
Clear Secured IPO
Clear Secured IPO
Overview
Clear Secured IPO is a book build issue of ₹85.60 crores. The issue is entirely a fresh issue of 0.65 crore shares of ₹85.60 crore. Clear Secured IPO opens for subscription on Dec 1, 2025 and closes on Dec 3, 2025. The allotment for the Clear Secured IPO is expected to be finalized on Dec 4, 2025. Clear Secured IPO will list on NSE SME with a tentative listing date fixed as Dec 8, 2025. Clear Secured IPO price band is set at ₹125.00 to ₹132.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,64,000.00 (2,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹3,96,000. Horizon Management Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Choice Equity Broking Pvt.Ltd..
Issue Size
₹64,85,000
Issue Price
₹85.60 Cr
Price Band
₹125 – ₹132
Lot Size
1000 shares
Min. Investment
₹1,25,000
Max. Investment
₹1,32,000
Open Date
01 Dec, 2025
Close Date
03 Dec, 2025
Allotment
04 Dec, 2025
Listing
08 Dec, 2025
Max. Investment
₹1,32,000
Announced
01 Dec, 2025
Opening Date
01 Dec, 2025
Closing Date
03 Dec, 2025
Basis of Allotment
04 Dec, 2025
Initiation of Refunds
05 Dec, 2025
Credit of Shares
05 Dec, 2025
Listing Date
08 Dec, 2025
Live GMP
Est. Listing: ₹143
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About Clear Secured IPO
Clear Secured Services Limited (CSS) is a Mumbai‑based facility management, offering integrated security, maintenance, infrastructure, staffing, telecom, and IT services.
Key services:
- Security Services
- Housekeeping & Cleaning
- Repair & Maintenance (RnM)
- Infrastructure & Interiors (TIS)
- HR & Staffing Solutions
- Telecom & Remote Monitoring
- IT & Software Services
The company serve
Clear Secured IPO Share Price
Issue Breakdown
Shareholding
Dilution: 36.9% increase in shares
Clear Secured IPO Promoters Holding
Clear Secured IPO Financial Health
Clear Secured Services Ltd.'s revenue increased by 38% and profit after tax (PAT) dropped by 18% between the financial year ending with March 31, 2025 and March 31, 2024.
Clear Secured IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,64,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,64,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,96,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,24,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,56,000 |
(All values in CR)
Clear Secured IPO Valuations
KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 10.74 |
| ROCE | 23.46 |
| Debt/Equity | 1.02 |
| RoNW | 10.74 |
| PAT Margin | 2.08 |
| EBITDA Margin | 4.70 |
| Price to Book Value | 2.17 |
| Market Capitalization | 317.42 |
(All values in CR)
Clear Secured IPO Strength & Risk
Clear Secured IPO Strength:
- Operates in integrated facility management and security services with a wide service portfolio.
- Provides both soft services and hard services, improving cross-selling opportunities.
- Has a pan-India operational presence across multiple locations.
- Demonstrates consistent growth supported by expanding client relationships.
- Benefits from recurring revenue through long-term service contracts.
- Plans to strengthen financial stability through debt reduction and working capital support from IPO proceeds.
- Operates in a sector with steady demand from commercial, industrial, and institutional clients.
Clear Secured IPO Risk:
- Depends heavily on a limited number of major clients for a significant portion of revenue.
- Operates in a manpower-intensive industry with slim margins and high compliance requirements.
- Faces strong competition from established and emerging facility management players.
- Vulnerable to changes in labour laws, regulatory policies, and workforce availability.
- Margin pressure can arise due to rising employee costs and contract-based pricing structures.
- Business performance is sensitive to economic cycles and corporate spending trends.
Clear Secured IPO Subscriptions Status
Clear Secured IPO subscribed 2.07 times. The public issue subscribed 1.16 times in the individual investors category, 3.46 times in QIB (Ex Anchor), and 2.36 times in the NII category by December 2, 2025 6:04:34 PM (Day 2).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 18,48,000 | 18,48,000 | 24.394 |
| Market Maker | 1.00 | 3,25,000 | 3,25,000 | 4.29 |
| QIB (Ex Anchor) | 3.46 | 12,32,000 | 42,63,000 | 56.272 |
| Non-Institutional Buyers | 2.36 | 9,24,000 | 21,81,000 | 28.789 |
| bNII (bids above ₹10L) | 3.02 | 6,16,000 | 18,62,000 | 24.578 |
| sNII (bids below ₹10L) | 1.04 | 3,08,000 | 3,19,000 | 4.211 |
| Individual Investors (IND category bidding for 2 Lots) | 1.16 | 21,56,000 | 24,92,000 | 32.894 |
| Total | 2.07 | 43,12,000 | 89,36,000 | 117.955 |
Clear Secured IPO GMP
Clear Secured SME IPO last GMP is ₹11, last updated Dec 2nd 2025 05:32 PM. With the price band of 132.00, Clear Secured SME IPO's estimated listing price is ₹143 (cap price + today's GMP).The expected percentage gain/loss per share is 8.33%. >> Clear Secured SME IPO Retail Subject to Sauda: ₹8400 The lowest GMP is ₹0.00, while the highest GMP is ₹11.00.
Last updated 02 Dec, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 02 Dec, 2025 | 132 | ₹11▲ | 8400 | ₹143 (8.33%) | 11000 | 02 Dec, 2025 |
| 01 Dec, 2025 | 132 | ₹10.5▲ | 8000 | ₹142.5 (7.95%) | 10500 | 01 Dec, 2025 |
| 30 Nov, 2025 | 132 | ₹10 | 7600 | ₹142 (7.58%) | 10000 | 30 Nov, 2025 |
| 29 Nov, 2025 | 132 | ₹10▼ | 7600 | ₹142 (7.58%) | 10000 | 29 Nov, 2025 |
| 28 Nov, 2025 | 132 | ₹11▲ | 8400 | ₹143 (8.33%) | 11000 | 28 Nov, 2025 |
| 27 Nov, 2025 | 132 | ₹8▼ | 6100 | ₹140 (6.06%) | 8000 | 27 Nov, 2025 |
| 26 Nov, 2025 | 132 | ₹11▲ | 8400 | ₹143 (8.33%) | 11000 | 26 Nov, 2025 |
| 25 Nov, 2025 | 132 | ₹0 | - | ₹132 (0.00%) | - | 25 Nov, 2025 |
| 24 Nov, 2025 | 0 | ₹0 | - | ₹ (0.00%) | - | 24 Nov, 2025 |
| 23 Nov, 2025 | 0 | ₹0 | - | ₹ (0.00%) | - | 23 Nov, 2025 |
| 22 Nov, 2025 | 0 | ₹0 | - | ₹ (0.00%) | - | 22 Nov, 2025 |
| 21 Nov, 2025 | 0 | ₹0 | - | ₹ (0.00%) | - | 21 Nov, 2025 |
| 20 Nov, 2025 | 0 | ₹0 | - | ₹ (0.00%) | - | 20 Nov, 2025 |
| 19 Nov, 2025 | 0 | ₹0 | - | ₹ (0.00%) | - | 19 Nov, 2025 |
| 18 Nov, 2025 | 0 | ₹0 | - | ₹ (%) | - | 18 Nov, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Clear Secured IPO
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Go to IPO Section
Find Clear Secured IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.