Armour Security IPO GMP is currently at ₹0 as of 20 January 2026, based on the latest activity in the grey market. The grey market premium gives an early indication of how the IPO is being perceived by informal market participants before its official listing.
The IPO has an upper price band of 57 per share. Based on the current Armour Security IPO GMP, the estimated listing price is around ₹57 (0%) per share. At the current level, the GMP indicate weak sentiment ahead of listing. A positive GMP usually reflects decent investor interest, while a lower GMP signals cautious sentiment.
Highest GMP value of Armour Security IPO: ₹4 on 13 January 2026
Lowest GMP value of Armour Security IPO: ₹0 on 19 January 2026
Contents
Armour Security IPO Day-wise GMP Trend
| Date | IPO Price | GMP | Est. Listing | Gain | Trend |
|---|---|---|---|---|---|
| 20-Jan-2026 | ₹57 | ₹0 | ₹57 | 0% | FLAT |
| 19-Jan-2026 | ₹57 | ₹0 | ₹57 | 0% | DOWN |
| 18-Jan-2026 | ₹57 | ₹4 | ₹61 | 7.02% | FLAT |
| 17-Jan-2026 | ₹57 | ₹4 | ₹61 | 7.02% | FLAT |
| 16-Jan-2026 | ₹57 | ₹4 | ₹61 | 7.02% | FLAT |
| 15-Jan-2026 | ₹57 | ₹4 | ₹61 | 7.02% | FLAT |
| 14-Jan-2026 | ₹57 | ₹4 | ₹61 | 7.02% | FLAT |
| 13-Jan-2026 | ₹57 | ₹4 | ₹61 | 7.02% | UP |
| 12-Jan-2026 | ₹57 | ₹2 | ₹59 | 3.51% | UP |
| 11-Jan-2026 | ₹57 | ₹1 | ₹58 | 1.75% | FLAT |
| 10-Jan-2026 | ₹57 | ₹1 | ₹58 | 1.75% | FLAT |
| 09-Jan-2026 | ₹57 | ₹1 | ₹58 | 1.75% | FLAT |
Disclaimer: IPO GMP, Kostak, and Subject to Sauda (Sub2) rates are unofficial and shared for informational purposes only. We do not trade or recommend participation in the grey market. GMP is not a guarantee of listing performance. Investors should apply after reviewing the company’s fundamentals and official offer documents.
Armour Security IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | January 14, 2026 |
| IPO Close Date | January 19, 2026 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹55 to ₹57 per share |
| Issue Size | Approx ₹27 crores |
| Fresh Issue | Approx ₹27 crores |
| Issue Type | Book Build Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
Also Read: Armour Security IPO
Armour Security IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | January 14, 2026 |
| IPO Close Date | January 19, 2026 |
| Basis of Allotment | January 20, 2026 |
| Refunds Initiation | January 21, 2026 |
| Credit to Demat Account | January 21, 2026 |
| IPO Listing Date | January 22, 2026 |
| Bidding Cut-off Time | January 19, 2026 – 5 PM |
Armour Security Lots Details
| Activity | Date |
|---|---|
| Issue Price | ₹55.00-57.00 |
| Market Lot | 2,000 Shares |
| Individual Investor | ₹2,28,000 |
Armour Security Business & Financial Health
Armour Security (India) operates in the private security and facility management space, providing guarding, housekeeping and manpower services to corporate and government clients across India. The company has built a steady business with long-term contracts and repeat customers.
Financially, Armour Security has shown consistent growth, with revenue and profits improving over the last three years. Rising EBITDA and stronger net worth indicate better operational efficiency. Overall, its business model looks stable, though performance depends on contract continuity and workforce management.
Armour Security GMP FAQs
What is the latest Armour Security IPO GMP today?
The current GMP is ₹0 as of 20 January 2026. It reflects the unofficial grey market sentiment ahead of the listing.
What is the estimated listing price of Armour Security IPO?
Estimated listing price is around ₹57 (0%) per share of Armour Security IPO. Actual listing price may differ.
What is the minimum market lot for Armour Security SME IPO?
The minimum market lot size is 2,000 shares, requiring an investment of approximately ₹2,28,000 at the issue price.
What is the estimated profit per lot in Armour Security IPO?
The estimated profit is calculated as:
Market lot size × GMP = Estimated Profit
Expert Review
Armour Security IPO GMP at ₹4 indicates mild but stable grey market interest. The flat trend suggests cautious optimism rather than strong demand. Investors should not rely only on GMP and must assess financials, valuations, and SME risks before taking an investment call.
