
Services · NSE
Armour Security India was incorporated in August 1999 and provides a wide range of security and manpower-related services across India. The company mainly focuses on commercial and residential security and is known for offering dependable and end-to-end security solutions. With branches across multiple states, it operates on a pan-India level to meet the changing needs of the security industry. Its services include private security guards, complete security planning and management, integrated facility management, housekeeping, and manpower supply. The company caters to sectors such as corporate offices, industries, banks, healthcare institutions, government bodies, educational institutions, and universities by providing individual security personnel or full teams as required. In addition, it offers event security, firefighting services with training and drills, security training programs, supervision services, and skilled, semi-skilled, and unskilled manpower for roles like data entry operators, drivers, electricians, plumbers, gardeners, and support staff. As of 28 February 2025, the company employed 37 permanent staff members and 1,269 contractual employees.
Price Band
₹55 – ₹57
Issue Size
₹26.51 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹57
at current GMP
Subscribed
1.87x
overall
Open
14 Jan 2026
Close
19 Jan 2026
Allotment
20 Jan 2026
Refund
21 Jan 2026
Demat Credit
22 Jan 2026
Listing
22 Jan 2026
Last updated: 22 Jan 2026
Current Premium
Issue Price (Upper)
₹57
Band: ₹55 – ₹57
Estimated Listing Price
₹57
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,14,000
Estimated Profit / Lot
₹0
2000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹57 |
| 30 Oct 2026 | — | 0.0% | ₹57 |
| 29 Oct 2026 | — | 0.0% | ₹57 |
GMP is unofficial market data. Not a guarantee of listing performance.
Armour Security India Limited is bringing an initial public offering (IPO) in the Services sector with an aggregate issue size of ₹26.51 Crores. The shares are offered at a price band of ₹55 to ₹57 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-01-19, the basis of allotment is scheduled to be finalized on 2026-01-20. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Armour Security India Limited IPO is ₹0, which indicates an expected listing price of ₹57.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.