Armour Security (India). IPO — Listing Performance
Armour Security (India). IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 14 Jan 2026 |
| Listing date | 22 Jan 2026 |
| Overall subscription | 1.78x |
| Issue price | ₹57 |
| Listing-day close | ₹43.35 (-23.95%) |
| Recent market price | ₹20.10 (-64.74% vs issue) |
| Identifiers | NSE: ARMOUR · ISIN: INE0TZX01019 |
How the listing went
Armour Security (India). listed at a discount, closing its first day 23.95% below the issue price, on tepid subscription of 1.78x.
Armour Security (India). against every other debut on record
- Rank in 2026: 137 of 141 NSE debuts, on a -23.95% first-day close.
- 4th percentile of 56 SME debuts in 2026 (median 4.4%).
- 8th of 8 debuts in January 2026.
- Subscribed 1.78x: 22nd percentile of 166 SME issues with a figure; the 65 subscribed between 1 and 5 times closed day one a median -1.34%.
- Opened 20% below issue, then gave up 3.95 points to the close.
- Day-one range ₹43.35 to ₹45.60: a 3.95% swing on the issue price.
- Last close ₹20.10 (1 Oct 2026): 64.74% below issue, against -23.95% on day one.
- Priced at the top of the ₹55 to ₹57 band.
- Listed 3 calendar days after close.
- All 607 SME debuts on record: median 13.96%, 79% closed above issue.
Computed over 1138 verified NSE debuts to 1 Oct 2026 · sources