
Information 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
+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: 25 Sept 2026
Current Premium
Issue Price (Upper)
₹375
Band: ₹350 – ₹375
Estimated Listing Price
₹383
Upper price + GMP
Lot Size
40 shares
Min investment ₹15,000
Estimated Profit / Lot
₹320
40 × ₹8
Grey Market Premium trend
+₹8
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹8 | 2.1% | ₹383 |
| 26 Sep 2026 | +₹8 | 2.1% | ₹383 |
| 25 Sep 2026 | +₹7 | 1.9% | ₹382 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for ArMee Infotech Limited IPO is ₹8, which indicates an expected listing price of ₹383.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.