Clear Secured Services IPO listing: Shares of Clear Secured Services made a weak debut on NSE SME on Monday, December 8. The SME stock opened at ₹119, down 9.85% from the issue price of ₹132 and fell further to hit a 5% lower circuit of ₹113.05. Clear Secured Services’ listing failed to meet grey market expectations as the grey market premium (GMP) of the stock was ₹3 on Monday, December 8, morning. The ₹3 GMP indicated the stock could list at ₹135 on the NSE SME.
Clear Secured Services specialises in integrated facility management (IFM). It offers both soft services, such as housekeeping, security, payment management, and staffing services, as well as hard services, including electromechanical services, repair and maintenance, facade cleaning, and pest control services.
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