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Armour Security India Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on March 5, 2025 to raise funds through Initial Public Offer (IPO).
Armour Security India Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the NSE SME. Corpwis Advisors Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Armour Security IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | [.] to [.] per share |
| Lot Size | |
| Sale Type | Fresh Capital |
| Reserved for Market Maker | 2,34,000 shares (aggregating up to ₹[.] Cr) |
| Net Offered to Public | 46,50,000 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,22,20,000 shares |
| Share Holding Post Issue | 1,68,70,000 shares |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Net Isssue |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Mar 5, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
The company is known for its comprehensive security solutions and reputation for reliable service within the Indian market.
The company has PAN India operations with branches in various states to navigate the ever-changing dynamics of the security market.
The company offers its clientele a comprehensive private security solution, encompassing security planning and management services.
The company offers individual security personnel and full teams tailored to sectors like corporate, industrial, banking, healthcare, government, education, and universities.
The company offers integrated facility management, housekeeping, and manpower services, comprising skilled, semi-skilled, and unskilled personnel.
The company's services include the following:-
As of February 28th, 2025, the company had 37 permanent employees and 1269 contractual employees.
Competitive Strength:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 23.78 | 23.61 | 15.51 | 11.95 |
| Total Income | 17.32 | 33.1 | 28.97 | 26.91 |
| Profit After Tax | 2.49 | 2.62 | 2.26 | 0.29 |
| Net Worth | 16.95 | 14.46 | 3.49 | 1.26 |
| Reserves and Surplus | 4.73 | 2.24 | 3.48 | 1.25 |
| Total Borrowing | 1.37 | 1.8 | 0.85 | 0.7 |
| Amount in ₹ Crore | ||||
| KPI | Values |
|---|---|
| ROE | 18.10% |
| ROCE | 22.26% |
| Debt/Equity | 0.12 |
| RoNW | 18.10% |
| PAT Margin | 7.95% |
The Company Armour Security India IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Million) |
|---|---|---|
| 1 | Funding of Working Capital requirement | 159.03 |
| 2 | Funding Capital expenditure requirements for purchasing of machinery, equipment and vehicles | 16.09 |
| 3 | Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the Company | 24 |
| 4 | General Corporate Expenses. |
Armour Security India Ltd.
B-87,
Second Floor Defence Colony
New Delhi, New Delhi, 110024
Phone: +91 9810139833
Email: cs@armoursecurities.com
Website: https://www.armoursecurities.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: grievances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Armour Security IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Armour Security IPO open and close dates are not available as of now.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Armour Security IPO using UPI as a payment gateway. Zerodha customers can apply in Armour Security IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Armour Security IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Armour Security IPO dates are not announced. Please check back again after some time.
Armour Security IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Armour Security IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Armour Security IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Armour Security IPO allotment status.
The Armour Security IPO listing date is not yet announced. The tentative date of Armour Security IPO listing is [.].
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