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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Funding Government and PSU Project Guarantees
Allocated for procuring performance bank guarantees required to secure and execute large public sector technology and infrastructure contracts.
Meeting Incremental Working Capital Needs
Allocated to support expanding operational scale across IT infrastructure deployment and managed services assignments.
Prepayment or Repayment of Certain Outstanding Borrowings
Allocated for full or partial repayment of existing credit facilities to reduce debt service costs and optimize capital structure.
(₹ in Crore)
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ArMee Infotech Limited, established in 2003 and headquartered in Ahmedabad, Gujarat, operates as an integrated provider of information technology infrastructure solutions and managed enterprise services. The firm designs, deploys, and maintains end to end IT infrastructure for public and corporate clients across India. Its core operational capabilities encompass system integration, network architecture engineering, hardware provisioning, software deployment, and ongoing technical maintenance. The enterprise serves a broad spectrum of institutional clients, including central and state government departments, public sector undertakings, financial institutions, educational entities, and private corporations. The company maintains an expansive project presence across key Indian states such as Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, and Uttar Pradesh. Its operational backbone relies on a workforce of over 260 permanent technical and administrative professionals supported by an extensive field deployment network. Beyond its primary IT infrastructure division, the organization has extended its operations into clean energy infrastructure and retail distribution. The renewable energy business segment provides solar engineering, procurement, and construction services along with solar power purchase contracts. Concurrently, the business operates specialized consumer electronics experience centers, creating a multi dimensional service framework that spans public sector digital transformation and clean energy infrastructure development.
ArMee Infotech Limited raised Rs 39.94 crore in its anchor investor allocation round on September 22, 2026, allotting 10,65,000 equity shares at Rs 375 per share. Key participants included Abundantia Capital VCC, Vikasa India EIF-I Fund, AMITSG Ventures Fund, and VBCUBE Ventures Trust.
Source: RHP • Analysis provided for informational purposes
Last Updated: 30 September 2026, 8:07 AM
Established Track Record in Public Sector Technology Projects
The enterprise has built significant domain experience in designing and executing large scale IT infrastructure and managed services contracts for government bodies and public enterprises.
Diversified Revenue Streams Across IT and Renewable Energy
Operations span core enterprise IT infrastructure, solar engineering and EPC projects, and specialized retail experience outlets, creating balanced business verticals.
Sustained Revenue Growth with Robust Profitability
The company has demonstrated steady top line revenue expansion exceeding Rs 1400 crore while maintaining solid Return on Equity and Return on Capital Employed metrics.
High Customer Concentration in Government Contracts
A substantial share of overall revenue depends on public sector tenders, making financial performance sensitive to procurement schedules and extended payment cycles.
Geographic Concentration in Select Indian States
A significant portion of operational project sites and revenue generation is concentrated in states like Gujarat, Maharashtra, and Tamil Nadu.
Substantial Working Capital Needs and Debt Levels
Executing multi-state infrastructure projects requires large working capital reserves, leading to higher short term borrowings and financial costs.
ArMee Infotech Limited
ArMee House, 17, Goyal Intercity, Goyal Intercity Row, House Thaltej Thaltej Road, Ahmedabad, Gujarat - 380054, India
View on Maps →Cameo Corporate Services Limited
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