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Armour Security India Ltd

Armour Security India Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹57
₹57
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹57
Based on GMP
Min. Investment
₹114,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
14 Jan 2026
Close Date
19 Jan 2026
Allotment
20 Jan 2026
Listing Date
22 Jan 2026
Exchange
NSE SME
Price Band
₹57
Listing Price
See chart
Allotment Status
Price Band
₹57
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
46,50,000 shares (agg. up to ₹27 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹114,000
1 lot
Pre-IPO Holding
1,22,20,000 shares
Promoters
Post-IPO Holding
1,68,70,000 shares
Promoters
P/E (Pre)
17.53x
 
P/E (Post)
16.55x
 
EPS (Pre)
₹3.25
 
EPS (Post)
₹3.44
 
UPI Deadline
5:00 PM on 19 Jan 2026
Mandate
Anchor AllotmentTue, 13 Jan 2026
Basis of AllotmentTue, 20 Jan 2026
Refund InitiationWed, 21 Jan 2026
Demat CreditWed, 21 Jan 2026
Listing DayThu, 22 Jan 2026
UPI Mandate Deadline5:00 PM on 19 Jan 2026
Sale TypeFresh Capital
Net Offer to Public44,16,000 shares (agg. up to ₹25 Cr
Market Maker Quota2,34,000 shares (agg. up to ₹1 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Armour Security India Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 19 Jan 2026.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
234,000
₹1.33
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,650,000
100% ₹26.51
IPO Shares Offered
Armour Security India Ltd IPO total issue size: ₹26.51 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 234,000 ₹1.33
5.03%
Total 4,650,000 ₹26.51
100.00%
* Based on upper price band ₹57 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹57.00
Upper Band
Min Investment
₹114,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹228,000
Retail (Max — 13 Lots)1326,000₹1,482,000
S-HNI (Min — 14 Lots)1428,000₹1,596,000
B-HNI (Min — 68 Lots)68136,000₹7,752,000
* Issue Price ₹57 × Lot Size 2,000 shares
IPO Schedule
Anchor
13 Jan 2026
✓ Done
IPO Open
14 Jan 2026
✓ Done
IPO Close
19 Jan 2026
✓ Done
Allotment
20 Jan 2026
✓ Done
Refunds
21 Jan 2026
✓ Done
Demat Credit
21 Jan 2026
✓ Done
Listing Day
22 Jan 2026
✓ Done
Armour Security India Ltd — Live Price LIVE
₹57.00
INR · NSE
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Issue ₹57.00 Live Price
About Armour Security India Ltd
Incorporated in August 1999, Armour Security India specializes in providing a range of security services including armed guarding, manpower services, and consultancy, primarily focused on commercial and residential security needs across various sectors.The company is known for its comprehensive security solutions and reputation for reliable service within the Indian market.The company has PAN India operations with branches in various states to navigate the ever-changing dynamics of the security market.The company offers its clientele a comprehensive private security solution, encompassing security planning and management services.The company offers individual security personnel and full teams tailored to sectors like corporate, industrial, banking, healthcare, government, education, and universities.The company offers integrated facility management, housekeeping, and manpower services, comprising skilled, semi-skilled, and unskilled personnel.The company's services include the following:-Private Security Services: Private security services provide trained security guards based on client requirements.Integrated Facility Management Services: Offerings include daily cleaning services, waste disposal, building systems maintenance and security.House Keeping Services: Offers office cleaning services, including dusting, surface cleaning, carpet cleaning, and bathroom maintenance.Event Management Services: Event Management for weddings, parties, conferences, and product launches.Firefighting Services: Firefighting services include training in drills, equipment use, and safety procedures.Security Training: Offers training for security officers on critical security issues and policies.Supervision Services: Supervision Services tailored to client needs and industry standards.Other Manpower Services: Offers skilled, semi-skilled, or unskilled blue-collar manpower for various tasks, including data entry operators, pantry staff, gardeners, drivers, cooks, attendants, plumbers, electricians, and clerks as clients need.As of February 28th, 2025, the company had 37 permanent employees and 1269 contractual employees.Competitive Strength:Diversified Services PortfolioExpertise and Experience.Compliance and Certifications.Customer Retention.Technology Integration
Objects of the Issue
1
Funding of Working Capital requirement
2
Funding Capital expenditure requirements for purchasing of machinery, equipment and vehicles
3
Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the Company
4
General Corporate Expenses.
Armour Security India Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹29.0
31 Mar 2023
₹33.1
31 Mar 2024
₹17.3
30 Sep 2024
Profit After Tax (PAT)
₹2.3
31 Mar 2023
₹2.6
31 Mar 2024
₹2.5
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 17.32 33.10 28.97
EBITDA 4.30 4.97 3.67
Profit After Tax (PAT) 2.49 2.62 2.26
Net Worth 16.95 14.46 3.49
Total Assets 23.78 23.61 15.51
Reserves & Surplus 4.73 2.24 3.48
Borrowings 1.37 1.80 0.85
EBITDA Margin (%) 21.84
PAT Margin (%) 14.76
RoE
13.61
RoCE
15.45
RoNW
13.61
PAT Margin
14.76
EBITDA Margin
21.84
Debt/Equity
0.28
Issue Structure & Shareholding
Total Shares Offered46,50,000 (100.00%)
Net Offer to Public44,16,000 shares (agg. up to ₹25 Cr
Reserved for Market Maker2,34,000 shares (agg. up to ₹1 Cr)
Pre-Issue Promoter Holding1,22,20,000 shares
Post-Issue Promoter Holding1,68,70,000 shares
P/BV RatioN/A
RoE13.61
RoCE15.45
Debt / Equity0.28
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Corpwis Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Armour Security India Ltd IPO subscribed?

Armour Security India Ltd IPO is subscribed 1.00 times by Jan 19, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Armour Security India Ltd IPO retail subscription status?

The Armour Security India Ltd IPO retail category is subscribed 1.00 times as of 19 Jan 2026. The retail portion is oversubscribed.

How to subscribe Armour Security India Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 14 Jan 2026 and closes 19 Jan 2026. Min investment: ₹114,000 (1 lot = 2,000 shares). UPI mandate: 5:00 PM on 19 Jan 2026.

How many times Armour Security India Ltd IPO subscribed?

The Armour Security India Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Armour Security India Ltd IPO allotment?

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 20 Jan 2026. Refunds: on 21 Jan 2026.

When Armour Security India Ltd IPO will be listed?

The Armour Security India Ltd IPO listing date is 22 Jan 2026, Thursday. Listed on: NSE SME. Issue price: ₹57. Estimated listing: ₹57. GMP: NIL.

When Armour Security India Ltd IPO close?

The Armour Security India Ltd IPO closes on 19 Jan 2026, Monday. UPI mandate: 5:00 PM on 19 Jan 2026. Allotment: 20 Jan 2026. Listing: 22 Jan 2026.