Armour Security (India) Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Armour Security (India) Ltd IPO

We established our Company in 1999, our Company specializes in comprehensive private security solutions, offering services such as security planning, management, integrated facility management, housekeeping, and manpower provision which includes skilled, semi-skilled and unskilled personnel, catering to clients' diverse needs. With over two decades of experience, we have established our presence in the security manpower services and integrated facility management sector. Starting from a solitary office in Defense Colony, Delhi, we have extended our operation to various states across India, ensuring the consistent delivery of quality services.

Armour Security (India) Ltd IPO Details

Total Shares Offered

₹ 46,50,000

Offer to Public

TBA

Retail Max (Shares)

₹ 21,80,000

Pre Issue Promoters Holding

₹ 1,18,30,000

Exchange

NSE

Issue size

₹ 26.51 Cr

IPO Open Date

Jan 14, 2026

Close Date

Jan 19, 2026

Lot Size

4000

Min Investment

₹ 2,20,000

Issue Type

Book Building - SME

Listing Date

Jan 22, 2026

Armour Security (India) Ltd IPO Dates

Jan 14, 2026

Opening date

Jan 19, 2026

Closing date

Jan 20, 2026

Basis of Allotment

Jan 21, 2026

Initiation of Refunds

Jan 21, 2026

Credit of Shares

Jan 22, 2026

Listing date

Details

Sector	Type
Sector	Miscellaneous
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	1x	46000	46000
NII	1.19x	2190000	2604000
Retail	2.58x	2180000	5624000
Employee	0x	0	0
Total	1.78x	4650000	8274000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1.19x

2.58x

1.78x

46000

2190000

2180000

4650000

46000

2604000

5624000

8274000

Armour Security (India) Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	5.53	3.72	3.21
EBITDA	5.75	3.94	3.40
PAT	3.97	2.62	2.26
Total Assets	10.66	10.75	10.95
Share Capital	12.22	12.22	0.01
Total Borrowings	4.99	2.17	1.36
Operating Activities (Net Cash)	4.19	2.84	2.45
Investing Activities (Net Cash)	0.00	0.00	0.00
Financing Activities (Net Cash)	4.99	2.17	1.36
Net Cashflow	0.51	1.73	0.42

About Armour Security (India) Ltd

Our Company was incorporated as ARMOUR SECURITY (INDIA) PVT. LTD. on August 27, 1999, vide certification of incorporation bearing No. 101313 under the provision of Companies Act, 1956 issued by the Registrar of Companies, NCT of Delhi and Haryana. Our Company is in the business Manpower services and Integrated Facility Management services. Further, our Company was converted into a public limited company, pursuant to a special resolution passed in the Extraordinary General Meeting of our Shareholders held on February 09, 2024, and the name of our Company was changed to `ARMOUR SECURITY (INDIA). LTD.', and a fresh certificate of incorporation dated May 03, 2024 was issued to our Company by the RoC, CPC. Our Corporate Identification Number is U74920DL1999PLC101313. Our Company has its registered office situated at B-87, Second Floor Defence Colony, New Delhi - 110024.

The Indian security and facility management industry has evolved into a critical enabler of safety, operational efficiency, and business continuity. Growing urbanization, rising corporate activity, and heightened focus on workplace safety are driving demand for integrated services. The sector spans manned guarding, electronic surveillance, housekeeping, and allied facility solutions, catering to industries, government, and residential segments. Increased adoption of technology, compliance with regulatory norms, and the need for cost optimization are shaping the market. With rising outsourcing trends and emphasis on quality, the industry is poised for steady expansion, offering significant opportunities for organized players.

Peer Comparison:

Kapston Services Limited

Armour Security (India) Ltd Key Points

Strengths

Diversified Services Portfolio.

Expertise and Experience.

Technology Integration.

Compliance and Certifications.

Customer Retention.

Risk

We are significantly dependent on the provision of our services namely, Security manpower services and Integrated facility management. Our aggregate revenue from Security manpower services and Integated facility management accounted for 46.12% and 53.88% respectively for the period ended 30 September 2024, 47.67% and 52.33% respective for the period ended March 2024, 44.32% and 55.68% respectively for the period ended March 2023, 51.16% and 48.84% respectively for the period ended March 2022. An inability to anticipate and adapt to evolving client preferences and demand for the said services, or ensure service quality, may adversely impact demand for our services, brand loyalty and consequently impact our business, results of operations, financial condition and cash flows.

Our revenues have been significantly dependent on few customers and our inability to maintain such business may have an adverse effect on our results of operations.

Our revenues have been significantly dependent on the government contracts and our inability to maintain such business may have an adverse effect on our results of operations.

Strategy

Robust Customer Relationship Management (CRM).

Extensive Employee Training and Development.

Continuous focus on Quality Control.

Cross-Marketing Strategy.

Integration of Drone-based Surveillance Services.

How To Apply for Armour Security (India) Ltd IPO Online?

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FAQs on IPO (Initial Public Offering)

What is the issue size of the Armour Security (India) Ltd IPO?

Armour Security (India) Ltd's IPO offers shares for up to 26.51 It begins on Jan 14, 2026 and ends on Jan 19, 2026.

What is the price of the Armour Security (India) Ltd IPO?

The price of Armour Security (India) Ltd IPO ranges between ₹55 to ₹57 per share.

What are the open and close dates for the Armour Security (India) Ltd IPO?

The Armour Security (India) Ltd IPO opens on Jan 14, 2026 and closes on Jan 19, 2026.

When will the Armour Security (India) Ltd IPO be allotted?

The allotment for the Armour Security (India) Ltd IPO will be finalised on Jan 20, 2026. The shares will be listed on BSE and NSE on Jan 22, 2026.

What is the minimum lot size required for Armour Security (India) Ltd IPO?

The minimum lot size for Armour Security (India) Ltd IPO is 4000 shares, priced between ₹55 to ₹57 per share.

What is the GMP of Armour Security (India) Ltd IPO?

The GMP (Grey Market Premium) of Armour Security (India) Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Armour Security (India) Ltd IPO?

To check the allotment status of Armour Security (India) Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Armour Security (India) Ltd IPO getting listed?

The Armour Security (India) Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jan 14, 2026, and closes on Jan 19, 2026. The allotment is finalised on Jan 20, 2026.

How do you apply for the Armour Security (India) Ltd IPO?

To apply for the Armour Security (India) Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.