IPO Issue Details
Issue Price / Price Band₹375 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size40 Shares per Lot
Total Issue Size80,00,000 shares (agg. up to ₹300 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital only
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 23 Sep 2026
Subscription CloseFri, 25 Sep 2026
Anchor AllotmentTue, 22 Sep 2026
Basis of AllotmentMon, 28 Sep 2026
Initiation of RefundsTue, 29 Sep 2026
Credit of Shares to DematTue, 29 Sep 2026
Listing DateWed, 30 Sep 2026
UPI Mandate Deadline5:00 PM on 25 Sep 2026 (Day 3)
Application & Investment Details
Retail — Min (1 Lots)₹15,000 — 40 shares
Retail — Max (13 Lots)₹195,000 (13 Lots)
HNI — Min (67 Lots)₹10,05,000 — 2680 shares
EPS (Pre-IPO)₹19.16
EPS (Post-IPO)₹14.33
P/E Ratio (Pre-IPO)19.57x
P/E Ratio (Post-IPO)26.17x
Pre-IPO Promoter Holding2,37,31,386 shares
Post-IPO Promoter Holding3,17,31,386 shares
Fresh Issue Shares80,00,000 shares (agg. up to ₹300 Cr)
About ArMee Infotech Ltd
Founded in 2003 and headquartered in Ahmedabad, Gujarat, ArMee Infotech Limited (AIL) is an IT infrastructure solutions and managed services company. As part of the ArMee Group, the company provides end-to-end technology solutions across sectors including government, corporates, banking, financial services and insurance (BFSI), and education. The company has also diversified into retail sales and renewable energy, expanding its business beyond its core IT services.ServicesIT Infrastructure: Provides IT hardware and software, along with installation, integration, maintenance, and related support services.IT Managed Services: Offers technical manpower, skill development and training, and annual maintenance services.Retail Sales: Operates Experience Zones focused on IT products, consumer electronics, gaming, and related merchandise.Renewable Energy: Undertakes solar engineering, procurement and construction (EPC) projects and develops solar power projects under Power Purchase Agreements (PPAs), along with Battery Energy Storage System (BESS) projects.As on June 30, 2026, The company have 99 Ongoing Projects out of which 65 are under IT Infrastructure category, 21 are under IT managed services category, 10 are under the Renewable Energy EPC and 1 is for Renewable Energy PPA and 2 are for Renewable Energy BESS.As of June 30, 2026, out of their 99 Ongoing Projects, 74 projects are based in the state of Gujarat, 11 in Maharashtra, 2 each in Bihar, Andhra Pradesh, Uttar Pradesh, Madhya Pradesh and Rajasthan and 1 each is based in Telangana, Tamil Nadu, Uttarakhand, and New Delhi.As of June 30, 2026, they have 263 employees, out of which 219 are skilled and semi-skilled technical manpower engaged in the implementation and management of the various projects. In addition, as of June 30, 2026, they have engaged 1,648 employees on contractual basis.Competitive Strengths:Proven track record in executing projects for Government / PSU clientsConsistent track record of financial performanceAbility to service clients and projects across diverse sectorsExperienced Board of Directors and management with extensive domain knowledge
Objects of the Issue
ArMee Infotech Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Expansion of business by procuring new Government/PSU projects.
155.00
2
Funding working capital requirements
60.00
3
Prepayment or repayment of certain outstanding borrowings availed by the Company.
6.50
4
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,37,31,386 shares
Post-IPO Promoter Holding
3,17,31,386 shares
Lock-in Period (30%)Wed, Oct 28, 2026
Lock-in Period (50%)Sun, Dec 27, 2026