ArMee Infotech IPO
GMP, Subscription, Price, Dates & Financial Details
Power and Energy
Founded in 2003 and headquartered in Ahmedabad, Gujarat, ArMee Infotech Limited (AIL) is an IT infrastructure solutions and managed services company and a part of the ArMee Group. The company provides end-to-end technology solutions to a diverse customer base across government, corporates, banking,…
Open Date
Wed, 23 Sep 2026
Close Date
Fri, 25 Sep 2026
Issue Price
Not Announced
Lot Size
Not Announced
Issue Size
NA
Minimum Investment
NA
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
ArMee Infotech IPO is set to open its Initial Public Offering (IPO) for subscription on September 23, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹0.00 Crore, comprising a fresh issue of 300.00 Crore equity shares aggregating to ₹0.00 Crore.
The ArMee Infotech IPO will open for subscription on September 23, 2026, and close on September 25, 2026. The basis of allotment is expected to be finalized on September 28, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on September 30, 2026.
The price band and lot size for ArMee Infotech IPO are yet to be announced.
Cameo Corporate Services Limited is the registrar to the issue. Khandwala Securities Limited, and Saffron Capital Advisors Private Limited IPO Lead Manager are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the ArMee Infotech IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on September 25, 2026.
ArMee Infotech IPO Timeline (Tentative)
- IPO Open Date
- Wed, 23 Sep 26
- IPO Close Date
- Fri, 25 Sep 26
- Basis of Allotment
- Mon, 28 Sep 26
- Initiation of Refunds
- Tue, 29 Sep 26
- Credit of Shares to Demat
- Tue, 29 Sep 26
- Listing Date
- Wed, 30 Sep 26 — BSE & NSE
Open Date
23 September 2026
Close Date
25 September 2026
Basis Of Allotment
28 September 2026
Listing Date
30 September 2026
IPO Subscription
Check Live Subscription →The ArMee Infotech IPO subscription Data Unavailable. Subscription data will be available once biddings start. Bidding is open from 10:00 AM to 5:00 PM on 23 September 2026
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 0 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (0%), while Non-Institutional Investors (NIIs) receive 0 shares (0%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 0 | 0% |
| Retail Investors | 0 | 0% |
| Non-Institutional | 0 | 0% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 958.87 | 828.54 | 673.5 |
| Revenue | 1410.09 | 1315.78 | 1023.99 |
| Profit After Tax | 45.47 | 41.67 | 50.13 |
| Net Worth | 182.18 | 136.67 | 95.18 |
| Reserve & Surplus | 0 | 0 | 0 |
| Total Borrowings | 174.36 | 48.1 | 27.26 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
ArMee Infotech Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 28.52 | 35.94 | 70.67 |
| ROCE % | 24.1 | 32.43 | 57.55 |
| Debt / Equity | 0.96 | 0.35 | 0.29 |
| RoNW % | 24.96 | 30.49 | 52.67 |
| Pat Margin % | 3.26 | 3.17 | 4.91 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| ArMee Infotech Ltd | 10 | 0 | 19.16 | 19.16 | 24.96 | 76.77 |
| Dynacons Systems & Solutions Ltd | 10 | 16.41 | 66.64 | 66.64 | 26.9 | 247.54 |
| Orient Technologies Ltd | 10 | 243.15 | 1 | 1 | 1.36 | 73.44 |
| KPI Green Energy Ltd | 5 | 12.77 | 24.13 | 24.04 | 16.14 | 159.86 |
| Oriana Power Limited | 10 | 9.62 | 124.19 | 124.13 | 32.72 | 379.55 |
About ArMee Infotech Limited
Founded in 2003 and headquartered in Ahmedabad, Gujarat, ArMee Infotech Limited (AIL) is an IT infrastructure solutions and managed services company and a part of the ArMee Group. The company provides end-to-end technology solutions to a diverse customer base across government, corporates, banking, financial services and insurance (BFSI), and education sectors.
Over the years, AIL has expanded beyond its core IT services business by diversifying into retail sales and renewable energy, broadening its portfolio across technology and energy-related solutions.
Key Business Segments
IT Infrastructure: Provides IT hardware and software, supported by installation, integration, maintenance, and related technical support services.
IT Managed Services: Offers technical manpower, skill development and training, annual maintenance contracts, and other managed support services.
Retail Sales: Operates Experience Zones offering IT products, consumer electronics, gaming products, and related merchandise.
