EverestIMS Technologies IPO

EverestIMS Technologies was incorporated in 2017 is a software enterprise company offering Software as a Service (SaaS) and on-premises software products and services for digital transformation, IT operations and service management, with AI-enabled capabilities.

The company sells directly, including through its US subsidiary Infraon Corp, and through domestic and international channel partners, distributors and sales agents. It operates from Bengaluru, Mumbai and Gurgaon. Its Infraon Infinity platform covers IT service management, IT infrastructure management, network configuration and change management, AI for IT Operations, IT asset management and telecom operations support systems.

On-premises software earns one-time per-user licence fees, additional licence and module fees, telecom customisation charges and annual maintenance revenue; the cloud platform earns annual subscription fees. Customers include large enterprises, telecom operators, government organizations, mid-market businesses and SMBs.

FY26 revenue from operations was ₹65.12 crore. Software products contributed ₹50.06 crore, or 76.8% of revenue; services contributed ₹9.81 crore, or 15.07%; and hardware contributed ₹5.25 crore, or 8.07%.

Hardware revenue first appeared in FY26 while software products remained the largest source across FY24 to FY26. Country-wise, India accounted for ₹61.20 crore and a disclosed 93.9% of FY26 revenue. The UAE contributed ₹3.05 crore and 4.68%, while Malaysia contributed ₹0.34 crore and 0.52%; each other disclosed overseas market contributed 0.30% or less. The company reported 230 payroll employees at March 31, 2026, including 107 in engineering and 59 in customer success and support. Its order book was ₹39.12 crore at August 31, 2026; the top ten customers contributed 88.77% of FY26 revenue.