Armour Security IPO was subscribed 1.82 times on the last day, while the retail quota was subscribed 2.58 times, QIB subscribed 1.00 times, and the NII quota subscribed 1.08 times, respectively.
Details About Armour Security IPO
Armour Security got approval from SEBI for an IPO of ₹27 crores, via fresh issue with a face value of ₹10 each.
Moreover, the company has set up a price band between ₹55 to ₹57 per share.
In this IPO, a total of 4000 shares were available in 2 lot sizes for the minimum Retail category and for the maximum Retail category.
S-HNI (Min) has a total of 6000 shares in 3 lot sizes. S-HNI Minimum 16,000 crores, 8 lot sizes, and B-HNI 18000 shares in 9 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹2,28,000 and maximum investment.
- Small HNI (S-HNI): Minimum investment of ₹3,42,000.
- Small HNI (S-HNI): Maximum Investment of ₹9,12,000.
- B-HNI: Minimum investment of ₹10,26,000.
Subscription duration of the Armour Security IPO
The opening date of the Armour Security IPO subscription was January 14, 2026, and the closing date was January 19, 2026. The Armour Security IPO allotment was finalized on January 20, 2026, and the IPO listing is on January 22, 2026.
Funds Deployment of This Company
- Funding of Working Capital requirement.
- Funding Capital expenditure requirements for purchasing of machinery, equipment, and vehicles.
- Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the Company.
- General Corporate Purpose.
About Armour Security IPO
Armour Security India, founded in August 1999, has been engaged in offering a wide range of security services such as armed guards, manpower support, and consultancy for commercial and residential clients across different sectors.
Armour Security India has built a reputation for providing complete security solutions and reliable services in India.
From security planning to management services, the company provides complete private security solutions serving sectors like corporate, industrial, banking, healthcare, government, education, and universities.
