ArMee Infotech IPO Subscribed 2.44 Times; Allotment Status Available
ArMee Infotech's initial public offering (IPO) closed with a 2.44 times subscription, receiving bids for 1.81 crore shares against 74.3 lakh shares offered. The IPO, priced between Rs 350 and Rs 375 per share, was fully a fresh issue worth Rs 300 crore. Qualified institutional buyers subscribed nearly 3 times, non-institutional investors 2.09 times, and retail investors 2.47 times. Proceeds will fund business expansion, working capital, debt repayment, and general purposes. Investors can check allotment status via BSE, NSE, or the registrar's websites.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (60/100). Lens Score 41/100.
Outlets measured: moneycontrol, businessstandard. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–70/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
businessstandard broke this story on 28 Sept, 08:19 am. Other outlets followed.
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