ArMee Infotech Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
ArMee Infotech Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of TBD. The offering comprises a fresh issue component of TBD.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.
ArMee Infotech Limited (AIL), founded in 2003 and based in Ahmedabad, is an IT infrastructure solutions and managed services company offering end-to-end IT services across sectors like government, corporate, BFSI, and education; as part of the ArMee Group, it operates in key areas such as IT infrastructure (including hardware, software, installation, and maintenance), IT managed services (technical manpower, training, and AMC services), retail sales through experience zones for electronics and gaming, and renewable energy through solar EPC projects and power purchase agreements. As of September 30, 2024, the company had 20 ongoing projects and 183 completed projects under warranty, with a strong presence mainly in Gujarat along with operations in Maharashtra and other states, and a workforce of 1,772 employees.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.
- Strong Execution in Public Sector Projects: The company has built solid expertise in handling large-scale government IT projects, ensuring consistent business opportunities.
- Multiple Business Verticals: Operates across IT infrastructure, system integration, and other emerging segments, helping diversify revenue sources.
- Rapid Business Growth: Has demonstrated fast expansion in both revenue and profits, showing strong demand and scalability of operations.
- Heavy Reliance on Government Orders: A significant portion of revenue depends on government contracts, which can be irregular and delayed.
- High Working Capital Needs: Project-based business requires continuous funding for execution, leading to pressure on cash flows.
- Thin Profit Margins: Operates in a competitive IT services space where pricing pressure can limit overall profitability.
- Ami Ridhish Patel
- Kiritkumar Chimanbhai Patel
- Ridhish Kiritbhai Patel
ArMee Infotech Limited
Cameo Corporate Services Limited