IPO profile
ArMee Infotech Limited
ARMEE · NSE
- Price band
- ₹350 - ₹375
- Subscription
- 1.38x
Application & Issue Details
- Minimum Quantity
- 40 shares
- Minimum Application
- ₹15,000
- Issue Size
- Rs. 300 Cr
- Face Value
- Not available
- Issue Price
- ₹375
Company Overview
ArMee Infotech is an Indian IT services and systems integration company. It provides hardware supply, installation, and managed IT services (like technical support and maintenance) to government and private clients. Seeking new growth, the company has also expanded into the renewable energy sector through solar EPC contracts and power purchase agreements. Most of its business is secured through direct orders and competitive government bidding.
Important Dates
- Open Date
- 23 Sept 2026
- Close Date
- 25 Sept 2026
- Allotment Date
- Not available
- Listing Date
- 30 Sept 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Subscription
- QIB
- 0.94x
- NII
- 1.50x
- Retail
- 1.43x
- Total
- 1.38x
Updated 25 Oct 2026, 12:08 pm · source: nse
Actual Listing Performance
- Listing Date
- 30 Sept 2026
- Actual Listing Price
- ₹375
- Gain/Loss Per Share
- ₹0
- Gain/Loss Per Lot
- ₹0
- Listing Gain/Loss %
- 0.00%
- Measured Against
- ₹375
- Lot Size
- 40 shares
Historical result from the reported listing price, compared with the issue price. Excludes brokerage, taxes and charges.
Company Strengths & Risks
Reported strengths
- Established track record in delivering multi-location IT infrastructure projects.
- Geographically diversified presence across 14 Indian states.
- Expansion into high-growth segments like solar EPC, PPAs, and BESS.
- Experienced management team with over two decades of industry experience.
- Long-standing vendor relationships with major technology partners and OEMs.
Key risks
- Business operations are heavily concentrated in Gujarat, Maharashtra, and Tamil Nadu.
- High revenue dependence on government and public sector undertaking clients.
- Heavy reliance on top technology partners for raw materials and hardware supply.
- Declining success rate in competitive government tender bids over recent fiscal years.
- Promoters and management have limited prior experience in executing renewable energy projects.
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 12:08 pm IST · GMP: ipoalerts · subscription: nse · listing price: NSE/BSE
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.