ArMee Infotech Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 2.16x | 2,000,000 | 4,319,520 | ₹75 Cr |
| NII (HNI) | 2.02x | 1,800,000 | 3,636,120 | ₹68 Cr |
| Retail | 2.54x | 4,200,000 | 10,661,160 | ₹158 Cr |
| Σ Total | 2.33x | 8,000,000 | 18,616,800 | ₹300 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹15,000 |
| Retail (Max) | 13 | 520 | ₹195,000 |
| S-HNI (Min) | 14 | 560 | ₹210,000 |
| B-HNI (Min) | 67 | 2,680 | ₹1,005,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 1,410 | 1,316 | 1,024 |
| EBITDA | 76 | 59 | 72 |
| Profit After Tax | 45 | 42 | 50 |
| Net Worth | 182 | 137 | 95 |
| Total Assets | 959 | 829 | 674 |
| Total Borrowing | 174 | 48 | 27 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Expansion of business by procuring new Government/PSU projects. – 155.00
- Funding working capital requirements – 60.00
- Prepayment or repayment of certain outstanding borrowings availed by the Company. – 6.50
- General Corporate Purposes –
Company Overview
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