Armour Security (India) Trading Performance Analyzed
Armour Security (India)’s stock is currently showing a significant drop in value compared to its initial offering. It’s trading at Rs 43.35 on the NSE, which is 23.95% lower than the price it was sold at when it first went public. This means investors are seeing a loss of about 20% on their investment since the IPO.
Key Points
- Stock price down 4.93% since listing, currently at Rs 43.35.
- Significant discount: 23.95% below the IPO price of Rs 57.
- IPO subscribed 1.77 times, highlighting investor interest.
- Promoter ownership reduced to 70.12% post-IPO dilution.
- Funds used for working capital, machinery, and debt repayment.
- Company specializes in security, facility management, and manpower services.
Company Overview
Armour Security (India) provides security services like planning, management, and facility management. They’ve been operating for over 20 years and started small, growing across India. They currently employ 37 people and have achieved revenue of Rs 19.68 crore and a net profit of Rs 2.90 crore as of September 30, 2025.
IPO Details
The company’s Initial Public Offering (IPO) happened in January 2026. Investors bid for 46.5 million new shares between January 14th and January 19th, 2026. The initial price range for the shares was set between Rs 55 and Rs 57.
Financial Uses of Funds
The money raised from the IPO is being used for important things. The company plans to spend it on things like buying equipment, managing its day-to-day operations, and paying off some of its debts. They’re aiming to grow their business and improve their services.
Investing involves risk, and this stock’s performance highlights the importance of careful research and evaluation.
