Established in August 1999, Armour Security India is a specialized provider of comprehensive security and manpower solutions. The company offers a complete suite of services, including armed guarding, consultancy, and security planning and management, tailored to meet the needs of commercial, residential, and institutional clients across various sectors such as corporate, industrial, banking, healthcare, government, and education.
Operating nationwide with a network of branches, Armour Security India is recognized for its reliable service and adaptive approach in the dynamic security market. Its offerings extend beyond core security to include integrated facility management, housekeeping, and the supply of skilled, semi-skilled, and unskilled manpower, providing clients with a fully customized and holistic solution.
Armour Security India has set the subscription period for its Initial Public Offering (IPO) from January 14 to January 19, 2026. This Book Built Issue aims to raise approximately ₹27 crores, consisting of a fresh issue of ₹27 crores and an offer for sale component.
The IPO price band has been fixed between ₹55 and ₹57 per share, with a face value of ₹10 per share. The allocation of shares is structured as 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net Worth Individuals (HNIs). The basis of allotment will be finalized on January 20, 2026, and the equity shares are scheduled to be listed on the NSE SME platform on January 22, 2026.
Financially, the company reported revenue growth, with ₹36.56 crores in 2025 compared to ₹33.10 crores in 2024. Its profitability also increased, with a net profit of ₹3.97 crores in 2025 against ₹2.62 crores in the previous year.
Armour Security IPO Details
| IPO Date | January 14, 2026 to January 19, 2026 |
| Listing Date | Thu, Jan 22, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹55 to ₹57 |
| Lot Size | 2,000 Shares |
| Issue Size | Approx ₹27 Crores |
| Issue Type | Book building IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,22,20,000 shares |
| Share Holding Post Issue | 1,68,70,000 shares |
Armour Security IPO Dates
Armour Security’s Initial Public Offering (IPO) opens on January 14 and closes on January 19. The basis of allotment will be announced on January 20, with the official listing date set for January 22.
| IPO Open Date | Wed, Jan 14, 2026 |
| IPO Close Date | Mon, Jan 19, 2026 |
| Tentative Allotment | Tue, Jan 20, 2026 |
| Refunds | Wed, Jan 21, 2026 |
| Credit of Shares to Demat | Wed, Jan 21, 2026 |
| Tentative Listing Date | Thu, Jan 22, 2026 |
Armour Security IPO Market Lot
Based on the price band of ₹57 per share, the minimum application size for the Armour Security IPO is set at 4,000 shares, requiring a total investment of ₹2,28,000.
| 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 | 8 | 16,000 | ₹9,12,000 |
| B-HNI Minimum | 9 | 18,000 | ₹10,26,000 |
