EverestMS Technologies IPO Subscription Status Day 1: Issue Subscribed 0.13 Times

Authored By HDFC SKY | Published at: Sep 29, 2026 05:51 PM IST

EverestMS Technologies IPO Day 1 subscription status stood at 0.13x, with individual investors at 0.22x, NII at 0.11x and QIB at 0.00x as of September 29, 2026.

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Mumbai, September 29: EverestMS Technologies IPO opened for subscription on September 29, 2026, and will close on October 5, 2026. The bookbuilding issue comprises a fresh issue of 45.94 lakh shares aggregating up to ₹39.05 crore and an offer for sale of 11.07 lakh shares aggregating up to ₹9.41 crore. The price band is fixed at ₹80 to ₹85 per share. The lot size is 1,600 shares, requiring a minimum investment of ₹1,36,000 at the upper price band.

EverestMS Technologies IPO Day 1 Subscription Status

As of 4:59:51 PM on September 29, 2026, the EverestMS Technologies IPO had received total bids for 5,05,600 shares against 38,01,600 shares offered, resulting in a cumulative subscription of 0.13x.

Subscription Category	Shares Offered	Shares Bid For	Subscription
QIB (Ex Anchor)	10,88,000	0	0.00x
NII	8,16,000	92,800	0.11x
bNII (>₹10L)	5,44,000	68,800	0.13x
sNII (<₹10L)	2,72,000	24,000	0.09x
Individual Investors	18,97,600	4,12,800	0.22x
Total	38,01,600	5,05,600	0.13x

The subscription data was updated at 4:59:51 PM on September 29, 2026, marking Day 1 of the issue.

EverestMS Technologies Day-wise Subscription Summary

The available subscription data covers September 29, 2026, the first day of the issue.

Date	QIB (Ex Anchor)	NII	bNII (>₹10L)	sNII (<₹10L)	Individual Investors	Total
September 29, 2026 (Day 1)	0.00x	0.11x	0.13x	0.09x	0.22x	0.13x

EverestMS Technologies IPO Timeline

IPO Milestone	Date
Issue Open Date	September 29, 2026
Issue Close Date	October 5, 2026
Basis of Allotment Date	October 6, 2026
Initiation of Refunds	October 7, 2026
Credit of Shares	October 7, 2026
Listing Date	October 8, 2026

Brief Overview Of The EverestMS Technologies IPO

EverestMS Technologies IPO is a ₹48.46 crore bookbuilding issue comprising a fresh issue of 45.94 lakh shares aggregating up to ₹39.05 crore and an offer for sale of 11.07 lakh shares aggregating up to ₹9.41 crore. The IPO opened for subscription on September 29, 2026, and will close on October 5, 2026. The price band has been fixed at ₹80 to ₹85 per share, while the lot size is 1,600 shares. At the upper price band, an individual investor needs ₹1,36,000 to apply for one lot. The net offer to the public comprises 54.14 lakh shares after excluding the market maker reservation. The IPO is proposed to list on the BSE SME platform, with a tentative listing date of October 8, 2026. Overview Corporate Advisors Pvt. Ltd. is the book running lead manager, while Masshita Securities Pvt. Ltd. is the registrar to the issue.

Source:

https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4857&type=IPO&idtype=1&status=L&IPONo=8007&startdt=29%2F09%2F2026

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