Armour Security India Ltd NSE SME IPO 2026 | Price Band, Lot Size, Financials ,GMP & Subscription
Latest Grey Market Premium & IPO Details
Armour Security NSE SME IPO 2026 – Key Info & Highlights
Armour Security India Ltd is launching its NSE SME IPO from 14–19 January 2026. The IPO aims to raise capital for business expansion, working capital, technology upgrades, and employee training. Price band is ₹55–₹57 per share with a lot size of 2000 shares. Investors can track Subscription, GMP , Allotment, and listing updates during the IPO.
📌 IPO Details
| Company Name | Armour Security NSE SME IPO |
|---|---|
| Sector / Industry | Security Services / Facility Management Services |
| IPO Open Date | 14-01-2026 |
| IPO Close Date | 19-01-2026 |
| Allotment Date | 20-01-2026 |
| Refund Date | 21-01-2026 |
| Share Credit Date | 21-01-2026 |
| Listing Date | 22-01-2026 |
| Price Band | ₹55 - ₹57 |
| Lot Size | 2000 Shares |
| Min Investment | ₹2,28,000 ( 2 lot price ) |
| Net Issue Size | ₹26.51 Cr |
| Fresh Issue | ₹25.17 Cr |
| IPO Listing At | BSE NSE |
| DRHP | View DRHP |
| RHP | View RHP |
| Issue Type | Book Build Issue |
| Face Value | ₹10 Per Equity Share |
| Promoter Holding Pre IPO | 96.80 % |
* All Dates are provisional
Quota Allocation
| Category | Allocation (%) |
|---|---|
| Retail Investors | 46.88% |
| QIB (Qualified Institutional Buyers) | 0.99% |
| HNI (High Net Worth Individuals) | 47.10% |
📈 Grey Market Premium (GMP) Day-wise Trend
| GMP Date | GMP Price | Trend | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 22-01-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 22-01-2026 09:15 |
| 21-01-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 21-01-2026 21:33 |
| 20-01-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 20-01-2026 23:41 |
📝 About Armour Security NSE SME
Incorporated in August 1999, Armour Security India Ltd is a leading integrated security and facility management company in India, specializing in armed guarding, manpower services, consultancy, and comprehensive security solutions for commercial, residential, and institutional clients. The company is known for its reliable service and professionalism across the Indian market.
With PAN India operations, Armour Security provides individual personnel and complete teams for sectors including corporate offices, industrial units, banking, healthcare, government, and education. Key services include private security, electronic surveillance, access control, fire & safety systems, integrated facility management, housekeeping, event management, firefighting, security training, supervision, and other manpower services.
As of February 28, 2025, the company employed 37 permanent and 1,269 contractual staff, emphasizing technology adoption, workforce training, and operational efficiency, making it a trusted and credible name in India’s security and facility management sector.
Armour Security NSE SME Revised Financials
Profit / Loss & Total Assets (Last 3 Years)
| Financial Year | Revenue (₹ Cr) | Profit / Loss (₹ Cr) | Total Assets (₹ Cr) |
|---|---|---|---|
| FY 2022 | 26.81 | +0.29 | 11.95 |
| FY 2023 | 28.85 | +2.26 | 15.51 |
| FY 2024 | 32.93 | +2.62 | 23.61 |
Note: Positive figures indicate profit. Total Assets are reported in ₹ Cr.
Armour Security (India) Ltd - Objects of Issue
- Business Expansion – Opening new branches, regional offices, and operational hubs across India to enhance security and facility management services.
- Debt Repayment – Partially repaying existing loans and borrowings to reduce financial costs and strengthen the balance sheet.
- Working Capital Enhancement – Ensuring sufficient funds for day-to-day business operations such as staff salaries, equipment maintenance, and security deployments.
- Acquisitions & Strategic Investments – Making selective acquisitions and investments in allied security or facility management businesses to expand market presence and technological capabilities.
- Technology Upgradation & Training – Investing in advanced security systems, CCTV, surveillance technologies, and employee training programs to improve service efficiency and client satisfaction.
Armour Security (India) Ltd - Strengths
- Experienced Leadership Team – The management team has decades of proven experience in the security and facility management industry, enabling strategic decision-making and operational excellence.
- Trusted Brand Reputation – Armour Security India is recognized as a reliable and credible brand among clients and corporate partners, facilitating new contracts and sustained business growth.
- Advanced Security Technology – Utilizes state-of-the-art CCTV, electronic surveillance, access control, fire & safety systems, and smart monitoring solutions to ensure service efficiency and client satisfaction.
- Extensive Service Network – Strong operational presence across major Indian cities and industrial hubs, with regional offices providing timely and high-quality services.
- Robust Financial Position – Healthy revenue growth, positive profits, and a strong asset base support sustainable expansion and competitive advantage in the security services market.
- Focus on Employee Training – Regular training and skill development for staff and security personnel ensures consistent service quality and builds long-term client trust.
Armour Security (India) Ltd - Risks
- Market Demand Risk – Fluctuations in demand for security and facility management services can directly impact revenues and profitability, especially in the SME segment.
- Regulatory & Compliance Risk – Changes in government regulations, labor laws, licensing requirements, or safety standards may affect day-to-day operations and service delivery.
- Financial & Liquidity Risk – Inadequate cash flows, high operating costs, or unexpected expenses could put pressure on financial stability and limit the ability to expand operations.
- Operational & Workforce Risk – Disruptions such as staff shortage, inadequate training, or inefficiencies in deployment could impact service quality and client satisfaction.
- Competitive Risk – Growing competition from both established and new security service providers could affect market share, pricing power, and overall profitability.
- Technology Adoption Risk – Delays in upgrading surveillance systems or failure to adopt latest security technologies could reduce efficiency and client retention.
Armour Security (India) Ltd
Integrated Security & Facility Management Services | NSE SME IPO 2026
| Founded in: | 1999 |
|---|---|
| MD/CEO: | Mrs Arnima Gupta |
| Address: | B-87, Second Floor Defence Colony New Delhi, New Delhi-110024 |
| Website: | www.armoursecurityindia.com |
| Phone: | +91 9810139833 |
| Email: | cs@armoursecurities.com |
| Services: | Manned Security, CCTV Surveillance, Cash Logistics, Fire & Safety, Facility Management, Electronic Security Systems |
IPO Quick Info
14 Jan 2026
19 Jan 2026
Upcoming
Lead Manager(s)
- Sobhagya Capital Options Pvt.Ltd.
Frequently Asked Questions
Armour Security India offers a wide range of services including private security, electronic surveillance, access control, fire & safety systems, integrated facility management, housekeeping, event management, firefighting, security training, supervision, and other manpower services.