Comparison between Armour Security IPO and Crazy Snacks IPO.
IPO Details
Armour Security IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Crazy Snacks IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of Armour Security IPO is up to ₹25.17 Cr whereas the issue size of the Crazy Snacks IPO is up to ₹29.89 Cr. The final issue price of Armour Security IPO is ₹57.00 per share and of Crazy Snacks IPO is ₹42.00 per share.
| | Armour Security IPO | Crazy Snacks IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹55.00 per share | ₹39.00 per share |
| Issue Price (Upper) | ₹57.00 per share | ₹42.00 per share |
| Issue Price (Final) | ₹57.00 per share | ₹42.00 per share |
| Discount (Retail) | | |
| Discount (Employee) | | |
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 44,16,000 shares | 56,21,000 shares |
| Fresh Issue Size (Amount) | up to ₹25.17 Cr | up to ₹23.61 Cr |
| OFS Issue Size | 0 shares | 14,95,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6.28 Cr |
| Issue Size Total | 44,16,000 shares | 71,16,000 shares |
| Issue Size Total (Amount) | up to ₹25.17 Cr | up to ₹29.89 Cr |
IPO Timetable
Armour Security IPO opens on Jan 14, 2026, while Crazy Snacks IPO opens on Jun 25, 2026. The closing date of Armour Security IPO and Crazy Snacks IPO is Jan 19, 2026, and Jun 30, 2026, respectively.
| | Armour Security IPO | Crazy Snacks IPO |
|---|
| Anchor Bid Date | | |
| Issue Open | Jan 14, 2026 | Jun 25, 2026 |
| Issue Close | Jan 19, 2026 | Jun 30, 2026 |
| Basis Of Allotment (Tentative) | Jan 20, 2026 | Jul 01, 2026 |
| Initiation of Refunds (Tentative) | Jan 21, 2026 | Jul 02, 2026 |
| Credit of Share (Tentative) | Jan 21, 2026 | Jul 02, 2026 |
| Listing date (Tentative) | Jan 22, 2026 | Jul 03, 2026 |
| Anchor Lockin End date 1 | | |
| Anchor Lockin End date 2 | | |
Financials & KPIs
Armour Security IPO P/E ratio is 17.53, as compared to Crazy Snacks IPO P/E ratio of 11.9.
Shares Offered
In the Armour Security IPO Retail Individual Investors (RII) are offered 21,80,000 shares while in Crazy Snacks IPO retail investors are offered 21,80,000 shares. Qualified Institutional Buyers (QIB) are offered 46,000 shares in Armour Security IPO and 72,000 shares in Crazy Snacks IPO.
| | Armour Security IPO | Crazy Snacks IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,34,000 shares | 3,78,000 shares |
| QIB | 46,000 shares | 72,000 shares |
| NII | 21,90,000 shares | 35,10,000 shares |
| RII | 21,80,000 shares | 35,34,000 shares |
| Employee | 0 shares | 0 shares |
| Others | | |
| Total | 44,16,000 shares | 71,16,000 shares |
Bids Received (Subscription)
Armour Security IPO subscribed 1.82x in total, whereas Crazy Snacks IPO subscribed 1.21x.
