ArMee Infotech IPO Subscription
ListedUpdated 30 September 2026, 9:15 AM IST· Mainboard
ArMee Infotech IPO subscription closed on 25 September 2026 at 2.62x overall by shares. QIB demand came in at 3.20x, NII at 2.24x, and retail at 2.65x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 28 September 2026. Listing date on NSE and BSE is 30 September 2026.
ArMee Infotech IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Sept 2026 | 1.00x | 0.42x | 0.54x | 0.57x |
| Day 2 - 24 Sept 2026 | 1.01x | 0.93x | 1.45x | 1.26x |
| Day 3 - 25 Sept 2026 | 3.20x | 2.24x | 2.65x | 2.62x |
ArMee Infotech IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
ArMee Infotech IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 2.33x | 1 in 2 |
| SHNI (Rs 2L to Rs 10L) | 3.53x | 1 in 4 |
| BHNI (above Rs 10L) | 0.24x | Very high |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the ArMee Infotech IPO Allotment Status page from 28 September 2026 for your result.
ArMee Infotech IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 375.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 35.06 Cr | Rs 112.36 Cr | 3.20x |
| FII | - | Rs 76.89 Cr | - |
| DFI | - | Rs 2.10 L | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 35.45 Cr | - |
| NII | Rs 67.50 Cr | Rs 151.34 Cr | 2.24x |
| bNII (above Rs 10L) | Rs 45.00 Cr | Rs 67.16 Cr | 1.49x |
| Corporate | - | Rs 1.22 Cr | - |
| Individual | - | Rs 62.93 Cr | - |
| Other | - | Rs 3.01 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 22.50 Cr | Rs 84.18 Cr | 3.74x |
| Corporate | - | Rs 93.15 L | - |
| Individual | - | Rs 79.71 Cr | - |
| Other | - | Rs 3.54 Cr | - |
| Retail | Rs 157.50 Cr | Rs 417.14 Cr | 2.65x |
| Cut-off price | - | Rs 368.01 Cr | - |
| Fixed price | - | Rs 49.13 Cr | - |
| Total | Rs 260.06 Cr | Rs 680.83 Cr | 2.62x |
ArMee Infotech IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 9,35,000 | 1,275 | 0.00x |
| FII | - | 1,266 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 9 | - |
| NII | 3,214 | 4,283 | 1.33x |
| bNII (above Rs 10L) | 2,143 | 507 | 0.24x |
| Corporate | - | 13 | - |
| Individual | - | 480 | - |
| Other | - | 14 | - |
| sNII (Rs 2L to Rs 10L) | 1,071 | 3,776 | 3.53x |
| Corporate | - | 30 | - |
| Individual | - | 3,578 | - |
| Other | - | 168 | - |
| Retail | 1,05,000 | 2,44,214 | 2.33x |
| Cut-off price | - | 2,15,083 | - |
| Fixed price | - | 29,131 | - |
| Total | 10,43,214 | 2,49,772 | 0.24x |
What Do These Subscription Numbers Mean?
2.62x overall by shares means bids covered about 3 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 3.20x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (1.33x by applications). Split: SHNI 3.53x, BHNI 0.24x by applications. SHNI and BHNI allotment is by lottery.
At 2.33x subscription by applications, about 1 in 2 retail applicants may get allotment (~43% chance per application). Retail allotment is also by lottery.
ArMee Infotech IPO GMP After Subscription
GMP for ArMee Infotech IPO stands at Rs 6.00 today, giving an estimated listing price of Rs 381.00 per share.
The GMP has been mixed from Rs 1.00 on 19 Sept 2026 to Rs 6.00 on 30 Sept 2026.
