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ArMee Infotech IPO Subscription Status

Q: What is the current subscription status of ArMee Infotech IPO?

As of IPO close date (25 Sep, 2026), the ArMee Infotech IPO is subscribed 2.44x times. Retail category is 2.47x, and NII is 2.09x subscribed.

Q: When is the allotment date for ArMee Infotech IPO?

The allotment for ArMee Infotech IPO is expected to be finalized on 28 September, 2026.

Q: What is the GMP of ArMee Infotech?

The Grey Market Premium (GMP) for ArMee Infotech is currently ₹6, indicating a potential listing gain of 1.60%.

Q: When will ArMee Infotech IPO list on the stock market?

ArMee Infotech is scheduled to list on BSE and NSE on 30 September, 2026.

Q: What are the chances of getting allotment in ArMee Infotech IPO?

The retail category is oversubscribed at 2.47x, meaning allotment is by lottery. Statistically, approximately 1 in 3 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

Q: What does QIB subscription of 2.99x mean for ArMee Infotech IPO?

Moderate — QIBs have subscribed 2.99x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

Q: How to check ArMee Infotech IPO allotment status?

After the allotment date (28 Sep, 2026), you can check your ArMee Infotech IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

ArMee Infotech IPO was subscribed 2.44 times when bidding closed on 25 Sep 2026: QIB 2.99x, NII 2.09x, Retail 2.47x.

The ArMee Infotech IPO has been subscribed 2.44x times overall. Retail investors have shown interest with bids for 2.47x the shares available. The Non-Institutional Investor (NII) category has been subscribed 2.09x. Within NII, Big HNI (B-HNI) subscribed 1.39x and Small HNI (S-HNI) subscribed 3.49x. Qualified Institutional Buyers (QIBs) have subscribed 2.99x. Data last updated on 30 Sep, 06:30 PM.

The IPO subscription period has ended. The issue opened on 23 Sep, 2026 and closes on 25 Sep, 2026. The shares are expected to list on stock exchanges on 30 Sep, 2026.

Full details Check GMP

Final subscription

2.44x

2,38,527 applications

Category-wise bids →

QIB

2.99x

Institutions · proportionate allotment

Why QIB matters →

NII / HNI

2.09x

bHNI 1.39x · sHNI 3.49x

HNI allotment odds →

Retail

2.47x

Lottery for 1 lot — about 1 out of 2 win

Retail allotment odds →

Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated 30 Sep 2026, 6:30 PM IST Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Category	Offered	Applied	Amount (Cr)	Bid details	Times
QIB	10,01,784	29,96,200	112.36 Cr	29,96,200 of 10,01,784 4 applications 112.36 Cr	2.99x
1(a) Foreign Institutional Investors (FIIs)		20,50,360	76.89 Cr	20,50,360 76.89 Cr
1(b) Domestic Financial Institutions (Banks/FIs/Insurance)		560	0.02 Cr	560 0.02 Cr
1(c) Mutual Funds		0	0.00 Cr	0 0.00 Cr
1(d) Others		9,45,280	35.45 Cr	9,45,280 35.45 Cr
NII	19,28,572	40,36,760	151.38 Cr	40,36,760 of 19,28,572 4,254 applications 151.38 Cr	2.09x
bHNI — bid amount above ₹10 Lakh	12,85,715	17,90,800	67.16 Cr	17,90,800 506 applications 67.16 Cr	1.39
2.1(a) Corporates		32,400	1.22 Cr	32,400 1.22 Cr
2.1(b) Individuals (other than RIIs)		16,78,120	62.93 Cr	16,78,120 62.93 Cr
2.1(c) Others		80,280	3.01 Cr	80,280 3.01 Cr
sHNI — bid amount ₹2–10 Lakh	6,42,857	22,45,960	84.22 Cr	22,45,960 3,748 applications 84.22 Cr	3.49
2.2(a) Corporates		24,840	0.93 Cr	24,840 0.93 Cr
2.2(b) Individuals (other than RIIs)		21,26,840	79.76 Cr	21,26,840 79.76 Cr
2.2(c) Others		94,280	3.54 Cr	94,280 3.54 Cr
Retail	45,00,000	1,11,26,280	417.24 Cr	1,11,26,280 of 45,00,000 2,34,269 applications 417.24 Cr	2.47x
TOTAL	74,30,356	1,81,59,240	680.97 Cr	1,81,59,240 2,38,527 applications 680.97 Cr	2.44x

ArMee Infotech IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹375.

