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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the EverestIMS Technologies Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹85
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,36,000
Issue Size
₹48.46 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.05%
QIB Quota
49.88%
NII Quota
15.07%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
80.38%
Promoter Holding (Post-Issue)
59.23%
Issue Type
Book Building - SME
ISIN
INE0YUW01020
We are a software company that provides both Software as a Service (SaaS) and on-premise product and services. We specialize in digital transformation, IT Operation and Service Management incorporating AI enabled product solutions where applicable to help businesses streamline their IT operations, improve efficiency, and enhance user experiences.
IT operations and service management refer to the management and maintenance of IT infrastructure, operations, and services in an organization. In the digital age, where technology plays a crucial role in driving business operations, having effective IT operations and service management is essential for businesses to thrive. IT operations involve the day-to-day activities required to maintain a stable and efficient IT environment. This includes monitoring system performance, troubleshooting issues, managing network infrastructure, and ensuring data security, among other tasks. The goal of IT operations is to ensure that all IT systems are running smoothly, as well as minimizing downtime and maximizing productivity. On the other hand, IT service management focuses on delivering IT services to meet the requirements of the business and its users. It involves planning, designing, and implementing processes and procedures to deliver and support IT services effectively. Service management ensures that IT services are aligned with the organization's goals and that they are delivered in a way that adds value to the business. The global IT operations and service management market is experiencing significant growth in terms of revenues pertaining to an increasing focus on data-driven decision-making. One of the most significant developments in the market is the incorporation of artificial intelligence (AI) with IT operations and service management solutions. These technologies are transforming the way IT services are managed and provided, allowing enterprises to solve difficult issues with remarkable efficiency. AI-powered technologies can now diagnose and resolve IT issues autonomously, drastically lowering downtime and increasing service uptime. These systems use machine learning algorithms to detect possible problems before they occur, allowing for proactive management of IT infrastructure.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of upto 57,00,800 equity shares of face value of Rs.10/- each (the "Equity Shares") of Everestims Technologies Limited ("the Company" or "Everestims" or "the Issuer") at an offer price of Rs. 85 per equity share for cash, aggregating up to Rs. 48.46 Crores comprising of fresh offer of up to 45,93,600 equity shares aggregating to Rs. 39.05 Crores ("Fresh Offer") and an offer for sale of up to 11,07,200 equity shares by Satish Kumar Vijayaragavan, Sudhakar Aruchamy, Arun Prasath Ramadoss, Ramesh Pratap Tiwari, Deepak Kumar Shenbagarajan, Srikanth Audina, Ganesh Kumar Nagaiah, Deepak Gupta, Abhirup Sarkar, Prakash Bhat, Praveen Kumar Sinha, Ramya Sellamuthu and Samaresh Mandal ("Selling Shareholders") aggregating to Rs. 9.41 Crores ("Offer for Sale") ("Public Offer"). The offer includes a reservation of up to 2,86,400 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 85 per equity share for cash, aggregating Rs. 2.43 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of up to 54,14,400 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 85 per equity share for cash, aggregating upto Rs. 46.02 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.35% and 25.02% respectively of the post- offer paid-up equity share capital of the company. Price Band: Rs. 85/- per equity share of face value Rs. 10 each. The floor price is 8.50 times of the face value of the equity shares. Bids can made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was originally incorporated as "EverestIMS Technologies Private Limited", as a private limited company, under the provisions of the Companies Act, 2013 pursuant to certificate of incorporation dated April 13, 2017. Thereafter, our Company was converted from a private limited company to a public limited company, pursuant to a special resolution passed in the extraordinary general meeting of our shareholders held on July 12, 2024, and consequently, the name of our Company was changed to "EverestIMS Technologies Limited" by deletion of the word "Private". A fresh certificate of incorporation consequent upon conversion from private company to public company dated September 10, 2024, was issued by the Registrar of Companies, Bangalore to our Company bearing Corporate Identification Number "U72900KA2017PLC102256".
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.