ArMee Infotech IPO

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ArMee Infotech IPO details

23rd – 25th Sep 2026
30 Sep 2026
₹350 – ₹375
Lot size 40 — ₹15000
300cr

Schedule of ArMee Infotech

Issue open date 23 Sep 2026
Issue close date 25 Sep 2026
UPI mandate deadline 25 Sep 2026 (5 PM)
Allotment finalization 28 Sep 2026
Refund initiation 29 Sep 2026
Share credit 29 Sep 2026
Listing date 30 Sep 2026
Mandate end date 10 Oct 2026
Lock-in end date for anchor investors (50%) 27 Oct 2026
Lock-in end date for anchor investors (remaining) 26 Dec 2026

Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.

About ArMee Infotech

ArMee Infotech is an Indian IT services and systems integration company. It provides hardware supply, installation, and managed IT services (like technical support and maintenance) to government and private clients. Seeking new growth, the company has also expanded into the renewable energy sector through solar EPC contracts and power purchase agreements. Most of its business is secured through direct orders and competitive government bidding.


Financials of ArMee Infotech


Issue size

Funds Raised in the IPO Amount (₹ crores)
Total issue size 300
Fresh Issue – Proceeds go to the company 300

Utilisation of Proceeds

Purpose INR crores (%)
Expansion of business by procuring new Government/PSU projects
155 (51.67%)
Funding working capital requirements 60 (20%)
Repayment / Prepayment of Borrowings 6.5 (2.17%)
General Corporate Purposes 78.5 (26.16%)

Strengths

  • Established track record in delivering multi-location IT infrastructure projects.
  • Geographically diversified presence across 14 Indian states.
  • Expansion into high-growth segments like solar EPC, PPAs, and BESS.
  • Experienced management team with over two decades of industry experience.
  • Long-standing vendor relationships with major technology partners and OEMs.

Risks

  • Business operations are heavily concentrated in Gujarat, Maharashtra, and Tamil Nadu.
  • High revenue dependence on government and public sector undertaking clients.
  • Heavy reliance on top technology partners for raw materials and hardware supply.
  • Declining success rate in competitive government tender bids over recent fiscal years.
  • Promoters and management have limited prior experience in executing renewable energy projects.

Allotment Status for ArMee Infotech

To check your IPO allotment status:

  • Visit the Cameo Corporate Services IPO Application Status page.
  • Select the company name from the dropdown menu.
  • Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
  • Click Submit to view your allotment status.

Subscription Figures for ArMee Infotech

Grey Market Premium (GMP) is an unofficial and unregulated metric that may not accurately reflect investor interest. Instead, investors should refer to the IPO subscription data published by the stock exchanges, which is a more reliable indicator of demand.

Subscription numbers as of 05:00 PM on September 25, 2026:

Category Reserved (lakhs) Applied (lakhs) Subscription (X times)
Institutional 10.02 29.96 2.99x
NII 19.29 40.36 2.09x
Retail 45 111.24 2.47x
Total 74.30 181.56 2.44x