GMP IPO Watch
ArMee Infotech IPO
ArMee Infotech IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
ArMee Infotech IPO Details
Key facts at a glance| IPO Open Date | 22 September 2026 | IPO Close Date | 24 September 2026 |
|---|---|---|---|
| Basis of Allotment | 27 September 2026 | Listing Date | 29 September 2026 |
| Price Band | ₹350 - ₹375 per share | Face Value | ₹10 per share |
| Market Lot Size | 40 Shares | Min Investment (Retail) | ₹15,000 |
| Total Issue Size | ₹300 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹300 Cr | Offer for Sale (OFS) | — |
| Listing At | BSE, NSE | Issue Category | Mainboard Issue |
| Registrar | Cameo Corporate Services Ltd. | ||
ArMee Infotech IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 22 September 2026 | Confirmed |
| IPO Close Date | 24 September 2026 | Confirmed |
| Basis of Allotment | 27 September 2026 | Tentative |
| Initiation of Refunds | 29 September 2026 | Tentative |
| Credit of Shares to Demat | 29 September 2026 | Tentative |
| IPO Listing Date | 29 September 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 25 September 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
ArMee Infotech IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 40 Shares | ₹15,000 |
| Retail (Max) | 13 Lots | 520 Shares | ₹1,95,000 |
| S-HNI (Min) | 14 Lots | 560 Shares | ₹2,10,000 |
| S-HNI (Max) | 66 Lots | 2,640 Shares | ₹9,90,000 |
| B-HNI (Min) | 67 Lots | 2,680 Shares | ₹10,05,000 |
ArMee Infotech IPO Live GMP & Movement History
Daily unofficial grey market trends₹6 +1.6%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 30 Sept 2026 | ₹6 | ₹381.00 | +1.60% |
| 29 Sept 2026 | ₹6 | ₹381.00 | +1.60% |
| 28 Sept 2026 | ₹8 | ₹383.00 | +2.13% |
| 26 Sept 2026 | ₹8 | ₹383.00 | +2.13% |
| 25 Sept 2026 | ₹20 | ₹395.00 | +5.33% |
| 24 Sept 2026 | ₹55 | ₹430.00 | +14.67% |
| 23 Sept 2026 | ₹46 | ₹421.00 | +12.27% |
| 22 Sept 2026 | ₹12 | ₹387.00 | +3.20% |
| 21 Sept 2026 | ₹1 | ₹376.00 | 0.27% |
ArMee Infotech IPO Subscription Status
Demand breakdown by investor categoryArMee Infotech Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 | 673.50 Cr. | 1,023.99 Cr. | 960.21 Cr. | 50.13 Cr. |
| 2025 | 828.54 Cr. | 1,315.78 Cr. | 1.262.59 Cr. | 41.67 Cr. |
| 2026 | 958.87 Cr. | 1,410.09 Cr. | 1.349.10 Cr. | 45.47 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
ArMee Infotech IPO Valuation & KPIs
Key metrics pre-issueArMee Infotech Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| Dynacons Systems & Solutions Limited | 16.41 | 66.64 | 26.90% | 247.54 | 1,424.28 Cr. |
| Orient Technologies Limited | 243.15 | 1.00 | 1.36% | 73.44 | 869.55 Cr. |
| KPI Green Energy Limited | 12.77 | 24.13 | 16.14% | 159.86 | 2,695.91 Cr. |
| Oriana Power Limited (SME Board) | 9.62 | 124.19 | 32.72% | 379.55 | 1,813.67 Cr. |
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.
ArMee Infotech IPO Reservation & Share Quotas
The ArMee Infotech IPO reservation details show the proposed allocation of shares across qualified institutional buyers, non-institutional investors and retail investors. The category-wise reservation is presented below for easy reference.
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 25% |
| NII Shares Offered | – Shares | 22.50% |
| Retail Shares Offered | – Shares | 52.50% |
ArMee Infotech IPO Anchor Investors
ArMee Infotech IPO anchor investor bidding is scheduled ahead of the public subscription period. The anchor investor details include the bidding date, shares offered, anchor issue size and the applicable lock-in timelines.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 22, 2026 |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date – 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date – 50% Shares (90 Days) | 2026 |
ArMee Infotech IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 23 Sept 2026 |
| IPO Close Date | 25 Sept 2026 |
| Basis of Allotment | 28 Sept 2026 |
| Refunds | 29 Sept 2026 |
| Credit to Demat Account | 29 Sept 2026 |
| IPO Listing Date | 30 Sept 2026 |
Note: The timeline for आर्मी इन्फोटेक IPO is tentative and subject to change.
