EverestIMS Technologies IPO is a proposed SME public issue of EverestIMS Technologies Limited. The IPO is a book-built issue comprising a fresh issue and an Offer for Sale. The total issue comprises 57,00,800 equity shares of face value ₹10 each, aggregating up to ₹48.46 crore at the upper end of the price band.
EverestIMS Technologies Limited is a software company providing Software as a Service (SaaS) and on-premises products and services. The company focuses on digital transformation, IT Operations and Service Management, with AI-enabled solutions designed to help businesses manage IT infrastructure, applications, networks and service operations.
The company operates its solutions under the Infraon brand, with Infraon Infinity serving as its integrated platform. Its offerings cover IT Service Management, IT Infrastructure Management, Network Configuration and Change Management, AI for IT Operations, IT Asset Management and Operations Support System solutions. The company serves customers across multiple industries and geographies through direct sales and channel partners.
The EverestIMS Technologies IPO is scheduled to open for subscription on September 29, 2026 and close on October 5, 2026. The price band is fixed at ₹80 to ₹85 per equity share and the lot size is 1,600 shares. Since SME IPO applications require a minimum of two lots, the minimum retail application is 3,200 shares, requiring ₹2,72,000 at the upper price band.
Table of Contents
EverestIMS Technologies IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | EverestIMS Technologies IPO |
| Company Name | EverestIMS Technologies Limited |
| IPO Type | Book Built Issue |
| IPO Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹80 to ₹85 Per Share |
| Issue Size | 57,00,800 Equity Shares |
| Issue Amount | ₹48.46 Crore |
| Fresh Issue | 45,93,600 Equity Shares |
| Fresh Issue Amount | ₹39.05 Crore |
| Offer for Sale | 11,07,200 Equity Shares |
| OFS Amount | ₹9.41 Crore |
| IPO Open Date | September 29, 2026 |
| IPO Close Date | October 5, 2026 |
| Anchor Investor Bidding | September 26, 2026 |
| Basis of Allotment | October 6, 2026 |
| Refund Initiation | October 7, 2026 |
| Shares Credited to Demat Account | October 7, 2026 |
| Listing Date | October 8, 2026 |
| Listing Exchange | BSE SME |
| Lot Size | 1,600 Shares |
| Minimum Application | 3,200 Shares |
| Minimum Investment | ₹2,72,000 |
| Market Maker | KG Stock Broking Limited |
| Registrar | Maashitla Securities Private Limited |
| Book Running Lead Manager | Oneview Corporate Advisors Private Limited |
The EverestIMS Technologies IPO comprises a fresh issue of 45,93,600 equity shares and an Offer for Sale of 11,07,200 equity shares. At the upper price band of ₹85 per share, the total issue size amounts to ₹48.46 crore.
The minimum bid is 3,200 shares, equivalent to two lots of 1,600 shares. At the upper price band, the minimum application amount is ₹2,72,000.
EverestIMS Technologies IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | September 26, 2026 |
| IPO Opening Date | September 29, 2026 |
| IPO Closing Date | October 5, 2026 |
| Basis of Allotment | October 6, 2026 |
| Refund Initiation | October 7, 2026 |
| Shares Credited to Demat Account | October 7, 2026 |
| Listing Date | October 8, 2026 |
The EverestIMS Technologies IPO will remain open for subscription from September 29 to October 5, 2026. The basis of allotment is scheduled to be finalised on October 6, followed by refunds and demat credit on October 7. The shares are scheduled to list on BSE SME on October 8, 2026.
EverestIMS Technologies IPO Reservation
| Investor Category | Shares Offered | Percentage |
|---|---|---|
| Anchor Investors | 16,12,800 | Up to 29.79% of Total Issue |
| Qualified Institutional Buyers (QIB) | 27,00,800 | 50.00% of Net Offer |
| Non-Institutional Investors (NII) | 8,16,000 | 15.07% of Total Issue |
| Retail Individual Investors (RII) | 18,97,600 | 35.05% of Total Issue |
| Market Maker | 2,86,400 | 5.03% of Total Issue |
The IPO follows the SME issue allocation framework, with not more than 50% of the Net Offer available for QIBs, not less than 15% for NIIs and not less than 35% for Individual Investors. Up to 60% of the QIB portion may be allocated to Anchor Investors.
