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Everonn Systems India Limited IPO (Everonn IPO) Detail

July 5, 2007 - July 11, 2007

Everonn IPO is a book built issue of Rs 50.00 crores.

Everonn IPO bidding started from July 5, 2007 and ended on July 11, 2007. The shares got listed on BSE, NSE on August 1, 2007.

Everonn IPO price band is set at ₹125 to ₹140 per share. The minimum lot size for an application is 50 Shares. The minimum amount of investment required by retail investors is ₹7,000.

Centrum Capital Limited is the book running lead manager of the Everonn IPO, while Cameo Corporate Services Limited is the registrar for the issue.

Refer to Everonn IPO RHP for detailed information.

Everonn IPO Details

IPO Date July 5, 2007 to July 11, 2007
Listing Date August 1, 2007
Face Value ₹10 per share
Price Band ₹125 to ₹140 per share
Lot Size 50 Shares
Total Issue Size3,571,430 shares
(aggregating up to ₹50.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue10,278,217
Share holding post issue13,849,647

Everonn IPO Lot Size

Investors can bid for a minimum of 50 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 50 ₹7,000
Retail (Max) 28 1400 ₹196,000
Lot Size Calculator

Everonn IPO Promoter Holding

Share Holding Pre Issue 41.95%
Share Holding Post Issue 31.13%

About Everonn Systems India Limited

Everonn Systems India Limited is Knowledge Management, Education and Training Company. Everonn provides its services in Creating Educational and Training Content, Designing and executing large learning initiatives and setting up the needed infrastructure for learning and training.

Everonn has Virtual and Interactive Learning classroom networks across India. Everonn does business through 2 strong Business Units, Institutional Education and Infrastructure Services (IE & IS) and Virtual and Technology Enabled Learning Solutions (ViTELS).

Key Performance Indicator

Objects of the Issue (Everonn IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for
1. Capital expenditure for Institutional Education and IT infrastructure Services;
2. Capital expenditure for Virtual and Tech Enabled learning solutions;
3. Working Capital Requirements;
4. Brand Building exercise for the Company;
5. Funding the proposed Mergers & Acquisitions activity, and
6. To invest in the proposed Subsidiary to Retail Educational aids, tools and other products.


Everonn IPO Subscription Status (Bidding Detail)

The Everonn IPO is subscribed 131.47 times on July 11, 2007 5:00:00 PM. The public issue subscribed 123.80 times in the retail category, 92.95 times in the QIB category, and 277.81 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Everonn IPO Prospectus

Everonn IPO Rating

454
4.2
Rating:Rated 4.2 stars
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Everonn IPO Listing Details

Listing Date August 1, 2007
BSE Script Code 532876
NSE Symbol EVERONN
ISIN INE678H01010
Final Issue Price ₹140 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹140.00
₹245.00
₹245.00
₹560.00
₹478.45
NSE
₹140.00
₹245.00
₹245.00
₹567.00
₹477.35

Check IPO Performance…

Everonn Systems India Limited Contact Details

Everonn Systems India Limited
Everonn Systems India Limited,
No. 82, IV Avenue,
Ashok Nagar, Chennai – 600 083, Tamilnadu, India
Phone: +91-044-23718202-03
Email: ipo@everonn.com
Website: http://www.everonn.com

Everonn IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/

Everonn IPO - Buy or Not

Everonn IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 2 0 0
Members 0 0 0

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Everonn IPO FAQs

Everonn IPO is a main-board IPO of 3,571,430 equity shares of the face value of ₹10 aggregating up to ₹50.00 Crores. The issue is priced at ₹125 to ₹140 per share. The minimum order quantity is 50 Shares.

The IPO opens on July 5, 2007, and closes on July 11, 2007.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Everonn IPO opens on July 5, 2007 and closes on July 11, 2007.

Everonn IPO lot size is 50 Shares, and the minimum amount required is ₹7,000.

You can apply in Everonn IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Everonn IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Everonn IPO allotment status.

The Everonn IPO listing date is on August 1, 2007.
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Everonn IPO Message Board

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1853 Comments

1853. kriths |   Link |  Bookmark |November 8, 2007 3:41:42 PM
anybody have any idea whts happening with this stock? What are the future projections?
1852. sanjeev |   Link |  Bookmark |October 18, 2007 1:34:11 PM
When the Q2 results are coming for Everonn ? What are the projections thereafter ?
1851. sri |   Link |  Bookmark |October 5, 2007 6:53:01 PM
Now it finds support at 660. If markets goes for correction, then if finds support at 590.
1850. sri |   Link |  Bookmark |September 7, 2007 7:37:54 PM
With short term view, sell everonn before correction. It hasn't consolidated much before it reach the high level. In correction it may go to 600- 620 level, then u can buy.

