ArMee Infotech IPO Opens Today Amid 3% Grey Market Premium
ArMee Infotech's Rs 300-crore initial public offering opens for subscription today with a three-day bidding window. The company's shares are tentatively scheduled to list on the NSE and BSE on September 30, 2026.
IPO Launch and Timeline
ArMee Infotech's initial public offering (IPO) opens for subscription today, September 23, 2026, giving investors a three-day bidding window. The Rs 300-crore public issue will remain open for investors until September 25, with allotment expected to be finalised on September 28, while the company's shares are tentatively scheduled to list on the National Stock Exchange (NSE) and BSE on September 30.
Market Premium and Investor Sentiment
In the grey market, the issue is currently commanding a 3% premium, indicating expectations of a modest listing gain. While this premium is smaller than some competing IPO offerings in the market, it still reflects positive investor sentiment toward the company's prospects.
Issue Composition
The book-built issue comprises an entirely fresh issue of 80 lakh equity shares worth Rs 300 crore. Unlike some IPOs that include offer-for-sale components, ArMee Infotech's offering is wholly focused on raising new capital for the company rather than providing liquidity to existing shareholders.
Subscription Period
Investors have three days to place bids in the IPO, with the subscription window closing on September 25. Following the standard IPO process, share allotment will occur on September 28, allowing successful applicants to be notified before the stock market listing scheduled for September 30, 2026.