| IPO Date | January 14, 2026 to January 19, 2026 |
| Listing Date | January 22, 2026 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 55 to ₹ 57 / Share |
| Lot Size | 2000 Shares |
| Total Issue Size | 46,50,000 shares (Aggregating up to ₹27 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share holding pre issue | 1,22,20,000 shares |
| Share holding post issue | 1,68,70,000 shares |
| Market Maker portion |
Armour Security India IPO opens on January 14, 2026, and closes on January 19, 2026.
| IPO Open Date | January 14, 2026 |
| IPO Close Date | January 19, 2026 |
| Basis of Allotment | January 20, 2026 |
| Initiation of Refunds | January 21, 2026 |
| Credit of Shares to Demat | January 21, 2026 |
| Listing Date | January 22, 2026 |
| Cut-off time for UPI mandate confirmation | January 19, 2026 |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | Rs.228,000 |
| Retail (Max) | 2 | 4,000 | Rs.228,000 |
| S-HNI (Min) | 3 | 6,000 | Rs.342,000 |
| S-HNI (Max) | 8 | 16,000 | Rs.912,000 |
| B-HNI (Min) | 9 | 18,000 | Rs.1,026,000 |
| HNI (Min) |
| Share Holding Pre Issue | 96.80% |
| Share Holding Post Issue |
Armour Security IPO offers a total of 46,50,000 shares. Out of which 46,000 (0.99%) allocated to QIB, 21,90,000 (47.10%) allocated to NII, 21,80,000 (46.88%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 2,34,000 (5.03%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 46,000 (0.99%) |
|
| NII (HNI) Shares Offered | 21,90,000 (47.10%) |
|
| bNII > ₹10L | 14,60,000 (31.40%) |
|
| sNII < ₹10L | 7,30,000 (15.70%) |
|
| Retail Shares Offered | 21,80,000 (46.88%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 46,50,000 (100.00%) |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
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:-
As of February 28th, 2025, the company had 37 permanent employees and 1269 contractual employees.
Competitive Strength:
| KPI | Values |
|---|---|
| ROE | 13.61% |
| ROCE | 15.45% |
| Debt/Equity | 0.28 |
| RoNW | 13.61% |
| P/BV | 3.78 |
| PAT Margin (%) | 14.76 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.25 | 3.44 |
| P/E (x) | 17.53 | 16.55 |
Armour Security India Ltd. B-87, Second Floor Defence Colony New Delhi, New Delhi, 110024
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Skyline Financial Services Pvt.Ltd.
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