ArMee Infotech Limited
ClosedMainboardInformation Technology · NSE / BSE
ArMee Infotech Limited (AIL), founded in 2003 and based in Ahmedabad, is an IT infrastructure solutions and managed services company offering end-to-end IT services across sectors like government, corporate, BFSI, and education; as part of the ArMee Group, it operates in key areas such as IT infrastructure (including hardware, software, installation, and maintenance), IT managed services (technical manpower, training, and AMC services), retail sales through experience zones for electronics and gaming, and renewable energy through solar EPC projects and power purchase agreements. As of September 30, 2024, the company had 20 ongoing projects and 183 completed projects under warranty, with a strong presence mainly in Gujarat along with operations in Maharashtra and other states, and a workforce of 1,772 employees.
Price Band
₹350 – ₹375
Issue Size
₹800.00 L Cr
Lot Size
40 shares
GMP
₹8
+2.1%
Est. Listing
₹383
at current GMP
Subscribed
2.62x
overall
Open
23 Sep 2026
Close
25 Sep 2026
Allotment
28 Sep 2026
Refund
29 Sep 2026
Demat Credit
30 Sep 2026
Listing
30 Sep 2026
Last updated 2 days ago
Overall Subscription
2.62x
Total Demand
QIB Multiplier
3.20x
Institutions & Funds
NII / HNI
2.24x
High Net-Worth
Retail (RII)
2.65x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 935,000 | 2,996,200 | 3.20x |
| NIB | 1,800,000 | 4,035,640 | 2.24x |
| HNIs(10L +) | 1,200,000 | 1,790,800 | 1.49x |
| HNIs (2-10L) | 600,000 | 2,244,840 | 3.74x |
| RETAIL | 4,200,000 | 11,123,720 | 2.65x |
| Total | 8,735,000 | 22,191,200 | 2.62x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 105,000 | 244,296 | 2.33x |
| HNIs(10L +) | 2,143 | 504 | 0.24x |
| HNIs (2-10L) | 1,071 | 3,777 | 3.53x |
| Total Applications | 108,214 | 248,577 | 2.30x |
Day-Wise Subscription Progress
About ArMee Infotech Limited Public Issue & Market Profile
ArMee Infotech Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹80,00,000 Crores. The shares are offered at a price band of ₹350 to ₹375 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2026-09-25, the basis of allotment is scheduled to be finalized on 2026-09-28. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is the issue size and price band for ArMee Infotech Limited IPO?
The ArMee Infotech Limited IPO aggregate issue size is ₹80,00,000 Crores with an equity price band set at ₹350 to ₹375 per equity share. The retail lot size is 40 shares requiring a minimum capital outlay of approx. ₹15,000.
How can I check ArMee Infotech Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will ArMee Infotech Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2026-09-28.