{"id":59274,"date":"2026-01-22T12:56:40","date_gmt":"2026-01-22T07:26:40","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=59274"},"modified":"2026-01-22T12:56:41","modified_gmt":"2026-01-22T07:26:41","slug":"armour-security-india-ipo-listing","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/armour-security-india-ipo-listing\/","title":{"rendered":"Armour Security India IPO Listing at 20% discount at \u20b945.90 Per Share"},"content":{"rendered":"<p><strong>Armour Security India IPO listing delivers 20.00% discount <\/strong>at \u20b945.90 per share over the issue price band of \u20b955 to \u20b957 per share. The Armour Security India IPO was subscribed 1.82 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received 1.00 times, and non-institutional investors (NIIs) received 1.08 times. The retail quota of the issue was subscribed to 46.88%. Before delving deeper into the topic, go through the details of the Armour Security India IPO.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/armour-security-india-ipo-listing\/#Armour_Security_India_IPO\" title=\"Armour Security India IPO&nbsp;\">Armour Security India IPO&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/armour-security-india-ipo-listing\/#Armour_Security_India_IPO_Listing\" title=\"Armour Security India IPO Listing\">Armour Security India IPO Listing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/armour-security-india-ipo-listing\/#About_the_Armour_Security_India_IPO\" title=\"About the Armour Security India IPO&nbsp;\">About the Armour Security India IPO&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/armour-security-india-ipo-listing\/#Armour_Security_India_Limited_Financials\" title=\"Armour Security India Limited Financials\">Armour Security India Limited Financials<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/armour-security-india-ipo-listing\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/armour-security-india-ipo-listing\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Armour_Security_India_IPO\"><\/span><strong>Armour Security India IPO&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>It is a book-building IPO of \u20b926.51 crore, an entirely fresh issue of 0.07 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 22nd January 2026. The <strong>Armour Security India IPO<\/strong> date is fixed between 14th January 2026 and 19th January 2026. The face value of Armour Security India shares stands at \u20b910 per share, and the IPO Issue price band is set at \u20b955 to \u20b957 per share<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>20th January 2026<\/td><\/tr><tr><td><strong>IPO Open Date<\/strong><\/td><td>14th January 2026<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>19th January 2026<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>21st January 2026<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>46,50,000 shares(agg. up to \u20b927 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b910 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>2,000 Shares<\/td><\/tr><tr><td><strong>Issue Price&nbsp;<\/strong><\/td><td>\u20b955 to \u20b957 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>NSE SME<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>22nd January 2026<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Armour_Security_India_IPO_Listing\"><\/span><strong>Armour Security India IPO Listing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>On the NSE &amp; SME platforms, Armour Security India shares are listed at \u20b949.90 per share, reflecting a 20.00% discount to the issue price of \u20b957.00 per share.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_the_Armour_Security_India_IPO\"><\/span><strong>About the Armour Security India IPO&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Armour Security India Limited was established in August 1999. Armour Security India specialises in providing a range of security services, including armed guarding, workforce 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 across various states, to navigate the ever-changing dynamics of the security market. The company offers its clientele a comprehensive private security solution that encompasses security planning and management services. The company provides 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 workforce services, comprising skilled, semi-skilled, and unskilled personnel.