ArMee Infotech IPO allotment is scheduled for Monday, 28 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.

Key Takeaways

  • Allotment date: ArMee Infotech IPO allotment is expected to be finalised on Monday, 28 September 2026.
  • Fresh issue, no OFS: The entire ₹300 crore issue is a fresh issue of 80,00,000 shares — there is no offer-for-sale component.
  • Price band: Shares are priced between ₹350 and ₹375 each, with a minimum lot of 40 shares (₹15,000 at the upper band).
  • Registrar: Cameo Corporate Services Ltd. is processing the allotment; status can be checked at ipo.cameoindia.com.
  • Listing date: ArMee Infotech shares are tentatively set to list on BSE and NSE on Wednesday, 30 September 2026.
  • Non-allottee refunds: ASBA amounts for unallotted applications are expected to unblock on Tuesday, 29 September 2026.

ArMee Infotech IPO: Key Details at a Glance

IPO NameArMee Infotech Limited
Issue TypeMainboard IPO
Listing AtBSE, NSE
Price Band₹350 to ₹375 per equity share
Face Value₹10 per equity share
Lot Size40 shares
Minimum Retail Investment₹15,000 (40 shares × ₹375)
Issue Size₹300 crore (80,00,000 equity shares) — entirely a fresh issue
Offer for Sale ByNone — this is an entirely fresh issue
Lead ManagersKhandwala Securities Ltd., Saffron Capital Advisors Pvt. Ltd.
RegistrarCameo Corporate Services Ltd.

What is the ArMee Infotech IPO Timeline?

IPO OpensWednesday, 23 September 2026
IPO ClosesFriday, 25 September 2026
Basis of Allotment Finalisation (Expected)Monday, 28 September 2026 (Tentative)
Refund Initiation (Non-Allottees)Tuesday, 29 September 2026 (Tentative)
Credit of Shares to Demat AccountTuesday, 29 September 2026 (Tentative)
Listing DateWednesday, 30 September 2026 (Tentative)

When Will ArMee Infotech IPO Allotment Be Out?

ArMee Infotech’s bidding window closes on Friday, 25 September 2026. Under SEBI’s standard T+1 allotment framework, the registrar, Cameo Corporate Services Ltd., finalises the basis of allotment on the next working day after the issue closes. Since 26 and 27 September 2026 fall on a weekend, that next working day shifts to Monday, 28 September 2026; the allotment status is expected to become visible.

Refunds for investors who weren’t allotted shares (via automatic ASBA unblocking) and the credit of shares into successful applicants’ demat accounts typically follow one working day later, on Tuesday, 29 September 2026, ahead of the tentative listing of ArMee Infotech on BSE and NSE on Wednesday, 30 September 2026.

How to Check ArMee Infotech IPO Allotment Status

Method 1: Via Cameo Corporate Services Ltd. (Registrar)

Cameo Corporate Services Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.

Method 2: Via BSE

  • Visit the BSE Application Status Check page.
  • Select “ArMee Infotech Limited” as the issue name.
  • Enter your Application Number and PAN.
  • Submit to view your status. Data stays available on BSE for about a week after issue closure.

Method 3: Via NSE

  • Visit NSE’s bid verification page.
  • Complete one-time registration with your PAN if you haven’t already.
  • Select “ArMee Infotech Limited” and view your application status.

How is the Basis of Allotment Decided?

The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including ArMee Infotech. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.

What Happens If You’re Not Allotted Shares?

If you did not receive an allotment in the ArMee Infotech IPO, no separate action is required. Because the issue is processed entirely through ASBA, the funds blocked in your bank account for shares you weren’t allotted are automatically released rather than refunded as a separate transaction. This unblocking is expected on Tuesday, 29 September 2026, the same day allotted investors see shares credited to their demat accounts. If the hold on your funds hasn’t cleared within a day or two of that date, check with your bank or UPI app before raising it with the registrar.

What Will ArMee Infotech Do With the IPO Proceeds?

