Direct tax proceedings against Promoters – 2 cases aggregating ₹0.43 lakh (to the extent quantifiable)
EverestIMS Technologies IPO
EverestIMS Technologies IPO is an SME IPO raising ₹48 Cr at ₹80 – ₹85 a share. It listed on 8 Oct 2026 at ₹126, +48.2% against its issue price of ₹85, and trades at ₹99 today (+16.4% since issue). It was subscribed 274× in total.
273.7 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
What’s in court
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed; the disclosed aggregate at stake is ₹0.0 Cr.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 0 | 0 | 0 | — |
| Promoters | 0 | 2 | 0 | ₹0.0 Cr |
| Directors | 0 | 1 | 0 | ₹0.0 Cr |
| Subsidiaries | 0 | 0 | 0 | — |
| Group companies | 0 | 0 | 0 | — |
Direct tax proceeding against a Director (other than Promoter) – 1 case aggregating ₹0.07 lakh
All amounts converted from ₹ lakh to ₹ crore (1 crore = 100 lakh = 10 million). Total ₹0.50 lakh = ₹0.005 crore. No individual case details (parties, sections, forums) are disclosed in the text — only summary counts and aggregate amounts in the tax proceedings table. All criminal proceedings, regulatory/statutory actions, SEBI disciplinary actions and material civil litigation are stated as NIL across the Company, Promoters, Directors (other than Promoters), Subsidiary and Group Company (and also KMP/SMP). No SEBI debarment/wilful defaulter/fugitive economic offender findings; material threshold adopted by the Board is ₹63.41 lakh. Amounts are stated 'to the extent quantifiable and ascertainable' for Promoters.. Outstanding means unresolved — a listed case is an exposure, not a verdict.
Source documents
What the issuer and the exchanges published. Everything else on this tab is read out of these.