AbridgedLast filing 5 Oct 2026

Everestims Technologies Limited

CIN

Detailed viewexpand everythingSource documents

Everestims Technologies Limited (CIN U72900KA2017PLC102256) has filed a SEBI filings with SEBI for an IPO comprising a fresh issue of 45,93,600 shares and an offer for sale of 11.07 lakh shares, priced at ₹80.00 to ₹85.00 per share. In FY26 it reported revenue of ₹65 Cr (+15.2% on FY25) and a net profit of ₹13 Cr. Promoters hold 80.4% before the IPO.

Read from public SEBI filings; last updated 5 Oct 2026. Not investment advice.

Key signals

Read from the filing. Signals summarise it; they are not a recommendation or investment advice.

ValuationLooks fine
14x P/EFrom BSE's price band, on FY26 profit; 3x book value.
GrowthLooks fine
20% a yearSales FY24 to FY26; latest year +15.2%.p.56
ProfitabilityLooks fine
20.2% net marginFY26; operating margin slipping.p.56
DebtNot available
–Borrowings or net worth couldn't be read.p.56
Profit into cashLook closer
70% of profitOperations brought in ₹9.2 crore against ₹13.1 crore of profit in FY26.p.56
One-off incomeLooks fine
4% of profitOther and one-off income is 4% of pre-tax profit.
Where the money goesLooks fine
19% for sale81% is new shares issued by the company. (converted using BSE's price band)p.1
Red flagsNot available
Not checkedWe no longer check the filing's claims against the web, so there are no look-ups for this company.

How we rate these

Valuation: P/E at the top of the band: up to 25x good, up to 40x watch, above that concern.
Growth: Sales growth per year: 20% or more good, 8% or more watch, below that concern.
Profitability: Net profit margin: 10% or more good, 4% or more watch, below that concern. The trend note compares operating margin with the year before (1.5 points either way).
Debt: Borrowings / net worth: up to 0.5x good, up to 1.5x watch, above that concern.
Profit into cash: Cash from operations as a share of net profit: 80% or more good, 40% or more watch, below that (or negative) concern.
One-off income: Other and one-off income as a share of pre-tax profit: up to 10% good, up to 30% watch, above that concern. Any one-off item management itself describes moves "good" to "watch".
Where the money goes: Offer for sale as a share of the whole issue: under 40% good, under 75% watch, above that concern. In an offer for sale the money goes to the selling shareholders, not the company.
Red flags: Earlier web look-ups of the filing's claims: any high-concern finding is concern, any medium is watch, otherwise good.

Rules are rules of thumb, not a verdict: a fast-growing business can reasonably carry a higher P/E, and some sectors run on debt.

Original draft not analysed yet. We have one filing for this company, but not its full draft prospectus. The amendments below are shown on their own until it is added.

The IPO

What Everestims Technologies Limited is offering, at what price, and who owns it today. Read from the Other; anything the company hasn't fixed yet shows as pending.

IPO dates announced

Bidding 28 Sep 2026 to 5 Oct 2026.

Fresh issue: ₹39 Cr
Offer for sale: ₹9.4 Cr
Price band: ₹80.00 – ₹85.00
Shares today: 1.7 Cr
Face value: ₹10
Listing on: BSESME
Bidding: 28 Sep 2026 to 5 Oct 2026

Lead managers

ONEVIEW CORPORATE ADVISORSMAASHITLA SECURITIESEverestIMS TechnologiesCompany was converted from aSME Platform of BSE

Registrar

Alka Mishra INM000011930 Maashitla Securities

Read from p.1 p.2 p.3 p.4+2

Where the money goes

This is entirely an offer for sale: the company receives no money. The proceeds go to the selling shareholders.

Who owns it

Promoters hold before the IPO

80.4%

As stated in the filing. The full shareholding table could not be cross-checked.

