Everestims Technologies Limited IPO
Listed 08 Oct 2026, 274× subscribed, on the SME platform.
What the filing says
Arithmetic on the offer document and exchange data.
The disclosed numbers are strong — 2 of 3 signals read positive
- Neutral: Steady revenue growthRevenue compounding at 20.0%
- Positive: High return on equityROE of 21.7%
- Positive: Institutions bid heavilyQIB portion subscribed 148.63×
Describes the offering as disclosed, pulled toward neutral for gaps; not a listing-price forecast or advice to apply.
Dates
Issuer's timetable, IST.
- 29 SeptBidding opens
- 5 OctBidding closesRetail UPI mandates by 5 pm IST
- 6 OctAllotmentStatus from Maashitla Securities Private Limited
- 8 OctListingSME platform
- 29 SeptBidding opens
- 5 OctBidding closesRetail UPI mandates by 5 pm IST
- 6 OctAllotmentStatus from Maashitla Securities Private Limited
- 8 OctListingSME platform
Demand and allotment odds
Times subscribed by investor category, one shared scale
- InstitutionsQIB149×
- Non-institutionalNII406×
- Above ₹10 lakhbNII658×
- ₹2–10 lakhsNII330×
- RetailRII268×
Max 658×, log scale; tick = 1× (fully subscribed). 2,04,091 applications.
How this is worked out
Retail is 268.28× subscribed. Allotment is a lottery on the minimum application, so roughly 1 in 268.3 applications gets one. Bidding for extra lots does not improve these odds.
How this is worked out
HNI is 406.34× subscribed. This category is allotted proportionately, so a bid receives roughly 1/406.3 of the shares applied for, subject to the minimum-lot draw.
From SEBI allotment rules. Retail is a lottery on the minimum (2 lots); more lots do not raise the odds.
Grey-market premium
Unofficial dealer quotes; not from NSE, BSE or SEBI.
over the upper band, rising since 29 Sept 2026
Unregulated and unverifiable; not a listing-price forecast. See recent outcomes.
The offering
Terms, and valuation at the upper band.
Terms
- Price band
- ₹80 – ₹85
- Face value
- ₹10.00
- Lot size
- 1,600 shares
- Minimum application
- ₹2,72,0002 lots at the upper band
- Total issue size
- —
- Anchor investors
- Allotted
- Registrar
- Maashitla Securities Private Limited
- Lead managers
- Oneview Corporate Advisors Private Limited
- ISIN
- INE0YUW01020
Company and valuation
- P/E at upper band
- —
- Return on equity
- 21.69%
- ROCE, latest period
- 40.71%
- RoNW, latest period
- 33.53%
- PAT Margin, latest period
- 23.66%
- NAV, latest period
- 19.52
- P/B (x), latest period
- 4.35
“Latest period” rows can be a part year, so ratios there may read low.
Who gets what
Split by investor category, and minimum bids.
- QIB47.4%
- NII (HNI)14.3%
- Retail33.3%
- Market Maker5.0%
| Category | Shares | Share of issue |
|---|---|---|
| QIB | 27,00,800 | 47.38% |
| Anchor Investor | 16,12,800 | 28.29% |
| QIB (Ex. Anchor) | 10,88,000 | 19.09% |
| NII (HNI) | 8,16,000 | 14.31% |
| bNII > ₹10L | 5,44,000 | 9.54% |
| sNII < ₹10L | 2,72,000 | 4.77% |
| Retail | 18,97,600 | 33.29% |
| Market Maker | 2,86,400 | 5.02% |
Total issue 57,00,800 shares. Indented rows sit inside the row above.
What each category may bid
- Individual investors (IND) (Min)
- ₹2,72,0002 lots, 3,200 shares
- Individual investors (IND) (Max)
- ₹2,72,0002 lots, 3,200 shares
- S-HNI (Min)
- ₹4,08,0003 lots, 4,800 shares
- S-HNI (Max)
- ₹9,52,0007 lots, 11,200 shares
- B-HNI (Min)
- ₹10,88,0008 lots, 12,800 shares
Small-HNI minimum is several lots, not one.
Anchor book
- Shares allotted
- 16,12,800 shares
- Anchor portion
- ₹13.71 Cr
- Bid date
- 28 Sept 2026
- Lock-in ends, first 50%
- 05 Nov 2026
- Lock-in ends, the rest
- 04 Jan 2027
Lock-in dates = when anchor shares may first be sold.
