Armour Security SME IPO Details, Financials, Valuation & Peers
Explore Armour Security SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Armour Security India, incorporated in August 1999, is a provider of comprehensive security solutions. The company's core business revolves around offering a range of security services, including armed guarding, manpower services, and consultancy, with a primary focus on commercial and residential security needs across various sectors.
Armour Security India's main services encompass Private Security Services, Integrated Facility Management Services, House Keeping Services, Event Management Services, Firefighting Services, Security Training, Supervision Services, and Other Manpower Services. These offerings include skilled, semi-skilled, and unskilled personnel for diverse tasks.
The company serves industries such as corporate, industrial, banking, healthcare, government, education, and universities.
Key highlights of Armour Security India include:
- PAN India Operations: The company operates across India with branches in various states.
- Comprehensive Solutions: Known for comprehensive security solutions and reliable service within the Indian market.
- Diversified Services Portfolio: Offers a wide array of security and facility management services.
- Expertise and Experience: Possesses significant expertise and experience in the security domain.
- Technology Integration: Integrates technology into its service offerings.
Objects of the Issue
- 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 Expenses.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 14 Jan - 19 Jan 2026 |
| IPO Price Band | ₹55 - ₹57 per share |
| Fresh Issue | 25.17 Cr |
| Offer For Sale | NIL |
| Total IPO Size | 25.17 Cr |
| Face Value | 10 |
| Listing On | NSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 14 Jan 2026 |
| IPO Closing Date | 19 Jan 2026 |
| Basis Of Allotment | 20 Jan 2026 |
| Refunds | 21 Jan 2026 |
| Demat Transfer | 21 Jan 2026 |
| IPO Listing Date | 22 Jan 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 30 Sep 2025 |
|---|---|---|---|---|
| Assets | 15.51 | 23.61 | 27.37 | 32.10 |
| Total Income | 28.97 | 33.10 | 36.56 | 19.69 |
| Profit After Tax | 2.26 | 2.62 | 3.97 | 2.90 |
| EBITDA | 3.12 | 3.67 | 4.97 | 4.30 |
| NET Worth | 3.49 | 14.46 | 18.43 | 21.34 |
| Reserves and Surplus | 3.48 | 2.24 | 6.21 | 9.12 |
| Total Borrowing | 0.85 | 1.80 | 4.69 | 6.01 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Armour Security India Limited | 17.54 | 3.25 | 21.56% | 15.08 |
| Rithwik Facility Management Services Ltd | 34.12 | 8.79 | 20.07% | 43.81 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 46,000 (0.99%) |
| Non-Institutional Investor (NII/HNI) | 21,90,000 (47.10%) |
| Retail Individual Investor (RII) | 21,80,000 (46.88%) |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 1 |
| Non-Institutional Investor (NII/HNI) | 1.08 |
| Retail Individual Investor (RII) | 2.58 |
| Total | 1.82 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Lead Managers
- Sobhagya Capital Options Pvt.Ltd.
Company Address
Armour Security India Ltd.
B-87,
Second Floor Defence Colony
New Delhi, New Delhi –110024
Website:https://www.armoursecurities.com/
Phone:+91 9810139833
Email:cs@armoursecurities.com
FAQs
- What is the issue size of the Armour Security SME IPO?The Armour Security SME IPO has an issue size of 25.17 Cr. This includes a fresh issue of 25.17 Cr and an offer for sale (OFS) of NIL.
- What is the price band of the Armour Security IPO?The price band for the Armour Security IPO is ₹55 - ₹57 per share.
- What are the bidding dates for the Armour Security IPO?The Armour Security IPO will open for bidding on 14 Jan 2026 and close on 19 Jan 2026.
- What is the allotment date for the Armour Security IPO?The allotment date for the Armour Security IPO is 20 Jan 2026.
- What is the minimum lot size and investment required for the Armour Security IPO?The minimum lot size for the Armour Security IPO is 2000 shares and the minimum investment required is ₹1,14,000.
- What is the listing date for the Armour Security IPO?The listing date for the Armour Security IPO is 22 Jan 2026.
- What is the Armour Security IPO grey market premium?The grey market premium (GMP) for the Armour Security IPO is currently at ₹4, with an expected listing gain of approximately 7.02%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.