EverestIMS Technologies Ltd IPO
IT - Software
Price Band
₹80 – ₹85
Lot Size
1600
Minimum Bid Quantity
3200
Minimum Investment
₹272000
Issue Size
₹48.46Cr
Opens
2026-09-29
Closes
2026-10-05
Listing
08-10-2026
IPO Details
Issue Type
EQUITY
Face Value
₹10
Tick Size
1
ISIN
INE0YUW01020
Pre-Apply Available
No
Daily Bidding Time
10:00:00 - 17:00:00
About the Company
EverestIMS Technologies Limited is a software company providing Software-as-a-Service (SaaS) and on-premises products and services focused on digital transformation, IT operations, and service management. The company was incorporated in 2017 as EverestIMS Technologies Private Limited and was converted into a public limited company in 2024. Its product portfolio includes AI for IT Operations Management (AIOps), Generative AI-powered IT Service Management (ITSM), IT Infrastructure Management (ITIM), Network Change and Configuration Management (NCCM), IT Asset Management (ITAM), and Operations Support System (OSS). Its flagship platform, Infraon Infinity, enables remote monitoring and management of network devices, servers, and applications. Its go-to-market strategy comprises direct sales through the company and its US subsidiary, Infraon Corp, along with domestic and international channel partners, distributors, and sales agents. Its offices are located in Bangalore, Mumbai, and Gurugram.
Pros
- • The company claims to have an experienced and professional management team. Its promoters, KMPs, and senior and middle-level management are stated to have relevant industry knowledge and execution capabilities.
- • The company claims to offer a fully integrated “Infraon Infinity” platform comprising multiple modules and AI-powered features for both SaaS and on-premises customers. The unified platform addresses IT service and operations management requirements through a single solution, which the company states can simplify maintenance, improve customer efficiency, and support streamlined operations.
- • The company claims to maintain strong relationships with its channel partners by providing product and technical training, professional services support, and assistance in customer engagement. It also trains partners to deliver professional services and support customers, with the objective of helping partners grow their businesses while strengthening channel relationships and supporting revenue generation.
Cons
- • The company operates in an industry characterised by rapid technological changes, evolving standards and changing customer requirements. Failure to anticipate technological developments, enhance existing products, develop commercially successful new offerings or manage product transitions effectively could result in technological obsolescence, reduced competitiveness and adverse effects on the company’s business and results of operations.
- • The company has not entered into comprehensive, legally binding agreements with some of its registered channel partners for joint sales strategies. This may result in uncertainty regarding partnership terms, sales collaboration, and market access and could limit the company’s ability to establish favourable commercial terms and long-term strategic arrangements. Any disruption in its channel network could affect revenue predictability and business growth.
- • The company’s software products and services involve complex programming, configuration and technical execution. Software defects, post-deployment errors or hosting infrastructure failures could disrupt customers’ critical operations, delay service delivery and require additional remediation costs. Such issues could also result in customer dissatisfaction, rejection of services, loss of customers and reputational damage.
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