What the money is for
Stated use of net proceeds, ₹ Cr.
- CapexPurchase of IT hardware for setting up of Artificial Intelligence…₹5.66 Cr
- Working capitalFunding of Working Capital Requirement₹24.00 Cr
- General purposesGeneral corporate purposes—
Unstated amounts (general purposes) mean the rows do not sum to the issue.
Financials
Restated, ₹ crore.
| Period | Revenue | EBITDA | PAT | Net worth | Debt |
|---|---|---|---|---|---|
| 2024 | 45.228 | — | 10.831 | 32.225 | — |
| 2025 | 56.543 | — | 14.077 | 47.415 | — |
| 2026 | 65.124 | — | 13.139 | 60.589 | — |
— = not printed.
How the issuer compares
Peers named by the issuer itself.
| Company | EPS (₹) | P/E | NAV (₹) | RoNW |
|---|---|---|---|---|
| EverestIMS Technologies Ltdthis issue | 7.71 | — | 35.55 | 21.69% |
| Newgen Software Technologies Ltd | 501.40 | 23.4× | 126.40 | 21.24% |
The offer document prints no P/E for the issuer; figures are pre-listing.
Risks worth reading
Ranked by severity.
mediumOur business may be adversely affected if we fail to adapt to rapid technological changes and evolving industry standards, or if we are unable to successfully enhance our existing products and services or develop new offerings.
mediumWe have had negative cash flows in the past from investing activities and financing activities. Any sustained negative cash flow could adversely impact our business, financial condition and results of operations.
mediumDefects, errors, or disruptions in our software products and services, or potential misuse of our platforms, could result in liability, loss of customers, and reputational harm.
There are no outstanding criminal proceedings, actions by statutory or regulatory authorities, outstanding claims relating to direct and indirect taxes, or other pending litigations involving the Company, Directors, Promoters, Subsidiary, Group Company, Key Managerial Personnel, or Senior Management Personnel. There are no disciplinary actions including penalties imposed by SEBI or stock exchanges against the Promoter in the last five Financial Years.
Positives the filing discloses (2)
- Strong revenue growth
Restated revenue CAGR of 20.0%.
- Healthy return on equity
ROE of 21.7%.
What happened to comparable issues
Last 8 listings, most comparable first. Context, not a forecast.
| Issue | Subscribed | Listing gain | Listing gain bar |
|---|---|---|---|
| Vedant Poly Fabs Limited | 1.9× | unchanged 0.0% | |
| Maxwell Engineering Solutions Limited | 491× | up +90.0% | |
| HGS (India) Limited | 231× | up +33.3% | |
| Ravita Engineering Services Limited | 6.7× | unchanged 0.0% | |
| Vaibhav Vyapaar Limited | 3.1× | down minus 2.0% | |
| R.K. Fashion Accessories Limited | 2.6× | down minus 2.4% | |
| Eventions Limited | 2.3× | down minus 5.9% | |
| Papadmalji Agro Foods Limited | 2.5× | up +0.4% |
Different companies at different prices. Bars share one scale (full = 90%).
Offer documents
Primary sources.
- PROSPECTUS29 Sept 2026AnalysisPDF (opens SEBI site in a new tab)
Common questions
What is the Everestims Technologies Limited IPO GMP today?
The most recent grey-market premium recorded for Everestims Technologies Limited is ₹55 per share — about 64.7% over the ₹85 upper band. Grey-market premium is an unofficial, unregulated quote from private dealers. It is not published by NSE, BSE, SEBI or the company, and it is not a forecast of the listing price.
How many times is the Everestims Technologies Limited IPO subscribed?
Everestims Technologies Limited is subscribed 273.67× overall (QIB 148.63×, NII 406.34×, retail 268.28×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, Maashitla Securities Private Limited.
What is the minimum investment in the Everestims Technologies Limited IPO?
One lot is 1,600 shares, so a retail application at the ₹85 cut-off price blocks ₹1,36,000. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.
What are the chances of allotment in the Everestims Technologies Limited IPO?
The retail portion is subscribed 268.28×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 268. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
When is the Everestims Technologies Limited IPO allotment date?
Allotment is scheduled for 2026-10-06, with listing on 2026-10-08. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, Maashitla Securities Private Limited.
Source: offer document, NSE and BSE bidding data; allotment basis from the registrar. Grey-market premium is unofficial. For information only, not investment advice: consult a SEBI-registered adviser before applying.