Comparison between Armour Security IPO and Unified Data-Tech Solutions IPO.
Armour Security IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Unified Data-Tech Solutions IPO is a SME Bookbuilding proposed to list at BSE SME.
| Armour Security IPO | Unified Data-Tech Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Sobhagya Capital Options Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Armour Security IPO is up to ₹25.17 Cr whereas the issue size of the Unified Data-Tech Solutions IPO is up to ₹137.17 Cr. The final issue price of Armour Security IPO is ₹57.00 per share and of Unified Data-Tech Solutions IPO is ₹273.00 per share.
| Armour Security IPO | Unified Data-Tech Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹55.00 per share | ₹260.00 per share |
| Issue Price (Upper) | ₹57.00 per share | ₹273.00 per share |
| Issue Price (Final) | ₹57.00 per share | ₹273.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 400 shares |
| Fresh Issue Size | 44,16,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹25.17 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 50,24,400 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹137.17 Cr |
| Issue Size Total | 44,16,000 shares | 50,24,400 shares |
| Issue Size Total (Amount) | up to ₹25.17 Cr | up to ₹137.17 Cr |
Armour Security IPO opens on Jan 14, 2026, while Unified Data-Tech Solutions IPO opens on May 22, 2025. The closing date of Armour Security IPO and Unified Data-Tech Solutions IPO is Jan 19, 2026, and May 26, 2025, respectively.
| Armour Security IPO | Unified Data-Tech Solutions IPO | |
|---|---|---|
| Anchor Bid Date | May 21, 2025 | |
| Issue Open | Jan 14, 2026 | May 22, 2025 |
| Issue Close | Jan 19, 2026 | May 26, 2025 |
| Basis Of Allotment (Tentative) | Jan 20, 2026 | May 27, 2025 |
| Initiation of Refunds (Tentative) | Jan 21, 2026 | May 28, 2025 |
| Credit of Share (Tentative) | Jan 21, 2026 | May 28, 2025 |
| Listing date (Tentative) | Jan 22, 2026 | May 29, 2025 |
| Anchor Lockin End date 1 | Jun 26, 2025 | |
| Anchor Lockin End date 2 | Aug 25, 2025 |
Armour Security IPO P/E ratio is 17.53, as compared to Unified Data-Tech Solutions IPO P/E ratio of 21.83.
| Armour Security IPO | Unified Data-Tech Solutions IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.8 | 86.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.12 | 60.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.53 | 21.83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹96.16 Cr. | ₹548.46 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.56% | 48.81% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.47% | 52.55% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.25 | ₹12.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.56% | 39.23% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Armour Security IPO Retail Individual Investors (RII) are offered 21,80,000 shares while in Unified Data-Tech Solutions IPO retail investors are offered 21,80,000 shares. Qualified Institutional Buyers (QIB) are offered 46,000 shares in Armour Security IPO and 10,04,800 shares in Unified Data-Tech Solutions IPO.
| Armour Security IPO | Unified Data-Tech Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 15,06,800 shares |
| Market Maker Reservation | 2,34,000 shares | 2,67,600 shares |
| QIB | 46,000 shares | 10,04,800 shares |
| NII | 21,90,000 shares | 7,54,000 shares |
| RII | 21,80,000 shares | 17,58,800 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 44,16,000 shares | 50,24,400 shares |
Armour Security IPO subscribed 1.82x in total, whereas Unified Data-Tech Solutions IPO subscribed 91.12x.
| Armour Security IPO | Unified Data-Tech Solutions IPO | |
|---|---|---|
| QIB (times) | 1.00x | 83.22x |
| NII (times) | 1.08x | 212.43x |
| Big NII (times) | 1.16x | |
| Small NII (times) | 0.92x | |
| RII (times) | 2.58x | 43.62x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.82x | 91.12x |
