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Clear Secured Services SME IPO

Clear Secured Services came to market through an SME IPO that opened on 1 December 2025 and closed on 3 December 2025, and the shares listed on 8 December 2025 on NSE SME. The price band was ₹125 to ₹132 per share and one lot was 1000 shares, so the minimum application was ₹1,32,000. The issue size was ₹85.6 crore. The whole issue was fresh shares, so the money raised went to the company.

Bigshare Services Pvt Ltd was the registrar to the issue, and Horizon Management Pvt Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹125 to ₹132
Lot size
1000 shares
Minimum investment
₹1,32,000
Face value
₹10 per share
Issue size
₹85.6 crore
Fresh issue
64,85,000 shares (aggregating up to ₹85.6 crore)
Listing at
NSE SME
Registrar
Bigshare Services Pvt Ltd
Lead managers
Horizon Management Pvt Ltd

Timeline

Opens
1 December 2025
Closes
3 December 2025
Allotment
4 December 2025
Listing
8 December 2025

Subscription status by day

As of 3 December 2025.

Day
1
2
3

About Clear Secured Services

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 caters to industries such as telecom, insurance, real estate, oil and gas, banking, retail, and government. Currently, the company serves 17 customer locations in 15 states and 2 union territories.

As described in the offer document.

Objects of the issue

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

Financials (₹ crore)

Metric31-Aug-2531-Mar-2531-Mar-2431-Mar-23

Promoters

Mr. Vimal Dhar Lalta Prasad Dubey, Mr. Rakesh Dhar Dubey, Mrs. Kusum Vimal Dubey, Mr. Sanjay Dubey.

Application sizes

Individual (min)
2 lots, 2000 shares, ₹2,64,000
Individual(max)
2 lots, 2000 shares, ₹2,64,000
sHNI(min)
3 lots, 3000 shares, ₹3,96,000
sHNI(max)
7 lots, 7000 shares, ₹9,24,000
bHNI(min)
8 lots, 8000 shares, ₹10,56,000

Valuation

ROE
10.74%
ROCE
23.46%
RoNW
10.74%
PAT Margin
2.08%
Debt/Equity
1.02
Price/Book
2.17
Market Cap
₹85.6 cr

Registrar and allotment status

Registrar
Bigshare Services Pvt Ltd
Allotment status
https://ipo.bigshareonline.com/ipo_status.html
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Clear Secured Services SME IPO

What is Clear Secured Services IPO?

Clear Secured Services IPO was a ₹85.6 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹125–₹132 per share with a lot size of 1,000 shares; the minimum retail application was 2,000 shares (₹2,64,000). The IPO was open from December 1 to December 3, 2025 and was subscribed 8.91x. Shares listed on NSE SME on December 8, 2025 at ₹119, a 9.8% discount to the issue price of ₹132.

Bigshare Services Pvt Ltd is the registrar. Horizon Management Pvt Ltd is the book running lead manager.

What is the price band of Clear Secured Services IPO?

The price band of Clear Secured Services IPO is ₹125 to ₹132 per share.

What is the lot size of Clear Secured Services IPO?

The lot size of Clear Secured Services IPO is 1000 shares.

What is the minimum investment for Clear Secured Services IPO?

The minimum investment for Clear Secured Services IPO is approximately ₹2,64,000 based on the upper price band.

What is the allotment date of Clear Secured Services IPO?

The allotment date of Clear Secured Services IPO is Dec 4, 2025.

What was the GMP of Clear Secured Services IPO before listing?

Clear Secured Services IPO's final recorded GMP before listing was ₹3 per share (a 2% premium over the ₹132 upper price band). The shares listed at ₹119. GMP is unofficial and does not forecast or guarantee the actual listing price.

How to check Clear Secured Services IPO allotment status?

You can check Clear Secured Services IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Clear Secured Services IPO allotment status on Rupix for quick and easy access.

What was the price band of the Clear Secured Services SME IPO?

₹125 to ₹132 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Clear Secured Services SME IPO?

One lot was 1000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,32,000. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Clear Secured Services SME IPO?

₹1,32,000, for one lot of 1000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Clear Secured Services SME IPO open and close?

It opened on 1 December 2025 and closed on 3 December 2025.

When was the allotment of the Clear Secured Services SME IPO?

The basis of allotment was published on 4 December 2025 by Bigshare Services Pvt Ltd, and allotted shares were credited to demat accounts before listing.

When did Clear Secured Services list on NSE SME?

The shares listed on 8 December 2025 on NSE SME.

How large was the Clear Secured Services SME IPO?

The issue size was ₹85.6 crore. The fresh issue was 64,85,000 shares (aggregating up to ₹85.6 crore).