MyIPOStatus
ArMee Infotech IPO: GMP, subscription and allotment status
This IPO has left the live dashboard. The figures below are as recorded on 5 Oct 2026.
1.38×Covered
Subscription as of 25 Sept, 19:00 IST, from NSE bid data
- Listed at
- ₹375
- 0.0% on issue price
- Est. listing
- ₹381
- +1.6% on issue price
- Price band
- ₹350–375
- Lot
- 40 shares
- Min. ₹15,000
Allotment
Allotment is out. Check it on the registrar's site.
Dates
23 → 25 Sept · allot 28 · list 30Refunds and shares in your demat account on 29 Sept.
Subscription by category
- Retail
- 1.43×
- Covered
- Non-institutional (NII)
- 1.50×
- Covered
- Qualified institutional (QIB)
- 0.94×
- Undersubscribed
- Total
- 1.38×
- Covered
Shares bid for
- QIB
- Offered 10,01,784
- Bid for 29,96,200
- 2.99×
- NII
- Offered 19,28,572
- Bid for 40,36,760
- 2.09×
- bHNI (above ₹10 lakh)
- Offered 12,85,715
- Bid for 17,90,800
- 1.39×
- sHNI (₹2–10 lakh)
- Offered 6,42,857
- Bid for 22,45,960
- 3.49×
- Retail
- Offered 45,00,000
- Bid for 1,11,26,280
- 2.47×
- Total
- Offered 74,30,356
- Bid for 1,81,59,240
- 2.44×
Day by day
- 25 Sept 2026
- Overall 1.38×
- Retail 1.43× retail
- 24 Sept 2026
- Overall 0.78×
- Retail 0.81× retail
- 23 Sept 2026
- Overall 0.39×
- Retail 0.30× retail
Overall and retail, as they stood at the end of each day of bidding.
As of 25 Sept, 19:00 IST.
GMP day by day
The last GMP before listing was ₹6 on 29 Sept, pointing to a listing around ₹381. It listed at ₹375, ₹6 below that estimate.
- 30 Sept 2026
- GMP ₹6
- Est. listing ₹381 +1.6%
- 29 Sept 2026
- GMP ₹6
- Est. listing ₹381 +1.6%
- 28 Sept 2026
- GMP ₹5
- Est. listing ₹380 +1.3%
- 27 Sept 2026
- GMP ₹8
- Est. listing ₹383 +2.1%
- 26 Sept 2026
- GMP ₹8
- Est. listing ₹383 +2.1%
- 25 Sept 2026
- GMP ₹20
- Est. listing ₹395 +5.3%
- 24 Sept 2026
- GMP ₹20
- Est. listing ₹395 +5.3%
Recorded once a day from IPOWatch's GMP table. GMP is unofficial and doesn't guarantee a listing price.
Issue details
- Segment
- Mainboard
- Face value
- ₹10
- Issue type
- Book build Issue
- Fresh issue
- ₹300 Crores
- Listing at
- BSE, NSE
- Registrar
- Cameo Corporate Services
- NSE symbol
- ARMEE
GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from
What you can apply for
- Retail Minimum
- 1 lot, 40 shares
- 40
- ₹15,000
- Retail Maximum
- 13 lots, 520 shares
- 520
- ₹1,95,000
- S-HNI Minimum
- 14 lots, 560 shares
- 560
- ₹2,10,000
- S-HNI Maximum
- 66 lots, 2,640 shares
- 2,640
- ₹9,90,000
- B-HNI Minimum
- 67 lots, 2,680 shares
- 2,680
- ₹10,05,000
A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.
Where the money goes
- Expansion of business by procuring new Government/PSU projects.
- ₹155.00 Cr
- Funding working capital requirements
- ₹60.00 Cr
- Prepayment or repayment of certain outstanding borrowings availed by the Company
- ₹6.50 Cr
- General Corporate Purposes
- —
What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.
Company numbers
₹1,410.09 Cr+7.2% on 2025
₹45.47 Cr+9.1% on 2025
₹958.87 Cr+15.7% on 2025
- 2026
- Revenue ₹1,410.09
- Profit ₹45.47
- Assets ₹958.87
- 2025
- Revenue ₹1,315.78
- Profit ₹41.67
- Assets ₹828.54
- 2024
- Revenue ₹1,023.99
- Profit ₹50.13
- Assets ₹673.50
In ₹ crore, for the years the offer document reports.
- 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)
- Return on Net Worth (RoNW)
- 24.96%
- Net Asset Value (NAV)
- ₹76.77
Listed peers
- Dynacons Systems & Solutions Limited
- P/E 16.41
- EPS 66.64
- Return on net worth 26.90%
- Orient Technologies Limited
- P/E 243.15
- EPS 1.00
- Return on net worth 1.36%
- KPI Green Energy Limited
- P/E 12.77
- EPS 24.13
- Return on net worth 16.14%
- Oriana Power Limited (SME Board)
- P/E 9.62
- EPS 124.19
- Return on net worth 32.72%
Price to earnings, earnings per share and return on net worth, as the offer document reports them.
Who the issue is reserved for
- QIB
- 25%
- NII
- 22.50%
- Retail
- 52.50%
Share of the issue set aside for each kind of investor.
Promoters and bankers
- Promoters
- Sandeep Aggarwal, Nikunj Aggarwal and Esha Gupta
- Promoter holding
- 92.72% before the IPO, 6.80% after
- Lead managers
- Khandwala Securities Ltd., Saffron Capital Advisors Pvt. Ltd.
Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.
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Frequently asked questions
- What is the GMP of ArMee Infotech IPO today?
- The grey-market premium is ₹6, which points to a listing around ₹381 (+1.6% on the issue price). GMP is unofficial and doesn't guarantee a listing price.
- How many times has ArMee Infotech IPO been subscribed?
- 1.38× overall, with the retail portion at 1.43×, as of 19:00 IST on 25 September 2026, from NSE bid data.
- When does ArMee Infotech IPO open and close?
- Bidding ran from 23 September 2026 to 25 September 2026.
- What is the ArMee Infotech IPO allotment date?
- Allotment is out. You can check it by PAN now.
- When will ArMee Infotech IPO list?
- It listed on 30 September 2026.
- How did ArMee Infotech IPO list against its GMP?
- The last grey-market premium before listing was ₹6 on 29 September 2026, pointing to a listing around ₹381. It listed at ₹375, ₹6 below that estimate.
- What is the lot size and minimum investment for ArMee Infotech IPO?
- One lot is 40 shares, so the minimum investment at the upper price of ₹375 is ₹15,000.
- How do I check ArMee Infotech IPO allotment status?
- Cameo Corporate Services is the registrar. Once allotment is out, check it by PAN on the Cameo Corporate Services website.