Customisation services

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹45.62	₹30.77	₹10.83	₹50.47
2025	₹57.78	₹30.77	₹14.08	₹67.82
2026	₹65.91	₹48.28	₹13.14	₹90.27

Company Promoter

Satish Kumar Vijayaragavan

Sudhakar Aruchamy

Ramesh Pratap Tiwari

Arun Prasath Ramadoss

Deepak Kumar Shenbagarajan

Srikanth Audina

N Ganesh Kumar

Deepak Gupta

Know before investing

• • Strengths

  Experienced Management Team: The company states that its promoters, KMPs and senior management have substantial experience in the IT software industry, supporting product development and execution capabilities.

  Integrated Platform: Infraon Infinity combines multiple IT-management functions on a single platform, including ITIM, ITSM, AIOps, ITAM and OSS, allowing customers to manage different requirements through an integrated solution.

  Dual Deployment Model: The company offers both SaaS and on-premises solutions, allowing it to serve customers with different technology and deployment requirements.

  Diversified Product Portfolio: The platform covers IT operations, service management, infrastructure monitoring, network configuration, asset management and telecom OSS, serving enterprises, telecom operators and SMBs.

  Channel Partner Network: The company works with channel partners and distributors and provides product and technical training, supporting its partner-led sales and service model.

  Growing Revenue Base: Total income increased from 45.62 crore in FY24 to 57.78 crore in FY25 and 65.91 crore in FY26. Net worth increased from 32.22 crore in FY24 to 60.59 crore in FY26

• • Risks

  Rapid Technology Changes: The IT industry is characterised by rapid technological developments, changing standards and customer requirements. Failure to upgrade products or adopt new technologies could affect competitiveness.

  Customer Concentration: The top 10 customers contributed 88.77% of revenue in FY26, while the top five customers contributed 76.07%. Dependence on a limited customer base could affect revenue if major relationships are disrupted.

  Supplier Concentration: The top 10 suppliers accounted for 99.62% of total purchases in FY26, indicating significant dependence on a limited supplier base.

  Profitability Volatility: Total income increased from 57.78 crore in FY25 to 65.91 crore in FY26, but PAT declined from 14.08 crore to 13.14 crore during the same period.

  High Trade Receivables: Trade receivables stood at approximately 51.96 crore as of March 31, 2026, representing a significant portion of current assets and creating collection and working-capital requirements.

  Technology & Product Obsolescence Risk: Existing products may become outdated or less competitive if the company is unable to successfully enhance its products or develop new offerings in line with market requirements.

  AI Laboratory Adoption Risk: The proposed AI Innovation and Experience Laboratory may not deliver the expected benefits if existing or prospective customers do not adopt or value the company's advanced AI solutions.

Objects of the Issue & Utilisation of proceeds

AI Innovation & Experience Laboratory: Approximately 5.66 crore is proposed for purchasing IT hardware such as servers, laptops, storage and switches for establishing an AI Innovation and Experience Laboratory.

Working Capital Requirements: Approximately 24.00 crore is proposed towards the company's working-capital requirements.

General Corporate Purposes: The balance amount is proposed for general corporate purposes, subject to the applicable limit of 15% of the amount raised or 10 crore, whichever is lower.

Company Address

EverestIMS Technologies Ltd.
No.759, Sree Gururaya Mansion
South Wing 8th Main,
J.P.Nagar, III Phase
Bengaluru, Karnataka, 560078
Phone: 080 – 46567100
Email: cs@everestims.com
Website: https://everestims.com/

IPO Registrar

Maashitla Securities Pvt. Ltd.
Phone: 011-45121795
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues