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EverestIMS Technologies Ltd

Registered Office: No.759 Sree Gururaya Mansion,South Wing 8th Main J.P.Nagar, Bangalore - 560078, Karnataka, India.
Phone : 080-4656 7100   Fax:
Email :  cs@everestims.com  
Website :  https://everestims.com/

Initial public offer of upto 57,00,800 equity shares of face value of Rs.10/- each (the "Equity Shares") of Everestims Technologies Limited ("the Company" or "Everestims" or "the Issuer") at an offer price of Rs. 85 per equity share for cash, aggregating up to Rs. 48.46 Crores comprising of fresh offer of up to 45,93,600 equity shares aggregating to Rs. 39.05 Crores ("Fresh Offer") and an offer for sale of up to 11,07,200 equity shares by Satish Kumar Vijayaragavan, Sudhakar Aruchamy, Arun Prasath Ramadoss, Ramesh Pratap Tiwari, Deepak Kumar Shenbagarajan, Srikanth Audina, Ganesh Kumar Nagaiah, Deepak Gupta, Abhirup Sarkar, Prakash Bhat, Praveen Kumar Sinha, Ramya Sellamuthu and Samaresh Mandal ("Selling Shareholders") aggregating to Rs. 9.41 Crores ("Offer for Sale") ("Public Offer"). The offer includes a reservation of up to 2,86,400 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 85 per equity share for cash, aggregating Rs. 2.43 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of up to 54,14,400 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 85 per equity share for cash, aggregating upto Rs. 46.02 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.35% and 25.02% respectively of the post- offer paid-up equity share capital of the company. Price Band: Rs. 85/- per equity share of face value Rs. 10 each. The floor price is 8.50 times of the face value of the equity shares. Bids can made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
29-Sep-26 05-Oct-26 85.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 3200   Further Multiples of : 1600
  Rs(Cr.) Lead Managers to the Issue
Project Cost 35.15 Oneview Corporate Advisors Pvt Ltd
Project Financed through Current Offer 48.46  
Post Issue Equity Share Capital 21.64  
Issue Price 85.00  

Project

  • Investment in new capabilities
  • Purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory
  • Working capital requirement
  • General corporate purposes

Promoted By

No Data Available

Listing At

BSE - SME

Registrar to the Issue

Maashitla Securities Pvt Ltd

Attention Investor:

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