New Delhi, Jan. 14 -- The initial public offering (IPO) of Armour Security India, which opened for bidding today, January 14, received a muted response from investors, with the issue being subscribed only 0.03 times as of 01:30 PM.

The issue received bids for just 1.46 lakh shares against 44.16 lakh shares on offer. The company proposes to utilise the net proceeds from the IPO to meet working capital requirements and for general corporate purposes.

1. Armour Security IPO date: The issue opened for subscription today, January 14, and will remain open until Monday, January 19.

2. Armour Security IPO price: The price band of the IPO has been fixed between Rs.55 and Rs.57 per equity share.

3. Armour Security IPO size: The company aims to ...