ArMee Infotech IPO Details

MAINBOARD

ArMee Infotech IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.

The Lead Managers for ArMee Infotech IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Saffron Capital Advisors Pvt Ltd, Khandwala Securities Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the ArMee Infotech Limited DRHP.

ArMee Infotech IPO Details

Open Date

Close Date

Listing Date

Issue Price

₹0 - ₹0

Face Value

₹10 per share

Lot Size

GMP

₹0

Issue Type

IPO

Listing On

NSE, BSE

Type

Book Built Issue

Share holding pre issue

23,73,138 shares

Share holding post issue

Total Issue Size

Fresh Issue

Offer for Sale

DRHP Status

Filed With SEBI

ArMee Infotech IPO Lot Size

Application	Lots	Shares	Amount
To be announced

ArMee Infotech IPO Reservation

Promoter Holding

Pre Issue:92.72%

Post Issue:-

Promoter Names:

Ami Ridhish Patel, Kiritkumar Chimanbhai Patel, Ridhish Kiritbhai Patel

Documents

› ArMee Infotech IPO DRHP

ArMee Infotech IPO Valuations

ROE:70.67%

ROCE:57.55%

DEBT/EQUITY:0.29

RONW:52.67%

PAT MARGIN:4.91%

ArMee Infotech Financial Information

Period Ended	30 Sep 2024	31 Mar 2024
Assets	490.97	673.5
Total Income	604.9	1,023.99
Profit After Tax	18.21	50.13
Net Worth	113.39	95.18
Total Borrowing	34.81	27.26
Amount in ₹ Crore

About ArMee Infotech IPO

ArMee Infotech Limited (AIL), founded in 2003, is an IT infrastructure solutions and managed services company based in Ahmedabad, Gujarat. As part of the ArMee Group, the company provides end-to-end IT solutions across various sectors, including government, corporate, banking, financial services, insurance (BFSI), and education.

Key Business Areas:

IT Infrastructure: Provides IT hardware, software, installation, integration, and maintenance services.
IT Managed Services: Offers technical manpower, skill development training, and annual maintenance services.
Retail Sales: Operates Experience Zones for IT, consumer electronics, and gaming products.
Renewable Energy: Engaged in solar EPC projects and power purchase agreements (PPAs).

As of September 30, 2024, the company had 20 ongoing projects, with 11 under the IT infrastructure category and 9 under IT managed services. Additionally, there were 183 projects where contractual obligations for execution and full payment were completed, but the warranty period was still active.

Among the 20 ongoing projects, 13 were located in Gujarat, four in Maharashtra, and one each in Madhya Pradesh, Uttarakhand, and Bihar. Gujarat contributed 39.72% of the company's revenue from operations as of September 30, 2024.

As of the same date, ArMee Infotech Limited had a workforce of 1,772 employees.

Strength Of ArMee Infotech IPO

To be announced

Risk Of ArMee Infotech IPO

To be announced

Objectives ArMee Infotech IPO

1. Expansion of business by procuring new Government/PSU projects.

2. Funding our working capital requirements.

3. Prepayment or repayment of certain outstanding borrowings availed by the Company.

4. General corporate purposes.

Company Contact Details

ArMee Infotech Ltd.
17, Goyal Intercity,
B/h Drive in Cinema,
Thaltej Road
Ahmedabad, Gujarat, 380058
Phone: + 91 79 4911 491
Email: cs@armeeinfotech.com
Website: http://www.armeeinfotech.com/

Registrar Contact Details

Name: Cameo Corporate Services Ltd

Phone: +91-44-28460390

Email: ipo@cameoindia.com

Website: https://ipostatus1.cameoindia.com/

Lead Mangers

Lead Manager Reports

IPO Lead Manager Performance Summary

ArMee Infotech IPO - FAQs

The ArMee Infotech IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Cameo Corporate Services Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The ArMee Infotech IPO opens on TBA.

ArMee Infotech IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the ArMee Infotech IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the ArMee Infotech IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the ArMee Infotech IPO allotment status for updates.

The listing date for the ArMee Infotech IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

ArMee Infotech IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.