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Armour_Security_India_Limited_Financials\"><\/span><strong>Armour Security India Limited Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The company&#8217;s financial analysis is essential before applying for <strong>Armour Security India Limited&#8217;s IPO. <\/strong>Refer to the table to learn about Vidya Wires Limited&#8217;s financial information.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Year Ended<\/strong><\/td><td><strong>30th Sep 2025<\/strong><\/td><td><strong>31st March 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2024 (in cr.)<\/strong><\/td><td><strong>31st March 2023 (in cr.)<\/strong><\/td><\/tr><tr><td><strong>Assets<\/strong><\/td><td>32.10<\/td><td>27.37<\/td><td>23.61<\/td><td>15.51<\/td><\/tr><tr><td><strong>Revenue<\/strong><\/td><td>19.69<\/td><td>36.56<\/td><td>33.10<\/td><td>28.97<\/td><\/tr><tr><td><strong>Profit After Tax<\/strong><\/td><td>2.90<\/td><td>3.97<\/td><td>2.62<\/td><td>2.26<\/td><\/tr><tr><td><strong>EBITDA<\/strong><\/td><td>4.30<\/td><td>4.97<\/td><td>3.67<\/td><td>3.12<\/td><\/tr><tr><td><strong>Net Worth<\/strong><\/td><td>21.34<\/td><td>18.43<\/td><td>14.46<\/td><td>3.49<\/td><\/tr><tr><td><strong>Reserves and Surplus<\/strong><\/td><td>9.12<\/td><td>6.21<\/td><td>2.24<\/td><td>3.48<\/td><\/tr><tr><td><strong>Total Borrowings<\/strong><\/td><td>6.01<\/td><td>4.69<\/td><td>1.80<\/td><td>0.85<\/td><\/tr><\/tbody><\/table><\/figure><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Armour Security India Limited&#8217;s revenue increased by 10.45% from \u20b933.10 crores in March 2024 to \u20b936.56 crores in March 2025. Moreover, the company&#8217;s PAT increased by 51.52% from \u20b92.62 crores in March 2024 to \u20b93.97 crores in March 2025.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/docs.google.com\/document\/d\/17HDTRE-2nT7vixdqgJBiSqr4_tKmS0Lchf-BoikgekQ\/edit?tab=t.0\" rel=\"nofollow noopener\" target=\"_blank\">Aritas Vinyl IPO GMP &amp; Subscription Status: Day 2<\/a><\/p><p><a href=\"https:\/\/docs.google.com\/document\/d\/1o1PKUpnFH1k_x1Vv8GDP5BC_dFwJrBBIDffNhyo9EgY\/edit?tab=t.0\" rel=\"nofollow noopener\" target=\"_blank\">Digilogic Systems IPO<\/a><\/p><p><a href=\"https:\/\/docs.google.com\/document\/d\/1oNGZ0m5k-Zi_0YEwxkqw_-dplHWDWObQcxwOUwWSPxE\/edit?tab=t.0\" rel=\"nofollow noopener\" target=\"_blank\">Shadowfax Technologies IPO<\/a><\/p><p><a href=\"https:\/\/docs.google.com\/document\/d\/1eRcD-si31mkOYOgLQ5Ml3W-QLS02rvtEPLoCv0egKZE\/edit?tab=t.0\" rel=\"nofollow noopener\" target=\"_blank\">Defrail Technologies IPO Listing Today<\/a><\/p><p><a href=\"https:\/\/docs.google.com\/document\/d\/11MoAsu41qV1wzk8i6fENOasss4sLtPaGrAtfOme4bpc\/edit?tab=t.0\" rel=\"nofollow noopener\" target=\"_blank\">Bharat Coking Coal IPO Listing Today<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Armour Security India IPO listing delivers 20.00% discount at \u20b945.90 per share over the issue price band of \u20b955 to \u20b957 per share. The Armour Security India IPO was subscribed 1.82 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received 1.00 times, and non-institutional investors (NIIs) received 1.08 times.<\/p>\n","protected":false},"author":23,"featured_media":59275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[3808],"class_list":["post-59274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo-listing"],"metadata":{"_edit_lock":["1769066807:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["68"],"rank_math_title":["Armour Security India IPO Listing Today; Check Share Price in 2026"],"rank_math_description":["Armour Security India IPO Listing at \u20b945.60 at a discount of 20.00% against the IPO price of \u20b957.00 per share. What should be your next move on the Armour Security India IPO? Read more to know.\n"],"rank_math_focus_keyword":["Armour Security India IPO 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