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Open
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Close
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Allotment
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Listing
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Issue Size
3,00,00,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 |
|---|---|---|
| Assets | 490.97 | 673.50 |
| Total Income | 604.90 | 1,023.99 |
| Profit After Tax | 18.21 | 50.13 |
| NET Worth | 113.39 | 95.18 |
| Total Borrowing | 34.81 | 27.26 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ivalue Infosolutions Ltd. | Mainboard | ₹560.29 Cr | ₹299 | 18.77 | ₹281.85 | -5.74% | ₹283.95 (-2.38%) |
| GNG Electronics Ltd. | Mainboard | ₹460.43 Cr | ₹237 | 33.35 | ₹333.39 | +40.67% | ₹545.50 (+0.50%) |
| Marushika Technology Ltd. | SME | ₹26.97 Cr | ₹117 | 11.6 | ₹114.00 | -2.56% | ₹85.00 (-3.95%) |
| EPW India Ltd. | SME | ₹31.81 Cr | ₹97 | 18.36 | ₹116.55 | +20.15% | ₹267.00 (-3.26%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of business by procuring new Government/PSU projects. | 155.00 |
| 2 | Funding working capital requirements | 60.00 |
| 3 | Prepayment or repayment of certain outstanding borrowings availed by the Company. | 8.99 |
| 4 | General Corporate Purposes | |
| Total | 223.99 |
About ArMee Infotech IPO
ArMee Infotech Limited (AIL), founded in 2003, is an IT infrastructure solutions and managed services company based in Ahmedabad, Gujarat. As part of the ArMee Group, the company provides end-to-end IT solutions across various sectors, including government, corporate, banking, financial services, insurance (BFSI), and education. Key Business Areas: IT Infrastructure: Provides IT hardware, software, installation, integration, and maintenance services. IT Managed Services: Offers technical manpower, skill development training, and annual maintenance services. Retail Sales: Operates Experience Zones for IT, consumer electronics, and gaming products. Renewable Energy: Engaged in solar EPC projects and power purchase agreements (PPAs). As of September 30, 2024, the company had 20 ongoing projects, with 11 under the IT infrastructure category and 9 under IT managed services. Additionally, there were 183 projects where contractual obligations for execution and full payment were completed, but the warranty period was still active. Among the 20 ongoing projects, 13 were located in Gujarat, four in Maharashtra, and one each in Madhya Pradesh, Uttarakhand, and Bihar. Gujarat contributed 39.72
Contact Details
ArMee Infotech Ltd. Address17, Goyal Intercity,B/h Drive in Cinema,Thaltej RoadAhmedabad, Gujarat, 380058+ 91 79 4911 491cs@armeeinfotech.comVisit Website