Valuation

At the price band	Low end	High end
Price per share	₹80.00	₹85.00
Market cap after IPO	₹173 Cr	₹184 Cr
P/E (FY26 profit)	13.17x	14.00x
Price / book value	2.86x	3.04x
Price / sales	2.66x	2.82x

Post-issue market cap divided by FY26 figures from the filing. A loss-making company has no P/E. Total issue size at the top of the band: ₹48 Cr. Price band is from BSE; not yet stated in this filing.

Financials

What Everestims Technologies Limited earned and how, read straight from its Other.

Sales FY26

₹65 Cr

+15.2% vs FY25

Net profit FY26

₹13 Cr

20.2% net margin

Net worth

₹61 Cr

Operating cash flow FY26

₹9.2 Cr

Cash generated by the business

₹ crore · Consolidated · FY = year ended 31 MarchSource p.55 p.56 p.57

Metric	FY24	FY25	FY26
Profit & loss
Sales	45	57	65
Sales growth	–	25.0%	15.2%
Operating profit	17	21	23
Operating margin	38.2%	37.9%	34.7%
Other income	0.39	1.2	0.79
Interest	0.27	0.02	0.02
Depreciation	2.6	3.8	5.7
Profit before tax	15	19	18
Profit before tax excl. other & one-off income	14	18	17
Other & one-off income as % of PBT	2.6%	6.6%	4.5%
Tax rate	27.0%	25.3%	25.5%
Net profit	11	14	13
Net margin	24.0%	24.9%	20.2%
EPS (₹)	6.57	8.27	7.71
Balance sheet
Net worth	32	47	61
Return on equity	33.6%	29.7%	21.7%
Cash flow
Cash from operations	5.3	2.6	9.2
Cash from investing	-6.6	-2.8	-8.8
Cash from financing	-0.27	0.04	-0.02

How they earn

Where the revenue comes from. Each split adds up to the reported sales.

Revenue breakdown

₹ crore · Source p.35

Segment	FY24	FY25	FY26	Share of FY26
January – March (Q4)	23	19	37	56.5%
July – September (Q2)	2.8	21	23	35.5%
October – December (Q3)	7.2	15	4.9	7.4%
April – June (Q1)	12	2.1	0.37	0.6%

Full statements

As printed in the filing's summary financial information, converted to ₹ crore.

₹ crore (per-share figures in ₹), as restated in the filing. Click + to see what a line is made of.Source p.56

Line item	FY24	FY25	FY26
Revenue from Operations	45	57	65
Other Income	0.39	1.2	0.79
	46	58	66
INCOME
Finance costs	0.27	0.02	0.02
Depreciation and Amortization Expenses	2.6	3.8	5.7
	31	39	48
EXPENDITURE
Direct Operating Expenses	1.8	2.8	8.6
Employee Benefits Expenses	19	23	22
Other Expenses	7.4	8.9	12
Profit before tax (A-B)	15	19	18
Deferred tax expenses/(credit)	0.39	1.0	0.78
	4.0	4.8	4.5
Tax Expense:
Current tax	3.6	3.7	3.7
Profit for the year before minority interest (C-D)	11	14	13
PROFIT / Eilpp) FOR THE YEAR	11	14	13
Basic	6.6	8.3	7.7
	6.6	8.3	7.7
Minority interest	0.00	0.00	0.00
Earnings Per Share:

