ArMee Infotech IPO Price: ₹350 to ₹375 per share
IPO Dates: 23 to 25 Sept, 2026
Company Overview
Founded in 2003 and headquartered in Ahmedabad, Gujarat, ArMee Infotech Limited (AIL) is an IT infrastructure solutions and managed services company and 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. It has also diversified into retail sales and renewable energy, expanding its business beyond its core IT services.
Business Operations
The Company operates across IT infrastructure, IT managed services, retail sales and renewable energy.
IT Infrastructure
The Company provides IT hardware and software, along with installation, integration, maintenance and related support services.
IT Managed Services
The Company offers technical manpower, skill development and training, and annual maintenance services.
Retail Sales
The Company operates Experience Zones focused on IT products, consumer electronics, gaming and related merchandise.
Renewable Energy
The Company 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.
Project Portfolio
As of June 30, 2026, the Company had 99 ongoing projects, comprising 65 projects under IT Infrastructure, 21 under IT Managed Services, 10 under Renewable Energy EPC, 1 under Renewable Energy PPA and 2 under Renewable Energy BESS.
Geographical Presence
As of June 30, 2026, out of the Company’s 99 ongoing projects, 74 were based in Gujarat, 11 in Maharashtra, 2 each in Bihar, Andhra Pradesh, Uttar Pradesh, Madhya Pradesh and Rajasthan, and 1 each in Telangana, Tamil Nadu, Uttarakhand and New Delhi.
Workforce
As of June 30, 2026, the Company had 263 employees, of which 219 were skilled and semi-skilled technical manpower engaged in the implementation and management of various projects. In addition, the Company had engaged 1,648 employees on a contractual basis as of June 30, 2026.
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
Bidding Starts In
ArMee Infotech Limited IPO Specifics:
| IPO Date | 23 to 25 Sep, 2026 |
| Listing Date | Wed, Sep 30, 2026T |
| Face Value | ₹10 per share |
| Price Band | ₹350 to ₹375 |
| Lot Size | 40 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 80,00,000 shares (agg. up to ₹300 Cr) |
| Fresh Issue | 80,00,000 shares (agg. up to ₹300 Cr) |
| Share Holding Pre Issue | 2,37,31,386 shares |
| Share Holding Post Issue | 3,17,31,386 shares |
ArMee Infotech IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Wed, Sep 23, 2026 |
| IPO Close | Fri, Sep 25, 2026 |
| Allotment | Mon, Sep 28, 2026 |
| Refund | Tue, Sep 29, 2026 |
| Credit of Shares | Tue, Sep 29, 2026 |
| Listing | Wed, Sep 30, 2026 |
ArMee Infotech Limited IPO Lot Size
Bidders have the opportunity to bid for a minimum of 40 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹15,000 |
| Retail (Max) | 13 | 520 | ₹1,95,000 |
| S-HNI (Min) | 14 | 560 | ₹2,10,000 |
| S-HNI (Max) | 66 | 2640 | ₹9,90,000 |
| B-HNI (Min) | 67 | 2680 | ₹10,05,000 |
ArMee Infotech Limited IPO Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 25% of the Net Issue |
| Retail | Not less than 52.50% of the Net Issue |
| NII | Not less than 22.50% of the Net Issue |
ArMee Infotech Limited IPO Financial Information
| Particulars (₹ Cr) | 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 |
Key Performance Indicator- ArMee Infotech Limited IPO
| 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 |
| Price to Book Value | 4.88 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 19.16 | 14.33 |
| P/E (x) | 19.57 | 26.17 |
| Market Cap at Offer Price | ₹889.93 Cr. | ₹1,189.93 Cr. |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
ArMee Infotech Limited IPO DRHP
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