The entire ₹300 crore ArMee Infotech IPO is a fresh issue, so all of the money raised (net of issue expenses) goes to the company itself; there is no offer-for-sale component, so no portion of the proceeds is being paid out to existing shareholders. As per the company’s offer documents, the net proceeds are earmarked for three specific purposes plus a general corporate reserve: approximately ₹155 crore toward funding performance bank guarantees (PBGs) required to bid for and execute new government and public-sector-undertaking (PSU) projects, ₹60 crore toward funding the company’s working capital requirements as its project pipeline grows, and ₹6.5 crore toward prepaying or repaying a portion of its outstanding borrowings. The remaining balance, after accounting for issue-related expenses, is allocated to general corporate purposes.

What is ArMee Infotech Limited?

ArMee Infotech Limited is an Ahmedabad, Gujarat-headquartered IT infrastructure and managed services company whose business traces back to 2003. Its current corporate form was originally incorporated in 2011 as Blossom Infraspace Private Limited, before it acquired the business of the partnership firm M/s ArMee Infotech and was renamed ArMee Infotech Private Limited in 2017; it converted into a public limited company in April 2024 ahead of this listing.

The company operates across four verticals: IT infrastructure (supply, installation, integration and maintenance of hardware and software, largely for government and PSU digitisation projects such as education ICT programs), IT managed services (technical staffing, training and annual maintenance contracts), retail (consumer-electronics “Experience Zone” stores, including single-brand Acer outlets), and a newer renewable energy vertical (solar EPC projects, owned solar parks with power purchase agreements, and battery energy storage systems).

As of 30 June 2026, ArMee Infotech had 99 ongoing projects and a workforce of 263 employees supported by roughly 1,648 contractual workers. The company has a SEBI-defined promoter group led by Ridhish Kiritbhai Patel (Chairman and Managing Director) along with Ami Ridhish Patel (Whole Time Director) and Kiritkumar Chimanbhai Patel, together holding 92.72%% of the equity before the issue; this will come down to 69.35%% once the fresh issue shares are allotted.

FAQs

When will the ArMee Infotech IPO allotment be finalised?

The basis of allotment is expected to be finalised on Monday, 28 September 2026, one working day after the issue closes on Friday, 25 September 2026 (adjusted for the intervening weekend).

How can I check my ArMee Infotech IPO allotment status?

You can check it on registrar Cameo Corporate Services’ website (ipo.cameoindia.com) using your PAN, application number, or DP/Client ID, or via the allotment-status pages on the BSE and NSE websites.

Does the ArMee Infotech IPO include an offer for sale (OFS)?

No. The entire ₹300 crore issue is a fresh issue of 80,00,000 equity shares; there is no offer-for-sale component and no selling shareholders.

What is the price band and lot size for the ArMee Infotech IPO?

The price band is ₹350 to ₹375 per share, with a minimum lot of 40 shares, requiring a minimum retail investment of ₹15,000 at the upper end of the band.

When will ArMee Infotech shares list on the stock exchanges?

ArMee Infotech shares are tentatively scheduled to list on both BSE and NSE on Wednesday, 30 September 2026.

What happens if I am not allotted shares in the ArMee Infotech IPO?

The ASBA-blocked amount in your bank account is automatically unblocked, expected around Tuesday, 29 September 2026; no separate refund request is needed.

Who is the registrar for the ArMee Infotech IPO?

Cameo Corporate Services Ltd. is the registrar handling allotment processing and status checks for the ArMee Infotech IPO.

What will ArMee Infotech do with the IPO proceeds?

Since the issue is entirely fresh, all net proceeds go to the company, mainly to fund performance bank guarantees for new government/PSU project bids (about ₹155 crore), working capital (about ₹60 crore), partial debt repayment (about ₹6.5 crore), and general corporate purposes.

Who are the promoters of ArMee Infotech?

ArMee Infotech’s promoters are Ridhish Kiritbhai Patel (Chairman & Managing Director), Ami Ridhish Patel (Whole Time Director), and Kiritkumar Chimanbhai Patel, together holding 92.72%% of the company before the issue.

What does ArMee Infotech do?

ArMee Infotech is an Ahmedabad-based IT infrastructure and managed services company that also runs consumer-electronics retail stores and, more recently, a renewable energy business spanning solar EPC and battery storage.