ArMee Infotech IPO Listing: Shares List At A Discount Of Over 1% On BSE
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ArMee Infotech’s shares made a weak debut on the stock exchanges on 30 September 2026, listing at a discount of over 1% to the IPO issue price on the BSE. The stock opened at ₹368 and ₹375 on the BSE and NSE, respectively. Read more.
ArMee Infotech made its debut on stock exchanges today, i.e., 30 September 2026. The initial public offering (IPO) of ArMee Infotech was a mainboard issue and its shares were listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
The shares were listed at a discount of 1.64% compared with the IPO issue price of ₹375 per share in the upper price band on the BSE. On the NSE, the shares opened at ₹375 apiece, the upper end of the IPO price. On the BSE, the stock was listed at ₹368 apiece.
ArMee Infotech IPO And Subscription Details
The ArMee Infotech IPO carried a price band of ₹350–375 per share. It was open for subscription from 23 September to 25 September. The IPO’s size was pegged at ₹300 crore and had a lot size of 40 shares.
The issue consisted entirely of a fresh issue of 80 lakh equity shares. The ArMee Infotech IPO received an overall subscription of 2.44 times. The qualified institutional buyer (QIB) portion was subscribed 3.20 times, while the non-institutional investor (NII) category was booked 2.24 times. The retail portion was subscribed 2.65 times.
Khandwala Securities and Saffron Capital Advisors were the book-running managers of the IPO, while Cameo Corporate Services was the issue registrar.
About ArMee Infotech
Headquartered in Ahmedabad, ArMee Infotech was established in 2003 as an information technology (IT) infrastructure and managed services provider. It serves customers across government, corporate, education and banking, financial services and insurance (BFSI) sectors.
The company has since expanded beyond its traditional IT operations, with interests in retail sales and renewable energy.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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