ArMee Infotech IPO
Issue details, the company's financials from its prospectus, subscription and listing performance, explained in plain English. Data from NSE and the Red Herring Prospectus.
About the issue
ArMee Infotech Limited was open for subscription from 23 Sep 2026 to 25 Sep 2026 on the main board of NSE, in the it enabled services industry as classified by NSE. The issue size is ₹300.0 cr. One lot of 40 shares costs ₹15,000 at the upper end of the price band.
What the numbers show
- Revenue from operations grew from ₹1,021 cr in FY24 to ₹1,397 cr in FY26, about 17% a year.
- Profit after tax fell from ₹50.13 cr to ₹45.47 cr, while the profit margin narrowed from 4.9% to 3.3%.
- Total borrowings rose from ₹27.26 cr to ₹174.4 cr, a debt-to-equity ratio of 0.96 at the end of FY26.
- The whole issue is a fresh issue of ₹300.0 cr: all the money goes to the company.
- The issue was subscribed 2.44× overall (QIBs 2.99×, non-institutional investors 2.09×, retail investors 2.47×).
- It listed on 30 Sep 2026 at its issue price of ₹375, and closed its first day at ₹300.
These points are calculated from the prospectus and NSE data. They describe the company; they are not a recommendation to apply or not.
Financial performance
| ₹ crore unless stated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue from operations | 1,021 | 1,313 | 1,397 |
| Total income | 1,024 | 1,316 | 1,410 |
| EBITDA | 71.58 | 58.64 | 75.64 |
| Profit after tax | 50.13 | 41.67 | 45.47 |
| Profit margin | 4.9% | 3.2% | 3.3% |
| Net worth | 95.18 | 136.7 | 182.2 |
| Total borrowings | 27.26 | 48.10 | 174.4 |
| Debt to equity | 0.29 | 0.35 | 0.96 |
Subscription
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| Qualified Institutional Buyers(QIBs) | 10,01,784 | 29,96,200 | 2.99× |
| Non Institutional Investors | 19,28,572 | 40,36,760 | 2.09× |
| Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 12,85,715 | 17,90,800 | 1.39× |
| Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 6,42,857 | 22,45,960 | 3.49× |
| Retail Individual Investors(RIIs) | 45,00,000 | 1,11,26,280 | 2.47× |
| Total | 74,30,356 | 1,81,59,240 | 2.44× |
Listing and performance
| Price | Change from issue price | |
|---|---|---|
| Issue price | ₹375 | – |
| Listing day open (30 Sep 2026) | ₹375 | 0.0% |
| Listing day high / low | ₹375 / ₹300 | – |
| Listing day close | ₹300 | −20.0% |
| Latest close (8 Oct 2026) | ₹256.40 | −31.6% |
| NIFTY 50 since listing day | −1.7% |
Frequently asked questions
What is the price band of the ArMee Infotech IPO?
The price band is ₹350–375 per share, for shares with a face value of ₹10. The final issue price was ₹375.
What is the lot size and minimum investment?
Bids are made in lots of 40 shares, so one lot costs ₹15,000 at the upper end of the price band.
When does the ArMee Infotech IPO open and close?
Bidding opened on 23 Sep 2026 and closed on 25 Sep 2026. The shares listed on NSE on 30 Sep 2026.
How many times was the ArMee Infotech IPO subscribed?
It was subscribed 2.44× overall, according to NSE bid data.
Where can I check the allotment status?
The registrar to the issue is Cameo Corporate Services Limited. Allotment status can be checked on the registrar's website with your PAN or application number, and on the NSE and BSE websites, usually a day or two after the issue closes.
What was the listing gain of the ArMee Infotech IPO?
There was no listing gain: it opened at its issue price of ₹375 on 30 Sep 2026.
Is this a recommendation to apply?
No. This page summarises public information so you can read the prospectus with the key numbers in mind. Whether to apply depends on your own goals and risk tolerance; consider speaking to a SEBI-registered investment adviser.
Data: NSE (issue details, bids, prices) and the company's Red Herring Prospectus filed with SEBI. Figures are reproduced and converted with care but may contain errors; check the prospectus before making any decision. This page is for information and education only. It is not a recommendation to apply for, buy or sell any security. See our disclaimer.