EverestIMS Technologies Ltd IPO

Experienced core team supported by experienced and senior management team.

Fully Integrated Platform.

Cordial relationship with our channel partners.

Diversified Platform Development and Market Expansion.

Our business may be adversely affected if we fail to adapt to rapid technological changes and evolvingindustry standards, or if we are unable to successfully enhance our existing products and services ordevelop new offerings.

We have had negative cash flows in the past from investing activities and financing activities. Anysustained negative cash flow could adversely impact our business, financial condition and results ofoperations.

We have not entered into formal agreements with some channel partners for joint sales strategies, whichcould have a material adverse effect on our business, financial condition, and results of operations.

Defects, errors, or disruptions in our software products and services, or potential misuse of our platforms,could result in liability, loss of customers, and reputational harm.

Our Company requires significant amounts of working capital for a continued growth. Our workingcapital requirement was Rs.3,522.28 lakhs, Rs.2,364.04 lakhs and Rs.2,343.23 lakhs for Fiscal 2026, Fiscal2025 and Fiscal 2024, respectively. Our inability to meet our working capital requirements may have anadverse effect on our results of operations.

Our success depends largely on our ability to attract and retain skilled personnel. Our employee benefitsexpenses were Rs.2,204.25 lakhs, Rs.2,337.96 lakhs, and Rs.1,876.90 lakhs, representing 33.44%, 40.46%, and41.15% of our Total Income for the Fiscal 2026, Fiscal 2025, and Fiscal 2024, respectively. High attritionor our inability to attract and retain such personnel in this highly skilled and technical employee-intensiveindustry could adversely affect our business and results of operations.

We do not own any premises, including our Registered Office and operate from coworking spaces, rely onlease agreements. If these agreements are terminated on shorter notice or revoked by the Lessor, ourbusiness and results of operations could be adveresly affected.

Our business operations are dependent on Information Technology systems which are vulnerable tocybersecurity threats, unauthorized access, and system failures. Any failure to maintain cyber security orcomply with evolving data privacy and protection laws could lead to operational disruptions, legal liability,and reputational harm.

Our Promoters are party to certain litigation and claims. These legal proceedings are pending at differentlevels of adjudication before various forums and regulatory authorities. Any adverse decision may makeus liable to penalties and may adversely affect our reputation, business, and financial status.

There have been some instances of delayed filing/ incorrect filings in the past with the Registrar ofCompanies which may attract penalties. Consequently, our Company may be subject to regulatory actionsand penalties for such delays which may adversely impact our business and financial condition.