ArMee Infotech IPO
ArMee Infotech opens for subscription on 23 Sept 2026 and closes on 25 Sept 2026, at a price band of ₹350 – ₹375 with a lot of 40 shares. Listing is expected on 30 Sept 2026.
Updated 22 Oct 2026
Important dates
Opens
23 Sept 2026
Closes
25 Sept 2026
Allotment
28 Sept 2026
Listing
30 Sept 2026
IPO details
| Price band | ₹350 – ₹375 |
|---|---|
| Lot size | 40 shares |
| Minimum investment | ₹15,000 |
| Issue size | ₹300 crore |
| Face value | ₹10 per share |
| Board | Mainboard |
| Listing at | BSE, NSE |
| Retail quota | 52.50% |
| EPS | ₹19.16 |
| RoNW | 24.96% |
Grey market premium (GMP)
Last reported GMP: ₹6 (1.6%), an unofficial estimated listing price near ₹381 or about ₹240 per lot.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 2.59 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 1× | 0.42× | 0.54× | 0.57× |
| Day 2 | 1.01× | 0.93× | 1.45× | 1.45× |
| Day 3 | 3.2× | 2.24× | 2.61× | 2.59× |
How many lots can you apply for?
At the upper price band. Retail bids go up to ₹2 lakh, small NII (sHNI) above ₹2 lakh up to ₹10 lakh, and big NII (bHNI) above ₹10 lakh.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 40 | ₹15,000 |
| Retail (max) | 13 | 520 | ₹1,95,000 |
| sHNI (min) | 14 | 560 | ₹2,10,000 |
| sHNI (max) | 66 | 2,640 | ₹9,90,000 |
| bHNI (min) | 67 | 2,680 | ₹10,05,000 |
See IPO categories explained for how allotment works in each.
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 1,023.99 | 960.21 | 50.13 |
| FY25 | 1,315.78 | 1.26 | 41.67 |
| FY26 | 1,410.09 | 1.35 | 45.47 |
About ArMee Infotech
ArMee Infotech Limited (AIL), incorporated in 2003, is an IT infrastructure solutions provider that offers complete technology solutions across sectors including government, corporates, banking, financial services and insurance (BFSI), and education. In addition to IT solutions, the firm is also involved in retail sales and renewable energy. Its services include IT infrastructure, providing IT hardware and software, along with installation, integration, maintenance, and related support services.
They also provide IT Managed services, Retail Sales, and Renweable energy solutions. As of June 30, 2026, ArMee Infotech has completed 99 ongoing projects, in which 65 are IT Infrastructure, 21 are IT Managed Services, 10 are Renewable Energy EPC, 1 is Renewable Energy PPA, and 2 are for Renewable Energy BESS. All of its projects are operated in the states of Gujarat, Maharashtra, Bihar, Andhra Pradesh, Uttar Pradesh, Madhya Pradesh, Telangana, Tamil Nadu, Uttarakhand, New Delhi, and Rajasthan.
Objects of the issue
- Expansion of business by procuring new Government/PSU projects.
- Funding working capital requirements
- Prepayment or repayment of certain outstanding borrowings availed by the Company
- General Corporate Purposes
Allotment status and registrar
Cameo Corporate Services Ltd. is the registrar. After 28 Sept 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 044-28460390/28460391/28460392 · ArMee@cameoindia.com
Lead managers and offer documents
- Khandwala Securities Ltd.
- Saffron Capital Advisors Pvt. Ltd.
ArMee Infotech IPO: FAQs
When does the ArMee Infotech IPO open and close?
The ArMee Infotech IPO opens on 23 Sept 2026 and closes on 25 Sept 2026.
What is the ArMee Infotech IPO price band?
The price band is ₹350 – ₹375 per share (face value ₹10).
What is the ArMee Infotech IPO lot size?
One lot is 40 shares, so the minimum investment is ₹15,000 at the upper price band.
When is the ArMee Infotech IPO allotment date?
Allotment is expected on 28 Sept 2026. Check the status on the registrar's site (Cameo Corporate Services Ltd.) or the BSE/NSE allotment pages using your PAN.
When will ArMee Infotech shares list?
Listing is expected on 30 Sept 2026 on BSE, NSE.
What is the ArMee Infotech IPO GMP today?
The grey market premium was about ₹6 (1.6%) when this page was last updated, implying an unofficial estimated listing near ₹381. GMP is unregulated and can change quickly; do not rely on it.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.