ArMee Infotech IPO
ArMee Infotech IPO is a book built issue of ₹74,30,356 crores. The issue is entirely a fresh issue. The subscription opens on 23 Sep '26 and closes on 25 Sep '26, with the basis of allotment expected to be finalised on 28 Sep '26. The shares are scheduled to list on NSE with a tentative listing date fixed for 30 Sep '26. The price band is set at ₹350 to ₹375 per share with a minimum lot size of 40 shares. Khandwala Securities Ltd. and Saffron Capital Advisors Pvt.Ltd. are the book-running lead managers, while Cameo Corporate Services Ltd. is the registrar of the issue; for detailed information, refer directly to the official ArMee Infotech IPO RHP.
Free Demat with Zero AMC*
ArMee Infotech IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 25% | 18,57,589 crores |
| Non-Institutional Investors (NIIs) | 22.5% | 16,71,830.1 crores |
| Retail Individual Investors (RIIs) | 52.5% | 39,00,936.9 crores |
About ArMee Infotech Ltd IPO
ArMee Infotech IPO is a mainboard book-built issue comprising a fresh issue of up to ?300 crore. The Equity Shares are proposed to be listed on the BSE and NSE, with Khandwala Securities Limited and Saffron Capital Advisors Private Limited acting as the Book Running Lead Managers and Cameo Corporate Services Limited as the Registrar to the Issue.
The Company is promoted by Ami Ridhish Patel, Kiritkumar Chimanbhai Patel and Ridhish Kiritbhai Patel.
The proceeds from the fresh issue are proposed to be utilised towards expansion of the business by procuring new Government/PSU projects, funding working capital requirements, repayment or prepayment of certain borrowings and general corporate purposes.
About ArMee Infotech Limited
Established in 2003, ArMee Infotech Limited is an IT infrastructure and IT managed services company headquartered in Ahmedabad, Gujarat. The Company serves Government/PSU and private-sector clients, with a significant portion of its revenues derived from Government and PSU projects.
Its business operates across IT Infrastructure, IT Managed Services and Renewable Energy. In IT Infrastructure, the Company supplies, installs and integrates hardware and software, while its managed services include technical manpower, skill development training and annual maintenance services.
The Company has also expanded into Renewable Energy, undertaking solar EPC projects, solar power projects under Power Purchase Agreements (PPAs), and Battery Energy Storage System (BESS) projects. As of June 30, 2026, the Company had 10 ongoing Renewable Energy EPC projects, one PPA project and two BESS projects.
As of June 30, 2026, the Company had 99 ongoing projects, comprising 65 IT Infrastructure projects, 21 IT Managed Services projects and 13 Renewable Energy projects. Of these, 74 projects were located in Gujarat, with the remaining projects spread across Maharashtra, Bihar, Andhra Pradesh, Uttar Pradesh, Madhya Pradesh, Rajasthan, Telangana, Tamil Nadu, Uttarakhand and New Delhi.
The Company also operates two Experience Zones in Ahmedabad, providing retail sales of IT, consumer electronics, gaming and merchandise products.
As of June 30, 2026, ArMee Infotech had 263 employees, including 219 skilled and semi-skilled technical personnel, along with 1,648 contractual employees engaged through third-party service providers based on project requirements.
ArMee Infotech IPO Strengths & Weaknesses
Strong track record in Government/PSU projects across multiple states and government schemes, with 74 of its 99 ongoing projects located in Gujarat.
The Company has demonstrated sustained growth in revenue and profitability across recent financial years.
The Company serves clients across sectors including education, healthcare, public distribution, rural and urban development, and science & technology, while also expanding into renewable energy and retail Experience Zones.
The Promoters and senior management have significant industry experience and domain expertise, supported by qualified personnel across various functions.
ArMee Infotech IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 74,30,356 shares (aggregating up to ₹15,000 crores) |
| Fresh Issue | 3,00,00,000 shares (aggregating up to ₹30,00,00,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
ArMee Infotech IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of ArMee Infotech ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for ArMee Infotech IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
ArMee Infotech IPO Contact & Registrar Details
Contact Details
Address
ArMee House, 17, Goyal Intercity, Goyal Intercity Row House Thaltej Thaltej Road, Ahmedabad
Phone Number
Registrar Details
Registrar Name
Cameo Corporate Services Ltd.
Phone Number
Website
ArMee Infotech Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Khandwala Securities Ltd. | Saffron Capital Advisors Pvt.Ltd. |
