Armee Infotech Ltd
Pre Issue Shares
2,37,31,386
No. of Shares Issued
-
Pre Issue Equity Amt.
₹23.73 Cr
DP Filling Date
21 June 2024
Armee Infotech Ltd IPO Timeline
Armee Infotech Limited was originally incorporated as 'Blossom Infraspace Private Limited' a Private Limited Company dated February 8, 2011 issued by the Registrar of Companies, Gujarat at Dadra and Nagar Haveli. Thereafter, the name of Company was changed to 'ArMee Infotech Private Limited' and a fresh Certificate of Incorporation upon change of name was issued by the RoC on April 21, 2017. Upon conversion of Company into a Public Limited, the name of Company has changed to 'ArMee Infotech Limited' and a fresh Certificate of Incorporation has been issued to the Company by the RoC on April 24, 2024.
Armee Infotech Ltd IPO Details
| Armee Infotech Ltd IPO Date | - |
| Armee Infotech Ltd IPO Face Value | - |
| Armee Infotech Ltd IPO Price | - |
| Armee Infotech Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ami Ridhish Patel, Kritikumar Chimanbhai Patel, Ridhish Kirtibhai Patel |
- Strengths
- Risks
- Opportunities
- Proven track record in executing projects for Government and PSU clients.
- Consistent track record of financial performance.
- Ability to service IT Infrastructure solutions and IT managed services to clients engaged in diverse sectors.
- Experienced Board of Directors and management with extensive domain knowledge.
Company Financials
Armee Infotech Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2023 | 216.05 | 515.67 | 16.57 |
| 03-2022 | 124.42 | 127.45 | 3.36 |
| 03-2021 | 118.39 | 106.25 | 3.73 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Augmentation of working capital requirements of the company
- Prepayment or repayment of certain outstanding borrowings availed by the company
- General corporate purposes
Armee Infotech Ltd IPO Prospectus
Armee Infotech Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
No. 17 Goyal IntercityB/h Drive in Cinema Thaltej Rd,Ahmedabad-380058
Phone: +91 79 4911 4911
Email: cs@armeeinfotech.com
Website: www.armeeinfotech.com
Armee Infotech Ltd IPO Registrar
Armee Infotech Ltd IPO Lead Manager(s)
- Khandwala Securities Ltd
- Saffron Capital Advisors Pvt Ltd