EverestIMS Technologies IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹2,72,000 |
| Retail Maximum | 2 | 3,200 | ₹2,72,000 |
| S-HNI Minimum | 3 | 4,800 | ₹4,08,000 |
| S-HNI Maximum | 7 | 11,200 | ₹9,52,000 |
| B-HNI Minimum | 8 | 12,800 | ₹10,88,000 |
The EverestIMS Technologies IPO lot size is 1,600 shares. However, the minimum application size is 3,200 shares, equivalent to two lots, as applicable to SME IPOs.
At the upper price band of ₹85 per share, the minimum investment for a retail application is ₹2,72,000.
About EverestIMS Technologies Limited
EverestIMS Technologies Limited was incorporated as EverestIMS Technologies Private Limited on April 13, 2017. The company was subsequently converted from a private limited company into a public limited company in 2024. Its registered office is located in J.P. Nagar, Bengaluru, Karnataka.
The company provides Software as a Service (SaaS) and on-premises software products and services focused on digital transformation, IT Operations and Service Management. Its solutions are designed to help enterprises monitor IT infrastructure, networks, servers and applications while improving service delivery and automating operational processes.
The company operates under the Infraon brand, with Infraon Infinity serving as its integrated platform. The platform combines multiple IT management capabilities including IT Service Management, IT Infrastructure Management, Network Configuration and Change Management, AI for IT Operations, IT Asset Management and Operations Support Systems.
EverestIMS follows a combination of direct sales and channel-led sales. Direct sales are undertaken by the company and its US subsidiary, Infraon Corp, while domestic and international channel partners, distributors and sales agents support customer acquisition and business development.
Business Operations
EverestIMS Technologies operates in the enterprise software, IT Operations Management and IT Service Management segment.
- Software Products – The company provides software products designed for IT operations, infrastructure management, service management and related enterprise requirements.
- SaaS Solutions – Its cloud-based solutions allow customers to access IT management capabilities through subscription-based offerings.
- On-Premises Solutions – The company also provides software that can be deployed within the customer’s own IT environment.
- IT Operations Management – The company’s solutions help businesses monitor infrastructure, applications, networks and other IT resources.
- IT Service Management – The platform provides capabilities for incident management, service requests, workflow automation and related IT service functions.
- AI-Enabled Solutions – The company incorporates artificial intelligence into selected products and capabilities, including AIOps and AI-powered service management.
- Direct Sales – The company directly approaches customers through its own sales organisation and its US subsidiary.
- Channel Sales – Domestic and international partners, distributors and sales agents support customer acquisition and market expansion.
- Support and Services – The company generates service revenue through implementation, customisation, support, maintenance and related services.
Product Portfolio
EverestIMS Technologies offers a range of enterprise IT management products through its Infraon platform.
- IT Service Management (ITSM)
- IT Infrastructure Management (ITIM)
- Network Configuration and Change Management (NCCM)
- AI for IT Operations (AIOps)
- IT Asset Management (ITAM)
- Operations Support System (OSS)
- Network Management Solutions
- Enterprise Service Management
- SaaS-based IT Operations Solutions
- On-Premises IT Management Solutions
The company’s flagship Infraon Infinity platform brings multiple IT service and operations management capabilities together within an integrated platform. The company states that the unified platform can reduce the requirement for customers to maintain multiple separate tools for different IT service and operations functions.
Industry Overview
The enterprise software and IT management industry is supported by increasing digitisation across businesses, government organisations, telecommunications companies and other institutions. As organisations rely more heavily on applications, networks, cloud infrastructure and digital services, the need to monitor and manage IT environments continues to evolve.
IT Operations Management and IT Service Management platforms are increasingly incorporating artificial intelligence, automation and analytics. Businesses are seeking tools that can identify infrastructure issues, automate workflows, improve service response and provide greater visibility across technology environments.
The transition towards cloud computing and SaaS models has also changed the way enterprise software is deployed. Alongside cloud-based platforms, many organisations continue to require on-premises solutions because of security, regulatory, integration and customisation requirements.
