Armee Infotech IPO

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Issue size	Rs. 0 Cr
Price band	Rs. 0 to 0 per equity share
Bid lot	0 shares and in multiples thereof
Issue break-up	QIB - Rs. 0.0 Cr
	HNI - Rs. 0.0 Cr
	RET - Rs. 0.0 Cr
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Company Details

We are an IT Infrastructure solutions and IT managed services company headquartered in Ahmedabad, Gujarat. We are sector agnostic and service a wide variety of projects for both Government/public sector undertakings (PSUs) and private sector with a focus on Government/PSU projects and a predominant presence in the state of Gujarat.

Under IT Infrastructure solutions, we provide IT hardware and software (e.g., computers, servers, interactive panels and their peripherals), work on the installation and integration of the hardware and software as per the client requirements, and also provide maintenance of the IT Infrastructure installed by us for periods as may be specified under the relevant contracts. To ensure seamless transition for our clients, we also provide functional training of the IT Infrastructure installed by us.

We have undertaken multiple projects under the IT Infrastructure solutions segment including setting up of ICT labs, smart classes, installing digital infrastructure for public distribution system, mobile workforce management, and digitalization of primary agriculture credit societies etc. The projects undertaken by us are for a specific contractual period. The revenue generated from operations in IT Infrastructure solutions segment was ₹ 49,998.43 lakhs or 89.25% of our total revenue from operations for the nine months period ended December 31, 2023, ₹ 40,844.98 lakhs or 81.25% of our total revenue from operations for Fiscal 2023, ₹ 7,528.69 lakhs or 60.14% of our total revenue from operations for Fiscal 2022, and ₹ 6,226.79 lakhs or 59.27% of our total revenue from operations for Fiscal 2021, reflecting a CAGR of 156.12% between Fiscal 2021 and Fiscal 2023.

Under IT managed services category, in addition to providing IT Infrastructure solutions as mentioned above, we also provide technical manpower, skill development training and offer annual maintenance services. Our employees provide on-site and offsite operational support and maintenance of the IT infrastructure, as may be specified under the relevant contracts. IT managed services are typically delivered under a service level agreement and payments are made at pre-defined intervals or as per contractual terms.

The revenue generate from operations in IT managed services segment was ₹ 6,019.54 lakhs or 10.75% of our total revenue from operations for nine months period ended December 31, 2023, ₹ 9,424.53 lakhs or 18.75% of our total revenue from operations for Fiscal 2023, ₹ 4,989.29 lakhs or 39.86% of our total revenue from operations for Fiscal 2022, and ₹ 4,278.50 lakhs or 40.73% of our total revenue from operations for Fiscal 2021, reflecting a CAGR of 48.42 % between Fiscal 2021 and Fiscal 2023.

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Once the exchange receives details about your bid, you will get a notification (IPO mandate request) on your UPI app and an SMS as well. Log in to your UPI app and go to the pending mandates section.
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Price: 133 - 140 | IPO Lot Size: 1000 | IPO Issue Size: NA
Open Date: 23 Apr 2025 | Close Date: 25 Apr 2025

Armee Infotech IPO

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Company Details

How to apply for an IPO on the Mirae Asset Sharekhan app

How to apply for an IPO on the Mirae Asset Sharekhan website

How does an IPO work?

IPO Calendar

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