Sharescart Research Club logo
Products
Research
Tools
About
ChatGPT Claude Perplexity
Summarize with
ChatGPT Claude Perplexity
Join Channel
Apollo Green₹ 72 (28.6%)ASK Investment₹ 895 (-3.2%)AVPL ₹ 49 (0%)Bootes Impex₹ 775 (-8.8%)CIAL ₹ 442 (-0.5%)CSK ₹ 254 (-3.1%)ESDS Software₹ 478 (2.8%)Garuda Aerospace₹ 468 (-2.1%)Goodluck Defence₹ 385 (16%)Hero Motors₹ 325 (0%)Hinduja Leyland₹ 248 (0%)ICL Fincorp₹ 25 (0%)Incred Holdings₹ 154 (2.7%)Kineco Limited₹ 3285 (0%)Lava ₹ 60 (15.4%)Market Simplified₹ 26 (-7.1%)Matrix Gas₹ 12 (-20%)Motilal Oswal₹ 12.25 (-2%)MSEI ₹ 6.35 (-2.3%)NCDEX ₹ 368 (-1.6%)NSE ₹ 1985 (-2%)Onix Renewable₹ 68 (21.4%)OYO ₹ 23 (-4.2%)OYO Assets₹ 9.25 (-7%)Philips India₹ 1250 (0%)Polymatech Electronics₹ 56 (-3.4%)SBI Mutual₹ 768 (-0.9%)Taparia Tools₹ 6050 (0%)VCI Chemical₹ 64 (0%)Zepto ₹ 40 (-4.8%)

15 Days Price Change

Armour Security (I) IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds

WEBSITE Inc. Year: 1999 Industry: Professional Services Listed Page

Profile
Issue Size 26.51 Cr
Profile
Price Range 55  to  57 per share
Profile
Min Investment ₹57
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Originating from a single office in Defence Colony, Delhi, over the last two decades we have expanded our operations across PAN India, consistently delivering our quality services. We established branch offices in various states of India which helped us to navigate the ever-changing dynamics of the security market. By meticulously selecting our clients, we've accumulated substantial experience, developed methodologies, and honed our capabilities, ensuring the provision of Manpower Security, Integrated Facility Solutions.Mr. Vinod Gupta, our Promoter, brings with him over two decades of experience in the security planning and management industry. With a deep understanding of our business domain, he plays a pivotal role in guiding our company towards success. His extensive experience and strategic insights are instrumental in shaping our company's vision and ensuring continued growth and prosperity.Mrs. Arnima Gupta, our Promoter and Managing Director, brings with her over 15 years of experience in the security planning and management industry. She is responsible for the overall management of the Company which includes but not limited to setting new strategies for our company, business development, financial decision, identification and mitigation of risk etc.We deliver comprehensive private security solutions to our clientele, encompassing security planning and management services. We provide both individual security personnel and full security teams, tailored to diverse sectors such as corporate, industrial, banking, healthcare, governmental institutions, educational establishments, and universities. Our services are tailored to address the distinct security needs of each client. To effectively meet the varied requirements and increasing demands of our clients nationwide, we leverage modern equipment and a trained workforce. Additionally, we offer integrated facility management, housekeeping, and manpower services, comprising skilled, semi-skilled, and unskilled personnel. Read More

Basic Info

Face Value 10 per share

Price 55  to  57 per share

P/E (x) 17.3

Sales( Cr.) 36

PAT( Cr.) 4

EPS 3.3

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Vinod Gupta Arnima Gupta

Pre Issue Share Holding 96.8%

Post Issue Share Holding 70.12%

Listing Details:

Listing Price: 45.6

Listing Gain: -25%

Current Price: 20.1

Gain On Issue: 20.1 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 14, 2026
Closing Date Jan 19, 2026
Allotment Jan 20, 2026
Refund Jan 21, 2026
Delivery of Shares Jan 21, 2026
Listing Date Jan 22, 2026

