Armour Security India
NSE SME₹2,28,000 / Individual : 4000 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 19 Jan 2026, 05:57 PM |
| QIBs | 1.00 times |
| NII | 1.19 times |
| Total | 1.87 times |
Armour Security India IPO Details
The Armour Security India IPO price band is set between ₹55-57 per equity share, with a face value of ₹10 per share. The issue is managed by Skyline Financial Services Pvt.Ltd., and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 14 Jan, 2026 and closes on 19 Jan, 2026. Investors can check the allotment status on 20 Jan, 2026, while the listing date is tentatively scheduled for 22 Jan, 2026.
The total issue size is 46,50,000 shares, aggregating up to ₹26.51 crore. Stay tuned for the latest Armour Security India IPO review and GMP updates.
Armour Security India IPO Review, Rating & Analysis
Armour Security India IPO Review
NO REVIEWArmour Security India IPO Rating
Armour Security India IPO Highlights
IPO Date
Jan 14, 2026 - Jan 19, 2026
Listing Date
22 Jan, 2026
Face Value
₹10 Per Equity Share
Price Band
₹55-57 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Armour Security India IPO Lot Size
The minimum market lot for Armour Security India IPO is 4000 shares with an application amount of ₹2,28,000. Retail investors can apply for up to 0 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹2,28,000 |
| Retail (Max) | 0 | 0 | ₹0 |
| S-HNI (Min) | 1 | 4000 | ₹2,28,000 |
| S-HNI (Max) | 4 | 16000 | ₹9,12,000 |
| B-HNI (Min) | 5 | 20000 | ₹11,40,000 |
Armour Security India IPO Timeline
Issue Price
₹55-57 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Pvt.Ltd.Lead Manager
Sobhagya Capital Options LimitedIssue Size
46,50,000 shares(aggregating up to ₹26.51 crore)Armour Security India IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30-Sep-25 | 32.10 | 19.69 | 2.90 | 21.34 | 9.12 | 6.01 |
| 31-Mar-25 | 27.37 | 36.56 | 3.97 | 18.43 | 6.21 | 4.69 |
| 31-Mar-24 | 23.61 | 33.10 | 2.62 | 14.46 | 2.24 | 1.80 |
| 31-Mar-23 | 15.51 | 28.97 | 2.26 | 3.49 | 3.48 | 0.85 |
In Cr.
Armour Security India IPO Reservation Details
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Market Maker Shares Offered | 234000 | 5.03% |
| QIB Shares Offered | 46000 | 0.99% |
| NII (HNI) Shares Offered | 2190000 | 47.1% |
| bNII > ₹10L | 1458000 | 30% |
| sNII < ₹10L | 732000 | 15% |
| Individual Shares Offered | 2180000 | 46.88% |
| Total Shares Offered | 4650000 | 100% |
Armour Security India IPO Valuations
EPS Pre IPO
₹3.25/-EPS Post IPO
₹3.44/-PE Pre IPO
17.53PE Post IPO
16.55ROE
-ROCE
-Debt Equity
-RoNW
-PAT Margin
-Price to Book Value
3.78Promoters & Share Holding
Promoter(s) Name
- Mr. Vinod Gupta
- Mrs. Arnima Gupta
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| % | % |
About Company
Incorporated in August 1999, Armour Security India is a company that has expertise in various security services such as armed guarding, manpower services, and consultancy. The main business of the company revolves around commercial and residential security.
This company is renowned for its overall security solutions as well as its reputation for consistent service delivery within the Indian context.
Armour Security India IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 46,000 | 21,90,000
14,58,000
7,32,000
| 21,80,000 | 44,16,000 |
Day 114-01-26 05:00 PM | 0.00 x | 0.02
x
0.01 x
0.03 x
| 0.08 x | 0.05 x |
Day 216-01-26 05:00 PM | 1.00 x | 0.71
x
1.02 x
0.09 x
| 0.38 x | 0.55 x |
Day 319-01-26 05:00 PM | 1.00 x | 1.19
x
1.32 x
0.92 x
| 2.58 x | 1.87 x |
Retail:2.58x
BHNI:0.06x
SHNI:0.74x
Armour Security India IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| Funding of Working Capital requirement | - |
| Funding Capital expenditure requirements for purchasing of machinery, equipment and vehicles | - |
| Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the Company | - |
| General corporate purposes | - |
Company Contact Details
Armour Security India
B-87, Second Floor Defence Colony New Delhi, New Delhi, 110024Registrar Contact Details
Skyline Financial Services Private Ltd
Frequently Asked Questions about Armour Security India IPO
When will Armour Security India IPO open for subscription?
The Armour Security India IPO opens on 14 Jan, 2026 and closes on 19 Jan, 2026.
What is the investors portion for Armour Security India IPO?
The investors' portion for QIB is 1.00 x, NII is 1.32 x, and Retail is 2.58 x.
How to apply for Armour Security India IPO?
You can apply for Armour Security India IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Armour Security India IPO?
The issue size of Armour Security India IPO is approx ₹46,50,000 shares(aggregating up to ₹26.51 crore) crores.
What is the price band of Armour Security India IPO?
The price band for Armour Security India IPO is ₹55 to ₹57 per equity share.
What is the lot size of Armour Security India IPO?
The minimum bid (lot size) for Armour Security India IPO is 2000 shares with an investment of approx ₹2,28,000 .
What is the allotment date of Armour Security India IPO?
The allotment date for Armour Security India IPO is 20 Jan, 2026.
What is the listing date of Armour Security India IPO?
The listing date for Armour Security India IPO is expected to be 22 Jan, 2026.
What is the GMP of Armour Security India IPO?
The latest Grey Market Premium (GMP) for Armour Security India IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.