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IPO Open

Wed, Sep 23, 2026

IPO Close

Fri, Sep 25, 2026

Price Band

To be declared

Market Cap

To be declared

IPO Details

  • IPO Date
    23 to 25 Sep, 2026
  • Listing Date
    Wed, Sep 30, 2026
  • Face Value
    ₹10 per share
  • Price Band
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Total Issue Size
    3,00,00,00,000 shares (agg. up to ₹[.] Cr)
  • Fresh Issue
    3,00,00,00,000 shares (agg. up to ₹[.] Cr)
  • Share Holding Pre Issue
    2,37,31,386 shares
  • Share Holding Post Issue
    3,02,37,31,386 shares

IPO Timetable (Tentative)

  • IPO Open
    Wed, Sep 23, 2026
  • Allotment
    Tue, Sep 29, 2026
  • Credit of Shares
    Tue, Sep 29, 2026
  • IPO Close
    Fri, Sep 25, 2026
  • Refund
    Tue, Sep 29, 2026
  • Listing
    Wed, Sep 30, 2026

Issue Reservation

Investor Category Shares
QIB Not more than 25% of the Net Issue
Retail Not less than 52.50% of the Net Issu
NII Not less than 22.50% of the Net Issue

About ArMee Infotech Ltd.

Founded in 2003 and headquartered in Ahmedabad, Gujarat, ArMee Infotech Limited (AIL) is an IT infrastructure solutions and managed services company. As part of the ArMee Group, the company provides end-to-end technology solutions across sectors including government, corporates, banking, financial services and insurance (BFSI), and education. The company has also diversified into retail sales and renewable energy, expanding its business beyond its core IT services.

Services

  • IT Infrastructure: Provides IT hardware and software, along with installation, integration, maintenance, and related support services.
  • IT Managed Services: Offers technical manpower, skill development and training, and annual maintenance services.
  • Retail Sales: Operates Experience Zones focused on IT products, consumer electronics, gaming, and related merchandise.
  • Renewable Energy: Undertakes solar engineering, procurement and construction (EPC) projects and develops solar power projects under Power Purchase Agreements (PPAs), along with Battery Energy Storage System (BESS) projects.

As on June 30, 2026, The company have 99 Ongoing Projects out of which 65 are under IT Infrastructure category, 21 are under IT managed services category, 10 are under the Renewable Energy EPC and 1 is for Renewable Energy PPA and 2 are for Renewable Energy BESS.

As of June 30, 2026, out of their 99 Ongoing Projects, 74 projects are based in the state of Gujarat, 11 in Maharashtra, 2 each in Bihar, Andhra Pradesh, Uttar Pradesh, Madhya Pradesh and Rajasthan and 1 each is based in Telangana, Tamil Nadu, Uttarakhand, and New Delhi.

As of June 30, 2026, they have 263 employees, out of which 219 are skilled and semi-skilled technical manpower engaged in the implementation and management of the various projects. In addition, as of June 30, 2026, they have engaged 1,648 employees on contractual basis.

Competitive Strengths:

  • Proven track record in executing projects for Government / PSU clients
  • Consistent track record of financial performance
  • Ability to service clients and projects across diverse sectors
  • Experienced Board of Directors and management with extensive domain knowledge

Company Financials (Restated Consolidated)

ArMee Infotech Ltd.’s revenue increased by 7% and profit after tax (PAT) rose by 9% between the financial year ending with March 31, 2026 and March 31, 2025.    (Amount in ₹ Crore)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 958.87 828.54 673.50
Total Income 1,410.09 1,315.78 1,023.99
Profit After Tax 45.47 41.67 50.13
EBITDA 75.64 58.64 71.58
NET Worth 182.18 136.67 95.18
Total Borrowing 174.36 48.10 27.26

Recently Listed IPOs in Computers Hardware & Equipments

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Marushika Technology Ltd. SME ₹26.97 Cr ₹117 11.6 ₹114.00 -2.56% ₹119.65
EPW India Ltd. SME ₹31.81 Cr ₹97 18.36 ₹116.55 +20.15% ₹230.15

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Expansion of business by procuring new Government/PSU projects.
    155.00
  • 2 Funding working capital requirements
    60.00
  • 3 Prepayment or repayment of certain outstanding borrowings availed by the Company.
    6.50
  • 4 General Corporate Purposes
  • Total
    221.00

Key Performance Indicator (KPI)

Key Performance Indicator (KPI)

KPI Mar 31, 2026
ROE 28.52%
ROCE 24.10%
Debt/Equity 0.96
RoNW 24.96%
PAT Margin 3.26%
EBITDA Margin 5.42%
NAV 76.77

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 211.24

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 92.72%
Public 7.28%
Total 100%

Company Promoters: Ami Ridhish Patel, Kiritkumar Chimanbhai Patel and Ridhish Kiritbhai Patel.

ArMee Infotech IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 0 0 0 0
Members 0 0 0 0

A-One Steels IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 0 0 0 0
Members 0 0 0 0

IPO Registrar

Cameo Corporate Services Ltd.

  • 044-28460390/28460391/28460392
  • ArMee@cameoindia.com
  • Visit Website

IPO Lead Manager(s)

  1. Khandwala Securities Ltd.
  2. Saffron Capital Advisors Pvt.Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

ArMee Infotech Ltd. Address
ArMee House, 17, Goyal Intercity,
Goyal Intercity Row
House Thaltej Thaltej Road,
Ahmedabad, Gujarat, 380054

IPO FAQs

ArMee Infotech IPO is a main-board IPO of 3,00,00,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The IPO opens on Wed, Sep 23, 2026, and closes on Fri, Sep 25, 2026.

Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in ArMee Infotech IPO using UPI as a payment gateway. Angel One customers can apply in ArMee Infotech IPO by login into Angel OneConsole (back office) and submitting an IPO application form.

Steps to apply in ArMee Infotech IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘ArMee Infotech IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The ArMee Infotech IPO opens on Wed, Sep 23, 2026 and closes on Fri, Sep 25, 2026.

ArMee Infotech IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in ArMee Infotech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for ArMee Infotech IPO will be done on Monday, September 28, 2026, and the allotted shares will be credited to your demat account by Tue, Sep 29, 2026. Check the ArMee Infotech IPO allotment status.

The ArMee Infotech IPO listing date is not yet announced. The tentative date of listing is Wed, Sep 30, 2026.

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