ArMee Infotech IPO
ArMee Infotech IPO is a mainboard IPO raising ₹300 Cr at ₹350 – ₹375 a share. It listed on 30 Sept 2026 at ₹375, 0.0% against its issue price of ₹375, and trades at ₹280 today (−25.4% since issue). It was subscribed 2.44× in total.
2.4 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 10,01,784 | 29,96,200 | 2.99× |
| Foreign Institutional Investors | no separate quota | 20,50,360 | n/a |
| Domestic Financial Institutions | no separate quota | 560 | n/a |
| Mutual funds | no separate quota | 0 | n/a |
| Others | no separate quota | 9,45,280 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 19,28,572 | 40,36,760 | 2.09× |
| Non Institutional Investors | 12,85,715 | 17,90,800 | 1.39× |
| Corporates | no separate quota | 32,400 | n/a |
| Individuals | no separate quota | 16,78,120 | n/a |
| Others | no separate quota | 80,280 | n/a |
| Non Institutional Investors | 6,42,857 | 22,45,960 | 3.49× |
| Corporates | no separate quota | 24,840 | n/a |
| Individuals | no separate quota | 21,26,840 | n/a |
| Others | no separate quota | 94,280 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 45,00,000 | 1,11,26,280 | 2.47× |
| Cut Off | no separate quota | 98,15,440 | n/a |
| Price bids | no separate quota | 13,10,840 | n/a |
| Total | 74,30,356 | 1,81,59,240 | 2.44× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Sept, 07:49 pm IST.
Where the bids landed
Demand falls about 57% from the bottom of the band to the top. 54% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.25 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.