A subscription of 2.62x combined with a GMP of 1.60% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the ArMee Infotech IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
ArMee Infotech IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 September 2026 |
| IPO Close Date | 25 September 2026 |
| Allotment Date | 28 September 2026 |
| Refund Initiation | 29 September 2026 |
| Share Credit to Demat | 29 September 2026 |
| Listing Date | 30 September 2026 |
| Minimum Investment | Rs 15,000.00 |
| Lot Size | 40 shares |
About ArMee Infotech IPO
Incorporated in 2011 (with business roots tracing back to 2003 as part of the ArMee Group and earlier partnership M/s Armee Infotech), ArMee Infotech Limited is an Ahmedabad-based enterprise IT infrastructure solutions and managed services provider. The company delivers end-to-end digital transformation and technology integration across government bodies, PSUs, BFSI, education, and corporate clients. Its operations span four strategic verticals: IT Infrastructure Solutions (servers, cloud integration, interactive flat panels, hardware procurement, and maintenance), IT Managed Services (skilled technical manpower, facility management, and AMCs), Retail Experience Zones (interactive retail stores partnering with major consumer brands like Acer), and Renewable Energy Space (turnkey solar EPC projects, long-term solar PPAs under PM-KUSUM, and battery energy storage systems).
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
ArMee Infotech IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
ArMee Infotech IPO Details
Issue size, price, financials, and company info
ArMee Infotech IPO GMP
Live grey market premium and listing estimate
ArMee Infotech IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
ArMee Infotech IPO Allotment
Allotment date, chances, and check by PAN
ArMee Infotech IPO Review
SWOT, strengths, risks, and IPO review
ArMee Infotech IPO FAQ
Common questions on dates, GMP, and allotment
ArMee Infotech IPO Registrar
Registrar website and how to check allotment
ArMee Infotech IPO Timeline
Open, close, allotment, and listing dates
ArMee Infotech IPO News
Updates, blogs, and latest IPO news
ArMee Infotech IPO Subscription FAQs
What is ArMee Infotech IPO subscription status today?
ArMee Infotech IPO subscription closed on 25 September 2026 with overall subscription of 2.62x (by shares) as of 10 October 2026, 1:47 AM IST. QIB 3.20x, NII 1.33x, Retail 2.33x.
What is the overall subscription of ArMee Infotech IPO?
ArMee Infotech IPO is subscribed 2.62x overall by shares at close on 25 September 2026. QIB 3.20x, NII 1.33x, and Retail 2.33x.
What is ArMee Infotech IPO QIB subscription?
ArMee Infotech IPO QIB (Qualified Institutional Buyers) subscription is 3.20x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is ArMee Infotech IPO Retail subscription?
ArMee Infotech IPO Retail subscription is 2.33x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is ArMee Infotech IPO NII, SHNI, and BHNI subscription?
ArMee Infotech IPO NII subscription is 1.33x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 3.53x and BHNI (above Rs 10L) at 0.24x.
What are ArMee Infotech IPO retail allotment chances?
At 2.33x subscription by applications, about 1 in 2 retail applicants may get allotment (~43% chance per application). Allotment is by lottery.
What are ArMee Infotech IPO SHNI allotment chances?
At 3.53x subscription by applications, about 1 in 4 SHNI applicants may get allotment (~28% chance per application). Allotment is by lottery.
What are ArMee Infotech IPO BHNI allotment chances?
ArMee Infotech IPO BHNI share subscription is 1.49x. Application data is needed for exact lottery chances.
When is ArMee Infotech IPO allotment date?
ArMee Infotech IPO allotment date is 28 September 2026. Check ArMee Infotech IPO Allotment Status on IPOwiz from that day using your PAN.
When does ArMee Infotech IPO subscription close?
ArMee Infotech IPO subscription closed on 25 September 2026. No new applications are accepted after the close.
What is ArMee Infotech IPO GMP today?
ArMee Infotech IPO GMP is ₹6 today (+1.60% over issue price ₹375). See live GMP on the ArMee Infotech IPO GMP Today page.
What is ArMee Infotech IPO issue price and lot size?
ArMee Infotech IPO issue price is ₹375 per share. Lot size is 40 shares. Minimum investment is ₹15,000 per lot. Issue size: ₹300.00 Cr.
When is ArMee Infotech IPO listing date?
ArMee Infotech IPO listing date is 30 September 2026 on NSE and BSE. Allotment is on 28 September 2026.
How does subscription affect ArMee Infotech IPO allotment?
In ArMee Infotech IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 2.62x overall, competition is moderate.
For allotment results from 28 September 2026, visit the ArMee Infotech IPO Allotment Status page. For listing day updates on 30 September 2026, download the IPOwiz App.
Sources
We match ArMee Infotech IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.