Initial Public Offerings (IPOs)

Armour Security India IPO (NSE SME)

₹114,000 /2000 shares

Minimum Investment

Armour Security India IPO (NSE SME) Details

Min. Investment

₹114,000

Lot Size

2000

Price Range

₹55 to ₹57

Issue Size

₹27 Cr

About Armour Security India Ltd.

Incorporated in August 1999, Armour Security India specializes in providing a range of security services including armed guarding, manpower services, and consultancy, primarily focused on commercial and residential security needs across various sectors.

Subscription Figures 15 Jan, 2026 00:21

  • QIB 0x
  • NII 0.02x
  • NII ( >10 lakh) 0.01x
  • NII ( <10 lakh) 0.03x
  • Retail 0.09x
  • Total 0.05x

Strengths & Financials of Armour Security India Ltd.

  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.
  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.

Tentative Date / Timetable

Bid/Offer Opens On Jan 14, 2026
Bid/Offer Closes On Jan 19, 2026
Finalisation of Basis of Allotment Jan 20, 2026
Initiation of Refunds Jan 21, 2026
Credit of Shares to Demat Acct Jan 21, 2026
IPO Shares Listing Date Jan 22, 2026

Company Promoters

1. The promoters of the company are Mr. Vinod Gupta and Mrs. Arnima Gupta.\r\n

Lead Managers

1. Corpwis Advisors Pvt.Ltd

Contact Information

  • Armour Security India Ltd. B-87, Second Floor Defence Colony New Delhi, New Delhi, 110024
  • Phone No : +91 9810139833
  • Email : cs@armoursecurities.com
  • Website : https://www.armoursecurities.com/

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