ArMee Infotech IPO GMP today is Rs 6. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
Mainboard IPO
ARMEE
ArMee Infotech IPO GMP & Allotment
ArMee Infotech is an Indian IT services and systems integration company. It provides hardware supply, installation, and managed IT services (like technical support and maintenance) to government and private clients. Seeking new growth, the company has also expanded into the renewable energy sector through solar EPC contracts and power purchase agreements. Most of its business is secured through direct orders and competitive government bidding.
- IPO Price Band
- ₹350.00 - ₹375.00
- Lot Size
- 40 Shares
- Bidding Closes
- 25 Sept 2026
- Listing Date
- 30 Sept 2026
Quick Answer & Highlights
ArMee Infotech IPO GMP Today & Key Takeaways
Last updated: 30 Sept 2026
ArMee Infotech IPO officially listed on 30 Sept 2026 at Rs 375.00, delivering a +0.00% listing gain compared to its issue price of Rs 300.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹6.
ArMee Infotech IPO officially listed on 30 Sept 2026 at ₹375.00, delivering a +0.00% listing gain compared to its issue price of ₹300.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹6.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹6 | +1.6% vs upper band (30 Sept 2026) |
| Est. Listing Price | ₹375.00 | +0.00% Est. Listing Gain |
| Price Band | ₹350.00 - ₹375.00 | Mainboard IPO |
| Retail Minimum Investment | ₹15,000 | 1 Lot (40 Shares) |
| Bidding Window | 23 Sept 2026 – 25 Sept 2026 | Listed |
| Allotment & Listing Dates | Allotment: 28 Sept 2026 | Listing: 30 Sept 2026 |
Current GMP Status
₹6
+1.6% vs upper band
Est. Listing Gain
+0.00%
Last Trend
30 Sept 2026
Listing Price
₹375.00
Retail Entry
₹15,000
IPO Details
Complete IPO information
| IPO Open Date | 23 Sept 2026 |
|---|---|
| IPO Close Date | 25 Sept 2026 |
| IPO Price Band | ₹350.00 - ₹375.00 |
| Lot Size | 40 Shares |
| Current GMP | ₹6 |
| Estimated Listing Gain | +0.00% |
| Issue Size | Approx ₹300 Cr |
| Fresh Issue | Approx ₹300 Cr |
| Issue Type | Mainboard |
| IPO Listing | BSE, NSE |
| Retail Quota | TBA |
| Registrar | Cameo Corporate Services Ltd. |
| Overall Subscription | 2.44x |
| Minimum Investment | ₹15,000 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 10.02 | 29.96 | 2.99xx |
| NII | 19.29 | 40.36 | 2.09xx |
| Retail | 45 | 111.24 | 2.47xx |
| Overall Subscription | 74.3 | 181.56 | 2.44xx |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, ArMee Infotech is priced at ₹375 per share. With a minimum lot size of 40 shares, a retail investor applying for one lot would need approximately ₹15,000 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for ArMee Infotech stands at ₹6, implying an estimated listing gain of around 1.60% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, ArMee Infotech's IPO was subscribed 2.44x overall, with a category-wise breakdown of Retail 2.47x, QIB 2.99x, NII 2.09x.
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
23 Sept 2026
✓
Bidding Closes
25 Sept 2026
✓
Allotment
28 Sept 2026
✓
Listing
30 Sept 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 23 Sept 2026 | Completed |
| Bidding Closes | 25 Sept 2026 | Completed |
| Allotment | 28 Sept 2026 | Completed |
| Listing | 30 Sept 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 30 Sept 2026 | ₹6.00 | - | 1.60% |
| 29 Sept 2026 | ₹6.00 | -₹2.00 | 1.60% |
| 28 Sept 2026 | ₹8.00 | - | 2.13% |
| 26 Sept 2026 | ₹8.00 | -₹12.00 | 2.13% |
| 25 Sept 2026 | ₹20.00 | -₹35.00 | 5.33% |
| 24 Sept 2026 | ₹55.00 | +₹9.00 | 14.67% |
| 23 Sept 2026 | ₹46.00 | +₹34.00 | 12.27% |
| 22 Sept 2026 | ₹12.00 | +₹11.00 | 3.20% |
| 21 Sept 2026 | ₹1.00 | - | TBA |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 40 | ₹15,000 |
| Retail Maximum | 13 Lot | 520 | ₹1,95,000 |
| S-HNI Minimum | 14 Lot | 560 | ₹2,10,000 |
| S-HNI Maximum | 66 Lot | 2,640 | ₹9,90,000 |
| B-HNI Minimum | 67 Lot | 2,680 | ₹10,05,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
ArMee Infotech IPO Reservation
The ArMee Infotech IPO reservation details show the proposed allocation of shares across qualified institutional buyers, non-institutional investors and retail investors. The category-wise reservation is presented below for easy reference.
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 25% |
| NII Shares Offered | – Shares | 22.50% |
| Retail Shares Offered | – Shares | 52.50% |
Note: The share quantities are shown as provided and may be updated when the final IPO allocation details are available.
Analysis
ArMee Infotech IPO Anchor Investors
ArMee Infotech IPO anchor investor bidding is scheduled ahead of the public subscription period. The anchor investor details include the bidding date, shares offered, anchor issue size and the applicable lock-in timelines.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 22, 2026 |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date – 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date – 50% Shares (90 Days) | 2026 |
Note: Anchor investor share and issue-size figures are shown as provided and can be updated after the final anchor allocation is announced.
Analysis
ArMee Infotech IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 23 Sept 2026 |
| IPO Close Date | 25 Sept 2026 |
| Basis of Allotment | 28 Sept 2026 |
| Refunds | 29 Sept 2026 |
| Credit to Demat Account | 29 Sept 2026 |
| IPO Listing Date | 30 Sept 2026 |
Note: The timeline for ArMee Infotech IPO is tentative and subject to change.
