Armour Security India Limited IPO logo

Armour Security India Limited IPO GMP

Subscription Closed SME

Grey Market Premium  ·  Jan 14 – Jan 19, 2026  ·  Issue Price ₹57

Neutral Signal

Armour Security India Limited IPO GMP: ₹0.00 — 0.0% expected gain as of Jan 19, 2026

The Armour Security India Limited IPO Grey Market Premium (GMP) is currently trading at ₹0.00 in the unofficial grey market. Based on this, the expected listing price is ₹57.00, implying a +0.0% gain over the issue price of ₹57. GMP reflects pre-listing demand from grey market participants and is a widely tracked sentiment indicator among IPO investors.

  • GMP Signal — Neutral: Flat to marginal grey market — listing near issue price. A flat to marginal GMP indicates the market expects the IPO to list near or marginally above the issue price.
  • GMP Movement: The GMP has fallen by ₹4.00 since the previous session. Falling GMP may reflect profit-booking or reduced grey market interest.
Current GMP
+₹0.00
▼ ₹4.00
Updated 2 months ago
Expected Listing
₹57.00
Issue price ₹57 + GMP ₹0.00
Expected Gain
+0.0%
Neutral

GMP Trend

Grey market premium over time (₹)

GMP History

Latest 11 data points, most recent first

Date / Time GMP (₹) Exp. Listing Exp. Gain
Jan 19, 2026 4:36 pm +₹0.00 ₹57.00 +0.0%
Jan 18, 2026 12:58 pm +₹4.00 ₹61.00 +7.0%
Jan 17, 2026 8:54 pm +₹4.00 ₹61.00 +7.0%
Jan 16, 2026 5:01 pm +₹4.00 ₹61.00 +7.0%
Jan 15, 2026 11:09 pm +₹4.00 ₹61.00 +7.0%
Jan 14, 2026 3:40 pm +₹4.00 ₹61.00 +7.0%
Jan 13, 2026 3:40 pm +₹2.00 ₹59.00 +3.5%
Jan 12, 2026 2:00 pm +₹2.00 ₹59.00 +3.5%
Jan 11, 2026 4:40 pm +₹1.00 ₹58.00 +1.8%
Jan 10, 2026 12:39 pm +₹1.00 ₹58.00 +1.8%
Jan 09, 2026 3:39 pm +₹1.00 ₹58.00 +1.8%

Understanding Armour Security India Limited IPO Grey Market Premium

The Armour Security India Limited IPO GMP (Grey Market Premium) is the unofficial pre-listing price at which shares trade in informal markets before the IPO is listed on the stock exchange. Currently, the Armour Security India Limited IPO GMP stands at ₹0.00, implying an expected listing price of ₹57.00.

How GMP is Calculated

GMP = Expected Listing Price − Issue Price. If the issue price of Armour Security India Limited IPO is ₹57 and the expected listing is ₹57.00, then GMP = ₹0.00. The expected gain percentage is calculated as (GMP ÷ Issue Price) × 100. For Armour Security India Limited IPO, that is 0.0%.

Limitations of GMP

GMP is not regulated by SEBI and reflects informal market activity. It can fluctuate significantly day-to-day and should not be the sole basis for investment decisions. Many IPOs with high GMP have listed below expectations, and vice versa. Always refer to subscription data, financials, and the DRHP before investing.

GMP Signal Guide

We classify GMP signals as: Hot (expected gain ≥30%), Warm (10–30%), Neutral (0–10%), and Weak (negative GMP). Armour Security India Limited IPO is currently classified as Neutral.

Frequently Asked Questions

What is the current GMP for Armour Security India Limited IPO?

The current Grey Market Premium for Armour Security India Limited IPO is ₹0.00 as of Jan 19, 2026. Expected listing price: ₹57.00, expected gain: 0.0%. GMP data is updated periodically from grey market sources.

What does Armour Security India Limited IPO GMP of ₹0.00 mean?

A GMP of ₹0.00 means that in the unofficial grey market, Armour Security India Limited IPO shares are trading at ₹0.00 above the issue price. With an issue price of ₹57, this implies an expected listing at ₹57.00 (0.0% gain). GMP is purely indicative and actual listing price depends on market conditions.

Is Armour Security India Limited IPO GMP reliable?

GMP is an unofficial, unregulated indicator from the informal grey market. It reflects speculative pre-listing demand but can be manipulated or change rapidly. Use it as one data point alongside official subscription data, company financials, and valuation metrics. SEBI does not regulate grey market trading.

What is Kostak rate for Armour Security India Limited IPO?

Kostak rate data for Armour Security India Limited IPO will be available once reported from grey market sources. Kostak represents the per-application premium in informal markets.

When will Armour Security India Limited IPO be listed?

Armour Security India Limited IPO is expected to list on January 22, 2026 on NSE SME platform. The GMP on listing day is a strong short-term indicator of opening price.

IPO Details

Open Date
Jan 14, 2026
Close Date
Jan 19, 2026
Allotment
Jan 20, 2026
Listing Date
Jan 22, 2026
Issue Price
₹57
Price Band
₹55 – ₹57
Lot Size
2,000 shares
Min. Investment
₹114,000
Exchange
NSE
Registrar
Skyline Financial Services Pvt.Ltd.
View Full IPO Details

GMP Signal Guide

Hot Expected gain ≥ 30%
Warm Expected gain 10–30%
Neutral Expected gain 0–10%
Weak Negative GMP / below issue

GMP is unofficial and unregulated. Past GMP accuracy varies. Use alongside subscription data and fundamentals.