Clear Secured specializes in Integrated Facility Management, offering soft services such as housekeeping, security, payment management, and staffing, along with hard services including electro-mechanical maintenance, repairs, façade cleaning, and pest control. The Company also delivers Total Infrastructure Solutions covering interiors, plumbing, fire safety, and office furniture. In the agro-food sector, it supports the sourcing and trading of millets and wheat. Additional offerings include telecom tower installation and secure cash van operations. Through its service network and domain expertise, the Company enables clients to streamline routine operations and focus on core activities.
Price Band₹125 - ₹132 |
Dates01 Dec - 03 Dec |
GMP₹4 (3.03%) |
Subscriptions6.23 times |
Issue Size₹85.60 Crs |
Clear Secured IPO Objects
- Investment in our wholly owned Subsidiary, Comfort Techno Services Private Limited (“CTSPL”) for funding for Purchase of Equipment
- Funding for Working Capital Requirement
- Repayment or prepayment of Short-Term Borrowings
- General corporate purposes
Clear Secured IPO Details
Price Band₹125 - ₹132 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹85.60 Cr (0.65 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹85.60 Cr (0.65 Cr Shares) |
Face Value₹10 per equity share |
Clear Secured IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
2,000
2,64,000
Maximum
2
2,000
2,64,000
|
|||
| Small HNI |
Minimum
3
3,000
3,96,000
Maximum
7
7,000
9,24,000
|
|||
| Big HNI |
Minimum
8
8,000
10,56,000
|
|||
Clear Secured IPO Subscription
Updated as on 03-Dec-2025 19:01:14 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 3.99 | 30,80,000 | 1,22,91,000 |
| NII | 12.86 | 9,24,000 | 1,18,84,000 |
| bNII | - | 0 | 93,55,000 |
| sNII | - | 0 | 25,29,000 |
| Individual Investor | 6.60 | 21,56,000 | 1,42,32,000 |
| Total | 6.23 | 61,60,000 | 3,84,07,000 |
Clear Secured IPO GMP
The estimated Grey Market Premium of Clear Secured IPO is ₹4 per share (3.03%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 325000 EQ Shares |
Clear Secured IPO Financials
| Particulars | Aug-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue from Operations | 228.45 | 476.18 | 347.54 | 309.04 |
| Profit after Tax | 13.90 | 9.92 | 12.08 | 6.85 |
| Net Worth | 132.44 | 97.35 | 87.43 | 75.35 |
| Total Borrowing | 131.28 | 99.37 | 52.66 | 44.19 |
| Total Assets | 303.03 | 227.55 | 170.04 | 153.47 |
| NAV per share (in ₹) | 76.39 | 60.84 | 54.64 | 47.09 |
| EPS - Basic (in ₹) | 8.01 | 6.20 | 7.55 | 4.28 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 4.70% |
| PAT | 2.08% |
| ROE | 10.74% |
| ROCE | 23.46% |
| Debt to Equity | 1.02 |
| PE Ratio | 21.29 |
| PB Ratio | 2.17 |
| Mkt Cap (in Crs.) | 317.42 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Clear Secured IPO Peer Comparision
| Particulars | Clear Secured Ltd. | Aarvi Encon Ltd. | Integrated Services Ltd. | Kapston Services Ltd. |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 476.18 | 510.39 | 316.23 | 689.43 |
| PAT (In Crs.) | 9.92 | 10.04 | 6.67 | 17.84 |
| EPS - Basic | 6.20 | 6.79 | 8.59 | 8.79 |
| RONW | 10.74% | 8.30% | 13.72% | 22.23% |
| EBITDA | 4.70% | 2.62% | 3.83% | 4.49% |
| PAT Margin | 2.08 | 1.97 | 2.11 | 2.59 |
| Price to earning (PE) | 9.81 | 20.28 | 32.01 | 36.71 |
| Debt to Equity | 1.02 | 0.21 | 0.61 | 1.81 |
| NAV per share | 60.85 | 84.62 | 65.51 | 43.81 |
- All information pertains to FY 2024-25.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of November 14, 2025 for Peers
Clear Secured IPO Peer Comparision
| Particulars | Clear Secured Ltd. |
|---|---|
| Revenue from Ops (in Crs.) | 476.18 |
| PAT (In Crs.) | 9.92 |
| EPS - Basic | 6.20 |
| RONW | 10.74% |
| EBITDA | 4.70% |
| PAT Margin | 2.08 |
| Price to earning (PE) | 9.81 |
| Debt to Equity | 1.02 |
| NAV per share | 60.85 |
| Aarvi Encon Ltd. | Integrated Services Ltd. | Kapston Services Ltd. |
|---|---|---|
| 510.39 | 316.23 | 689.43 |
| 10.04 | 6.67 | 17.84 |
| 6.79 | 8.59 | 8.79 |
| 8.30% | 13.72% | 22.23% |
| 2.62% | 3.83% | 4.49% |
| 1.97 | 2.11 | 2.59 |
| 20.28 | 32.01 | 36.71 |
| 0.21 | 0.61 | 1.81 |
| 84.62 | 65.51 | 43.81 |
- All information pertains to FY 2024-25.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of November 14, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Vimal Dhar Dubey | 50% |
| Rakesh Dubey | 25% |
| Sanjay Dubey | 25% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Vimal Dhar Dubey | Chairman & MD |
| Rasika Sawant | CFO |
Company Details
Name: Clear Secured Services Limited
Address: 14B/4, Ground Floor, Plot -14A/14B, New Sion CHS, Swami Vallanbhdas Marg, Road No 24, Sindhi Colony, Sion, Mumbai, Maharashtra, India, 400022
Number: 022-20850085
Email: companysecretary@cssindia.in
Website: www.cssindia.in
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Clear Secured IPO is a SME IPO having an issue size of Rs. ₹85.60 Crs. Clear Secured IPO is priced at ₹125 - ₹132 per share. The issue opens on 01 Dec 25 and closes on 03 Dec 25.
Clear Secured IPO opens on 01 Dec 25 and closes on 03 Dec 25.
The estimated Grey Market Premium of Clear Secured IPO is ₹4 per share (3.03%).
The minimum lot size of Clear Secured IPO is 1000 shares & the minimum application amount is Rs. 132000.
The allotment date of Clear Secured IPO is 04 Dec 25.
The listing date of Clear Secured IPO is 08 Dec 25.
Clear Secured IPO is subscribed 6.23 times.
Clear Secured IPO is priced at ₹125 - ₹132 per share.
Click the allotment link on Clear Secured IPO page of IPO360.
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