ARMOUR SECURITY INDIA IPO

ARMOUR SECURITY INDIA IPO

A Glimpse at the Offering

Armour Security (India) Limited is poised to launch its Initial Public Offering, inviting investors to participate in its growth journey within the private security and integrated facility management sector. This upcoming IPO presents an opportunity to invest in a company with over two decades of operational experience.

Important Dates for Investors

To ensure a smooth application process and stay informed, here are the crucial dates associated with the Armour Security India IPO:

• Opening Date: 14 Jan 2026
• Closing Date: 19 Jan 2026
• UPI Payment Deadline: 19 Jan 2026 (5 PM)
• Allotment Announcement: 20 Jan 2026
• Refund Processing: 21 Jan 2026
• Demat Credit: 21 Jan 2026
• Stock Market Listing: 22 Jan 2026
• Mandate Validity End: 03 Feb 2026
• Anchor Investor Lock-in Release (50%): 19 Feb 2026
• Anchor Investor Lock-in Release (Remaining): 20 Apr 2026

*Dates may be revised as per official updates. Investors are advised to refer to the official RHP for the most current information.

Understanding Armour Security India Limited

Founded in August 1999, Armour Security (India) Limited has evolved into a prominent player in the private security and integrated facility management domain. Initially incorporated as a private entity, the company transitioned to a public limited company in May 2024, marking a significant step in its corporate journey.

Under the seasoned leadership of its promoters, Mrs Arnima Gupta and Mr Vinod Gupta, who collectively bring decades of invaluable experience to the security services sector, the company has established a strong foothold. Armour Security India specializes in delivering comprehensive, end-to-end security manpower services and integrated facility management solutions. Its diverse offerings encompass critical services such as manned guarding, strategic security planning and management, professional housekeeping services, and the efficient deployment of skilled, semi-skilled, and unskilled manpower across various industries.

The company operates across multiple states in India, catering to a wide and diversified client base. Its business model is fundamentally contract-based and B2B, characterized by recurring revenues, which are largely driven by long-term client relationships. Armour Security India is recognized for its extensive operating experience spanning over two decades, its robust compliance frameworks, a scalable model for manpower deployment, and integrated service capabilities that empower clients to efficiently outsource their critical security and facility functions.

Capital Structure and Funding Objectives

The Armour Security India IPO is structured to raise capital primarily through a fresh issue of shares. The entire proceeds from the IPO are directed towards the company, indicating a clear focus on funding its future growth and operational requirements.

Given that the entire issue is a fresh issuance of shares, the company will directly benefit from the capital infusion, which is crucial for its planned expansion and operational strengthening. This approach ensures that the funds directly support the company’s strategic initiatives without any existing shareholders offloading their stake.

Strategic Allocation of Fresh Capital

The capital raised through this IPO is earmarked for several strategic initiatives designed to bolster Armour Security India’s operational capabilities, expand its infrastructure, and ensure long-term financial stability. A significant portion of the funds is dedicated to enhancing the company’s working capital, reflecting its manpower-intensive business nature.

The largest allocation towards working capital requirements will ensure the company has sufficient liquidity to manage its day-to-day operations, payroll, and other short-term obligations effectively. Investments in capital expenditure for machinery, equipment, and vehicles underscore a commitment to modernizing and expanding its asset base, which is vital for service delivery. The repayment of outstanding borrowings will help reduce the company’s financial leverage, while the provision for general corporate purposes provides flexibility to address unforeseen opportunities or operational necessities.

Core Strengths Driving Business Growth

Armour Security India possesses several inherent strengths that have underpinned its growth and competitive standing in the market:

• Extensive Operational Experience: With over two decades of experience in the security and facility management services industry, the company has built deep domain expertise and established robust operational protocols.
• Diversified Service Portfolio: The company offers a broad range of services, including security, housekeeping, and integrated facility management, allowing it to cater to varied client needs and reduce dependence on a single service line.
• Experienced Promoter Leadership: The leadership team, spearheaded by its promoters, brings profound industry knowledge and proven execution experience, guiding the company’s strategic direction and operational excellence.
• Pan-India Presence: Supported by a network of branch offices across multiple states, Armour Security India demonstrates a strong geographical reach, enabling it to serve a diverse client base nationwide.
• Commitment to Compliance and Technology: A strong focus on regulatory compliance, continuous training programs for its personnel, and the adoption of technology-enabled service delivery solutions enhance efficiency and service quality.

Key Considerations and Potential Challenges

While Armour Security India presents compelling strengths, investors should also be aware of potential risk factors:

• Client Concentration: The company’s business is highly dependent on a limited number of clients for a significant portion of its revenue, which could pose a risk if these relationships are disrupted.
• Manpower-Intensive Operations: The nature of the business relies heavily on workforce availability and retention. Challenges in recruiting, training, or retaining skilled personnel could impact service delivery and operational costs.
• Regulatory and Labor Law Complexities: Operating in a manpower-intensive sector exposes the company to complex labor laws and stringent regulatory compliance requirements across various states, necessitating continuous adherence and vigilance.
• Competitive Industry Landscape: The security and facility management industry is highly competitive, characterized by numerous organized and unorganized players, which can exert pressure on pricing and profit margins.
• No Prior Public Market: As there has been no prior public market for the company’s equity shares, assessing its valuation and market acceptance may require careful consideration.

Real-time Subscription Trends (To be updated)

Subscription statistics for the Armour Security India IPO will be updated here based on the latest available information once the IPO opens for public subscription. Investors can monitor these figures to gauge market sentiment and demand across different investor categories.

*Please note that these figures will be populated once the IPO subscription window is active. GMP figures, if any, are unofficial and may vary significantly; exchange data provides the most reliable information.

Seamless Application Process with Dhan Kirti

Investors keen on participating in the Armour Security India IPO can do so conveniently and securely. The application window is open for a limited period, and interested individuals are encouraged to complete their applications promptly.

To apply for this IPO, simply visit the official Dhan Kirti IPO platform. Our user-friendly interface guides you through each step of the application process, ensuring a hassle-free experience. Ensure your application is submitted before the subscription closes on January 19, 2026.