GMP IPO Watch
Armour Security India IPO: Guarding Growth in the Manpower & Facility Sector?
Armour Security India Limited, a two-decade-old player in the private security and facilit...
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A
SME IPO
LISTED
NSE, BSE
ARMOURSECURITY
Armour Security IPO
Armour Security IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹-11.4
-20.0%
Est. Listing: ₹45.60
Price Band
₹55 - ₹57
Per equity share
Lot Size
2000 Shares
Min Invest: ₹2,28,000
Issue Size
₹57 Cr
Total Public Offering
Issue Dates
13 January 2026 – 18 January 2026
Bidding period
Subscription
—
Total overall demand
Armour Security IPO Details
Key facts at a glance| IPO Open Date | 13 January 2026 | IPO Close Date | 18 January 2026 |
|---|---|---|---|
| Basis of Allotment | 19 January 2026 | Listing Date | 21 January 2026 |
| Price Band | ₹55 - ₹57 per share | Face Value | ₹10 per share |
| Market Lot Size | 2000 Shares | Min Investment (Retail) | ₹2,28,000 |
| Total Issue Size | ₹57 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Armour Security IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 13 January 2026 | Confirmed |
| IPO Close Date | 18 January 2026 | Confirmed |
| Basis of Allotment | 19 January 2026 | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 21 January 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Armour Security IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 4,000 Shares | ₹2,28,000 |
| Retail (Max) | 2 Lots | 4,000 Shares | ₹2,28,000 |
| S-HNI (Min) | 3 Lots | 6,000 Shares | ₹3,42,000 |
| S-HNI (Max) | 8 Lots | 16,000 Shares | ₹9,12,000 |
| B-HNI (Min) | 9 Lots | 18,000 Shares | ₹10,26,000 |
Armour Security IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹-11.4 -20.0%
Estimated Listing Price
₹45.60
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 21 Jan 2026 | ₹0 | ₹57.00 | +0.00% |
| 19 Jan 2026 | ₹4 | ₹61.00 | +7.02% |
| 16 Jan 2026 | ₹4 | ₹61.00 | +7.02% |
| 13 Jan 2026 | ₹2 | ₹59.00 | +3.51% |
| 12 Jan 2026 | ₹1 | ₹58.00 | +1.75% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Armour Security IPO Subscription Status
Demand breakdown by investor category
Retail
—
QIB
—
NII / HNI
—
Total
—
About Armour Security
Armour Security IPO Market Lot
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | ₹2,28,000 |
| Retail Maximum | 2 | 4,000 | ₹2,28,000 |
| S-HNI Minimum | 3 | 6,000 | ₹3,42,000 |
| S-HNI Maximum | 68 | 8,16,000 | ₹9,12,000 |
| B-HNI Minimum | 77 | 9,18,000 | ₹10,26,000 |
Armour Security IPO Reservation & Share Quotas
| Investor Category | Shares Offered | Percentage (%) |
|---|---|---|
| Anchor Investor | – | – |
| QIB (Ex. Anchor) | 46,000 Shares | 0.99% |
| NII | 21,90,000 Shares | 47.10% |
| Retail | 21,80,000 Shares | 46.88% |
Armour Security IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 14 Jan 2026 |
| IPO Close Date | 19 Jan 2026 |
| Basis of Allotment | 20 Jan 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 22 Jan 2026 |
Note: The timeline for બખ્તર સુરક્ષા IPO is tentative and subject to change.
Armour Security IPO Promoters & Holding Pattern
Promoters: Mr. Vinod Gupta and Mrs. Arnima Gupta
| Particulars | Shares | Shareholding (%) |
|---|---|---|
| Promoter Holding (Pre Issue) | 1,22,20,000 | 96.80% |
| Promoter Holding (Post Issue) | 1,68,70,000 | – |
Armour Security Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
About Armour Security IPO
Armour Security India, founded in August 1999, has been engaged in offering a wide range of security services such as armed guards, manpower support, and consultancy for commercial and residential clients across different sectors. Armour Security India has built a reputation for providing complete security solutions and reliable services in India.
The company offers Private Security Services, Integrated Facility Management Services, Housekeeping Services, Event Management Services, Firefighting Services, Security Training, Supervision Services, and Other Manpower Services. From security planning to management services, the company provides complete private security solutions serving sectors like corporate, industrial, banking, healthcare, government, education, and universities.
Armour Security Company Financial Report
To Be Updated Soon
Armour Security Company Valuation & Key Performance Indicators
To Be Updated Soon
Armour Security Peer Group Comparison
To Be Updated Soon
Armour Security IPO FAQs
Armour Security IPO opens for subscription on 13 January 2026 and closes on 18 January 2026.
The price band for Armour Security IPO is set at ₹55.00 to ₹57.00 per share.
The minimum market lot size is 2000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 4,000 Shares (₹2,28,000).
The latest Grey Market Premium (GMP) for Armour Security IPO is ₹-11.40. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Armour Security IPO is tentatively scheduled for 19 January 2026, and shares are expected to list on the stock exchanges on 21 January 2026.
The registrar details will be confirmed in the official prospectus.
Armour Security IPO Analysis & Articles