Market Performance: A Weak First Impression on the Bourses
The Armour Security share price faced immediate pressure on its first day of trading in the stock market today. The debut did not go as hoped. Instead of stability, the stock opened lower and stayed under pressure through the session.
On 22 January 2025, Armour Security (India) shares listed on the NSE SME platform. From the opening trade, the mood was cautious. Sellers stayed active, and buyers remained on the sidelines.
By mid-day, the situation had not improved.
- Listing price: ₹45.60 per share
- Issue price: ₹57 per share
- Listing discount: 20%
- Lower circuit price: ₹43.35 per share
The stock remained locked at the 5% lower circuit, reflecting weak demand in early trade.
Main News: Selling Pressure Dominates Listing Day
The story of the day was simple. Armour Security entered the market, but confidence was missing.
Soon after listing at a sharp discount, selling pressure intensified. The stock slipped further and touched the lower circuit limit of 5%, where it stayed for the rest of the session.
At 12:35 PM, the Armour Security share price was still frozen at ₹43.35 on NSE SME.
- Down 23.95% from the issue price
- No recovery seen during trading hours
- Price movement capped due to circuit limits
In the stock market today, this kind of move is not unusual for SME listings, where liquidity can be thin and price discovery sharp.
Company Details: Armour Security IPO at a Glance
Armour Security (India) entered the public markets through an SME IPO.
Key IPO Dates
- Issue open: January 14, 2025
- Issue close: January 19, 2025
- Allotment finalised: January 20, 2025
- Listing date: January 22, 2025
Issue Size and Structure
- Total funds raised: ₹26.51 crore
- Issue type: 100% fresh issue
- Equity shares issued: 46.50 lakh shares
- Price band: ₹55 to ₹57 per share
Subscription Data
The IPO saw modest participation across categories.
- Overall subscription: 1.82 times
- Retail investors: 2.58 times
- QIBs (Ex-anchor): 1 time
- NIIs: 1.08 times
IPO Management
- Book Running Lead Manager: Sobhagya Capital Options Pvt. Ltd.
- Registrar: Skyline Financial Services Pvt. Ltd.
Why the Armour Security Share Price Stayed Under Pressure?
On listing day, SME stocks often see fast and direct price reactions. Armour Security followed a similar path. The discounted opening set the tone. Once selling picked up, circuit limits took control.
With limited room for price movement, the stock remained locked, offering little clarity on near-term direction during the session.
In the stock market today, such debut-day moves highlight how sentiment-driven SME counters can be, especially in early trades.
Summary: What Happened to Armour Security on Day One?
Here’s the full picture in brief:
- Armour Security listed on NSE SME on 22 January 2025
- The stock debuted at ₹45.60, a 20% discount to ₹57
- Selling pressure pushed it to a 5% lower circuit
- The share price stayed locked at ₹43.35
- The stock traded 23.95% below the issue price by mid-day
- The IPO raised ₹26.51 crore through a fresh issue
The debut of Armour Security turned into a cautious start, shaped entirely by listing-day sentiment and trading dynamics in the stock market today.
Source: Livemint
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