Comparison between Armour Security IPO and GLEN Industries IPO.
Armour Security IPO is a SME Bookbuilding IPO proposed to list at NSE SME while GLEN Industries IPO is a SME Bookbuilding proposed to list at BSE SME.
| Armour Security IPO | GLEN Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Corpwis Advisors Pvt.Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Armour Security IPO is up to ₹0.00 Cr whereas the issue size of the GLEN Industries IPO is up to ₹59.79 Cr. The final issue price of Armour Security IPO is and of GLEN Industries IPO is ₹97.00 per share.
| Armour Security IPO | GLEN Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹92.00 per share | |
| Issue Price (Upper) | ₹97.00 per share | |
| Issue Price (Final) | ₹97.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 1200 shares | |
| Fresh Issue Size | 46,50,000 shares | 61,71,600 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹59.79 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 46,50,000 shares | 61,71,600 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹59.79 Cr |
Armour Security IPO opens on , while GLEN Industries IPO opens on Jul 08, 2025. The closing date of Armour Security IPO and GLEN Industries IPO is , and Jul 10, 2025, respectively.
| Armour Security IPO | GLEN Industries IPO | |
|---|---|---|
| Anchor Bid Date | Jul 07, 2025 | |
| Issue Open | Jul 08, 2025 | |
| Issue Close | Jul 10, 2025 | |
| Basis Of Allotment (Tentative) | Jul 11, 2025 | |
| Initiation of Refunds (Tentative) | Jul 14, 2025 | |
| Credit of Share (Tentative) | Jul 14, 2025 | |
| Listing date (Tentative) | Jul 15, 2025 | |
| Anchor Lockin End date 1 | Aug 10, 2025 | |
| Anchor Lockin End date 2 | Oct 09, 2025 |
Armour Security IPO P/E ratio is , as compared to GLEN Industries IPO P/E ratio of 9.33.
| Armour Security IPO | GLEN Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Armour Security India Limited Financial Information (Restated Consolidated)
| GLEN Industries Limited Financial Information (Restated Consolidated)GLEN Industries Limited's revenue increased by 18% and profit after tax (PAT) rose by 113% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.80 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹233.40 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.10% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.26% | 16.94% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.12 | 2.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.10% | 45.43% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Armour Security IPO Retail Individual Investors (RII) are offered while in GLEN Industries IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Armour Security IPO and 12,04,800 shares in GLEN Industries IPO.
| Armour Security IPO | GLEN Industries IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,00,000 shares | |
| Market Maker Reserveration | 2,34,000 shares | 3,25,200 shares |
| QIB | 12,04,800 shares | |
| NII | 9,06,000 shares | |
| RII | 21,07,200 shares | |
| Employee | 1,53,600 shares | |
| Others | ||
| Total | 61,71,600 shares |
Armour Security IPO subscribed in total, whereas GLEN Industries IPO subscribed 260.28x.
| Armour Security IPO | GLEN Industries IPO | |
|---|---|---|
| QIB (times) | 192.46x | |
| NII (times) | 476.25x | |
| Big NII (times) | 588.85x | |
| Small NII (times) | 251.24x | |
| RII (times) | 225.15x | |
| Employee (times) | 0.36x | |
| Other (times) | ||
| Total (times) | 260.28x |
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