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Armour Security IPO vs Super Iron Foundry IPO

Comparison between Armour Security IPO and Super Iron Foundry IPO.

IPO Details

Armour Security IPO is a SME Fixed Price IPO proposed to list at NSE SME while Super Iron Foundry IPO is a SME Fixed Price proposed to list at BSE SME.

 Armour Security IPOSuper Iron Foundry IPO
LogoArmour Security IPO LogoSuper Iron Foundry IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersCorpwis Advisors Pvt.Ltd.Horizon Management Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Armour Security IPO is up to ₹0.00 Cr whereas the issue size of the Super Iron Foundry IPO is up to ₹64.64 Cr. The final issue price of Armour Security IPO is and of Super Iron Foundry IPO is ₹108.00 per share.

 Armour Security IPOSuper Iron Foundry IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹108.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares
Fresh Issue Size46,50,000 shares59,85,600 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹64.64 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total46,50,000 shares59,85,600 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹64.64 Cr

IPO Timetable

Armour Security IPO opens on , while Super Iron Foundry IPO opens on Mar 11, 2025. The closing date of Armour Security IPO and Super Iron Foundry IPO is , and Mar 13, 2025, respectively.

 Armour Security IPOSuper Iron Foundry IPO
Anchor Bid Date
Issue OpenMar 11, 2025
Issue CloseMar 13, 2025
Basis Of Allotment (Tentative)Mar 17, 2025
Initiation of Refunds (Tentative)Mar 18, 2025
Credit of Share (Tentative)Mar 18, 2025
Listing date (Tentative)Mar 19, 2025
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Armour Security IPO P/E ratio is , as compared to Super Iron Foundry IPO P/E ratio of 46.84.

 Armour Security IPOSuper Iron Foundry IPO
Financials

Armour Security India Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets23.7823.6115.5111.95
Total Income17.3233.128.9726.91
Profit After Tax2.492.622.260.29
Net Worth16.9514.463.491.26
Reserves and Surplus4.732.243.481.25
Total Borrowing1.371.80.850.7
Amount in ₹ Crore

Super Iron Foundry Limited Financial Information (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets226.62232.32209.2197.75
Total Income94.91156.87126.23132.31
Profit After Tax9.533.941.280.88
Net Worth70.5956.5652.6251.33
Reserves and Surplus53.540.0636.1234.83
Total Borrowing110.96118.63120.44125.72
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.8096.53
Promoter Shareholding (Post-Issue)70.53
P/E Ratio46.84
Market Cap₹252.65 Cr.
ROE18.10%7.53%
ROCE22.26%7.22%
Debt/Equity0.126.26
EPS₹2.31
RoNW18.10%6.97%

Shares Offered

In the Armour Security IPO Retail Individual Investors (RII) are offered while in Super Iron Foundry IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Armour Security IPO and 0 shares in Super Iron Foundry IPO.

 Armour Security IPOSuper Iron Foundry IPO
Anchor Investor Reserveration0 shares
Market Maker Reserveration2,34,000 shares3,15,600 shares
QIB0 shares
NII29,92,800 shares
RII29,92,800 shares
Employee0 shares
Others
Total59,85,600 shares

Bids Received (Subscription)

Armour Security IPO subscribed in total, whereas Super Iron Foundry IPO subscribed 1.56x.

 Armour Security IPOSuper Iron Foundry IPO
QIB (times)
NII (times)1.34x
Big NII (times)
Small NII (times)
RII (times)1.79x
Employee (times)
Other (times)
Total (times)1.56x