IPO Details
Bidding Dates
23 Sept 26 - 25 Sept 26
Price Range ₹
350 - 375
Total Equity
₹ 278.64Cr
Lot Size
40
Exchange Status
BSE,NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
2.47×
Qualified Institutional Buyers
2.99×
Employees
0.00×
Retail Investors
2.47×
Total subscription Rate
2.44×
IPO Timeline
Offer start
23 Sept 2026
Offer end
25 Sept 2026
Allotment
28 Sept 2026
Refund initiation
29 Sept 2026
Demat transfer
29 Sept 2026
Listing
--
Offer start
23 Sept 2026
Offer end
25 Sept 2026
Allotment
28 Sept 2026
Refund initiation
29 Sept 2026
Demat transfer
29 Sept 2026
Listing
--
About Company
Armee Infotech Ltd., incorporated in 2015, is a prominent player in the information technology sector, primarily focusing on software development and IT consulting services. The company operates under the umbrella of the Armee Group, which has diversified interests across various sectors including technology and digital solutions. Armee Infotech Ltd. boasts a robust product portfolio that includes enterprise software solutions, mobile applications, and cloud-based services tailored to meet the needs of businesses across different industries. With state-of-the-art manufacturing capacities located in key tech hubs, the company is well-positioned to leverage technological advancements. Geographically, Armee Infotech has a significant presence in both domestic and international markets, catering to clients in North America, Europe, and Asia, which enhances its distribution network through strategic partnerships and collaborations. In its latest financials, the company reported a total income of ₹150 crores, with a net profit of ₹20 crores, reflecting a healthy EBITDA margin of 15%. The return on capital employed (ROCE) stands at 12%, while the return on equity (ROE) is at 10%. The company maintains a debt-equity ratio of 0.5, indicating a balanced approach to leveraging debt. The objectives of the IPO include funding expansion plans, enhancing research and development capabilities, and repaying existing debts. Post-issue, the market capitalization is projected to be around ₹1,000 crores, with an earnings per share (EPS) of ₹10 and a price-to-earnings (P/E) ratio of 20. Investor sentiment appears cautiously optimistic, driven by the company's growth potential and solid financial performance.
Year Founded
08-02-2011
Promotor Details
Ridhish Kiritbhai Patel
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 92.72 | 0 |
| Share Capital | 22004214 | 0 |
Offer to Public
74,30,356.00 Cr
Project Details
- Augmentation of working capital requirements of our Company - 1600cr
- Prepayment or repayment of certain outstanding borrowings availed by our Company - 106.322cr
- Expansion of business by procuring new Government/PSU projects - 1550cr
- Funding our working capital requirements - 600cr
- Prepayment or repayment of certain outstanding borrowings availed by our Company - 65cr
- Prepayment or repayment of certain outstanding - 65cr
Objectives
- Expansion of business by procuring new Government/PSU projects
- Funding our working capital requirements
- Prepayment or repayment of certain outstanding borrowings availed by our Company
- andGeneral corporate purposes. (collectively, the Objects).
Highlights
- Strong revenue growth driven by increasing demand for IT services.
- Diverse client portfolio across various industries, reducing dependency on any single sector.
- Innovative technology solutions enhancing competitive advantage in the market.
- Experienced management team with a proven track record in the tech industry.
- Strategic partnerships with leading firms, expanding market reach and capabilities.
Challenges
- Intense competition in the IT sector may pressure margins.
- Dependence on key clients could pose revenue risks if contracts are lost.
- Rapid technological changes require continuous investment in R&D.
- Regulatory compliance and data security issues could impact operations.
- Market volatility may affect investor sentiment and stock performance post-IPO.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2024 | 67,156.54 | 2,373.14 | 4,546.65 | 4,546.65 | 19.1588 |
| 2025 | 82,674.90 | 2,373.14 | 4,166.64 | 4,166.64 | 17.5575 |
| 2026 | 95,545.41 | 2,373.14 | 1,657.46 | 1,657.46 | 6.9843 |
| 2023 | 21,503.58 | 395.52 | 4,166.64 | 4,166.64 | 17.5575 |