ArMee Infotech’s Rs 300-crore IPO opened for subscription on September 23.
The price band is Rs 350 to Rs 375 per share, with a lot size of 40 shares.
The issue closes on September 25.
Allotment is expected on September 28, with listing on NSE and BSE tentatively set for September 30.
The issue is an entirely fresh issue of 80 lakh equity shares.
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.
Retail, non-institutional and qualified institutional investor categories each have separate allocation quotas in most Indian IPOs.
SEBI, the Securities and Exchange Board of India, regulates public issues and oversees disclosure requirements for companies going public.
Investors typically apply for IPO shares through their bank accounts using the ASBA (Applications Supported by Blocked Amount) process.
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.
Bombay Stock Exchange building, Mumbai (representative image), Wikimedia Commons, CC BY 2.0
