Clear Secured Services Ltd IPO

The Clear Secured Services Ltd. IPO opens for subscription on December 1, 2025 and closes on December 3, 2025. The book-build issue of ₹85.60 crores is entirely a fresh issue of 0.65 crore shares of ₹85.60 crore. The allotment for the Clear Secured IPO is expected to be finalized on December 4, 2025. The Clear Secured IPO will list on NSE SME with a tentative listing date fixed as December 8, 2025.

Bigshare Services Pvt. Ltd. is the registrar of the issue and Horizon Management Pvt. Ltd. is the book running lead manager. The IPO's price band is set at ₹125.00 to ₹132.00 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,64,000.00 (2,000 shares) (based on upper price) and the minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹3,96,000.

Company Background

A Mumbai-headquartered integrated facility management and support services company, Clear Secured Services Limited (CSS), was originally incorporated as a private limited company in 2008 and later converted into a public company in 2025 to support its expansion and IPO plans.

The company has more than 17 years of operations and has evolved into a pan-India business services platform delivering critical on-ground support to corporates, banks, financial institutions, telecom players, retail chains, eCommerce companies, oil and gas entities, real estate developers and government organizations.

Clear Secured Services Limited positions itself as an innovation-led partner focused on ensuring uptime, safety and operational continuity for mission-critical infrastructure in sectors with high compliance and security requirements. The company has PSARA security licenses across multiple states and strong domain experience; it has built a reputation for reliability, process discipline and technology-led monitoring, supported by a growing network of sites across 15 states and 2 union territories as of mid-2025.

Operations And Product Range

The company operates as a multi-service provider specializing in the segment of Integrated Facility Management (IFM) and Support Services, structured to offer both soft and hard services under a single solutions umbrella.

The soft services portfolio of the company includes housekeeping and deep cleaning, security and guarding services (PSARA-compliant in 11 states), manpower staffing and payroll management, payment management support and waste collection and disposal. Hard services cover electro-mechanical maintenance, repairs and breakdown management, facade cleaning, pest control and infrastructure and interior works for commercial and institutional clients.

The company has developed technology and managed services capabilities such as e-surveillance, remote monitoring and IT / software-enabled process tracking, enabling clients to gain better visibility and control over their distributed assets and branches. The company's integrated bouquet helps the company operate as a one-stop partner for banks, telecom towers, ATMs, retail outlets and corporate facilities, reducing vendor fragmentation and improving service consistency.

Revenue Channels

Primarily, the company generates revenue from long-term and recurring service contracts in integrated facility management, security and support services signed with corporates, BFSI institutions, telecom and infrastructure players, retailers, oil and gas companies, real estate clients and government bodies.

The company’s revenue is diversified across business verticals such as security management, housekeeping and maintenance, HR and staffing, infrastructure and interior solutions, telecom support and technology-enabled remote monitoring and IT services, with billing typically structured as monthly or periodic service charges linked to headcount, sites managed, or defined service-level commitments.

Management And Shareholding

The Promoters of the Company are Vimal Dhar Lalta Prasad Dubey, Rakesh Dhar Dubey, Kusum Vimal Dubey and Sanjay Dubey.