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Armee Infotech Ltd IPO Details: Check ... 

Check Why Armee Infotech Limited IPO Is Taking the Spotlight

India’s solar energy sector is growing quickly, showing the country’s strong push toward clean and renewable power. As of 2024, India has installed about 85 GW of solar capacity and aims to reach 280 GW by 2030. Armee Infotech Limited operates in this industry and is now going public. 

Khandwala Securities and Saffron Capital will be managing the issue. Also, Cameo Corporate Services is responsible for registering it. View the Armee Infotech Tech IPO allotment status.


To know more about the IPO, check the Armee Infotech Limited DRHP.


Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Armee Infotech Limited: Understanding the Company Profile


Particulars

Descriptions

Headquarters

Ahmedabad 

Business 

IT infrastructure solutions and managed services 

Incorporated Year 

2003

Competitors 

Orient Technologies and Dynacons Systems and Solutions

Promoter 

Kiritkumar Chimanbhai Patel, Ami Ridhish Patel, and Ridhish Kiritbhai Patel


Exploring the Armee Infotech IPO Details

Here's everything about the Armee Infotech Limited IPO. 

  • Armee Infotech Limited IPO Date

Armee Infotech Limited filed the draft offer documents with SEBI on March 4, 2025. There is no information related to its opening and closing dates in the DRHP. Therefore, stay tuned for more information.

  • Armee Infotech IPO Size


Particulars

Shares

Aggregate Value 

Fresh Issue

Undisclosed 

₹ 30,000 lakhs

Offer for Sale

NA

NA

Overall Issue 

Undisclosed 

₹ 30,000 lakhs


  • Armee Infotech Pvt Ltd IPO: Objective


Particulars

Total Estimated Amount (₹ in lakhs)

Utilisation of Net Proceeds in 2026 (₹ in lakhs)

Utilisation of Net Proceeds in 2027 (₹ in lakhs)

Expansion of business by procuring new Government/PSU projects

15,500.00

9,000.00

6,500.00

Funding the working capital requirements

6,000.00

6,000.00

-

Prepayment or repayment of borrowings 

899.04

899.04

-

General corporate needs

Undisclosed 

Undisclosed 

-

Total

Undisclosed

Undisclosed

Undisclosed


  • Other Takeaways and Armee Infotech Limited IPO Price


Particulars

Description

Face value (₹)

10

Price Range (₹)

Undisclosed 

Lot size (shares)

Undisclosed

Listed At 

BSE NSE


  • Investors Categorisation


Investor Category

Portion 

QIB

Maximum 50% of the Issue

RII

Minimum 35% of the Issue

NII

Minimum 15% of the Issue


  • Anchor Investor


Particulars

Description

Opening Date

Undisclosed 

Terms of Payment  

Full Payment on Bid


Armee Infotech Ltd: Key Financials 


Particulars

September 30, 2024

2024

2023 

2022 


Consolidated

Standalone

Share capital (₹ in lakhs)

2,373.14

2,373.14

395.52

395.52

Net worth (₹ in lakhs)

11,338.62

9,517.62

4,669.77

3,008.65

Revenue from operations (₹ in lakhs)

60,440.57

1,02,057.47

50,269.51

12,517.98

Profit/(loss) after tax (₹ in lakhs)

1,821.03

5,013.04

1,657.46

336.41

Restated basic earnings per equity share (₹/share)

7.67

21.12

6.98

1.42

Restated diluted earnings per equity share (₹/share)

7.67

21.12

6.98

1.42

NAV (₹/share)

47.78

40.11

19.68

12.68

Total borrowings (₹ in lakhs)

3,480.64

2,725.65

3,208.25

2,581.03


Strengths and risks

Let's see the risks and strengths to get the Armee Infotech IPO review: 

Strengths

  • Proven Project Expertise: The company has a great track record of successfully handling big Government and PSU projects. 

  • Stable Financial Growth: Year after year, the company has maintained steady financial performance.

  • Works Across Many Sectors: The company serves clients from different industries, which keeps its business balanced and helps it explore new opportunities regularly.

  • Strong and Skilled Leadership: With an experienced management team and board, the company benefits from smart decisions and steady guidance.

Risks  

  • Heavy Dependence on Government Projects: 83% of the company’s income comes from Government and PSU clients. If these contracts slow down or stop, it could affect business growth.

  • Too Much Focus on One State: Since almost 40% of the company’s work comes from Gujarat, any economic or policy changes in the state could impact its business performance.

  • Relying on a Few Tech Partners: Most of the company’s hardware and software needs are met by a small group of technology partners. If these partners face delays or supply issues, projects might be affected. 

  • Cash Flow Pressure: The company has had negative cash flow in the past. If that happens again, it could make it harder to manage daily operations smoothly.

Should You Apply for the Armee Infotech India Ltd IPO?


As of November 10, 2025, the Armee Infotech IPO GMP hasn’t been updated. You can see the IPO's live GMP and the subscription status. Also, check the Armee Infotech DRHP before you click on the Apply Now button.

FAQs

1. How is the Armee Infotech Limited review?

Armee Infotech Limited is an IT infrastructure and IT managed services company. The opening date is unavailable. However, the issue size is ₹30,000 lakhs. For the latest details, you can also look for the GMP updates

2. What is the Armee Infotech IPO date?

The IPO open and the close date are unavailable as of November 10, 2025. Live subscription details can be monitored through FinnPick. 

3. What is the Armee Infotech Limited share price? 

The Armee Infotech Limited IPO share price is unavailable as of November 10, 2025. Also, don't forget to check the Armee Infotech IPO news. 

4. Should I use a demat account to bid for the Armee Infotech Limited IPO?

Yes, a demat account is required to bid for the Armee Infotech Limited IPO. Click here to get the ultimate list of the top demat account providers.
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