ArMee Infotech

ArMee Infotech

LISTED

IPO Date: 23 Sept - 25 Sept 2026

Listing Date: 30 Sept 2026

Price Range

Rs.350 - Rs.375

Issue Size

300 Cr

Min Investment

₹14,000

Min Application

40 Shares

View IPO Document

Schedule of ArMee Infotech

  1. Issue open date

    23 Sept 2026

  2. Issue close date

    25 Sept 2026

  3. UPI mandate deadline

    25 Sept 2026 (5 PM)

  4. Allotment finalization

    28 Sept 2026

  5. Share credit

    29 Sept 2026

  6. Listing date

    30 Sept 2026

  7. Mandate end date

    10 Oct 2026

Issue size

Funds Raised in the IPOAmount
Overall300 Cr
Fresh Issue300 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date28 Sept 2026
Allotment Link{Link}

Grey Market Premium

New

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIPO PriceGMPEst. Listing Price
30 Sept 2026Latest₹375₹6₹381(+1.6%)
29 Sept 2026₹375₹6₹381(+1.6%)
28 Sept 2026₹375₹6₹381(+1.6%)
27 Sept 2026₹375₹8₹383(+2.13%)
26 Sept 2026₹375₹8₹383(+2.13%)
25 Sept 2026₹375₹8₹383(+2.13%)
24 Sept 2026₹375₹20₹395(+5.33%)
23 Sept 2026₹375₹51₹426(+13.6%)
22 Sept 2026₹375₹46₹421(+12.27%)
21 Sept 2026₹375₹12₹387(+3.2%)
20 Sept 2026₹375₹1₹376(+0.27%)
19 Sept 2026₹375₹1₹376(+0.27%)

Performance ArMee Infotech

Issue PriceListing GainCurrent Market PriceP/L
Rs.350 - Rs.375₹ 373 (-0.5%) ₹ 278.95-25.61%

About ArMee Infotech

ArMee Infotech is an IT infrastructure and IT managed services company that also operates in retail sales and renewable energy. Its IT infrastructure business provides hardware and software, including computers, servers, interactive panels and peripherals, along with installation, integration, maintenance and functional training services. The company undertakes projects such as setting up ICT labs and smart classes, installing digital infrastructure for public distribution systems, and supplying and installing IT hardware for government entities. In the retail segment, ArMee operates Experience Zones that sell IT products, consumer electronics, gaming products and merchandise. In renewable energy, the company undertakes engineering, procurement and construction (EPC) of solar power projects, develops solar power projects under power purchase agreements (PPAs), and works on Battery Energy Storage Systems (BESS). ArMee is headquartered in Ahmedabad, Gujarat, and serves government and public sector undertakings (PSUs), as well as private sector clients across various industries. Most of its revenue comes from government and PSU projects.

Founded in2011
Managing directorMr Ridhish K. Patel
Parent organization

Financial Overview

Strengths

5
  1. 1

    Established track record in delivering multi-location IT infrastructure projects.

  2. 2

    Geographically diversified presence across 14 Indian states.

  3. 3

    Expansion into high-growth segments like solar EPC, PPAs, and BESS.

  4. 4

    Experienced management team with over two decades of industry experience.

  5. 5

    Long-standing vendor relationships with major technology partners and OEMs.

Risks

5
  1. 1

    Business operations are heavily concentrated in Gujarat, Maharashtra, and Tamil Nadu.

  2. 2

    High revenue dependence on government and public sector undertaking clients.

  3. 3

    Heavy reliance on top technology partners for raw materials and hardware supply.

  4. 4

    Declining success rate in competitive government tender bids over recent fiscal years.

  5. 5

    Promoters and management have limited prior experience in executing renewable energy projects.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)3.2
Non-Institutional Investors (NIIs)2.24
Retail Individual Investors (RIIs)2.65
EmployeeN/A
Total2.27