Armour Security India Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 46,000 (1%) | — | ₹3 Cr |
| NII (HNI) | — | 2,190,000 (47%) | — | ₹1,248 Cr |
| Retail | — | 2,180,000 (47%) | — | ₹1,243 Cr |
| Market Maker | — | 234,000 (5%) | — | ₹13 Cr |
| Σ Total | — | 4,650,000 (100%) | — | ₹26,505 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹114,000 |
| Retail (Max) | 13 | 26,000 | ₹1,482,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,596,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,638,000 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 17 | 33 | 29 |
| EBITDA | 4 | 5 | 4 |
| Profit After Tax | 2 | 3 | 2 |
| Net Worth | 17 | 14 | 3 |
| Total Assets | 24 | 24 | 16 |
| Reserves & Surplus | 5 | 2 | 3 |
| Total Borrowing | 1 | 2 | 1 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding of Working Capital requirement – 15.90
- Funding Capital expenditure requirements for purchasing of machinery, equipment and vehicles – 1.61
- Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the Company – 2.40
- General Corporate Expenses. –
Company Overview
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:-
- Private Security Services: Private security services provide trained security guards based on client requirements.
- Integrated Facility Management Services: Offerings include daily cleaning services, waste disposal, building systems maintenance and security.
- House Keeping Services: Offers office cleaning services, including dusting, surface cleaning, carpet cleaning, and bathroom maintenance.
- Event Management Services: Event Management for weddings, parties, conferences, and product launches.
- Firefighting Services: Firefighting services include training in drills, equipment use, and safety procedures.
- Security Training: Offers training for security officers on critical security issues and policies.
- Supervision Services: Supervision Services tailored to client needs and industry standards.
- Other Manpower Services: Offers skilled, semi-skilled, or unskilled blue-collar manpower for various tasks, including data entry operators, pantry staff, gardeners, drivers, cooks, attendants, plumbers, electricians, and clerks as clients need.
As of February 28th, 2025, the company had 37 permanent employees and 1269 contractual employees.
Competitive Strength:
- Diversified Services Portfolio
- Expertise and Experience.
- Compliance and Certifications.
- Customer Retention.
- Technology Integration