ArMee Infotech IPO Profile
ArMee Infotech IPO is a Mainboard IPO of ArMee Infotech Limited. The public issue is a book-built issue of up to ₹300 crore comprising entirely of a fresh issue of up to 80 lakh equity shares. There is no Offer for Sale (OFS) component.
ArMee Infotech is an IT infrastructure solutions and managed services company with a strong presence in Government and PSU projects. The company has also expanded into renewable energy, including solar EPC, solar projects and battery energy storage systems.
ArMee Infotech IPO Details
| IPO Open Date | 23 September 2026 |
| IPO Close Date | 25 September 2026 |
| IPO Listing Date | 30 September 2026 |
| Face Value | ₹10 per Equity Share |
| Price Band | ₹350 to ₹375 per Share |
| Lot Size | 40 Shares |
| Minimum Investment | ₹15,000 |
| Issue Size | ₹300 Crore |
| Fresh Issue | 80,00,000 Equity Shares |
| Offer for Sale | Nil |
| Issue Type | Book Built Issue |
| Listing At | BSE & NSE |
| Registrar | Cameo Corporate Services Limited |
| Lead Managers | Khandwala Securities Limited & Saffron Capital Advisors Private Limited |
ArMee Infotech IPO Lot Size
| 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 |
| B-HNI (Min) | 67 | 2,680 | ₹10,05,000 |
ArMee Infotech Company Profile
ArMee Infotech Limited was established in 2003 and is headquartered in Ahmedabad, Gujarat. The company provides IT infrastructure solutions, IT managed services and technical manpower services, with a significant focus on Government and PSU customers.
Its business portfolio includes IT infrastructure, managed services, renewable energy projects, solar EPC, power purchase agreements (PPA) and battery energy storage systems (BESS). The company also operates in retail sales.
As of 30 June 2026, the company had 99 ongoing projects. Its disclosed order book was approximately ₹2,663.44 crore, providing project visibility, although a large portion of the order book was related to renewable energy projects.
ArMee Infotech IPO Objectives
- ₹155 crore for expansion by procuring new Government and PSU projects.
- ₹60 crore for funding working capital requirements.
- ₹6.50 crore for prepayment or repayment of certain borrowings.
- Remaining proceeds towards general corporate purposes.
ArMee Infotech Financials
| Particulars (₹ Cr) | FY24 | FY25 | FY26 |
|---|---|---|---|
| Total Income | 1,023.99 | 1,315.78 | 1,410.09 |
| EBITDA | 71.58 | 58.64 | 75.64 |
| Profit After Tax | 50.13 | 41.67 | 45.47 |
| Net Worth | 95.18 | 136.67 | 182.18 |
| Total Borrowings | 27.26 | 48.10 | 174.36 |
Source:chittorgarh.com
ArMee Infotech IPO Key Ratios
| ROE (FY26) | 28.52% |
| ROCE (FY26) | 24.10% |
| RoNW (FY26) | 24.96% |
| Debt / Equity | 0.96x |
| PAT Margin | 3.26% |
| EBITDA Margin | 5.42% |
ArMee Infotech IPO Strengths
- Proven track record in executing projects for Government and PSU clients.
- Established presence in IT infrastructure and managed services.
- Large disclosed order book providing project visibility.
- Ability to serve clients across diverse sectors.
- Expansion into renewable energy, solar EPC and BESS projects.
- Experienced Board of Directors and management with domain knowledge.
- IPO is entirely a fresh issue, with proceeds intended for business expansion, working capital and debt repayment.
ArMee Infotech IPO Risks
- More than 83.84% of FY26 revenue was recognised from Government/PSU clients, creating customer concentration risk.
- More than 86% of revenue was recognised from projects executed in Gujarat, Maharashtra and Tamil Nadu as of 31 March 2026.
- The company's bid success rate declined from 30.91% in FY24 to 24.57% in FY25 and 19.48% in FY26.
- The company may face delays in collecting receivables from Government and PSU customers.
- Renewable energy represents a large portion of the current order book, while the company has a shorter operating history in this business.
- Borrowings increased significantly from ₹48.10 crore in FY25 to ₹174.36 crore in FY26.
- Projects may be affected by regulatory requirements, inspections, execution delays and supply-chain issues.
ArMee Infotech IPO Allotment
| Basis of Allotment | 28 September 2026 |
| Refund Initiation | 29 September 2026 |
| Share Credit | 29 September 2026 |
| Listing Date | 30 September 2026 |
ArMee Infotech IPO FAQ
What is ArMee Infotech IPO?
ArMee Infotech IPO is a Mainboard book-built public issue of ArMee Infotech Limited. The issue size is ₹300 crore and consists entirely of a fresh issue.
When will ArMee Infotech IPO open?
ArMee Infotech IPO will open on 23 September 2026 and close on 25 September 2026.
What is ArMee Infotech IPO price band?
The price band is ₹350 to ₹375 per equity share.
What is ArMee Infotech IPO lot size?
The minimum lot size is 40 shares. At the upper price band of ₹375, the minimum application amount is ₹15,000.
What is ArMee Infotech IPO allotment date?
The basis of allotment is expected to be finalised on 28 September 2026.
Where can I check complete ArMee Infotech IPO details?
Complete IPO information, including price, dates, financials, allotment and other details, can be checked here:
Disclaimer: This information is provided for educational and informational purposes only. Investors should read the Red Herring Prospectus and other relevant IPO documents carefully before making any investment decision. Investment in securities is subject to market risks.
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