EverestIMS Technologies Ltd

EIMS EverestIMS Technologies Ltd

BSE IPO

Bidding dates29 Sep 2026 - 05 Oct 2026

Price range₹80 - ₹85

Min. investment₹2,72,000

Issue size48.46 Cr

Lot size1600 Shares

IPO DocRHP

IPO Timeline

Start date

29 Sep 2026

End date

05 Oct 2026

Allotment date

06 Oct 2026

Refund initiation

07 Oct 2026

Share credit

07 Oct 2026

Deactivate mandate

08 Oct 2026

About company

Incorporated in April 2017, EverestIMS Technologies Limited is a software enterprise that offers both Software as a Service (SaaS) solutions and on-premise products and services. The company specializes in digital transformation, IT operations, and AI-driven product solutions to streamline IT processes, improve efficiency, and enhance user experiences. The company offers solutions for remote monitoring of critical network devices, servers, and applications, reducing downtime and improving IT operations with its platform 'Infraon Infinity'.

Products and Services

Information Technology Service Management (ITSM)

IT Infrastructure Management (ITIM)

Network Configuration and Change Management (NCCM)

AI For IT Operations (AIOPS)

IT Asset Management (ITAM)

Operation Support System (OSS)

The company engage in direct sales through both the Company and their subsidiary, Infraon Corp, located in the USA. In addition, they engage with domestic & international channel partners, distributors and sales agents who identify potential customers, work jointly with them to qualify and close deals.

The company generates revenue mainly from: (i) software product sales and (ii) service sales.

As of March 31, 2026, the company employed 230 people.

Founded in 2017

Managing director Satish Kumar Vijayaragavan

Parent organisation EverestIMS Technologies IPO

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Strengths and Risks

Strengths

The company develops and deploys Infraon Infinity, an integrated, AI-powered software suite catering to digital transformation, IT operations, and IT service management (ITSM). By addressing multiple IT workflows on a single platform, it appeals to both SaaS and on-premises enterprise clients.

EverestIMS has demonstrated steady top-line growth, with total income rising from ?45.62 crore in FY24 to ?65.91 crore in FY26. Notably, the company maintains a debt-free capital structure accompanied by strong operational profitability (EBITDA of ?23.34 crore and a PAT of ?13.14 crore in FY26).

The business services clients through flexible deployment choices (SaaS and on-premises) and leverages a hybrid go-to-market model spanning direct enterprise sales and third-party channel partners, extending its reach into international markets like the US (via its subsidiary Infraon Corp).

Risks

As an enterprise software vendor, the company is vulnerable to platform errors, code bugs, hosting interruptions, or cybersecurity threats. Furthermore, failure to handle post-deployment client support or scaling issues efficiently can harm customer retention and reputation.

While the company relies heavily on its partner network to drive sales, it has noted that it does not always maintain formal, binding joint agreements with certain channel partners, exposing it to potential partner network attrition or strategy shifts.

Software and tech service scaling demands high working capital management, with internal requirements scaling upwards across recent years (reaching ?35.22 crore in FY26), necessitating a major block of the IPO proceeds just to support day-to-day operations.