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Armour Security India IPO
1.87xsubscribed

Armour Security India IPO

listed
₹2.20LMin. investment

Armour Security India Limited IPO Details

Price range₹55.00 – ₹57.00
IPO type
SME
Lot size2000 shares
Issue size₹27Cr
Draft Red Herring Prospectus
Read

Armour Security India IPO Subscription Status

Date
QIB
NII
Retail
Total
14-Jan-26
0.0 times (X)
0.02 times (X)
0.08 times (X)
0.05 times (X)
15-Jan-26
0.0X
0.02X
0.09X
0.05X
16-Jan-26
1.0X
0.71X
0.39X
0.55X
19-Jan-26
1.0X
1.19X
2.57X
1.87X

As on 14-Jan-26, 5:30 PM

Armour Security India IPO Timeline

  1. Pre-apply
    13 Jan 2026
  2. Bid start
    14 Jan 2026
  3. Bid end
    19 Jan 2026
  4. Allotment
    20 Jan 2026
  5. Release of funds
    21 Jan 2026
  6. Demat transfer
    21 Jan 2026
  7. Listing
    22 Jan 2026

About Armour Security India Limited

Armour Security India offers recruitment and staffing services, facility management services, and security services. The main part of its operations focuses on offering manpower security services. This includes providing well-trained security personnel for 24/7 protection of client locations. It also provides risk management assignments, event security, and electronic security solutions. The company serves clients from various sectors, such as corporate offices, residential complexes, government buildings, industrial sites, commercial centres, and event spaces. As of September 2025, it had 83 clients, with 60 being repeat customers. Additionally, it holds licenses under the Private Security Agencies Regulation Act (PSARA) and has ISO certification.
As of September 2025, the housekeeping services accounted for 22% of revenue, while other manpower and supervision services contributed 28% to revenue, and security manpower personal services for 50%. Education accounted for 38.22% of industry revenue, with healthcare coming in second at 33.11%. Meanwhile, the Delhi region generated 39.71% of revenue, followed by Uttar Pradesh coming in second at 23.91% and Haryana at 17.87%. As of February 28, 2025, the company employed 37 permanent staff members and engaged 1,269 personnel on a contractual basis.

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Objectives of Armour Security India Limited IPO

Working capital
55.90%
The company will utilise ₹15.10 crore towards the working capital requirements of the business
General corporate purposes
26.90%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Repayment of borrowings
11.10%
The company will utilise ₹3 crore to repay certain outstanding borrowings.
Capital expenditure
5.90%
The company will utilise ₹1.61 crore for purchasing machinery, equipment and vehicles.

Armour Security India IPO Contact Details

Company NameArmour Security India Limited

How to apply for Armour Security India IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Armour Security India Limited IPO FAQs