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Armee Infotech Ltd IPO Day 2 Subscription Status

Armee Infotech Ltd

IPO Day 2 Subscription Status

Armee Infotech Ltd IPO Day 2 Subscription Status

Armee Infotech Ltd IPO Day 2 Subscriptions details: check bidding details

Armee Infotech Ltd IPO day 2 subscription details:

The initial public offering of Armee Infotech Ltd ended the second day with investors bidding 1.00 the available shares on offer worth 300.00. The retail investor portion of the IPO was subscribed 1.15 times the available shares on offer. Retail investors have 60.56% of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers' (QIB) portion of the IPO got bids for 0.94 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non-institutional investors quota got bids for 0.69 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Read More: Armee Infotech Ltd IPO day 1 subscriptions details

Here's a snapshot of the subscription details:

Investor CategorySubscription (Times)
Qualified Institutional Buyers (QIB)0.94
Non-Institutional Investors (NII)0.69
Retail Individual Investors (RII)1.15
Total2.78

Armee Infotech Ltd IPO details :

Armee Infotech Ltd's IPO consists of a fresh issue of ₹300.00. The IPO’s price band is ₹350 – ₹375 per share. The company’s shares will be listed on BSE, NSE on 30 Sep 26.

Here are the key details of Armee Infotech Ltd IPO

Offer for sale: 0.00 shares

Fresh issue: 300.00

Price Band: ₹350 – ₹375 per share

Bid open dates: 23 Sep 26

Allotment date: 28 Sep 26

Listing date: 30 Sep 26

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