Armour Security IPO vs Crazy Snacks IPO

Comparison between Armour Security IPO and Crazy Snacks IPO.

IPO Details

Armour Security IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Crazy Snacks IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Armour Security IPO is up to ₹25.17 Cr whereas the issue size of the Crazy Snacks IPO is up to ₹0.00 Cr. The final issue price of Armour Security IPO is ₹57.00 per share and of Crazy Snacks IPO is .

 Armour Security IPOCrazy Snacks IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹55.00 per share
Issue Price (Upper)₹57.00 per share
Issue Price (Final)₹57.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares
Fresh Issue Size44,16,000 shares56,00,000 shares
Fresh Issue Size (Amount)up to ₹25.17 Crup to ₹0.00 Cr
OFS Issue Size0 shares13,98,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total44,16,000 shares69,98,000 shares
Issue Size Total (Amount)up to ₹25.17 Crup to ₹0.00 Cr

IPO Timetable

Armour Security IPO opens on Jan 14, 2026, while Crazy Snacks IPO opens on . The closing date of Armour Security IPO and Crazy Snacks IPO is Jan 19, 2026, and , respectively.

Financials & KPIs

Armour Security IPO P/E ratio is 17.53, as compared to Crazy Snacks IPO P/E ratio of .

 Armour Security IPOCrazy Snacks IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets32.1027.3723.6115.51
Total Income19.6936.5633.1028.97
Profit After Tax2.903.972.622.26
EBITDA4.304.973.673.12
NET Worth21.3418.4314.463.49
Reserves and Surplus9.126.212.243.48
Total Borrowing6.014.691.800.85
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets91.0885.9088.6155.24
Total Income26.03129.0889.1777.97
Profit After Tax1.285.323.542.11
NET Worth32.4031.1226.3019.49
Reserves and Surplus14.4629.4124.5917.78
Total Borrowing49.2145.2248.0126.18
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.876.14
Promoter Shareholding (Post-Issue)70.12
P/E Ratio17.53
Market Cap₹96.16 Cr.
ROE21.56%17.08%
ROCE24.47%14.16%
Debt/Equity0.251.45
EPS₹3.25
RoNW21.56%17.08%

Shares Offered

In the Armour Security IPO Retail Individual Investors (RII) are offered 21,80,000 shares while in Crazy Snacks IPO retail investors are offered 21,80,000 shares. Qualified Institutional Buyers (QIB) are offered 46,000 shares in Armour Security IPO and in Crazy Snacks IPO.

 Armour Security IPOCrazy Snacks IPO
Anchor Investor Reservation0 shares
Market Maker Reservation2,34,000 shares
QIB46,000 shares
NII21,90,000 shares
RII21,80,000 shares
Employee0 shares
Others
Total44,16,000 shares

Bids Received (Subscription)

Armour Security IPO subscribed 1.82x in total, whereas Crazy Snacks IPO subscribed .

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Armour Security IPO Vs Crazy Snacks IPO