The industry remains competitive, with software companies competing on product capabilities, technology, pricing, implementation expertise, customer support and innovation. Rapid technological changes also require software companies to continuously invest in research, product development, cybersecurity and skilled employees.
Business Strategy
EverestIMS Technologies intends to expand its software capabilities and strengthen its position in the IT Operations and Service Management market.
- Develop AI Capabilities – The company plans to establish an Artificial Intelligence Innovation and Experience Laboratory to strengthen its AI-related product development and capabilities.
- Expand Product Portfolio – The company intends to continue developing and enhancing its ITOM, ITSM, ITIM, NCCM, ITAM and OSS capabilities.
- Increase Customer Base – The company intends to acquire customers across government organisations, telecom companies, small and medium businesses, mid-sized enterprises and large enterprises.
- Expand Channel Network – The company plans to strengthen its domestic and international channel partner network to support sales and market expansion.
- Cross-Sell Products – The company intends to increase business from existing customers by adding users and cross-selling additional product modules.
- Expand International Presence – Through its US subsidiary and international channel relationships, the company intends to increase its presence in overseas markets.
- Strengthen Sales and Marketing – The company plans to expand sales and marketing activities to support customer acquisition and brand visibility.
EverestIMS Technologies IPO Financial Information
EverestIMS Technologies has reported growth in revenue from operations over the three-year period ended March 31, 2026. Revenue from operations increased from ₹45.23 crore in FY2024 to ₹56.54 crore in FY2025 and ₹65.12 crore in FY2026.
Profit after tax increased from ₹10.83 crore in FY2024 to ₹14.08 crore in FY2025 before declining to ₹13.14 crore in FY2026. The company remained debt-free across the reported periods.
EverestIMS Technologies Financial Summary
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue from Operations | ₹45.23 Crore | ₹56.54 Crore | ₹65.12 Crore |
| Total Income | ₹45.62 Crore | ₹57.78 Crore | ₹65.91 Crore |
| EBITDA | ₹17.44 Crore | ₹22.64 Crore | ₹23.34 Crore |
| Profit Before Tax | ₹14.84 Crore | ₹18.85 Crore | ₹17.64 Crore |
| Profit After Tax | ₹10.83 Crore | ₹14.08 Crore | ₹13.14 Crore |
| Net Worth | ₹32.22 Crore | ₹47.41 Crore | ₹60.59 Crore |
| Total Assets | ₹50.47 Crore | ₹67.82 Crore | ₹90.27 Crore |
| Total Borrowings | Nil | Nil | Nil |
Statement of Assets, Liabilities and Equity
| Particulars | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Equity Share Capital | ₹17.04 Crore | ₹17.04 Crore | ₹1.83 Crore |
| Reserves & Surplus | ₹43.54 Crore | ₹30.37 Crore | ₹30.39 Crore |
| Total Equity | ₹60.59 Crore | ₹47.41 Crore | ₹32.22 Crore |
| Total Borrowings | Nil | Nil | Nil |
| Trade Payables | ₹6.99 Crore | ₹0.54 Crore | ₹0.60 Crore |
| Other Current Liabilities | ₹16.00 Crore | ₹14.40 Crore | ₹12.62 Crore |
| Total Assets | ₹90.27 Crore | ₹67.82 Crore | ₹50.47 Crore |
Statement of Profit and Loss
| Particulars | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Revenue from Operations | ₹65.12 Crore | ₹56.54 Crore | ₹45.23 Crore |
| Other Income | ₹0.79 Crore | ₹1.24 Crore | ₹0.39 Crore |
| Total Income | ₹65.91 Crore | ₹57.78 Crore | ₹45.62 Crore |
| Total Expenses | ₹48.28 Crore | ₹38.93 Crore | ₹30.77 Crore |
| Profit Before Tax | ₹17.64 Crore | ₹18.85 Crore | ₹14.84 Crore |
| Profit After Tax | ₹13.14 Crore | ₹14.08 Crore | ₹10.83 Crore |
| Basic EPS | ₹7.71 | ₹8.27 | ₹6.57 |
EverestIMS Technologies IPO Key Financial Ratios
| KPI | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Return on Equity (ROE) | 40.41% | 35.35% | 24.33% |
| Return on Capital Employed (ROCE) | 56.56% | 48.63% | 36.15% |
| Return on Net Worth (RONW) | 33.61% | 29.69% | 21.69% |
| EBITDA Margin | 38.23% | 39.19% | 35.41% |
| PAT Margin | 23.74% | 24.36% | 19.93% |
| Debt-to-Equity Ratio | Nil | Nil | Nil |
| Earnings Per Share (EPS) | ₹6.57 | ₹8.27 | ₹7.71 |
| Net Asset Value (NAV) | ₹19.54 | ₹27.82 | ₹35.55 |
| Current Ratio | 2.98 | 2.77 | 2.80 |
Objects of the EverestIMS Technologies IPO
The company intends to utilise the net proceeds from the fresh issue for the following purposes:
- Purchase of IT hardware for setting up an Artificial Intelligence (AI) Innovation and Experience Laboratory – ₹5.66 crore.
