ArMee Infotech IPO 2026: Date, Price, Lot Size, Allotment and Listing
ArMee Infotech IPO is a book-built public issue of ₹300 crore. The IPO is entirely a fresh issue of 80 lakh equity shares, meaning the proceeds from the issue will go to the company, subject to the utilisation stated in its offer documents.
The IPO opens for subscription on September 23, 2026, and will close on September 25, 2026. The basis of allotment is expected to be finalised on September 28, 2026, while the shares are scheduled to list on the NSE and BSE on September 30, 2026.
The ArMee Infotech IPO price band has been fixed at ₹350 to ₹375 per share. The minimum application lot is 40 shares. At the upper price band of ₹375, a retail investor would need ₹15,000 to apply for one lot.
Khandwala Securities Limited is the book-running lead manager for the issue, while Cameo Corporate Services Limited is acting as the registrar.
Investors should refer to the ArMee Infotech IPO Red Herring Prospectus (RHP) for detailed information about the company’s business, financial performance, objects of the issue, risk factors, shareholding and other terms before making an investment decision.
Price Range
₹350 - ₹ 375
₹ 14,000
Min. Investment
Armee Infotech Ltd IPO
IT - Hardware
| Issue Size | ₹ 300 Cr |
| IPO Type | Mainboard |
| Market Cap | ₹ 1,189 Cr |
| Price Range | ₹350-₹375 |
| Listing Ex. | BSE, NSE |
| Revenue | ₹ 1396.6 Cr |
| Lot Size | 40 Shares |
| RHP | Read |
| Growth Rate | 16.98% |
About ArMee Infotech Limited
Founded in 2003 and headquartered in Ahmedabad, Gujarat, ArMee Infotech Limited (AIL) is an information technology infrastructure and managed services company. The company is part of the ArMee Group and provides technology-related solutions to government organisations, corporates, banks and financial institutions, insurance companies and educational institutions.
Over the years, ArMee Infotech has expanded beyond traditional IT services. Along with its core IT infrastructure and managed services business, the company has entered retail technology sales and renewable energy, giving it a presence across multiple business segments.
IT Infrastructure and Managed Services
ArMee Infotech provides end-to-end IT infrastructure solutions, covering the supply of IT hardware and software, installation, system integration, maintenance and technical support.
Its managed services business includes technical manpower deployment, skill development and training programmes, as well as annual maintenance services. These services allow the company to support customers throughout the implementation and operational lifecycle of their technology infrastructure.
Retail and Renewable Energy Business
The company has also diversified into retail through its Experience Zones, which offer IT products, consumer electronics, gaming products and related merchandise.
In the renewable energy segment, ArMee Infotech undertakes solar Engineering, Procurement and Construction (EPC) projects. It is also involved in developing solar power projects under Power Purchase Agreements (PPAs) and is expanding into Battery Energy Storage System (BESS) projects.
Project Portfolio
As of June 30, 2026, ArMee Infotech had 99 ongoing projects across its different business segments. These included:
- 65 projects in IT Infrastructure
- 21 projects in IT Managed Services
- 10 projects in Renewable Energy EPC
- 1 project under Renewable Energy PPA
- 2 projects related to Renewable Energy BESS
The company's projects are spread across several parts of India, although Gujarat remains its largest operating market. Of the 99 ongoing projects, 74 were located in Gujarat, followed by 11 in Maharashtra. The remaining projects were spread across Bihar, Andhra Pradesh, Uttar Pradesh, Madhya Pradesh, Rajasthan, Telangana, Tamil Nadu, Uttarakhand and New Delhi.
Workforce
ArMee Infotech had 263 employees as of June 30, 2026, including 219 skilled and semi-skilled technical personnel involved in implementing and managing its projects.
The company also relies on a sizeable contractual workforce. As of the same date, it had engaged approximately 1,648 contractual employees to support its various operations and project requirements.
Key Strengths
- Experience with government and PSU projects: The company has a track record of executing technology projects for government and public-sector clients.
- Diversified customer base: Its services cover government, corporate, BFSI and education sectors, reducing dependence on a single end-user segment.
- Multiple business verticals: In addition to IT infrastructure and managed services, the company operates in retail technology and renewable energy.
- Project execution capabilities: Its ongoing project portfolio covers IT infrastructure, managed services, solar EPC, PPAs and BESS.
- Experienced management: The company has an experienced Board and management team with domain knowledge across its operating segments.
- Geographical reach: Although Gujarat accounts for the majority of its ongoing projects, ArMee Infotech has projects across multiple states.
Overall, ArMee Infotech has evolved from an IT infrastructure solutions provider into a multi-segment technology and services company, with operations spanning IT infrastructure, managed services, retail technology and renewable energy. Its existing project pipeline and presence across government and private-sector customers form an important part of its business profile.
| 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 |
IPO FAQs
What is ArMee Infotech IPO?
ArMee Infotech IPO is a Mainboard IPO of ArMee Infotech Limited. The public issue is a fresh issue of equity shares aggregating to ₹300 crore. The IPO is being offered through the book-building process and is proposed to be listed on BSE and NSE.
When will ArMee Infotech IPO open and close?
The ArMee Infotech IPO will open for subscription on September 23, 2026, and will close on September 25, 2026.
What is the price band of ArMee Infotech IPO?
The price band of ArMee Infotech IPO has been fixed at ₹350 to ₹375 per equity share.
What is the lot size of ArMee Infotech IPO?
The minimum lot size is 40 shares. At the upper price band of ₹375, investors need ₹15,000 to apply for one lot.
What is the total issue size of ArMee Infotech IPO?
The total issue size of ArMee Infotech IPO is ₹300 crore, comprising 80 lakh equity shares offered through a fresh issue.
What is the minimum investment required for ArMee Infotech IPO?
The minimum investment required for retail investors is ₹15,000, based on one lot of 40 shares at the upper price band of ₹375 per share.
When is the ArMee Infotech IPO allotment date?
The basis of allotment for ArMee Infotech IPO is scheduled to be finalized on September 28, 2026.
When will ArMee Infotech IPO refunds be initiated?
For investors who do not receive an allotment, the refund process is scheduled to begin on September 29, 2026.
When will ArMee Infotech IPO refunds be initiated?
For investors who do not receive an allotment, the refund process is scheduled to begin on September 29, 2026.
When will ArMee Infotech IPO shares be credited to the demat account?
The shares are scheduled to be credited to successful allottees' demat accounts on September 29, 2026.
What is the ArMee Infotech IPO listing date?
ArMee Infotech shares are scheduled to be listed on September 30, 2026 on the stock exchanges.
Disclaimer: The information provided on this IPO page is for educational and informational purposes only and should not be considered investment advice, a recommendation, or an offer to buy or sell any securities. IPO details such as price, dates, GMP, subscription data, financial figures, and listing information may change and may contain errors or omissions. Investors should independently verify all information from official sources, including the company’s RHP/DRHP and stock exchange filings, and assess their own risk before making any investment decision. EduTaxTuber does not guarantee any profit or listing gains and shall not be responsible for any loss arising from decisions made based on this information.
