ArMee Infotech IPO Listing: Shares Debut At ₹375 On NSE And BSE Against ₹375 Issue Price

Mumbai, September 30, 2026: ArMee Infotech shares made their stock market debut at ₹375 per share on NSE and BSE on Wednesday, September 30, 2026. The listing price was in line with the company’s final IPO price of ₹375 per share.

The debut followed ArMee Infotech’s ₹300 crore IPO, which received 2.62 times overall subscription during the September 23–25 bidding period.

ArMee Infotech Shares Debut At ₹375

ArMee Infotech shares started trading at ₹375, the same as the final IPO price of ₹375. The company had fixed its IPO price band at ₹350–₹375 per share, with the final issue price set at the upper end of the band.

The shares therefore made a flat debut compared with the price at which they were allotted to investors.

Shares Trade 8.81% Below Listing Price

After debuting at ₹375, ArMee Infotech shares moved lower during the morning session. At 10:16:08 AM IST, the stock was trading at ₹341.95.

The price was ₹33.05, or 8.81% below the ₹375 listing price. As the listing price and IPO issue price were both ₹375, the stock was also 8.81% below the issue price at the time of the market snapshot.

₹300 Crore IPO Entirely Fresh Issue

ArMee Infotech raised ₹300 crore through an entirely fresh issue of equity shares.

The issue comprised 80,00,000 shares, with the company offering the shares in the price band of ₹350–₹375 per share. The entire issue proceeds came through the fresh issue component.

The company had 2,37,31,386 shares outstanding before the IPO, which increased to 3,17,31,386 shares after the issue.

IPO Received 2.62 Times Subscription

The ArMee Infotech IPO received 2.62 times overall subscription by the close of bidding on September 25.

The QIB category, excluding anchor investors, was subscribed 3.20 times, while the NII portion received 2.24 times subscription. The retail category was subscribed 2.65 times.

Overall, investors placed bids for 1,81,59,240 shares against 69,35,000 shares offered. The IPO received a total of 2,49,675 applications.

NII Category Gets 2.24 Times Subscription

The NII category received bids for 40,36,760 shares against 18,00,000 shares offered, resulting in subscription of 2.24 times.

Within the NII segment, applications above ₹10 lakh were subscribed 1.49 times, while applications below ₹10 lakh received 3.74 times subscription.

NII subscription increased from 0.93 times on September 24 to 2.24 times on the final bidding day.

Retail Investors Subscribe 2.65 Times

The retail portion received bids for 1,11,26,280 shares against 42,00,000 shares offered, taking subscription to 2.65 times.

The IPO lot size was fixed at 40 shares. At the upper end of the price band, the minimum retail application required ₹15,000.

Retail subscription increased from 1.45 times on September 24 to 2.65 times on the final bidding day.

QIB Portion Subscribed 3.20 Times

The QIB portion excluding the anchor allocation was subscribed 3.20 times.

Investors in this category placed bids for 29,96,200 shares against 9,35,000 shares offered. QIB subscription stood at 1.00 times on September 23 and September 24 before increasing to 3.20 times on the final bidding day.

The anchor portion comprised 10,65,000 shares.

ArMee Infotech IPO Lot Size And Issue Details

The IPO lot size was fixed at 40 shares, with the retail application amount at the upper price-band level standing at ₹15,000.

The issue opened on September 23, 2026, and closed on September 25. The basis of allotment was scheduled for September 28, while shares were credited to successful applicants on September 29.

ArMee Infotech shares were listed on NSE and BSE on September 30, 2026.

ArMee Infotech Listing Follows IPO Subscription Of 2.62 Times

The company entered the secondary market at ₹375 on September 30, matching its ₹375 IPO issue price.

At 10:16:08 AM IST, ArMee Infotech shares were trading at ₹341.95, representing an 8.81% decline from the listing price and the IPO issue price.

Conclusion

ArMee Infotech shares debuted at ₹375 on NSE and BSE, in line with the ₹375 IPO price. By 10:16:08 AM IST, the shares were trading at ₹341.95, down 8.81% from the listing price and the issue price. The ₹300 crore IPO received 2.62 times overall subscription, with QIB, NII and retail portions subscribed 3.20 times, 2.24 times and 2.65 times, respectively.

Source:

• https://www.nseindia.com/get-quote/equity/ARMEE/ArMee-Infotech-Limited