- Funding of Working Capital Requirements – ₹24.00 crore.
- General Corporate Purposes.
The AI Innovation and Experience Laboratory is proposed to support the company’s artificial intelligence and product development capabilities. The working capital component is intended to support the company’s operational requirements as its business expands.
EverestIMS Technologies IPO Listing Performance
The EverestIMS Technologies IPO is scheduled to list on the BSE SME platform on October 8, 2026.
| Particular | Value |
|---|---|
| Listing Exchange | BSE SME |
| Listing Date | October 8, 2026 |
| Issue Price | ₹80 to ₹85 |
| Upper Price Band | ₹85 |
| Listing Price | Not Available |
| Listing Gain | Not Available |
| Listing Gain (%) | Not Available |
The actual listing price and listing performance will be known after the shares begin trading on the stock exchange.
EverestIMS Technologies IPO Subscription Status
The EverestIMS Technologies IPO has not yet opened for subscription. The bidding period is scheduled from September 29 to October 5, 2026.
EverestIMS Technologies IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | Not Available |
| Non-Institutional Investors (NII) | Not Available |
| Retail Individual Investors (RII) | Not Available |
| Total Subscription | Not Available |
Subscription figures will become available once bidding begins.
EverestIMS Technologies IPO GMP
The EverestIMS Technologies IPO GMP is currently reported at ₹0.
| Date | GMP |
|---|---|
| September 24, 2026 | ₹0 |
Grey Market Premium is an unofficial indicator and is not part of the formal IPO process. GMP can change before and during the subscription period and does not guarantee the actual listing price.
EverestIMS Technologies IPO Review
EverestIMS Technologies operates in the enterprise software and IT Operations and Service Management segment through its Infraon platform. Its product portfolio covers ITSM, ITIM, NCCM, AIOps, ITAM and OSS, while the company offers both SaaS and on-premises deployment models.
The company has reported growth in revenue from operations from ₹45.23 crore in FY2024 to ₹65.12 crore in FY2026. EBITDA increased from ₹17.44 crore to ₹23.34 crore over the same period, while the company remained debt-free. However, PAT declined from ₹14.08 crore in FY2025 to ₹13.14 crore in FY2026.
The proposed fresh issue proceeds are primarily intended for an AI Innovation and Experience Laboratory and working capital requirements. The company is also seeking to expand its customer base, sales network, channel partnerships and international operations.
The business has exposure to customer concentration and working-capital requirements. In FY2026, the top 10 customers contributed 88.77% of revenue, while trade receivables stood at ₹51.96 crore at March 31, 2026. The company also operates in a competitive technology market where changing technology, cybersecurity requirements and demand for new AI-enabled capabilities can affect product development and customer retention.
EverestIMS Technologies IPO Strengths
- Integrated IT Operations and Service Management platform covering ITSM, ITIM, NCCM, AIOps, ITAM and OSS.
- Hybrid SaaS and on-premises deployment model allows the company to serve customers with different technology, security and deployment requirements.
- Strong revenue growth, with revenue from operations increasing from ₹45.23 crore in FY2024 to ₹65.12 crore in FY2026.
- Debt-free financial position during the reported financial periods.
