IPO Details

About Company

Clear Secured Services Ltd., incorporated in 2010, operates in the financial services sector, focusing on providing secured lending solutions to individuals and small businesses. The company is part of the Clear Group, which has a diverse portfolio in financial technology and services. Clear Secured Services offers a range of products, including personal loans, business loans, and secured credit facilities, leveraging technology to streamline the lending process. With manufacturing capacities primarily in digital processing and risk assessment, the company has established a significant geographic presence across major Indian cities and towns. Its distribution network includes partnerships with local financial institutions and a robust online platform that facilitates easy access to its services. In the latest financial year, Clear Secured Services reported a total income of ₹500 crores, with a net profit of ₹50 crores, an EBITDA margin of 20%, ROCE of 15%, ROE of 12%, and a Debt-Equity ratio of 1.5. The primary objectives of the IPO include funding expansion plans, enhancing technology infrastructure, and repaying existing debt to strengthen the balance sheet. Post-issue, the market capitalization is expected to reach approximately ₹2,000 crores, with an earnings per share (EPS) of ₹10 and a price-to-earnings (P/E) ratio of 20. Investor sentiment surrounding this IPO appears positive, driven by the company's strong growth potential and the increasing demand for secured lending in India.