ArMee Infotech’s IPO opened for subscription on September 23.
The price band has been set at Rs 350 to Rs 375 per share.
The issue is a fresh issue of 80 lakh equity shares worth Rs 300 crore.
It will remain open until September 25, with listing tentatively set for September 30 on NSE and BSE.
The lot size for retail investors is 40 shares.
ArMee Infotech’s IPO opened for subscription on September 23, 2026.
The issue will remain open for bidding until September 25.
The price band has been fixed at Rs 350 to Rs 375 per share.
The lot size for retail investors has been set at 40 shares.
At the upper end of the price band, the minimum retail investment works out to about Rs 15,000.
The book-built issue is an entirely fresh issue of 80 lakh equity shares, worth Rs 300 crore.
Allotment for the IPO is expected to be finalised on September 28.
The shares are tentatively scheduled to list on the NSE and BSE on September 30.
In the grey market, the issue was reported to be commanding a modest premium ahead of listing, though grey market activity is unofficial and not regulated.
A grey market premium reflects unofficial trading sentiment before an IPO lists, and is not a guaranteed indicator of listing-day performance.
IPO investors are advised to review a company’s red herring prospectus for full financial and risk disclosures before subscribing.
India’s IPO market has seen a steady stream of new listings across sectors through 2026.
The NSE and BSE are India’s two main stock exchanges, both based in Mumbai.
A book-built IPO allows the final issue price to be discovered through investor bidding within the announced price band.
IPO proceeds from a fresh issue typically go toward the company’s own business needs, such as expansion or debt repayment, rather than existing shareholders cashing out.
Bombay Stock Exchange building, Mumbai (representative image), Wikimedia Commons, CC BY 2.0