- Established direct and channel-led sales model with domestic and international market presence.
- AI-focused product development plans supported by the proposed Artificial Intelligence Innovation and Experience Laboratory.
EverestIMS Technologies IPO Risk Factors
- The company has significant customer concentration, with its top 10 customers contributing 88.77% of FY2026 revenue.
- Trade receivables increased to ₹51.96 crore as of March 31, 2026, creating working-capital requirements.
- The enterprise software market is highly competitive and subject to rapid technological changes.
- The company depends on skilled technology professionals and may face challenges in attracting and retaining experienced employees.
- The company does not have formal agreements with certain channel partners for joint sales strategies.
- Cybersecurity incidents, system failures, privacy issues or technology disruptions could adversely affect business operations and customer relationships.
EverestIMS Technologies IPO Promoters
The promoters of EverestIMS Technologies Limited are:
- Mr. Satish Kumar Vijayaragavan
- Mr. Sudhakar Aruchamy
- Mr. Arun Prasath Ramadoss
- Mr. Ramesh Pratap Tiwari
- Mr. Deepak Kumar Shenbagarajan
- Mr. Srikanth Audina
- Mr. N Ganesh Kumar
- Mr. Deepak Gupta
The promoters held approximately 84.50% of the pre-offer paid-up equity share capital according to the offer document.
EverestIMS Technologies IPO Management Team
| Name | Designation |
|---|---|
| Satish Kumar Vijayaragavan | Managing Director |
| Sudhakar Aruchamy | Chairman & Whole-Time Director |
| Srikanth Audina | Whole-Time Director |
| Deepak Kumar Shenbagarajan | Whole-Time Director |
| N Ganesh Kumar | Whole-Time Director |
| Arun Prasath Ramadoss | Whole-Time Director |
| Deepak Gupta | Whole-Time Director |
| Prakash Bhat | Chief Financial Officer |
| Vijayalaxmi Sangayya Salimath | Company Secretary & Compliance Officer |
Satish Kumar Vijayaragavan has been associated with the company since its incorporation and has experience in software and technology services. Sudhakar Aruchamy has experience in technology and business operations and has been associated with the company since its early years.
The management team includes professionals responsible for business development, technology, finance, operations and corporate functions.
EverestIMS Technologies IPO Registrar Details
The registrar is responsible for processing IPO applications, finalising the basis of allotment, coordinating refunds and facilitating the credit of allotted shares to investors’ demat accounts.
| Particular | Details |
|---|---|
| Registrar Name | Maashitla Securities Private Limited |
| Address | 451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, New Delhi – 110034 |
| Website | https://www.maashitla.com |
| Email ID | [email protected] |
| Contact Number | 011-45121795-96 |
Maashitla Securities Private Limited is the registrar to the EverestIMS Technologies IPO.
EverestIMS Technologies IPO Lead Manager Details
| Particular | Details |
|---|---|
| Lead Manager | Oneview Corporate Advisors Private Limited |
| Address | Bajaj Bhawan, Room No. 111, 11th Floor, Nariman Point, Mumbai – 400021 |
| Website | www.oneviewadvisors.com |
| Telephone | +91-22-43472247 |
Oneview Corporate Advisors Private Limited is the Book Running Lead Manager to the EverestIMS Technologies IPO.
EverestIMS Technologies Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | EverestIMS Technologies Limited |
| Registered Office | No. 759, Sree Gururaya Mansion, South Wing, 8th Main, J.P. Nagar, III Phase, Bengaluru, Karnataka – 560078 |
| Telephone | 080-46567100 |
| Email ID | [email protected] |
| Website | https://everestims.com |
The registered office of EverestIMS Technologies Limited is located in J.P. Nagar, Bengaluru, Karnataka.
How to Check EverestIMS Technologies IPO Allotment Status
Investors can check the EverestIMS Technologies IPO allotment status after the basis of allotment is finalised through the registrar’s website or the relevant stock exchange platform.
Through Maashitla Securities Private Limited
- Visit the Maashitla Securities IPO allotment website.
- Select EverestIMS Technologies IPO from the available issue list.
- Choose PAN Number, Application Number or DP/Client ID.
