Clear Secured Services Ltd. (NSE SME)

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Clear Secured Services

December 1, 2025 – December 3, 2025

Price ₹125 - ₹132
GMP Rumors * ₹12
Lot size 1000
Issue size ₹85.60 cr
Allotment Dec 4, 2025
Listing Dec 8, 2025


Clear Secured Services Subscription

Last updated on 01-Dec-2025 17:35:13

CategoryOfferedAppliedTimes
QIB123200012320001
HNIs9240005910000.64
bHNI6160004980000.81
sHNI308000930000.3
Individual21560005840000.27
Total431200024070000.56
Application-Wise Breakup img
CategoryReservedAppliedTimes
HNIs (10L+)205630.31
HNIs (3-10L)103300.29
Individual10782920.27
Subscription Demand (in ₹ crore)
CategoryOfferedDemandTimes
QIB16.2616.261
FII-0-
FI-0-
IC-0-
MF-0-
OTH-16.26-
HNIs12.27.80.64
bHNI8.136.570.81
sHNI4.071.230.3
Individual28.467.710.27
Total56.9231.770.56
QIB Interest Cost Per Share (7 Days)
@7%
₹0.2
@8%
₹0.2
@9%
₹0.2
@10%
₹0.3
@11%
₹0.3
@12%
₹0.3

Clear Secured Services Lot(s) Distribution

Category Lot(s) Qty Amount Reserved
INDIVIDUAL 2 2000 264000 1078
sHNI 3 3000 396000 103
bHNI 8 8000 1056000 205

Clear Secured Services Reservation

Category Shares Offered %
Anchor 1848000 28.5%
QIB 1232000 19%
HNI 924000 14.25%
INDIVIDUAL 2156000 33.25%
Market Maker 325000 5.01%
Total 6485000 100%

Clear Secured Services About

IPO Details
Total Issue Size64,85,000 shares (aggregating up to ₹85.60 Cr)
Fresh Issue64,85,000 shares (aggregating up to ₹85.60 Cr)
Issue TypeBookbuilding IPO
Listing AtNSE SME
Share Holding Pre Issue1,75,62,112 shares
Share Holding Post Issue2,40,47,112 shares
Reserved for Market Maker3,25,000 shares (aggregating up to ₹4.29 Cr)
Market MakerChoice Equity Broking Pvt.Ltd.
Key Performance Indicators (KPI)
KPIAug-25Mar-25Mar-24Mar-23
ROE12.0910.74%14.85%9.53%
ROCE13.3323.46%20.58%13.84%
EPS (BASIC)0.991.020.60.59
P/E
Pre IPO
23.36
P/E
Post IPO
9.52
Company Financial (In ₹Crore) 
Period EndedAug-25Mar-25Mar-24Mar-23
Assets303.03227.55170.04153.47
Total Income231.68482.74350.63311.71
Profit After Tax13.99.9212.086.85
EBITDA21.4422.3721.814.58
NET Worth132.4497.3587.4375.35
Reserves and Surplus114.8897.187.1875.1
Total Borrowing131.2899.3752.6644.19

Peer Comparision (Valuation)
  Company    P/E (x)    CMP*(₹)    Face value (₹)  
  Clear Secured Services Limited  23.36   10.00
Aarvi Encon Limited20.28137.6810.00
Integrated Personnel Services Limited32.01275.0010.00
Kapston Services Limited36.71322.655.00
SOURCE: RHP,Financial information for our Company is derived from the Consolidated Consolidated Restated Financial Statements as at and for the FY 2025. EPS and Book Value per share has been calculated on Post Bonus Equity Shares. P/E Ratio has been computed based on the closing market price of equity shares on NSE/BSE on November 14, 2025 divided by the Basic EPS as at March 31, 2025. In the above peer comparison table, we have shown the P/E ratio of the IPO issuer company based on the pre-IPO valuation.


Peer Comparision (Financial Performance)
CompanyRoNW (%)EPS (Basic) (₹)
Clear Secured Services Limited10.746.2
Aarvi Encon Limited8.306.79
Integrated Personnel Services Limited13.728.59
Kapston Services Limited22.238.79
About Company

Since 2008, Clear Secured Services Limited has been a pioneer in Integrated Facility Management (IFM), delivering seamless, efficient, and innovative solutions designed to enhance the productivity, safety, and well-being of client facilities.

With over 17 years of industry experience, the company has established itself as a trusted partner for organizations seeking to optimize and professionalize their facility operations. Founded with a vision to transform the facility management landscape, Clear Secured Services Ltd. has built a strong team of experts who understand the complexities and evolving needs of modern infrastructure and workplace environments.

Driven by innovation, customer focus, and a commitment to excellence, the company has consistently delivered exceptional value across sectors. Its reputation as a pioneering IFM provider is supported by continuous investment in the latest technologies, best practices, and skilled talent, ensuring that clients receive effective, reliable, and future-ready facility management solutions.

Clear Secured Services Limited continues to push the boundaries of innovation, empowering businesses with integrated services that make their facilities safer, smarter, and more efficient.

Strength

Integrated Service Offerings & Scalable Business Model: The company provides a wide range of integrated facility management services across sectors, enabling customized solutions for diverse client needs. This broad portfolio strengthens customer acquisition and retention while allowing the company to expand offerings as client requirements evolve.

Strong Nationwide Presence & Large Workforce: With a recognized brand and direct operational control, the company has built credibility through quality service delivery. Its presence across India, strong government relationships, and proven track record help drive business growth and open new opportunities.

Long-Standing Client Relationships Across Key Sectors: The company maintains strong, multi-year relationships with major clients through consistent service quality, compliance, and continuous improvement. Serving 63–76 customers annually and retaining key clients for over five years highlights its ability to deliver value and expand its customer base domestically and internationally.

Weakness

Exposure to Legal Proceedings: The company, its Promoters, Directors, and Subsidiaries are involved in ongoing legal matters across various forums. Any adverse outcome may result in penalties, financial liabilities, or reputational damage, affecting business operations and cash flows.

High Geographic Concentration in Maharashtra: A significant share of revenue is generated from Maharashtra. Any adverse economic, regulatory, or operational developments in this region may directly impact the company’s revenue, financial stability, and growth prospects due to this regional dependence.

Revenue Concentration in Limited Service Segments: The company derives a large portion of its revenue from key IFM service segments, including security, housekeeping, and repair & maintenance. Heavy reliance on a few segments may increase vulnerability to market shifts, pricing pressure, or reduced demand within these service categories.

Clear Secured Services Lead Manager(s)

Clear Secured Services Address

Clear Secured Services Ltd.
14B/4, Ground Floor, Plot -14A/14B, New Sion CHS,
Swami Vallanbhdas Marg, Road No 24
Sindhi Colony, Sion,
MumbaiMaharashtra, 400022
Phone022-20850085
Emailcompanysecretary@cssindia.in
Website: https://www.cssindia.in/

Clear Secured Services Registrar

Bigshare Services Pvt Ltd
Address: Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059

Clear Secured Services Reviewers

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