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Company Information

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ARMEE INFOTECH LTD.

28 October 2026 | 12:00

Industry >> IT Consulting & Software

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ISIN No INE0TWE01016 BSE Code / NSE Code 544951 / ARMEE Book Value (Rs.) 59.93 Face Value 10.00
Bookclosure 52Week High 375 EPS 14.33 P/E 19.17
Market Cap. 871.66 Cr. 52Week Low 236 P/BV / Div Yield (%) 4.58 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated as "Blossom Infraspace Private Limited" a private limited company under the Companies Act, 1956 through a certificate of incorporation dated February 8, 2011 issued by the Registrar of Companies, Gujarat at Dadra and Nagar Haveli. On March 1, 2017 our Company was admitted into a partnership, namely, M/s Armee Infotech. Subsequently, through a deed of dissolution dated April 1, 2017 the Partnership Firm was dissolved, and the business of M/s Armee Infotech was transferred to our Company. Pursuant to a resolution passed by our Board at its meeting held on March 31, 2017 and the special resolution passed by our Shareholders at their meeting held on April 8, 2017, the name of our Company was changed to "ArMee Infotech Private Limited" to resonate with the nature of the business and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on April 21, 2017. Upon conversion of our Company into a public limited company, pursuant to the approval accorded by our Shareholders at their extra-ordinary general meeting held on February 20, 2024, the name of our Company was changed to "ArMee Infotech Limited" and a fresh certificate of incorporation consequent upon change of name upon conversion to public limited company was issued to our Company by the RoC on April 24, 2024.

Major Events and Milestones:
2011
- Commencement of business operations.

2017
- Acquired business of M/s Armee Infotech, the Partnership Firm.

2018
-Won first tender contract exceeding project value of ? 12,000 lakhs. Project involved supply of PoS devices in 19,287 fair price shops in rural areas of Uttar Pradesh from UPDESCO.

2022
- Won first big project post COVID-19 pandemic, from Samagra Shiksha, Bihar Education Project Council for setting up of ICT labs with project value of around ? 10,400 lakhs.
- Achieved a turnover of over ? 50,000 lakhs in Fiscal 2023.
- Won the first tender contract exceeding project value of ? 38,500 lakhs. Project involved setting up of 7,500 ICT labs across Gujarat under the Sarva Siksha Abhiyan Scheme.
- Acquired ArMee Technology Services Private Limited as our Wholly Owned Subsidiary.
- Set up a new branch office in Gurgaon.
- Set up a new branch office in Mumbai.

2024
- Conversion from a private limited company to a public limited company.
- Achieved a turnover of over ? 100,000 lakhs in Fiscal 2024.
- Opened our first Experience Zone in Ahmedabad.

2025
- Entered into our first EPC turnkey works contract under renewable energy vide solar EPC implementation.
- Won multiple projects under renewable energy vide solar EPC and Solar PPAs line of business.