IPO Schedule
1
Open
1 Dec
2
Close
3 Dec
3
Allotment
-
4
Listing
8 Dec
Clear Secured Services IPO
Issue:₹132
List:₹119
CMP:₹130
NSELot: 1000SME
LISTEDSME
Issue Price₹132
Listing₹119
Current₹130
Content
About Clear Secured Services
Clear Secured Services is an SME focused on providing security solutions, likely encompassing manned guarding, electronic security systems, and related services. They cater to a diverse range of clients seeking to protect their assets and personnel.
Subscription Status
QIB
1.00x
NII
0.99x
Retail
0.27x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 9.98x | 3.46x | 1.00x |
| NII | 12.51x | 2.36x | 0.99x |
| Retail | 6.60x | 1.16x | 0.27x |
| Total | 8.83x | 2.08x | 0.64x |
Risk Factors
•High competition in the security services industry, potentially impacting pricing and profitability.
•Reliance on skilled manpower, with potential challenges in recruitment and retention.
•Exposure to economic downturns, which could reduce demand for security services.
•SME segment IPOs can be more volatile than mainboard IPOs due to lower liquidity and investor participation.
•The P/E ratio of 23.36 suggests a relatively high valuation compared to some industry peers and other investment opportunities.