ArMee Infotech Ltd. has announced public offering of 8000000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 365.00 per share. The gross proceeds of the issue are expected to be Rs 30,000.00 lakhs.
The company's initial public offer (IPO) will open on 23 September 2026 and is expected to close on 25 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 350.00-375.00 per share.
The IPO includes a fresh Issue of 8000000 Equity Shares of the Company at an price of Rs 375.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 40 shares with bids in multiples of 40.
ArMee Infotech Ltd. anticipates using the proceeds of the issue for .
Saffron Capital Advisors Pvt. Ltd.,Khandwala Securities Ltd. as lead manager(s) & Cameo Corporate Services Ltd. is the registrar, to the issue.