Applications

2,38,531

Allottees

1,06,585

Overall odds

3 out of 7

Amount collected

₹698 Cr

Category	AppsApplications	Shares Applied	Shares Allotted	GotAllottees	Odds
QIB 2.16x subscribed	8	43,19,520 ₹161 Cr	20,00,000 2.16x subscribed	8	AllAll allotted
Ex. Anchor Ex. Anchor	4	29,86,120	9,35,000 · 3.19x	4	AllAll allotted
Anchor Anchor Investors	4	13,33,400	10,65,000 · 1.25x	4	AllAll allotted
NII (HNI) 2.02x subscribed	4,254	36,36,120 ₹136 Cr	18,00,000 2.02x subscribed	1,577	2 out of 52 out of 5
bNII >₹10L bNII — above ₹10 Lakh	506	14,22,240	12,00,000 · 1.19x	506	AllAll allotted
sNII <₹10L sNII — below ₹10 Lakh	3,748	22,13,880	6,00,000 · 3.69x	1,071	2 out of 72 out of 7
Retail 2.54x subscribed	2,34,269	1,06,61,160 ₹399 Cr	42,00,000 2.54x subscribed	1,05,000	3 out of 73 out of 7
TOTAL 2.33x subscribed	2,38,531	1,86,16,800	80,00,000 2.33x subscribed	1,06,585	3 out of 73 out of 7

ArMee Infotech IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)

1 out of 2

~48% chance per PAN — 2,34,269 applicants for 1,12,500 allotment slots. Winners get exactly 1 lot (₹15,000) by SEBI lottery, however many lots you bid.

Small HNI (₹2–10 L)

1 out of 3

~30.6% chance — 3,748 applicants for 1,147 allotment slots. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.

Big HNI (above ₹10 L)

1 out of 1

~100% chance — 506 applicants for 2,295 allotment slots — every applicant should get the minimum. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.

QIB (institutions)

2.99x

Proportionate allotment — at 2.99x, institutions receive ~33.4% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 40.5% for a single lot.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date	Total	QIB	BHNI	SHNI	Retail
25 Sep 2026 Day 3	2.44x	2.99x	1.39x	3.49x	2.47x	▼
QIB2.99x BHNI1.39x SHNI3.49x Retail2.47x
24 Sep 2026 Day 2	1.17x	0.94x	0.72x	1.15x	1.35x	▼
QIB0.94x BHNI0.72x SHNI1.15x Retail1.35x
23 Sep 2026 Day 1	0.53x	0.93x	0.38x	0.4x	0.5x	▼
QIB0.93x BHNI0.38x SHNI0.4x Retail0.5x

ArMee Infotech IPO dates

From the bidding window to listing. Today is 2 November.

Key dates Listed

Open 23 Sep 2026
Close 25 Sep 2026
Allotment 28 Sep 2026
Refund/credit 29 Sep 2026
Listing 30 Sep 2026

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

#	Anchor Investor	Group Entity	Shares Allotted	Amt (₹ cr.)	% Allocated	% of Issue
1	ABUNDANTIA CAPITAL VCC-ABUNDANTIA CAPITAL III	ABUNDANTIA	531720	₹19.94 Cr	49.93%	6.65%
2	VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIES	VIKASA	266560	₹10.00 Cr	25.03%	3.33%
3	AMITSG VENTURES FUND	AMITSG VENTURES	133360	₹5.00 Cr	12.52%	1.67%
4	VBCUBE VENTURES FUND II	VBCUBE	133360	₹5.00 Cr	12.52%	1.67%
	TOTAL		1,065,000	₹39.94 Cr	100.00%

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of ArMee Infotech IPO?

As of IPO close date (25 Sep, 2026), the ArMee Infotech IPO is subscribed 2.44x times. Retail category is 2.47x, and NII is 2.09x subscribed.

When is the allotment date for ArMee Infotech IPO?

The allotment for ArMee Infotech IPO is expected to be finalized on 28 September, 2026.

What is the GMP of ArMee Infotech?

The Grey Market Premium (GMP) for ArMee Infotech is currently ₹6, indicating a potential listing gain of 1.60%.

When will ArMee Infotech IPO list on the stock market?

ArMee Infotech is scheduled to list on BSE and NSE on 30 September, 2026.

What are the chances of getting allotment in ArMee Infotech IPO?

The retail category is oversubscribed at 2.47x, meaning allotment is by lottery. Statistically, approximately 1 in 3 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 2.99x mean for ArMee Infotech IPO?

Moderate — QIBs have subscribed 2.99x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check ArMee Infotech IPO allotment status?

After the allotment date (28 Sep, 2026), you can check your ArMee Infotech IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore ArMee Infotech IPO further

Track every stage of this IPO, from subscription to listing.

01 Next step

IPO details

It has listed — go back to the fundamentals.

₹350 to ₹375

Read the full profile

GMP today

Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.

GMP ₹6 (1.60%)

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IPO review

What brokers and analysts are saying about this issue, in one place.

Avoid · 9 reviews

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Allotment status

Check with your PAN whether shares were credited to your demat account.

Allotment out · 28 Sep

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total

2.44x

QIB

2.99x

NII

2.09x

bHNI

1.39x

sHNI

3.49x

Retail

2.47x

Full IPO details