Archive · 8 Dec 2025
Clear Secured Services IPO Debuts at 10% Discount
Clear Secured Services, a company that provides services like housekeeping, security, and maintenance, had its IPO on December 8, 2025.
The shares started trading at ₹119, which is 10% less than the issue price of ₹132.
The price even dropped further to ₹113.05, which is the lowest allowed price for the day.
The company had expected the shares to be worth more based on the grey market, but that didn't happen.
The IPO was subscribed 9 times overall, with retail investors showing 7 times interest and big investors showing 12.5 times interest.
The company's profits and revenues have been going up and down in recent years.
Clear Secured Services' IPO debuted on NSE SME at a 10% discount to the issue price of ₹132, opening at ₹119 and hitting the lower circuit at ₹113.05.
The grey market premium of ₹3 indicated an expected listing price of ₹135, but the actual listing fell short of these expectations.
The company specializes in integrated facility management, offering both soft and hard services.
The IPO was subscribed nearly 9 times, with the retail portion booked nearly 7 times and the NII segment subscribed 12.5 times.
The company's profit after tax (PAT) has fluctuated, with ₹6.85 crore in FY23, ₹12.08 crore in FY24, ₹9.92 crore in FY25, and ₹13.90 crore in the period ending August 31, 2025.
- Who
- Clear Secured Services, an integrated facility management company
- What
- IPO listing on NSE SME
- When
- December 8, 2025
- Where
- NSE SME
- Why
- To raise ₹85.60 crore through a fresh issue of 64,85,000 shares
- Company
- Clear Secured Services
- IPO Listing Date
- December 8, 2025
- Issue Price
- ₹132 per share
- Opening Price
- ₹119 per share
- Lower Circuit Price
- ₹113.05 per share
- Grey Market Premium
- ₹3 per share
- IPO Subscription
- 9 times
- Retail Subscription
- 7 times
- NII Subscription
- 12.5 times