Clear Secured NSE SME

Clear Secured SME IPO

Listed

NSE SMEOpens 1 December 2025Closes 3 December 2025

Clear Secured Services Limited (CSS), established in 2008, is a comprehensive facility-management provider delivering a wide range of integrated solutions. Its service portfolio spans security management, housekeeping,…

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Live GMPSubscriptionAllotment
Price band
₹125 - ₹132
Issue size
₹81.31 Cr
Lot size
1,000 shares
Type
NSE SME
GMP
₹3 (+2.3%)
Est. listing
₹135
Est. profit / app
₹6,000
Retail quota
33.25%

Key ratios

As per RHP / filings
Face value
₹10
EPS
13.87
P/E ratio
9.52
RoNW
10.74%
ROE
10.74%
Debt / Equity
1.02
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Timeline

  1. IPO Opens

    1 Dec 2025

  2. IPO Closes

    3 Dec 2025

  3. Allotment

    4 Dec 2025

  4. Listing

    8 Dec 2025

IPO Timeline & Listing Details

EventDate
IPO Open Date1 December 2025
IPO Close Date3 December 2025
Allotment Date4 December 2025
Listing Date8 December 2025

Investment Categories

CategoryLotsAmount
Individual
2₹2,64,000
SHNI (Min)
3₹3,96,000
SHNI (Max)
7₹9,24,000
BHNIAbove ₹10,00,000
8₹10,56,000

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)47.49%
NII (Non-Institutional Investor)14.25%
SHNI (Small Non-Institutional Investor)4.75%
BHNI (Big Non-Institutional Investor)9.50%
Retail33.25%
Market Maker5.01%
Total100.00%

IPO Objectives

  • Investment in our wholly owned Subsidiary, Comfort Techno Services Private Limited (“CTSPL”) for funding the Purchase of Equipment (₹5.25 Cr).
  • Funding for Working Capital Requirement (₹26.00 Cr).
  • Repayment or prepayment of Borrowings (₹35.50 Cr).
  • General corporate purposes.

Strengths

  • The company offers **Integrated Service Offerings** spanning security, housekeeping, repair, and IT/software services, providing a comprehensive solution to clients.
  • It maintains **Direct Operations and a Nationwide Presence** across 17 client sites in 15 states, enabling better control over service quality and delivery.
  • The business has **strong relationships with clients** across various sectors, including telecom, insurance, banking, and government organizations, ensuring a diversified revenue base.
  • It has **proven financial success** with a scalable business model, showing consistent revenue growth of 38% in FY25.
  • IPO funds are **strategically used for debt repayment and working capital** to support future growth and improve financial stability.

Weaknesses

  • The company has a **high debt-to-equity ratio of 1.02**, indicating a reliance on borrowings which may impact its financial flexibility.
  • The **profit after tax (PAT) declined by 18% in FY25** despite strong revenue growth, suggesting pressure on margins or rising operational costs.
  • The **low PAT margin (2.05% in FY25)** indicates thin pricing power in the highly competitive facility management industry.
  • It has **high Working Capital Requirements** (₹26.00 Cr from Fresh Issue) combined with a high Debt-to-Equity ratio, posing a significant financial risk.
  • The sector is highly competitive and labor-intensive, exposing the company to **high employee attrition and wage cost volatility**.
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Financial Performance

Period Ended31 Aug 202531 Mar 202531 Mar 202431 Mar 2023
Assets (₹ Cr.)303.03227.55170.04153.47
Revenue (₹ Cr.)231.68482.74350.63311.71
PAT (₹ Cr.)13.99.9212.086.85
Net Worth (₹ Cr.)132.4497.3587.4375.35

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Clear Secured Services2.179.5210.74%132.44
Aarvi Encon1.4913.7310.84%125
Integrated Personnel4.4135.1614.67%56.39

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB1x3.46x9.98x
NII0.99x2.36x12.51x
S-HNI0.3x1.04x8.2x
B-HNI1.34x3.02x14.66x
RII0.27x1.16x6.6x
Total0.64x2.08x8.83x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB12,32,0001,22,91,000162.24
NII9,24,0001,15,56,000152.54
Small NII3,08,00025,26,00033.34
Big NII6,16,00090,30,000119.2
RII21,56,0001,42,32,000187.86
Total43,12,0003,80,79,000502.64
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Company Details

  • Clear Secured Services Ltd.
  • 14B/4, Ground Floor, Plot -14A/14B, New Sion CHS, Swami Vallanbhdas Marg, Road No 24, Sindhi Colony, Sion, Mumbai, -400022
  • 022-20850085
  • companysecretary@cssindia.in
  • https://www.cssindia.in/index.html

Registrar Details

Frequently Asked Questions

What are the main business offerings of Clear Secured Services?
Clear Secured Services (CSS) offers **integrated facility management**, **security management**, **housekeeping**, **telecom support**, and **infrastructure/interior works** across India.
When will the Clear Secured IPO open and close?
The Clear Secured SME IPO opens for subscription on **December 1, 2025**, and closes on **December 3, 2025**.
What is the IPO price band and listing date?
The price band is **₹125.00 to ₹132.00** per share. The tentative listing date on the **NSE SME** is **December 8, 2025**.
What is the largest objective for which the Fresh Issue funds will be used?
The majority of the net proceeds (₹26.00 Cr) will be used for **Funding Working Capital Requirement**, followed by repayment of borrowings (₹35.50 Cr).
How diversified is the clientele of Clear Secured Services?
CSS serves a highly diverse set of sectors, including **telecom, insurance, real estate, oil and gas, banking, retail, and government organizations** across 17 client sites nationwide.
What are the key financial risks for Clear Secured Services?
The company faces risks from a low **PAT margin (2.05% in FY25)**, a high **Debt-to-Equity ratio of 1.02**, and a decline in PAT in FY25, indicating intense competition and thin margins.

Clear Secured SME IPO News & Updates

Follow the latest updates for Clear Secured SME IPO, including grey market moves and allotment news.

Clear Secured SME IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Clear Secured SME IPO Details

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Clear Secured SME IPO GMP

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Clear Secured SME IPO Subscription

QIB, NII, Retail, SHNI and BHNI subscription

Clear Secured SME IPO Allotment

Allotment date, chances, and check by PAN

Clear Secured SME IPO Review

SWOT, strengths, risks, and IPO review

Clear Secured SME IPO FAQ

Common questions on dates, GMP, and allotment

Clear Secured SME IPO Registrar

Registrar website and how to check allotment

Clear Secured SME IPO Timeline

Open, close, allotment, and listing dates

Clear Secured SME IPO News

Updates, blogs, and latest IPO news

Sources

We match Clear Secured SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Bigshare Services Pvt.Ltd.Official site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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