₹ crore (per-share figures in ₹), as restated in the filingSource p.55

Line item	FY24	FY25	FY26
EQUITY AND LIABILITIES
Shareholders Funds
Share Capital	1.8	17	17
Reserves & Surplus	30	30	44
Minority Interest	0.00	0.00	0.00
Non - Current Liabilities
Deferred Tax Liabilities (Net)	0.69	1.7	2.5
Long-term Provisions	3.6	3.1	3.5
Current Liabilities
Trade Payables
Due to Micro and Small Enterprises	0.21	0.25	6.5
Due to Others	0.40	0.29	0.54
Other Current Liabilities	13	14	16
Short Term Provisions	0.69	0.66	0.71
L	50	68	90
ASSETS
Non Current Assets
Property, Plant & Equipment and Intangible Assets
Property, Plant & Equipment	2.0	2.1	1.9
Intangible Assets	6.6	10	14
Other Non-current assets	0.40	12	7.7
Current Assets
Current Investments	4.5	0.76	0.76
Trade Receivables	31	37	52
Cash and Bank Balance	4.5	4.3	7.7
Short term loan and advances	0.50	0.89	1.1
Other current assets	1.2	0.77	4.9
L	50	68	90

₹ crore (per-share figures in ₹), as restated in the filing. Click + to see what a line is made of.Source p.57 p.59

Line item	FY24	FY25	FY26
Net Profit before tax as per Profit and Loss A/c	15	19	18
Loss on write off fixed asset	0.00	0.00	0.03
Operating Profit Before Working Capital Changes	19	23	24
	5.3	2.6	9.2
Cash Flow From Operating Activities:
Adjustments for:
Finance Cost	0.27	0.02	0.02
Bad debts	0.00	0.00	0.00
Unrealised (Loss)/Gain on foreign exchange	0.02	0.02	-0.05
ESOP Perquisite expenses	0.00	1.1	0.00
Provision/(Reversal) of Gratuity	1.3	0.40	0.79
Provision/(Reversal) of Leave Encashment	0.46	-0.15	0.19
Interest Income	-0.16	-0.27	-0.74
Interest on Income Tax Refund	-0.02	0.00	0.00
(Profit)/Loss on Redemption of Mutual Funds	-0.21	-0.74	0.00
Depreciation and Amortisation Expense	2.6	3.8	5.7
Adjusted for (Increase)/Decrease in operating assets Trade Receivables	-11	-5.9	-15
Loan and advances	-0.25	-0.39	-0.24
Other Non-current Assets	0.02	-12	4.5
Other Current Assets (Including other bank balances)	0.43	0.54	-7.1
Adjusted for Increase/(Decrease) in operating liabilities: Trade Payables	-1.3	-0.06	6.5
Other Current Liabilities & Provisions	1.5	1.2	1.1
Cash Generated From Operations Before Extra-Ordinary Items	8.6	6.6	13
Net Income Tax (paid)/ refunded	-3.3	-4.0	-3.8
	-6.6	-2.8	-8.8
Cash Flow from Investing Activities:
Purchase of property, plant & equipment and intangible assets	-5.5	-7.6	-9.5
Purchase of Investment in Mutual Fund	-9.7	-0.59	0.00
Sale of Investment in Mutual Fund	8.5	5.1	0.00
Interest Income Received	0.16	0.27	0.74
	-0.27	0.04	-0.02
Cash Flow from Financing Activities:
Proceeds from Offer of Equity Shares	0.00	0.06	0.00
Finance Cost Paid	-0.27	-0.02	-0.02
Net Increase/(Decrease) in Cash & Cash Equivalents (A+B+C)	-1.5	-0.08	0.43
	2.2	2.1	2.6
Cash & Cash Equivalents as at Beginning of the Year	3.7	2.2	2.1
Effect of exchange difference on translation of foreign currency	0.01	0.00	0.03
Cash & Cash Equivalents as at End of the Year	2.2	2.1	2.6
Components of Cash and Cash Equivalents
Cash in Hand at the End of the Year	0.00	0.00	0.00
Bank Balance at the End of the Year	2.2	2.1	2.6
Page 55 of 410
SUMMARY OF CONTINGENT LIABILITY
Consolidated Financial Information.
Page 56 of 410
SUMMARY OF RELATED PARTY TRANSACTIONS
Name of Related
Party
Nature of
Relationship Nature of Transaction Nature of Transaction
Amount of
transaction
during the
year ended
Amount
outstand
ing as on
March
(Payable
Receiva
ble
Amount
transact
ion
during
the year
ended
March
Amount
outstand
ing as on
March
(Payable
Receiva
ble
Amount
transact
ion
during
the year
ended
March
Amount
outstand
ing as on
March
(Payable
Receiva
ble
Mr Satish Kumar
Vijayaragavan
Managing Director
(MD)
2024) (Re-designated as
Remuneration and Other Benefits 72.13 (12.39) 78.16	-0.20	0.67	-0.21
Mr Srikanth
Audina
Whole Time Director
(WTD)
(WTD from December
Remuneration and Other Benefits 63.14 (2.45) 43.32	0.00	0.00	-0.16

