IPO SYNOPSIS

Armour Security (India) Ltd
Registered Office:
B-87 2nd Floor,Defence Colony,
Delhi - 110024,
New Delhi, India.
Initial public offer of up to 46,50,000 equity shares of face value of (₹) 10/- each of Armour Security (India). Ltd. (the "Company" or the "Issuer") for cash at a price of (₹)57 per equity share including a share premium of (₹) 47 per equity share (the "Issue Price") aggregating to (₹)26.51 crores ("the Issue"), of which 2,34,000 equity shares of face value of (₹) 10/- each for cash at a price of (₹)57 per equity share including a share premium of (₹)47 per equity share aggregating to (₹)1.33 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. 44,16,000 equity shares of face value of (₹) 10/- each at a price of (₹)57 per equity share including a share premium of (₹)47 per equity share aggregating to (₹) 25.17 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.56% and 26.17% respectively of the post issue paid up equity share capital of the company. Price Band: (₹) 55 to (₹) 57 per equity share of face value of (₹) 10 each. The floor price is 5.5 times the face value of the equity shares, and the cap price is 5.7 times the face value of the equity shares. Bids can be made for minimum 4000 equity shares and in the multiple of 2000 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
14-Jan-26
19-Jan-26
55.00-57.00
0.00-0.00
Minimum Application for shares in Nos : 4000     Further Multiples of : 2000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Corpwis Advisors Pvt Ltd
Project Financed
25.58
 
Post Issue
16.87
 
Issue Price
55.00
 
Projects
Funding of working capital requirements
Funding capital expenditure requirements for purchasing of machinery, equipment and vehicles
Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the company
General corporate expenses
Promoted By
Vinod Gupta
Arnima Gupta
Listing At
NSE - SME
Registrar to the Issue
No Data Available!!!
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