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 4000 228,000
Retail (Max) -- -- --
S-HNI (Min) 1 4000 228,000
S-HNI (Max) 4 16000 912,000
B-HNI (Min) 5 20000 1,140,000

Objective of the Issue

1.Funding of working capital requirements of the Company2.Funding Capital expenditure requirements for purchasing of machinery, equipments and vehicles3.Pre-payment/re-payment of, in part or full, certain outstanding borrowings of our Company4.General Corporate Expenses

Issue

Category Nos Bid Bid (x)
QIB 0 46000 0x
NII 0 2604000 0x
Retail 0 5624000 0x
EMP 0 0 0x
Total 0 8274000 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Armour Security (I) Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 27 29 33 36
Other Income 0 0 0 1
Total Income 27 29 33 37
Total Expenditure 26 26 29 31
Operating Profit 1 3 4 6
Interest 0 0 0 1
Depreciation 0 0 0 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 0 3 3 5
Provision for Tax 0 1 1 1
Profit After Tax 0 2 3 4
Adjustments 0 0 0 0
Profit After Adjustments 0 2 3 4
Adjusted Earnings Per Share 0.5 4.2 2.1 3.3

Armour Security (I) Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1 3 14 18
Minority's Interest 0 0 0 0
Borrowings 1 1 1 2
Other Non-Current Liabilities 0 0 -0 0
Total Current Liabilities 10 11 8 7
Total Liabilities 12 15 23 27
Fixed Assets 1 1 7 8
Other Non-Current Assets 3 4 6 9
Total Current Assets 8 11 11 10
Total Assets 12 15 23 27

Armour Security (I) Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 2
Cash Flow from Operating Activities 2 0 1 0
Cash Flow from Investing Activities -2 -1 -2 -4
Cash Flow from Financing Activities -1 0 3 3
Net Cash Inflow / Outflow -0 0 1 -1
Closing Cash & Cash Equivalent 0 0 2 1

Armour Security (I) Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.54 4.16 2.14 3.25
CEPS(Rs) 0.94 4.51 2.32 3.43
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 2.32 6.43 11.83 15.08
Core EBITDA Margin(%) 2.19 10.96 11.35 14.42
EBIT Margin(%) 1.76 10.72 11.18 16.35
Pre Tax Margin(%) 1.45 10.45 10.62 14.89
PAT Margin (%) 1.09 7.82 7.95 11.14
Cash Profit Margin (%) 1.9 8.49 8.62 11.75
ROA(%) 2.47 16.64 13.51 15.71
ROE(%) 23.12 95.01 29.17 24.16
ROCE(%) 24.04 98.1 35.75 29.62
Receivable days 86.39 98.7 94.21 81.19
Inventory Days 0 0 0 0
Payable days 0 0 0 0
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.01 0.02 0.37 0.46
EV/Core EBITDA(x) 0.45 0.13 3.15 2.71
Net Sales Growth(%) 0 7.6 14.17 8.27
EBIT Growth(%) 0 556.35 19.07 58.35
PAT Growth(%) 0 674.67 16 51.8
EPS Growth(%) 0 674.61 -48.46 51.8
Debt/Equity(x) 0.56 0.24 0.12 0.25
Current Ratio(x) 0.79 0.99 1.34 1.53
Quick Ratio(x) 0.79 0.99 1.34 1.53
Interest Cover(x) 5.75 40.11 19.96 11.18
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 9% 10% 0% 0%
Operating Profit CAGR 50% 82% 0% 0%
PAT CAGR 33% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 24% 49% 43% 43%
ROCE Average 30% 54% 47% 47%

Company Contact Information

Armour Security (India) Ltd.

Shakshi Mishra

91 9810139833

cs@armoursecurities.com

B-87, Second Floor Defense Colony

IPO Lead Manager(s)

Armour Security (India) Ltd.

Corpwis Advisors Pvt Ltd.

Sobhagya Capital Options Ltd

Registrar Info

Armour Security (India) Ltd.

Skyline Financial Services Pvt Ltd

123 , Vinoba Puri,Lajpat Nagar - II,New Delhi

011-26847136/26833777

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp

Error!