Clear Secured Services Limited IPO

Clear Secured Services Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹125 - ₹132

Total Issue

₹85.60 Cr

Bid Dates

01 Dec - 03 Dec

Subscription

8.91x

Est. GMP

₹3 (2.27%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Clear Secured IPO
Category Lots Shares Amount
Individual (Min) 2 2,000 ₹2,64,000
Individual (Max) 2 2,000 ₹2,64,000
S-HNI (Min) 3 3,000 ₹3,96,000
S-HNI (Max) 7 7,000 ₹9,24,000
B-HNI (Min) 8 8,000 ₹10,56,000
Market Maker
325000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹85.60 Cr
Fresh Issue
₹85.60 Cr (0.65 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹3
Est. Price ₹135
Est. Gain 2.27%

Clear Secured IPO Peer Comparison

(Rs. in crores)

Clear Secured IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Clear Secured IPO
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

KPIs

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.

Shareholding

Promoter

100.00%

Public

0.00%

Vimal Dhar Dubey 50%
Rakesh Dubey 25%
Sanjay Dubey 25%

Management

Vimal Dhar Dubey Chairman & MD
Rasika Sawant CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Bigshare Services

Lead Managers (1)

Horizon Management Horizon Management

Subscription Status

Updated as on 03-Dec-2025 19:01:14 hrs

Category Sub (x) Offered Bids
QIB 9.98x 12,32,000 1,22,91,000
NII 12.51x 9,24,000 1,15,59,000
bHNI 14.66x 6,16,000 90,30,000
sHNI 8.21x 3,08,000 25,29,000
Individual Investor 6.60x 21,56,000 1,42,32,000
Total 8.83x 43,12,000 3,80,82,000

Frequently Asked Questions

What is Clear Secured IPO?
Clear Secured IPO is a SME IPO having an issue size of ₹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.
When will Clear Secured IPO open?
Clear Secured IPO opens on 01 Dec 25 and closes on 03 Dec 25.
What is the GMP of Clear Secured IPO?
The estimated Grey Market Premium of Clear Secured IPO is ₹3 per share (2.27%).
What is the lot size of Clear Secured IPO?
The minimum lot size of Clear Secured IPO is 1000 shares & the minimum application amount is Rs. 132000.
When is the allotment of Clear Secured IPO?
The allotment date of Clear Secured IPO is 04 Dec 25.
What is the listing date of Clear Secured IPO?
The listing date of Clear Secured IPO is 08 Dec 25.
What is the subscription of Clear Secured IPO?
Clear Secured IPO is subscribed 8.91 times.
What is the price band of Clear Secured IPO?
Clear Secured IPO is priced at ₹125 - ₹132 per share.
How to check allotment status of Clear Secured IPO?
Click the allotment link on Clear Secured IPO page of IPO360.
How to apply Clear Secured IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Clear Secured IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Clear Secured IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Clear Secured IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date