
Armour Security India IPO GMP: Day 1 IPO Live Updates
Posted by : sachet | Wed Jan 14 2026

The Armour Security India IPO GMP is ₹4 as of 14th January 2026. It is a book-building issue IPO of ₹26.51 crores. This is an entirely fresh issue of 0.47 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 22nd January 2026. The face value of Armour Security India IPO shares is ₹10 per share, and the IPO price band is ₹55 to ₹57 per share. Retail investors can bid for a minimum of 2 lots of 4,000 shares worth ₹2,28,000
Armour Security India IPO GMP Grey Market Premium
As mentioned earlier, the Armour Security India IPO GMP currently stands at ₹7.00 per share. Thus, the estimated listing price would be at ₹112.00. This indicates that the estimated listing gain in this IPO could be 6.67%. Explore the table for Armour Security India IPO GMP updates.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 14-01-2026 | ₹57.00 | ₹4.00 | ₹61.00 | 7.02% |
| 13-01-2026 | ₹57.00 | ₹4.00 | ₹61.00 | 7.02% |
| 12-01-2026 | ₹57.00 | ₹2.00 | ₹59.00 | 3.51% |
| 11-01-2026 | ₹57.00 | ₹1.00 | ₹58.00 | 1.75% |
| 10-01-2026 | ₹57.00 | ₹1.00 | ₹58.00 | 1.75% |
| 9-01-2026 | ₹57.00 | ₹1.00 | ₹58.00 | 1.75% |
| 8-01-2026 | ₹57.00 | ₹1.00 | ₹58.00 | 1.75% |
| 7-01-2026 | ₹57.00 | ₹1.00 | ₹58.00 | 1.75% |
| 6-01-2026 | ₹57.00 | ₹1.00 | ₹58.00 | 1.75% |
| 5-01-2026 | ₹57.00 | ₹1.00 | ₹58.00 | 1.75% |
| 4-01-2026 | ₹57.00 | ₹1.00 | ₹58.00 | 1.75% |
Note: GMP details are subject to change based on market conditions and fluctuations. Check the live Armour Security India IPO GMP status at Univest.
Armour Security India IPO Details
| IPO Allotment Date | 20th January 2026 |
| IPO Open Date | 14th January 2026 |
| IPO Close Date | 19th January 2026 |
| Refund Initiation | 21st January 2026 |
| Issue Size | 46,50,000 shares(agg. up to ₹27 Cr) |
| Face Value | ₹10 per share |
| Lot Size | 2,000 Shares |
| Issue Price | ₹55 to ₹57 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | 22nd January 2026 |
Also Read: Armour Security India IPO GMP & Review: Apply or Avoid?
Explanation
Armour Security India IPO: Armour Security India IPO Limited has declared an issue price band of ₹55 to ₹57 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 4,000 shares, each worth ₹2,28,000. The face value of Armour Security India IPO Limited shares is ₹10 per share. The shares of Armour Security India IPO Limited will be listed on NSE and SME on its tentative listing day, 22nd January 2026. Scroll down to check GMP updates and Armour Security India IPO reviews.
Armour Security India IPO Objectives
The primary aim of the Armour Security India IPO is to raise ₹44.87 crores. On the other hand, Armour Security India has decided to utilise these funds in different ways.
- To the Funding of the Working Capital requirement
- To fund capital expenditure requirements for the purchase of machinery, equipment and vehicles
- To Pre-payment/re-payment of, in part or in full, certain outstanding borrowings of the Company
- To General Corporate Expenses.
Armour Security India IPO Registrar
Skyline Financial Services Private Limited is the registrar for the Armour Security India IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Armour Security India allotment and refund, you can contact Skyline Financial Services Private Limited at grievances@skylinerta.com or at 02228511022.
Armour Security India IPO Review

The Armour Security India IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Armour Security India Limited’s revenue increased by 10.45% from ₹33.10 crores in March 2024 to ₹36.56 crores in March 2025. Moreover, the company’s PAT increased by 51.52% from ₹2.62 crores in March 2024 to ₹3.97 crores in March 2025.
Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Armour Security India IPO or not.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 17.53 |
| EPS (Earnings Per Share) | 3.25 |
| RoNW | 13.61% |
| ROCE | 15.45% |
| ROE | 13.61% |
| EBITDA Margin | 21.84% |
| Price to Book Value | 3.78 |
| Market Capitalisation | ₹96.16 Cr |
The P/E ratio of Armour Security India Limited shares is 17.53, and its Earnings Per Share (EPS) stands at 3.25. Thus, the Armour Security India IPO can deliver gains on its tentative listing date, 22nd January 2026.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Armour Security India Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 17.53 | 16.55 |
| EPS | 3.25 | 3.44 |
FAQs on Armour Security India IPO
What is the Armour Security India IPO GMP?
Currently, on 14th January 2026, the Armour Security India IPO GMP (Grey Market Premium) stands at ₹4. This indicates that the estimated listing price could be ₹61.00 per share.
What is the issue price of the Armour Security India IPO?
The Armour Security India IPO issue price band is set at ₹55.00 to ₹57.00 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 4,000 shares, worth ₹2,28,000. Moreover, HNIs are required to bid for a minimum of 3 lots (6,000 shares) worth ₹3,42,000.
Who is the registrar of the Armour Security India IPO?
Skyline Financial Services Private Limited is the registrar for the Armour Security India IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Armour Security India allotment and refund, you can contact Skyline Financial Services Private Limited at grievances@skylinerta.com or at 02228511022.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Armour Security India IPO, download the Armour Security India IPO RHP and Armour Security India IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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