ArMee Infotech IPO

ArMee Infotech Limited (AIL) was originally incorporated as Blossom Infraspace Private Limited on February 8, 2011 under the Companies Act, 1956. In March 2017, the Company was admitted into the partnership firm M/s Armee Infotech, whose business was subsequently transferred to the Company upon dissolution of the partnership. The Company was renamed ArMee Infotech Private Limited in April 2017 and was later converted into a public limited company and renamed ArMee Infotech Limited in April 2024.

As an integral part of the ArMee Group, the Company operates as an IT infrastructure and system integrator, with a core focus on Government, Corporate, BFSI and Education projects across IT, AVSI and allied digitization services. Headquartered in Ahmedabad, Gujarat, the Company has expanded its presence to 14+ locations across India, enabling service and support across different client locations.

The Company is a sector-agnostic IT infrastructure solutions and managed services provider, serving both government/PSU and private-sector clients, with a strong focus on government and PSU projects. Its IT infrastructure portfolio includes supply, installation and integration of IT hardware and software, including computers, servers and interactive panels, along with ICT labs, smart classes, digital infrastructure for public distribution systems, mobile workforce management and digitalization of primary agriculture credit societies.

The Company also provides IT managed services, including technical manpower, skill development training and annual maintenance services. Its employees provide on-site and off-site operational support under relevant contracts and service level agreements, with payments made as per agreed contractual terms.

Certain project activities such as site preparation, electrification, installation, commissioning and maintenance are undertaken through third-party service providers, including ArMee Technology Services Private Limited (ATSPL), the Company’s wholly-owned subsidiary.

Diversified Sector & Project Expertise: The Company serves Government/PSUs and private-sector clients across education, healthcare, public distribution, rural & urban development, science & technology and other sectors. It has also expanded into Renewable Energy EPC, PPA, BESS projects and Experience Zones.

Experienced Management Team: Promoters Kiritkumar Chimanbhai Patel and Ami Ridhish Patel have been associated with the Company since inception with 20+ years of experience, while Ridhish Kiritbhai Patel has over a decade of experience with the Company.

Strong Government & PSU Execution Track Record: The Company has completed 116 projects in FY2026, 97 in FY2025 and 62 in FY2024 for Government and PSU clients, demonstrating its project execution capabilities.

Limited Experience in Renewable Energy Business: Renewable Energy EPC and PPA are relatively new business areas for the Company. Its promoters and senior management have limited prior experience in solar EPC, solar PPAs and renewable energy project development, which involve regulatory, financial, technological and execution complexities.