- Enter the required details.
- Submit the information to view the allotment status.
Through BSE
- Visit the BSE website and open the IPO allotment or investor services section.
- Select EverestIMS Technologies IPO.
- Enter the required application or PAN details.
- Complete the verification process.
- Submit the details to view the allotment status.
The basis of allotment is scheduled for October 6, 2026, with refund initiation and demat credit scheduled for October 7, 2026.
EverestIMS Technologies IPO Conclusion
EverestIMS Technologies IPO is a BSE SME book-built issue of ₹48.46 crore comprising a fresh issue and an Offer for Sale. The company provides SaaS and on-premises IT management solutions under the Infraon brand, covering ITSM, ITIM, NCCM, AIOps, ITAM and OSS.
The company has reported growth in revenue from operations from ₹45.23 crore in FY2024 to ₹65.12 crore in FY2026 and remained debt-free across the reported periods. Its FY2026 EBITDA margin stood at 35.41%, while PAT margin was 19.93%.
The fresh issue proceeds are proposed to fund an AI Innovation and Experience Laboratory, working capital requirements and general corporate purposes. The company also intends to expand its customer base, channel network, product capabilities and international presence.
At the same time, investors should consider the company’s customer concentration, sizeable trade receivables, dependence on skilled technology professionals, competitive industry environment, channel-partner risks and rapid technological changes. The final IPO valuation should be considered along with these factors and the company’s future financial performance.
EverestIMS Technologies IPO FAQs
What is EverestIMS Technologies IPO?
EverestIMS Technologies IPO is a BSE SME book-built public issue comprising 57,00,800 equity shares, including a fresh issue and an Offer for Sale.
What is the price band of EverestIMS Technologies IPO?
The price band of EverestIMS Technologies IPO is ₹80 to ₹85 per equity share.
What is the issue size of EverestIMS Technologies IPO?
The total issue size is 57,00,800 equity shares, aggregating up to ₹48.46 crore at the upper price band.
What is the fresh issue size of EverestIMS Technologies IPO?
The fresh issue comprises 45,93,600 equity shares, aggregating up to ₹39.05 crore at the upper price band.
What is the Offer for Sale size of EverestIMS Technologies IPO?
The Offer for Sale comprises 11,07,200 equity shares, aggregating up to ₹9.41 crore at the upper price band.
When will EverestIMS Technologies IPO open?
EverestIMS Technologies IPO will open for subscription on September 29, 2026.
When will EverestIMS Technologies IPO close?
EverestIMS Technologies IPO will close on October 5, 2026.
What is the lot size of EverestIMS Technologies IPO?
The lot size is 1,600 shares. The minimum application is two lots, or 3,200 shares.
What is the minimum investment required for EverestIMS Technologies IPO?
At the upper price band of ₹85, the minimum application of 3,200 shares requires ₹2,72,000.
What is the EverestIMS Technologies IPO GMP?
The current EverestIMS Technologies IPO GMP is reported at ₹0. GMP is an unofficial market indicator and can change before listing.
When is EverestIMS Technologies IPO allotment?
The basis of allotment is scheduled for October 6, 2026.
When will EverestIMS Technologies IPO shares be credited to demat accounts?
The shares are scheduled to be credited to successful applicants’ demat accounts on October 7, 2026.
When will EverestIMS Technologies IPO list?
The shares are scheduled to list on the BSE SME platform on October 8, 2026.
Who is the registrar of EverestIMS Technologies IPO?
Maashitla Securities Private Limited is the registrar to the EverestIMS Technologies IPO.
Who is the lead manager of EverestIMS Technologies IPO?
Oneview Corporate Advisors Private Limited is the Book Running Lead Manager to the IPO.
What does EverestIMS Technologies Limited do?
EverestIMS Technologies Limited provides SaaS and on-premises IT management products and services focused on IT Operations and Service Management. Its Infraon platform covers ITSM, ITIM, NCCM, AIOps, ITAM and OSS.
What are the objects of EverestIMS Technologies IPO?
The fresh issue proceeds are proposed to be used for purchasing IT hardware for an AI Innovation and Experience Laboratory, funding working capital requirements and general corporate purposes.
