Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of ArMee Infotech Ltd. on February 6, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
ArMee Infotech Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. Khandwala Securities Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to ArMee Infotech IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Mar 4, 2025 |
| SEBI/Exchange approval received | Fri, Feb 6, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issu |
| NII Shares Offered | Not less than 15% of the Net Issue |
ArMee Infotech Limited (AIL), founded in 2003, is an IT infrastructure solutions and managed services company based in Ahmedabad, Gujarat. As part of the ArMee Group, the company provides end-to-end IT solutions across various sectors, including government, corporate, banking, financial services, insurance (BFSI), and education.
Key Business Areas:
As of September 30, 2024, the company had 20 ongoing projects, with 11 under the IT infrastructure category and 9 under IT managed services. Additionally, there were 183 projects where contractual obligations for execution and full payment were completed, but the warranty period was still active.
Among the 20 ongoing projects, 13 were located in Gujarat, four in Maharashtra, and one each in Madhya Pradesh, Uttarakhand, and Bihar. Gujarat contributed 39.72% of the company's revenue from operations as of September 30, 2024.
As of the same date, ArMee Infotech Limited had a workforce of 1,772 employees.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 |
|---|---|---|
| Assets | 490.97 | 673.50 |
| Total Income | 604.90 | 1,023.99 |
| Profit After Tax | 18.21 | 50.13 |
| NET Worth | 113.39 | 95.18 |
| Total Borrowing | 34.81 | 27.26 |
| Amount in ₹ Crore | ||
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 our working capital requirements. | 60.00 |
| 3 | Prepayment or repayment of certain outstanding borrowings availed by the Company. | 8.99 |
| 4 | General corporate purposes. |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 70.67% |
| ROCE | 57.55% |
| Debt/Equity | 0.29 |
| RoNW | 52.67% |
| PAT Margin | 4.91% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 211.24 | |
| Promoter Holding | 92.72% |
Lead Manager Reports
ArMee Infotech IPO is a main-board IPO of 0 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 ArMee Infotech IPO open and close dates are not available as of now.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in ArMee Infotech IPO using UPI as a payment gateway. Zerodha customers can apply in ArMee Infotech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in ArMee Infotech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The ArMee Infotech IPO dates are not announced. Please check back again after some time.
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 Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for ArMee Infotech IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the ArMee Infotech IPO allotment status.
The ArMee Infotech IPO listing date is not yet announced. The tentative date of listing is .