ArMee Infotech Promoters and Shareholding Pattern
ArMee Infotech is promoted by Sandeep Aggarwal, Nikunj Aggarwal and Esha Gupta. The shareholding pattern below presents the ownership held by the promoter and promoter group as well as other shareholders before and after the IPO.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 2,20,04,214 | 92.72% | 22,004,214 | 6.80% |
| Others* | 17,27,172 | 7.28% | 301,727,172 | 93.20% |
| Total | 2,37,31,386 | 100% | 323,731,386 | 100% |
ArMee Infotech Objects of the Issue & Utilisation of Proceeds
| Purpose | 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%) |
Note: Objectives are as specified in the DRHP/RHP documents of आर्मी इन्फोटेक.
ArMee Infotech About the IPO
ArMee Infotech Limited (AIL), incorporated in 2003, is an IT infrastructure solutions provider that offers complete technology solutions across sectors including government, corporates, banking, financial services and insurance (BFSI), and education. In addition to IT solutions, the firm is also involved in retail sales and renewable energy. Its services include IT infrastructure, providing IT hardware and software, along with installation, integration, maintenance, and related support services.
They also provide IT Managed services, Retail Sales, and Renweable energy solutions. As of June 30, 2026, ArMee Infotech has completed 99 ongoing projects, in which 65 are IT Infrastructure, 21 are IT Managed Services, 10 are Renewable Energy EPC, 1 is Renewable Energy PPA, and 2 are for Renewable Energy BESS. All of its projects are operated in the states of Gujarat, Maharashtra, Bihar, Andhra Pradesh, Uttar Pradesh, Madhya Pradesh, Telangana, Tamil Nadu, Uttarakhand, New Delhi, and Rajasthan.
ArMee Infotech Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 1,023.99 Cr. | 960.21 Cr. | 50.13 Cr. | 673.50 Cr. |
| 2025 | 1,315.78 Cr. | 1.262.59 Cr. | 41.67 Cr. | 828.54 Cr. |
| 2026 | 1,410.09 Cr. | 1.349.10 Cr. | 45.47 Cr. | 958.87 Cr. |
Note: Financial numbers for आर्मी इन्फोटेक are in ₹ Crores unless stated otherwise.
ArMee Infotech Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 28.52% |
| ROCE | 24.10% |
| EBITDA Margin | 5.42% |
| PAT Margin | 3.26% |
| Debt to Equity Ratio | 0.96 |
| Earning Per Share (EPS) | 19.16 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 24.96% |
| Net Asset Value (NAV) | 76.77 |
Note: Valuation KPIs for आर्मी इन्फोटेक are computed for FY2026.
ArMee Infotech Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Dynacons Systems & Solutions Limited | 66.64 | 16.41 | 26.90% | 247.54 | 1,424.28 Cr. |
| Orient Technologies Limited | 1.00 | 243.15 | 1.36% | 73.44 | 869.55 Cr. |
| KPI Green Energy Limited | 24.13 | 12.77 | 16.14% | 159.86 | 2,695.91 Cr. |
| Oriana Power Limited (SME Board) | 124.19 | 9.62 | 32.72% | 379.55 | 1,813.67 Cr. |
Note: Peer group comparisons for आर्मी इन्फोटेक are sourced from DRHP filings.
ArMee Infotech IPO FAQs
ArMee Infotech IPO opens for subscription on 22 September 2026 and closes on 24 September 2026.
The price band for ArMee Infotech IPO is set at ₹350.00 to ₹375.00 per share.
The minimum market lot size is 40 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 40 Shares (₹15,000).
The latest Grey Market Premium (GMP) for ArMee Infotech IPO is ₹6. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for ArMee Infotech IPO is tentatively scheduled for 27 September 2026, and shares are expected to list on the stock exchanges on 29 September 2026.
Cameo Corporate Services Ltd. is the official registrar for ArMee Infotech IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.