The Clear Secured IPO opening date is December 1, 2025, and the IPO will close on December 3, 2025. The Clear Secured IPO is a book-built issue. The company will raise approximately ₹85.60 crore through the IPO, which includes a fresh issue of ₹85.60 crore and an offer for sale of up to [.] equity shares of face value ₹10.
The price band for the Clear Secured IPO is ₹125 to ₹132 per share. The retail quota is 35%, QIB 50%, and HNI 15%. The Clear Secured IPO will be listed on the NSE on December 8, 2025. The allotment date for the Clear Secured IPO is December 4, 2025.
The company reported revenue of ₹482.74 crore in 2025, compared to ₹350.63 crore in 2024. The company reported a profit of ₹9.92 crore in 2025, compared to a profit of ₹12.08 crore in 2024. According to financials, IPO investors should apply for the IPO GMP for the long term.
Clear Secured IPO Details
| IPO Open Date | December 1, 2025 |
| IPO Close Date | December 3, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹125 to ₹132 Per Share |
| Issue Size | Approx ₹85.60 Crores |
| Fresh Issue | Approx ₹85.60 Crores |
| Issue Type | Book Built Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Clear Secured IPO Market Lot
The Clear Secured IPO minimum market lot is 2,000 shares with ₹2,64,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,64,000 |
| Retail Maximum | 2 | 2,000 | ₹2,64,000 |
| S-HNI Minimum | 3 | 3,000 | ₹3,96,000 |
| S-HNI Maximum | 7 | 7,000 | ₹9,24,000 |
| B-HNI Minimum | 8 | 8,000 | ₹10,56,000 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Clear Secured IPO Anchor Investors
| Anchor Bidding Date | November 28, 2025 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | January 3, 2026 |
| lock-in period end date 50% shares (90 Days) | March 4, 2026 |
Clear Secured IPO Dates
The Clear Secured IPO date is December 1 and the close date is December 3. The Clear Secured IPO allotment will be finalized on December 4 and the IPO listing on December 8.
| IPO Open Date: | December 1, 2025 |
| IPO Close Date: | December 3, 2025 |
| Basis of Allotment: | December 4, 2025 |
| Refunds: | December 5, 2025 |
| Credit to Demat Account: | December 5, 2025 |
| IPO Listing Date: | December 8, 2025 |
| IPO Bidding Cut-off Time: | December 3, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Vimal Dhar Lalta Prasad Dubey, Mr. Rakesh Dhar Dubey, Mrs. Kusum Vimal Dubey and Mr. Sanjay Dubey.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,75,62,112 | 99.84% |
| Promoter Holding Post Issue | 2,40,47,112 | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Investment in our wholly owned Subsidiary, Comfort Techno Services Private Limited (“CTSPL”) for funding the Purchase of Equipment | ₹5.25 |
| Funding for Working Capital Requirement | ₹26 |
| Repayment or prepayment of Borrowings | ₹35.50 |
| General Corporate Purpose | ₹- |
About Clear Secured IPO
Clear Secured Services Limited is one of the leading companies providing integrated security, maintenance, infrastructure, staffing, telecom, and IT services.
In addition, the company offers unique and valuable services such as security services, housekeeping and cleaning, and repair and maintenance (RnM). It serves customers across multiple industries, including telecom, insurance, real estate, oil and gas, banking, retail, and government. Currently, it serves 17 customer locations across 15 states and two union territories.
Clear Secured IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹311.71 | ₹301.64 | ₹6.85 | ₹153.47 |
| 2024 | ₹350.63 | ₹332.61 | ₹12.08 | ₹170.04 |
| 2025 | ₹482.74 | ₹457.50 | ₹9.92 | ₹227.55 |
| August 2025 | ₹231.68 | ₹214.03 | ₹13.90 | ₹303.03 |
Clear Secured IPO Valuation – FY2025
Check Clear Secured IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 10.74% |
| ROCE: | 23.46% |
| EBITDA Margin: | 4.70% |
| PAT Margin: | 2.08% |
| Debt to equity ratio: | 1.02 |
| Earning Per Share (EPS): | ₹6.20 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 10.74% |
| Net Asset Value (NAV): | ₹60.85 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Aarvi Encon Limited | 6.79 | 20.28 | 8.30% | 84 .62 | 510.39 Cr. |
| Integrated Personnel Services Limited | 8.59 | 32.01 | 13.72% | 65.51 | 316.23 Cr. |
| Kapston Services Limited | 8.79 | 36.71 | 22.23% | 43.81 | 689.43 Cr. |
Key services:
- Security Services
- Housekeeping & Cleaning
- Repair & Maintenance (RnM)
- Infrastructure & Interiors (TIS)
- HR & Staffing Solutions
- Telecom & Remote Monitoring
- IT & Software Services
The company serves customers across industries, i.e., telecom, inurannsurance, real estate, oil and gas, banking, retail, and government.
Currently, the company is serving 17 customer locations in 15 states and 2 union territories.
Competitive strengths
- Integrated Service Offerings and Strategic Business Model Positioned for Industry Growth
- Direct Operations and Nationwide Presence with large workforce
- Strong, Ongoing Relationships with Clients Across Key Sectors
- Proven Financial Success Driven by Scalable, Efficient Business Model
IPO Lead Managers aka Merchant Bankers
- Horizon Financial Pvt. Ltd.
Company Address
Clear Secured Services Ltd.
14B/4, Ground Floor, Plot -14A/14B, New Sion CHS,
Swami Vallanbhdas Marg, Road No 24
Sindhi Colony, Sion,
Mumbai, Maharashtra, 400022
Phone: 022-20850085
Email: companysecretary@cssindia.in
Website: https://www.cssindia.in/index.html
IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Clear Secured Services Limited (CSS) is a Mumbai‑based facility management, offering integrated security, maintenance, infrastructure, staffing, telecom, and IT services.