ArMee Infotech IPO Day 2: Subscription Status on 24 September 2026
- September 24, 2026
- Posted by: Harsh Piplani
- Category: IPO
ArMee Infotech IPO Day 2, 24 Sep 2026. Subscribed 0.57x at Day 1 close. Price band Rs 350-375. Closes 25 Sep. Lists on NSE and BSE.
Quick Answer
The ArMee Infotech IPO is on Day 2 of bidding on 24 September 2026, after a moderate opening day. The ArMee Infotech IPO closed Day 1 subscribed 0.57 times overall, still below full subscription. Bidding for the ArMee Infotech IPO remains open until 25 September 2026, and investors should track the live category wise numbers on NSE and BSE through the day.
The issue has entered Day 2 of its three day bidding window, which opened on 23 September and closes on 25 September 2026. ArMee Infotech Limited, an IT infrastructure solutions and managed services company, is raising about Rs 300 crore entirely through a fresh issue, and the shares are proposed to list on both NSE and BSE.
Day 1 bidding for the issue closed with the issue subscribed 0.57 times overall, a moderate start for this mainboard issue. With two sessions still remaining, including the 25 September close, and institutional bids typically arriving closer to the deadline, there is room for the book to build further.
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ArMee Infotech IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 23 September 2026 |
| Close Date | 25 September 2026 |
| Price Band | Rs 350 to Rs 375 per share |
| Lot Size | 40 shares |
| Issue Size | Rs 300 crore (entirely fresh issue) |
| Issue Type | Book Built Issue |
| Listing At | NSE and BSE |
| Allotment Date | 28 September 2026 |
| Listing Date | 30 September 2026 |
ArMee Infotech IPO Subscription Status Day 2
Bidding for the issue is updated through the trading session on NSE and BSE. The table below shows the position at the close of Day 1 along with the overall figure recorded so far on Day 2.
| Session | Overall Subscription |
|---|---|
| Day 1 close (23 Sep) | 0.57 times |
| Day 2, so far (24 Sep) | Updating through the session |
The issue remains below full subscription heading into Day 2, and today’s session along with tomorrow’s close will determine how much further the book builds. Investors should check the live NSE and BSE numbers for the latest position.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the ArMee Infotech IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 350 to Rs 375 band, in multiples of 40 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 25 September.
Download the Univest iOS App or Univest Android App to apply for the issue before the 25 September close.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue has had a moderate start, closing Day 1 at 0.57 times overall, with two sessions still remaining before the 25 September close for demand to build. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the ArMee Infotech IPO subscription status on Day 2?
Ans. The issue closed Day 1 subscribed 0.57 times overall, and figures for Day 2, 24 September 2026, are updating through today’s session on NSE and BSE.
When does the ArMee Infotech IPO close?
Ans. The issue closes for subscription on 25 September 2026, having opened on 23 September 2026.
What is the ArMee Infotech IPO price band and lot size?
Ans. The issue price band is Rs 350 to Rs 375 per share, with a lot size of 40 shares, taking the minimum retail investment to about Rs 15,000 at the upper band.
Is the ArMee Infotech IPO fully subscribed?
Ans. The issue was running at 0.57 times through the Day 1 close, still below full subscription, with two sessions remaining before the 25 September deadline.
What is the ArMee Infotech IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the ArMee Infotech IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 40 shares within the Rs 350 to Rs 375 band and approving the UPI mandate before the daily cut off.
When will the ArMee Infotech IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 28 September 2026, with listing on both NSE and BSE tentatively scheduled for 30 September 2026.
What does ArMee Infotech Limited do?
Ans. ArMee Infotech Limited provides IT infrastructure solutions and managed services, including hardware, software, networking and digital infrastructure for government, corporate, BFSI and education clients, and has diversified into retail sales and renewable energy.
Who are the registrar and lead managers for the ArMee Infotech IPO?
Ans. Cameo Corporate Services Ltd is the registrar for the issue, while Khandwala Securities Ltd and Saffron Capital Advisors Pvt Ltd are the book running lead managers for the issue.