Discounted cash flow

What Everestims Technologies Limited's cash flow would be worth today. Change the rate, time period or growth to see how sensitive the answer is.

Discount rate

% / yr

Time period

years

Cash flow growth

% / yr

Worth today (10 years of cash)

₹145 Cr

Per share

₹66.93

Top of the price band

₹85.00

DCF value is 21.3% below it.

Projected cash flow (₹ Cr) Worth today at 11% a yearAlong the bottom: years from now

Starts from FY26 cash from operations of ₹9.2 Cr, grown 20% a year (based on revenue growth FY24–FY26, capped at 20%) and discounted at 11% a year, with no value counted beyond year 10. Per share uses the shares outstanding after the IPO at the top of the band. A simple illustration from the filing's numbers, not a forecast or investment advice; small changes to the rate or growth move the answer a lot.

The short version

Start here. The story in a few minutes, with every fact tied to the page it came from.

Here's what you need to know before investing in Everestims Technologies Limited's IPO.
AI-written summary of Everestims Technologies Limited's filings. Verify against the source documents.

Bottom line

Do your own research before deciding whether to invest.

Updates since the first filing

Addenda, corrigenda and the abridged prospectus, newest first.

5 Oct 2026OtherOther filing· 413 pagesOpen document
An earlier full draft. The main analysis above reflects the latest version; open the document to compare.

Everestims Technologies Limited IPO: common questions

Short answers drawn from the filings above.

How big is the Everestims Technologies Limited IPO?

Everestims Technologies Limited's IPO comprises a fresh issue of 45,93,600 shares and an offer for sale of 11.07 lakh shares, according to its SEBI filings. The price band is ₹80.00 to ₹85.00 per share.

What are Everestims Technologies Limited's revenue and profit?

Everestims Technologies Limited reported revenue from operations of ₹65 Cr in FY26, +15.2% versus FY25. Net profit was ₹13 Cr (FY25: ₹14 Cr). Revenue grew at a compound rate of 20.0% a year from FY24 to FY26. Figures are read from the Other, as printed there.

How much do promoters own in Everestims Technologies Limited?

Promoters hold 80.4% of Everestims Technologies Limited before the IPO.

What does Everestims Technologies Limited do?

Here's what you need to know before investing in Everestims Technologies Limited's IPO.

Who manages the Everestims Technologies Limited IPO?

Book running lead managers: ONEVIEW CORPORATE ADVISORS PRIVATE LIMITED, MAASHITLA SECURITIES PRIVATE LIMITED, EverestIMS Technologies Private Limited, Company was converted from a private limited, SME Platform of BSE Limited. Registrar to the offer: Alka Mishra INM000011930 Maashitla Securities Private Limited. Shares are proposed to list on BSE.

Where can I read the original Everestims Technologies Limited IPO documents?

All 1 filing for Everestims Technologies Limited (Other) are listed on this page with links to the original PDFs on SEBI's website. Every page reference cites the exact page of the source document.

Source documents

Every page reference on this site links to the original SEBI PDF.

Document	Filed	Pages	On this page	Source
OtherOther filing EVERESTIMS TECHNOLOGIES LIMITED · 5 Oct 2026	5 Oct 2026	413	See update	PDF

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