Analysis
ArMee Infotech IPO Promoters and Holding Pattern
ArMee Infotech is promoted by Sandeep Aggarwal, Nikunj Aggarwal and Esha Gupta. The shareholding pattern below presents the ownership held by the promoter and promoter group as well as other shareholders before and after the IPO.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 2,20,04,214 | 92.72% | 22,004,214 | 6.80% |
| Others* | 17,27,172 | 7.28% | 301,727,172 | 93.20% |
| Total | 2,37,31,386 | 100% | 323,731,386 | 100% |
Note: The holding pattern is based on the shareholding information provided for the ArMee Infotech IPO.
Analysis
ArMee Infotech Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Expansion of business by procuring new Government/PSU projects | 155 (51.67%) |
| Funding working capital requirements | 60 (20%) |
| Repayment / Prepayment of Borrowings | 6.5 (2.17%) |
| General Corporate Purposes | 78.5 (26.16%) |
Note: Objectives are as specified in the DRHP/RHP documents of ArMee Infotech.
Analysis
ArMee Infotech About Ipo
ArMee Infotech Limited (AIL), incorporated in 2003, is an IT infrastructure solutions provider that offers complete technology solutions across sectors including government, corporates, banking, financial services and insurance (BFSI), and education. In addition to IT solutions, the firm is also involved in retail sales and renewable energy. Its services include IT infrastructure, providing IT hardware and software, along with installation, integration, maintenance, and related support services.
They also provide IT Managed services, Retail Sales, and Renweable energy solutions. As of June 30, 2026, ArMee Infotech has completed 99 ongoing projects, in which 65 are IT Infrastructure, 21 are IT Managed Services, 10 are Renewable Energy EPC, 1 is Renewable Energy PPA, and 2 are for Renewable Energy BESS. All of its projects are operated in the states of Gujarat, Maharashtra, Bihar, Andhra Pradesh, Uttar Pradesh, Madhya Pradesh, Telangana, Tamil Nadu, Uttarakhand, New Delhi, and Rajasthan.
Analysis
ArMee Infotech Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 1,023.99 Cr. | 960.21 Cr. | 50.13 Cr. | 673.50 Cr. |
| 2025 | 1,315.78 Cr. | 1.262.59 Cr. | 41.67 Cr. | 828.54 Cr. |
| 2026 | 1,410.09 Cr. | 1.349.10 Cr. | 45.47 Cr. | 958.87 Cr. |
Note: Financial numbers for ArMee Infotech are in ₹ Crores unless stated otherwise.
Analysis
ArMee Infotech Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | 28.52% |
| ROCE | 24.10% |
| EBITDA Margin | 5.42% |
| PAT Margin | 3.26% |
| Debt to Equity Ratio | 0.96 |
| Earning Per Share (EPS) | 19.16 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 24.96% |
| Net Asset Value (NAV) | 76.77 |
Note: Valuation KPIs for ArMee Infotech are computed for FY2026.
Analysis
ArMee Infotech IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Dynacons Systems & Solutions Limited | 66.64 | 16.41 | 26.90% | 247.54 | 1,424.28 Cr. |
| Orient Technologies Limited | 1.00 | 243.15 | 1.36% | 73.44 | 869.55 Cr. |
| KPI Green Energy Limited | 24.13 | 12.77 | 16.14% | 159.86 | 2,695.91 Cr. |
| Oriana Power Limited (SME Board) | 124.19 | 9.62 | 32.72% | 379.55 | 1,813.67 Cr. |
Note: Peer group comparisons for ArMee Infotech are sourced from DRHP filings.
Comparison
Compare ArMee Infotech IPO with similar IPOs
FAQ
ArMee Infotech IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 6 and an issue price of Rs 375, the estimated listing price for ArMee Infotech IPO is Rs 381.00 (approx 1.60% listing gain). Actual listing price is determined by market demand on the listing day.
ArMee Infotech IPO price band is Rs 350.00 to Rs 375.00. Check the latest issue price, lot size and GMP together before applying.
ArMee Infotech IPO open date is 23 Sept 2026, close date is 25 Sept 2026, and listing date is 30 Sept 2026.
ArMee Infotech IPO lot size is 40 shares. The minimum retail investment is Rs 15,000.
ArMee Infotech is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
ArMee Infotech IPO subscription status currently shows Retail 2.47x, QIB 2.99x, NII 2.09x, Overall 2.44x.
ArMee Infotech is an Indian IT services and systems integration company. It provides hardware supply, installation, and managed IT services (like technical support and maintenance) to government and private clients. Seeking new growth, the company has also expanded into the renewable energy sector through solar EPC contracts and power purchase agreements. Most of its business is secured through direct orders and competitive government bidding.
ArMee Infotech IPO issue size is TBA and the expected allotment date is 28 Sept 2026.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
Community discussion
Comments
Share a useful question or insight about ArMee Infotech.
Leave a comment
Your email address will not be published. All comments and replies are reviewed before appearing.
Keep Exploring
Similar Recent IPOs
Mainboard
Bombay Coated & Special Steels
Price Band₹78.00 - ₹82.00
Current GMP₹9 · +11.0%
Lot Size182 Shares
Mainboard
M.K.Sons Fine Jewels
Price Band₹153.00 - ₹162.00
Current GMP₹10 · +6.2%
Lot Size91 Shares
Mainboard
SFC Environmental Technologies
Price Band₹313.00 - ₹330.00
Current GMP₹25.1 · +4.5%
Lot Size45 Shares
Mainboard
BLS Polymers
Price Band₹142.00 - ₹150.00
Current GMP₹98 · +46.7%
Lot Size100 Shares
Loading comments...