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ArMee Infotech IPO Subscription Status Day 1: Issue Subscribed 0.57 Times

Authored By HDFC SKY | Published at: Sep 23, 2026 06:09 PM IST

ArMee Infotech IPO Day 1 subscription stood at 0.57x as of 5:04:40 PM on September 23, 2026, with retail at 0.54x, NII at 0.42x and QIB at 1.00x.

ArMee Infotech IPO Subscription Status Day 1

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Mumbai, September 23: ArMee Infotech IPO opened for subscription on September 23, 2026, and will close on September 25, 2026. The book-built public issue comprises an entirely fresh issue of 80,00,000 shares aggregating up to ₹300 crore. The price band is fixed at ₹350 to ₹375 per share, while the lot size is 40 shares.

ArMee Infotech IPO Day 1 Subscription Status

The Day 1 subscription data was recorded at 5:04:40 PM on September 23, 2026. The overall public issue subscription and category-wise figures are shown below.

Category Subscription
QIB (Ex Anchor) 1.00x
NII 0.42x
Individual Investors 0.54x
Total 0.57x

The anchor investor portion is excluded from the total public subscription calculation.

Category-wise ArMee Infotech IPO Subscription Status

The issue comprises 80,00,000 shares in total. Of this, 20,00,000 shares are reserved for QIBs, 18,00,000 shares for NIIs and 42,00,000 shares for retail investors. The QIB allocation includes 10,65,000 shares allotted to anchor investors and 9,35,000 shares for QIBs excluding the anchor portion.

Investor Category Shares Offered Shares Bid For Total Amount (₹ Cr) Subscription
Anchor 10,65,000 10,65,000 39.938 1.00x
QIB (Ex Anchor) 9,35,000 9,35,560 35.083 1.00x
NII 18,00,000 7,53,640 28.262 0.42x
NII (> ₹10L) 12,00,000 4,92,920 18.484 0.41x
NII (< ₹10L) 6,00,000 2,60,720 9.777 0.43x
Individual Investors 42,00,000 22,62,640 84.849 0.54x
Total Public Issue 69,35,000 39,51,840 148.194 0.57x

The issue had received 49,265 applications at the time of the Day 1 update.

ArMee Infotech Day-Wise Subscription Summary

The issue opened for bidding on September 23, 2026. The latest subscription data was recorded at 5:04:40 PM on the opening day.

Date QIB (Ex Anchor) NII NII (> ₹10L) NII (< ₹10L) Retail Total
September 23, 2026 (Day 1) 1.00x 0.42x 0.41x 0.43x 0.54x 0.57x

ArMee Infotech IPO Timeline

IPO Milestone Date
Issue Open Date September 23, 2026
Issue Close Date September 25, 2026
Basis of Allotment Date September 28, 2026
Initiation of Refunds September 29, 2026
Credit of Shares September 29, 2026
Listing Date September 30, 2026

Brief Overview Of The IPO

ArMee Infotech is raising ₹300 crore through an entirely fresh issue of 80,00,000 equity shares. The book-built IPO has a price band of ₹350 to ₹375 per share and a face value of ₹10 per share. The lot size is 40 shares. The minimum application for retail investors is one lot, comprising 40 shares, requiring ₹15,000 at the upper end of the price band.

ArMee Infotech operates as an IT infrastructure and systems integration company, with services covering IT hardware and software, installation and integration, managed services and digitisation projects. The company states that it focuses on government, public sector, BFSI and education projects, with operations across multiple locations in India. The IPO is scheduled to list on the BSE and NSE platforms on September 30, 2026. Khandwala Securities Ltd. is the book running lead manager, while Cameo Corporate Services Ltd. is the registrar to the issue.

Source: 

  • https://www.nseindia.com/market-data/issue-information?symbol=ARMEE&series=EQ&type=Active
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