IPO market

Armour Security (India) IPO is a SME book building IPO. Issue size is 27 Cr. Price band is ₹55 to ₹57 per share. Minimum investment is ₹2.28 L. Lot size is 2000 shares. Open from 14 Jan 2026 to 19 Jan 2026. Allotment on 20 Jan 2026. Listing on 22 Jan 2026 at NSE. Managed by Corpwis Advisors Pvt.Ltd. Registrar: Skyline Financial Services Private Ltd. Key details for GMP, subscription, price, allotment, and listing in one place.
Live IPO subscription for Armour Security (India) IPO across categories. Total demand ₹82.74 L vs offered ₹44.16 L.
Official documents:DRHP.
| Category | Offered | Placed | Times |
|---|---|---|---|
| QII | 46,000 | 46,000 | 1.00 |
| NII | 21,90,000 | 26,04,000 | 1.19 |
| NII (>10L) | 14,60,000 | 19,30,000 | 1.32 |
| NII (<10L) | 7,30,000 | 6,74,000 | 0.92 |
| Retail | 21,80,000 | 56,24,000 | 2.58 |
| Total | 82,74,000 | 44,16,000 | 1.87 |
| Category | Offered | Placed | Times |
|---|---|---|---|
| HNI (>10L) | 241 | 15 | 0.06 |
| HNI (3-10L) | 121 | 90 | 0.74 |
| Retail | 545 | 1,406 | 2.58 |
| Total | 1,511 | 907 | 1.67 |
How to read QIB / NII / Retail demand and what it implies.