This is my personal view only, I have been observing this stock from day1. It may happen... or may not....
1849. ASHU |   Link |  Bookmark |August 29, 2007 5:31:30 PM
don't sell guys. hold everonn buy if you get 550-600 range. good stock. it will give you a handsome return. don't panic. everonn is a star. try to buy as many you can.
1848. Hallo IPO King |   Link |  Bookmark |August 23, 2007 10:15:21 PM
Everonn 50@640
hold ya sell
plz advice sir
thanks
1847. simple |   Link |  Bookmark |August 22, 2007 12:46:34 PM
hi saurabh

call at this no.-
priya/Manjari/komala/-(044)28460014/28461989

try ...u will get reply

bye

1846. sourabh |   Link |  Bookmark |August 22, 2007 12:24:35 PM
Can any body tell me to whom I should contact for my refund. I have sent a mail to cameo@cameoindia.com three times but no response from them.
thx in advance
1845. Vini |   Link |  Bookmark |August 18, 2007 4:47:10 PM
HI RAJ , actually li pur. dist tv and wwil as per my agecnt siad, but i am waiting , if i will get book price i will quit and want to buy zylog, and further everonn, what do u say about both stock, omnitech already i have 100 shares @172 . omax also 100 shares , yet/. pur sbi 10 shares avg. 1490/- can i go for more and what price. icici 30 shares avg. 863/-. and last i have ivr very bad stock 10 shares. 1500/- loss .
1844. ashu |   Link |  Bookmark |August 16, 2007 2:07:27 PM
everonn is very good stock anything between 550-595 would be a good buying oprtunity. If you can wait for 40 to 60 days. I am sure you can easily see 700/- for this stock. Because of global market performance stock is trading @585/- i will say guys go and get it
1843. MVS |   Link |  Bookmark |August 15, 2007 11:47:50 PM
CHAK DE INDIA - HAPPY INDEPENDENCE DAY GUYS. HOPE INDIA FOR MOVING AHEAD LIKE EVERONN
1842. MVS |   Link |  Bookmark |August 15, 2007 9:27:23 PM
I have been alloted 50 shares and I have sold 25 @ 447. For remaining shares upto how many months I have to wait for
1000? Because my target is 1000 and I am not that much
greedy
1841. naveen |   Link |  Bookmark |August 14, 2007 9:52:30 AM
Hi Arhan,
Everonn is a very good stock, it has a potential to reach 1000 in a year & till diwali more than 750,
Rs 595 is also a good price, i can say its easily available, try to grab it a correction, will be lucky if get it somewhere in 515-525
all teh best
1840. Rinku |   Link |  Bookmark |August 14, 2007 12:35:36 AM
What is the future of Everonn in one month? Is it very good stock to keep in portfolio. Can anyone suggest? I am waiting for reply. Please help me.
1839. Arhan |   Link |  Bookmark |August 13, 2007 8:26:58 PM
Ashu, can i buy Everonn @595, please let me know ?and with in 45days ..whats the target...?
1838. ashu |   Link |  Bookmark |August 11, 2007 5:31:07 PM
don't panic guys. this stock has good protental to reach 750/- i would say we must keep stock like everonn in our portfolio. once again i would like to tell you there is no other alternate of everonn in current market except educomp. if you have patience and you can wait now wonder in few months everon would cross 1000/-
1837. ab |   Link |  Bookmark |August 11, 2007 4:11:03 PM
KINJAL,

thanks kinjal,yesterday sold it for 499
1836. ab |   Link |  Bookmark |August 11, 2007 4:11:02 PM
KINJAL,

thanks kinjal,yesterday sold it for 499
1835. Arun |   Link |  Bookmark |August 9, 2007 11:05:07 PM
When will i get the money back which i have invested for
IPO as it is long time i have put money in this IPO.
1834. Sachin |   Link |  Bookmark |August 7, 2007 4:59:12 PM
Hey
Cheer up buddies..now everonn is proving itself
today mkt did not move but everonn climbed up 500 mark

so i guess we should wait n watch ..it is gonna give you good amount ..i feel it will cross 600 ..if mkt moves 100 points

is nt it???

sachin