Armor Security India IPO Deatils
Armor Security India
Offer Price₹57 Lot Size2,000 Listing Price ₹46 (-20% ▼) Subscription1.81x Offer Time14 jan to 19 jan
Listed
Armor Security India Ipo Deatils : Gmp, Subscription, Date
- 📄 IPO Details
- 📊 IPO Subscribe
- 📅 Important Date
- 📈 Day Wise Gmp
- 🧮 Day Wise Subscribe
- 📦 Ipo Lot Size
- 🏷️ Ipo Reservation
- 🏢 About Company
- 🎯 Objective of Ipo
- 🚀 Financial Report
IPO Details
| IPO Date | 14 to 19 Jan, 2026 |
| Listing Date | Thu, Jan 22, 2026 |
| Face Value | ₹ 10 per share |
| Price Band | ₹55 to ₹57 |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 46,50,000 shares (agg. up to ₹ 27 Cr) |
| Reserved for Market Maker | 2,34,000 shares (agg. up to ₹ 1 Cr) NNM Securities Pvt. Ltd. |
| Net Offered to Public | 44,16,000 shares (agg. up to ₹ 25 Cr) |
| Share Holding Pre Issue | 1,22,20,000 shares |
| Share Holding Post Issue | 1,68,70,000 shares |
Subscription
| QIB | 1.00x |
| NII | 1.08x |
| bNII | 1.16x |
| sNII | 0.92x |
| Individual | 2.55x |
| Total | 1.81x |
Important Date
| IPO Open | Wed, Jan 14, 2026 |
| IPO Close | Mon, Jan 19, 2026 |
| Allotment | Tue, Jan 20, 2026 |
| Refund | Wed, Jan 21, 2026 |
| Credit of Shares | Wed, Jan 21, 2026 |
| Listing | Thu, Jan 22, 2026 |
Day Wise GMP
| Date | Price | GMP | Sub | Est Price | Profit | Updated |
|---|
| 22-01-2026 | ₹57.00 | ₹0.00 — | 1.81 | ₹57.00 | ₹0.00 | 23:41 |
| 21-01-2026 | ₹57.00 | ₹0.00 — | 1.81 | ₹57.00 | ₹0.00 | 00:12 |
| 19-01-2026 | ₹57.00 | ₹0.00 ▼ | 1.81 | ₹57.00 | ₹0.00 | 23:40 |
| 18-01-2026 | ₹57.00 | ₹7.00 ▲ | 0.50 | ₹64.00 | ₹14000.00 | 00:12 |
| 16-01-2026 | ₹57.00 | ₹4.00 ▼ | 0.50 | ₹61.00 | ₹8000.00 | 23:43 |
| 15-01-2026 | ₹57.00 | ₹7.00 ▲ | 0.05 | ₹64.00 | ₹14000.00 | 23:41 |
| 14-01-2026 | ₹57.00 | ₹4.00 — | 0.05 | ₹61.00 | ₹8000.00 | 23:41 |
Day Wise Subscription
| Date | QIB | NII | BNII | SNII | Total |
| 19 Jan | 1x | 1.08x | 1.16x | 0.92x | 1.81x |
| 18 Jan | 1x | 0.6x | 0.86x | 0.09x | 0.5x |
| 16 Jan | 1x | 0.6x | 0.86x | 0.09x | 0.5x |
| 14 Jan | - | 0.02x | - | - | 0.05x |
IPO Lot Size
| Application | Lots | Shares | Amount |
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,28,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,28,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,42,000 |
| S-HNI (Max) | 8 | 16,000 | ₹9,12,000 |
| B-HNI (Min) | 9 | 18,000 | ₹10,26,000 |
IPO Reservation
| Market Maker Shares Offered | 2,34,000 (5.30%) |
| QIB Shares Offered | 46,000 (1.04%) |
| NII (HNI) Shares Offered | 21,90,000 (49.59%) |
| - bNII > ₹10L | 14,60,000 (33.06%) |
| - sNII < ₹10L | 7,30,000 (16.53%) |
| Retail Shares Offered | 21,80,000 (49.37%) |
| Total Shares Offered | 44,16,000 (100.00%) |
About Company
| Company Overview | 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. |
| Market Reputation | The company is known for its comprehensive security solutions and reputation for reliable service within the Indian market. |
| Geographical Presence | The company has PAN India operations with branches in various states to navigate the ever-changing dynamics of the security market. |
| Security Solutions | Comprehensive private security solutions including security planning and management services. |
| Sector Coverage | Provides individual security personnel and full teams tailored for corporate, industrial, banking, healthcare, government, education, and university sectors. |
| Facility Management Services | Integrated facility management, housekeeping, and manpower services comprising skilled, semi-skilled, and unskilled personnel. |
| Employees | As of February 28th, 2025, the company had 37 permanent employees and 1,269 contractual employees. |
| Competitive Strength | - |
Objective of IPO
| # | Issue Objects | Estimated Amount (₹ Cr.) |
| 1 | Funding of Working Capital requirement | 15.90 |
| 2 | Funding Capital expenditure requirements for purchasing of machinery, equipment and vehicles | 1.61 |
| 3 | Pre-payment / re-payment of, in part or full, certain outstanding borrowings of the Company | 2.40 |
| 4 | General Corporate Expenses | |
Financial Report
| ROE | 13.61% |
| ROCE | 15.45% |
| Debt/Equity | 0.28 |
| RoNW | 13.61% |
| PAT Margin | 14.76 |
| EBITDA Margin | 21.84 |
| Price to Book Value | |
