Clear Secured IPO will open for subscription on December 1, 2025 and close on December 3, 2025. This Book Built Issue aims to raise about ₹85.60 crores, entirely through a fresh issue. The company has fixed the Clear Secured IPO price band at ₹125 to ₹132 per share. The listing is scheduled on NSE SME on December 8, 2025, while the allotment will be finalized on December 4, 2025.
In FY2025, Clear Secured Services Ltd reported revenue of ₹482.74 crores compared to ₹350.63 crores in FY2024. The company posted a profit of ₹9.92 crores in 2025 against ₹12.08 crores in the previous year. Based on the financials, investors who prefer steady sector demand may consider this IPO for long-term holding.
Contents
Clear Secured IPO Details
| Detail | Information |
|---|---|
| IPO Open Date | December 1, 2025 |
| IPO Close Date | December 3, 2025 |
| Face Value | ₹10 per equity share |
| Price Band | ₹125 to ₹132 per share |
| Issue Size | Approx ₹85.60 crores |
| Fresh Issue | Approx ₹85.60 crores |
| Issue Type | Book Built Issue |
| Listing | NSE SME |
| DRHP | View PDF |
| RHP | View PDF |
Clear Secured IPO
Open: 1-3 Dec
Issue Size: ₹85.60 Cr.
Objective: To raise working capital, repay debt, and expand services via its subsidiary.
Exchange: NSE SME
Clear Secured IPO GMP Today
Clear Secured IPO GMP has remained steady in the grey market over the past few days, showing a positive sentiment among investors. The IPO opened on 1 December 2025 and aims to raise around ₹85.60 crores through its SME issue.
With a price band of ₹125 to ₹132 and a lot size of 2,000 shares, the demand trend is being closely tracked. Based on the latest updates, the GMP has hovered around ₹10 on 29 November, 1 December, and 2 December, indicating a gain of nearly 7.57%.
The stock touched a recent high of ₹11 on 27 November and saw a dip to ₹8 on 28 November before stabilising again. This consistent premium suggests that the market expects a decent listing, although investors should continue watching the day-wise movement to gauge momentum before listing.
Clear Secured IPO Review
The company operates in essential services like security, facility management, IT support, and telecom maintenance, making it part of a stable demand segment.
Revenues have shown solid growth, although profitability has fluctuated. Considering its industry presence and customer base across multiple sectors, the IPO may suit long-term investors who prefer steady cash-flow businesses.
Clear Secured IPO Market Lot
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹2,64,000 |
| Retail Maximum | 2 | 2,000 | ₹2,64,000 |
| S-HNI Minimum | 3 | 3,000 | ₹3,96,000 |
| S-HNI Maximum | 7 | 7,000 | ₹9,24,000 |
| B-HNI Minimum | 8 | 8,000 | ₹10,56,000 |
IPO Reservation
| Investor Category | Share Offered | % Shares |
|---|---|---|
| Anchor Investor | – | – |
| QIB (Excluding Anchor) | – | 50% |
| NII | – | 15% |
| Retail | – | 35% |
- Also Read: Logiciel Solutions IPO, Aequs IPO
Clear Secured IPO Anchor Investors
| Detail | Information |
|---|---|
| Anchor Bidding Date | November 28, 2025 |
| Anchor Investor List | View PDF |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in 50% (30 Days) | January 3, 2026 |
| Lock-in 50% (90 Days) | March 4, 2026 |
Clear Secured IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | December 1, 2025 |
| IPO Close Date | December 3, 2025 |
| Basis of Allotment | December 4, 2025 |
| Refunds | December 5, 2025 |
| Credit to Demat | December 5, 2025 |
| Listing Date | December 8, 2025 |
| Cut-off Time | December 3, 2025 – 5 PM |
Promoters and Holding Pattern
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre-Issue | 1,75,62,112 | 99.84% |
| Promoter Holding Post-Issue | 2,40,47,112 | –% |
Objects of the Issue
The company plans to use the IPO funds for investing in its subsidiary CTSPL to purchase new equipment. It will also allocate capital towards working capital needs, repayment or prepayment of borrowings, and general corporate purposes.
About Clear Secured IPO
Clear Secured Services Ltd is a leading integrated service provider offering security, housekeeping, repair and maintenance, staffing, telecom, and IT services.
The company serves customers across telecom, insurance, banking, real estate, oil and gas, retail, and government sectors. It currently operates across 17 customer locations in 15 states and 2 union territories.
Clear Secured IPO Company Financial Report
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹311.71 Cr | ₹301.64 Cr | ₹6.85 Cr | ₹153.47 Cr |
| 2024 | ₹350.63 Cr | ₹332.61 Cr | ₹12.08 Cr | ₹170.04 Cr |
| 2025 | ₹482.74 Cr | ₹457.50 Cr | ₹9.92 Cr | ₹227.55 Cr |
| August 2025 | ₹231.68 Cr | ₹214.03 Cr | ₹13.90 Cr | ₹303.03 Cr |
Clear Secured IPO Valuation – FY2025
| KPI | Value |
|---|---|
| ROE | 10.74% |
| ROCE | 23.46% |
| EBITDA Margin | 4.70% |
| PAT Margin | 2.08% |
| Debt-to-Equity | 1.02 |
| EPS (Basic) | ₹6.20 |
| PE Ratio | N/A |
| RoNW | 10.74% |
| NAV | ₹60.85 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Aarvi Encon Ltd | 6.79 | 20.28 | 8.30% | 84.62 | 510.39 Cr |
| Integrated Personnel Services Ltd | 8.59 | 32.01 | 13.72% | 65.51 | 316.23 Cr |
| Kapston Services Ltd | 8.79 | 36.71 | 22.23% | 43.81 | 689.43 Cr |
IPO Lead Manager
Horizon Financial Pvt. Ltd.
Company Address
| Company | Address |
|---|---|
| Clear Secured Services Ltd | 14B/4, Ground Floor, Plot -14A/14B, New Sion CHS, Swami Vallanbhdas Marg, Road No 24, Sindhi Colony, Sion, Mumbai, Maharashtra 400022 |
| Phone | 022-20850085 |
| companysecretary@cssindia.in | |
| Website | https://www.cssindia.in/index.html |
IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Clear Secured IPO FAQs
What is Clear Secured IPO?
The Clear Secured IPO is an SME IPO worth ₹85.60 crores, priced between ₹125 and ₹132 per share. It will list on NSE SME.
When does the IPO open?
The IPO opens on December 1, 2025 and closes on December 3, 2025.
What is the investors’ portion?
QIB has 50%, NII has 15%, and retail investors have 35%.
How to apply for the IPO?
You can apply via ASBA through your bank, UPI-based applications through brokers, or by submitting an offline application form.
What is the issue size?
The total issue size is ₹85.60 crores.
What is the lot size?
The minimum lot size is 2,000 shares costing ₹2,64,000.
What is the allotment date?
The allotment will be finalized on December 4, 2025.
When is the listing?
The listing is scheduled for December 8, 2025 on NSE SME.
Expert Comment
Clear Secured Services Ltd operates in a segment where service demand remains steady across industries, which adds stability to its business model. Revenue growth has been strong, though margins remain modest.
Considering its consistent operations, wide customer base, and use of funds towards strengthening equipment and reducing debt, long-term investors may find this IPO suitable if they prefer steady, service-based businesses.
