ArMee Infotech Limited
MainboardARMEE • BSE, NSE
Issue details
Price band
₹350 - ₹375
Lot size
40 shares
Issue size
₹278.64 Cr
Min. investment
₹15,000
Registrar
Cameo Corporate Services
Subscription
1.38x
Grey market premium
Est. gain+₹6 · 2%
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IPO Timeline
Open
23 Sep
Close
25 Sep
Allotment
28 Sep
Listing
30 Sep
- Refunds & demat credit
- 29 Sep 2026
- Mandate end
- 10 Oct 2026
- Anchor lock-in 50%
- 28 Oct 2026
- Anchor lock-in 100%
- 27 Dec 2026
We calculate these dates from the allotment and close dates, so please treat them as indicative. Anchor lock-in applies only to issues with an anchor allotment.
Application size
| Category | Minimum | Maximum |
|---|---|---|
| RII | 40shares 1 lot · ₹15,000 | 520shares 13 lots · ₹1,95,000 |
| sNII (₹2L–₹10L) | 560shares 14 lots · ₹2,10,000 | 2,640shares 66 lots · ₹9,90,000 |
| bNII (above ₹10L) | 2,680shares 67 lots · ₹10,05,000 | No limit funds permitting |
Based on the upper price band of ₹375 and a lot of 40 shares.
Subscription
| Quota | Shares offered | Shares bid | Subscribed |
|---|---|---|---|
| NII | 19,28,572 | 28,89,880 | 1.50x |
| bNII (above ₹10L) | 6,42,857 | 15,63,640 | 2.43x |
| Retail (IND) | 45,00,000 | 64,19,720 | 1.43x |
| Total | 74,30,356 | 1,02,55,320 | 1.38x |
Last updated 41 days ago.
Issue structure
Face value
₹10 per share
Issue type
Bookbuilding IPO
Sale type
Fresh capital only
Fresh issue
₹300 Cr
80,00,000 shares
Shares pre-issue
2,37,31,386
Shares post-issue
3,17,31,386
Valuation & ratios
| Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | 19.16 | 14.33 |
| P/E | 19.57 | 26.17 |
| Market cap | ₹889.93 Cr. | ₹1,189.93 Cr |
| 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 |
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| 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 |
| Assets | 958.87 | 828.54 | 673.5 |
| Total borrowing | 174.36 | 48.1 | 27.26 |
Figures in ₹ crore, as reported by the company in its offer document.
Objects of the issue
- 1.Expansion of business by procuring new Government/PSU projects.₹155 Cr
- 2.Funding working capital requirements₹60 Cr
- 3.Prepayment or repayment of certain outstanding borrowings availed by the Company.₹6.5 Cr
- 4.General Corporate Purposes—
What the company says it intends to do with the money raised.
Recent comparable IPOs
| Company | Issue price | P/E | Listing close | Listing gain |
|---|---|---|---|---|
| ESDS Software Solution Ltd.Mainboard | ₹429 | 35.66 | ₹908.40 | +111.75% |
| Xtranet Technologies Ltd.Mainboard | ₹127 | 12.21 | ₹129.20 | +1.73% |
| Amagi Media Labs Ltd.Mainboard | ₹361 | -101.78 | ₹348.25 | -3.53% |
| Excelsoft Technologies Ltd.Mainboard | ₹120 | 34.62 | ₹125.97 | +4.97% |
| Prodocs Solutions Ltd.SME | ₹138 | 14.72 | ₹151.20 | +9.57% |
| Exato Technologies Ltd.SME | ₹140 | 11.19 | ₹279.30 | +99.50% |
| Infinity Infoway Ltd.SME | ₹155 | 13.81 | ₹309.20 | +99.48% |
| Praruh Technologies Ltd.SME | ₹63 | 9.47 | ₹64.25 | +1.98% |
| Matrix Geo Solutions Ltd.SME | ₹104 | 19.02 | ₹99.15 | -4.66% |
Past listing performance of comparable issues. This is not a forecast: listing gains vary widely and can turn negative.
Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 27 Sep 2026. Always verify against the RHP before applying.