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 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
ArMee Infotech IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 25% | 75,00,00,000 crores |
| Non-Institutional Investors (NIIs) | 22.5% | 67,50,00,000 crores |
| Retail Individual Investors (RIIs) | 52.5% | 1,57,50,00,000 crores |
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.
Over 86% of revenue in FY2026 came from projects in Gujarat, Maharashtra and Tamil Nadu, exposing the Company to regional concentration risks.
Over 83.84% of FY2026 revenue came from Government/PSU clients or projects with Government/PSU end users. Any decline in orders could adversely affect the business.
Dependence on suppliers for components used in renewable energy projects may expose the Company to additional costs if suppliers fail to meet warranty obligations.
The top three partners accounted for 65.84% of purchases as of March 31, 2026. Any supply disruption of their hardware and software could impact project execution.
ArMee Infotech IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 28 Sep '26 | 30 Sep '26 | 29 Sep '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 3,00,00,00,000 shares (aggregating up to To be announced) |
| 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 Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
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. |
