ArMee Infotech IPO Details
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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 Private Limited, Khandwala Securities Limited. 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
ArMee Infotech IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
ArMee Infotech IPO Reservation
Promoter Holding
Documents
ArMee Infotech IPO Valuations
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
Risk Of ArMee Infotech IPO
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/