EverestIMS Technologies Shares List at ₹126 on BSE SME, a 48.24% Premium

EverestIMS Technologies shares made their stock market debut on October 8, 2026, listing at ₹126 per share on BSE SME compared with the IPO issue price of ₹85 per share. This represented a listing premium of 48.24%, or ₹41 per share above the issue price.

Following the listing, the stock traded at ₹126 as of 9:37 AM IST, remaining unchanged from its debut price and 48.24% above the IPO issue price.

The listing followed the company's IPO, which was open from September 29 to October 5, 2026. The ₹48.46 crore issue comprised a fresh issue of ₹39.05 crore and an offer for sale of ₹9.41 crore, with a price band of ₹80 to ₹85 per share.

EverestIMS Technologies operates in the information technology sector, providing enterprise IT infrastructure monitoring, network management and related software solutions. Its products help organisations monitor and manage IT systems, networks and infrastructure performance.

EverestIMS Technologies IPO Listing Details

The IPO was a ₹48.46 crore book-built issue comprising a fresh issue of 45.94 lakh equity shares aggregating to ₹39.05 crore and an offer for sale of 11.07 lakh equity shares aggregating to ₹9.41 crore.

The issue received an overall subscription of 294.22 times. NIIs subscribed 548.61 times, Individual Investors 272.77 times and QIBs 148.63 times. Within the NII segment, applications above ₹10 lakh were subscribed 330.39 times, while applications below ₹10 lakh recorded 2,042.94 times subscription.

- Issue Price: ₹85 per share
- BSE SME Listing Price: ₹126 per share
- Listing Premium: 48.24%
- Trading Price: ₹126 per share (9:37 AM IST)
- Change From Issue Price: +48.24%
- Change From Listing Price: 0.00%
- Overall Subscription: 294.22 times
- Fresh Issue: ₹39.05 crore
- Offer for Sale: ₹9.41 crore
- Price Band: ₹80 to ₹85 per share
- IPO Open Date: September 29, 2026
- IPO Close Date: October 5, 2026
- Listing Date: October 8, 2026
- Exchange: BSE SME

First-Day Trading Performance

Listing Price: EverestIMS Technologies share price listed at ₹126 on BSE SME against the ₹85 issue price, translating into a premium of 48.24%. The listing price was ₹41 higher than the IPO price.

Post-listing Price: The stock remained at ₹126 as of 9:37 AM IST, matching its listing price and trading 48.24% above the issue price. No additional price movement was recorded in the supplied trading snapshot.

Subscription Context: The IPO received 294.22 times overall subscription, with NIIs leading at 548.61 times, followed by Individual Investors at 272.77 times and QIBs at 148.63 times.

The final subscription data showed bids for 8,31,60,800 shares against 28,26,000 shares offered to the public. The issue received 5,44,144 applications in total.

Growth Drivers and Challenges

Growth Drivers

IT Infrastructure Monitoring Solutions: EverestIMS Technologies provides software solutions for monitoring IT infrastructure, networks and enterprise technology systems. These products support organisations in tracking system availability, performance and operational issues.

Enterprise IT Management: The company's solutions address infrastructure monitoring and management requirements across business IT environments, providing exposure to enterprise technology spending.

Digital Infrastructure Requirements: Increasing use of cloud infrastructure, data centres and connected enterprise systems creates demand for monitoring and management tools, although the company's ability to capture this demand depends on customer adoption.

Software Product Portfolio: The company's business includes software-based monitoring and management solutions, allowing it to serve different enterprise infrastructure requirements.

Challenges

Technology Competition: The IT infrastructure monitoring market includes established domestic and international software providers. Competition in product capabilities, pricing and customer support can affect business performance.

Technology Changes: Rapid developments in cloud computing, automation and infrastructure management may require continuous product development and upgrades.

Enterprise Spending: Demand for infrastructure monitoring software can be influenced by enterprise technology budgets and capital expenditure decisions.

Customer Acquisition and Retention: Software businesses depend on acquiring new enterprise customers while maintaining existing customer relationships and service standards.

Cybersecurity and Operational Risks: IT management software providers may face risks related to software vulnerabilities, data security, system reliability and service interruptions.

Utilisation of IPO Proceeds

The ₹48.46 crore IPO comprised a fresh issue of ₹39.05 crore and an offer for sale of ₹9.41 crore.
The fresh issue proceeds are intended for the company's business and corporate requirements, subject to the specific allocation disclosed in its offer documents.

The offer for sale component of ₹9.41 crore represents the sale of shares by existing shareholders and does not generate proceeds for the company.

The precise allocation of the fresh issue proceeds among individual objectives has not been established from the supplied listing report.

Business and IPO Overview

EverestIMS Technologies operates in the enterprise information technology software sector, providing IT infrastructure monitoring, network management and related software solutions. Its products are designed to help organisations monitor technology infrastructure and manage operational performance.

The company's business is associated with enterprise IT infrastructure management, including monitoring systems, networks and related technology environments. Its operating performance is influenced by customer technology requirements, software adoption and enterprise IT expenditure.

The company's ₹48.46 crore IPO comprised a fresh issue of ₹39.05 crore and an OFS of ₹9.41 crore. The issue received 294.22 times overall subscription, with NIIs subscribing 548.61 times, Individual Investors 272.77 times and QIBs 148.63 times.