Renewable Energy: Undertakes solar Engineering, Procurement and Construction (EPC) projects and develops solar power projects under Power Purchase Agreements (PPAs). The company has also expanded into Battery Energy Storage System (BESS) projects.
Project Portfolio
As of June 30, 2026, AIL had 99 ongoing projects across its various business segments. These comprised:
65 projects in IT Infrastructure
21 projects in IT Managed Services
10 projects in Renewable Energy EPC
1 project in Renewable Energy PPA
2 projects in Renewable Energy BESS
The company's projects are geographically diversified, although Gujarat remains its primary operating market. Of the 99 ongoing projects as of June 30, 2026:
74 projects were located in Gujarat
11 projects were located in Maharashtra
2 projects each were located in Bihar, Andhra Pradesh, Uttar Pradesh, Madhya Pradesh, and Rajasthan
1 project each was located in Telangana, Tamil Nadu, Uttarakhand, and New Delhi
Workforce
As of June 30, 2026, AIL had 263 employees, including 219 skilled and semi-skilled technical personnel involved in the implementation and management of its projects.
In addition to its permanent workforce, the company had engaged 1,648 contractual employees as of the same date, providing additional manpower to support project execution and service delivery across its business operations.
ArMee Infotech IPO Promoters
- Ami Ridhish Patel
- Kiritkumar Chimanbhai Patel
- Ridhish Kiritbhai Patel
Promoters Holding
Holding Pre Issue
92.72%
Holding Post Issue
0.00%
ArMee Infotech IPO Objective
The Company ArMee Infotech IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Expansion of business by procuring new Government/PSU projects
- Funding our working capital requirements
- Prepayment or repayment of certain outstanding borrowings availed by our Company
- General corporate purposes
ArMee Infotech Limited Address / Contact Details
ArMee Infotech Ltd.
17, Goyal Intercity,
B/h Drive in Cinema,
Thaltej Road
Ahmedabad, Gujarat, 380058
Phone: + 91 79 4911 491
Email: cs@armeeinfotech.com
Website: http://www.armeeinfotech.com/
IPO Snapshot
ArMee Infotech IPO Lot Size
The ArMee Infotech IPO has a lot size of 0 shares. Retail investors require a minimum investment of ₹ by applying for 0 lot (0 shares). The maximum application allowed for the retail category is 0 lots (0 shares), requiring an investment of ₹.
| Application | Lots | Shares | Amount (₹) |
|---|
Issue Reservation
Book Running Lead Managers
- Khandwala Securities Limited
- Saffron Capital Advisors Private Limited IPO Lead Manager
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the ArMee Infotech IPO?
ArMee Infotech IPO is a Book-building IPO with a total issue size of ₹0 crore. The ArMee Infotech IPO price band is ₹0 to 0 per share. The ArMee Infotech IPO subscription opens on Wed, Sep 23, 2026, and closes on Fri, Sep 25, 2026. The ArMee Infotech IPO will be listed on the BSE,NSE. Cameo Corporate Services Limited is the registrar for the ArMee Infotech IPO.
When will the ArMee Infotech IPO open for subscription?
The ArMee Infotech IPO opens on Wed, Sep 23, 2026 and closes on Fri, Sep 25, 2026
What is ArMee Infotech IPO Price Band?
ArMee Infotech IPO Price Band is ₹0 to 0 per share.
What is ArMee Infotech IPO Lot Size?
ArMee Infotech IPO lot size is 0 shares, Retail investors need a minimum investment of ₹0 based on the upper price band
What is the minimum investment for ArMee Infotech IPO?
The minimum investment for ArMee Infotech IPO is ₹0, based on one lot of 0 shares at the upper price band of ₹0 per share.
How to apply for ArMee Infotech IPO?
Investors can apply for the ArMee Infotech IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Sep 25, 2026. The application amount remains blocked until the ArMee Infotech IPO allotment is finalized.
What is ArMee Infotech IPO Issue Size?
ArMee Infotech IPO issue size is ₹0 crores.
What is the ArMee Infotech IPO Allotment Date?
ArMee Infotech IPO allotment date is Mon, Sep 28, 2026.
Who is the ArMee Infotech IPO Registrar?
The registrar for ArMee Infotech IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check ArMee Infotech IPO allotment status, refund processing, and other IPO-related information.
Who is the ArMee Infotech IPO Lead Manager?
The book-running lead managers (BRLMs) for the ArMee Infotech IPO are Khandwala Securities Limited and Saffron Capital Advisors Private Limited IPO Lead Manager. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the ArMee Infotech IPO Red Herring Prospectus (RHP).