Nukleus Office Solutions IPO is scheduled to start on February 24, 2025, and will remain open for subscription until February 27, 2025. The IPO is a fixed price issue amounting to Rs 31.70 crores, consisting entirely of a fresh issue of 13.55 lakh shares. The allotment is expected to be finalized on February 28, 2025, with the company’s shares set to list on the BSE SME on March 4, 2025.
The IPO is priced at ₹234 per share, with a minimum lot size of 600 shares. Retail investors are required to invest a minimum of ₹1,40,400, while High Net-worth Individuals (HNI) must subscribe to at least two lots (1,200 shares), amounting to ₹2,80,800. The IPO follows a fixed price model, raising approximately ₹31.70 crores, with no offer-for-sale component.
The allocation structure designates 50% of the shares for retail investors and 50% for HNIs, with no specific quota for Qualified Institutional Buyers (QIBs). The IPO allotment date is February 28, 2025, and the listing on BSE SME is tentatively scheduled for March 4, 2025.
Financially, Nukleus Office Solutions has demonstrated strong growth. The company reported revenue of ₹17.16 crores in 2024, a significant increase from ₹10.9 crores in 2023. Likewise, its net profit surged from ₹0.67 crores in 2023 to ₹1.20 crores in 2024. Given its solid financial performance and growth trajectory, investors may consider this IPO for long-term investment potential.
Overview of Contents
About Nukleus Office Solutions IPO
Nukleus Office Solutions Limited, incorporated in December 2019, specializes in co-working and managed office spaces in the Delhi NCR region. The company provides fully furnished and flexible workspace solutions, including dedicated desks, private cabins, meeting rooms, startup zones, and virtual offices, catering to startups, SMEs, large enterprises, and professionals.
As of December 31, 2024, Nukleus operated seven flexible workspaces and four managed offices, offering 2,796 seats with an 88.48% occupancy rate. With a team of 30 employees, the company focuses on efficient management, customizable workspaces, and a hybrid model to meet diverse client needs. Financially, it reported revenue of ₹21.36 crore in December 2024, up from ₹17.16 crore in March 2024. With an emphasis on infrastructure development and technology integration, Nukleus aims to expand its presence in the growing co-working space industry.
Nukleus Office Solutions IPO Overview
| Details | Information |
|---|---|
| IPO Opening Date | February 24, 2025 |
| IPO Closing Date | February 27, 2025 |
| Face Value per Share | ₹10 |
| Offer Price per Share | ₹234 |
| Lot Size (Min Investment) | 600 Shares |
| Total Shares Offered | 13,54,800 shares (₹31.70 Cr) |
| Fresh Issue | 13,54,800 shares (₹31.70 Cr) |
| IPO Type | Book Built Issue |
| Stock Exchange | BSE SME |
| Shares Before IPO | 26,77,200 shares |
| Shares After IPO | 40,32,000 shares |
| Market Maker Portion | 53,400 shares |
| Retail Investor Quota | Up to 50% |
| Institutional Quota | 0% |
| HNI/NII Quota | Up to 50% |
| DRHP | Click here |
| RHP | Click here |
Nukleus Office Solutions IPO Financial Performance (All figures in ₹ Crore)
| Financial Metrics | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Total Revenue | ₹21.36 Cr | ₹17.16 Cr | ₹10.9 Cr | ₹3.42 Cr |
| Net Profit | ₹1.51 Cr | ₹1.2 Cr | ₹0.67 Cr | ₹0.11 Cr |
| Total Assets | ₹29.37 Cr | ₹19.36 Cr | ₹7.36 Cr | ₹3.27 Cr |
| Shareholder Equity | ₹8.71 Cr | ₹4.2 Cr | ₹1 Cr | ₹0.33 Cr |
| Reserves & Surplus | ₹6.03 Cr | ₹1.68 Cr | ₹0.84 Cr | ₹0.17 Cr |
| Outstanding Debt | ₹13.58 Cr | ₹8.22 Cr | ₹1.83 Cr |
Nukleus Office Solutions IPO – Valuation Metrics (FY2024)
| Valuation Parameter | Value |
|---|---|
| Earnings Per Share (EPS) | ₹19.71 (Basic) |
| Net Asset Value (NAV) | ₹16.66 |
| Return on Equity (ROE) | 28.54% |
| Return on Capital Employed (ROCE) | 18.08% |
| Profit After Tax Margin (PAT Margin) | 6.99% |
| EBITDA Margin | 19.12% |
| Debt-to-Equity Ratio | 1.36 |
| Price-to-Earnings Ratio (P/E) | N/A |
| Return on Net Worth (RoNW) | 28.54% |
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Capital expenditure and security deposit towards the establishment of new centres;
- Building up technology platform, integration of all centres, online client interaction and mobile application;
- Advertisement expenses towards enhancing the visibility of our brand and
- General corporate purposes
Peer Group Comparison
| Company Name | Net Income (₹ Cr.) | Net Asset Value (NAV) | Return on Net Worth (RoNW %) | Earnings Per Share (EPS) | Price-to-Earnings Ratio (P/E) |
|---|---|---|---|---|---|
| Awfis Space Solutions Ltd. | ₹874.80 Cr | ₹36.22 | 6.99% | (-2.79) | N/A |
| Kontor Space Ltd. | ₹11.71 Cr | ₹35.63 | 8.85% | 2.15 | 44.40 |
| EFC (India) Ltd. | ₹428.78 Cr | ₹86.65 | 14.68% | 14.06 | 34.09 |
Nukleus Office Solutions IPO Dates
| Event | Date |
|---|---|
| Subscription Start Date | February 24, 2025 (Monday) |
| Subscription End Date | February 27, 2025 (Thursday) |
| Share Allotment (Tentative) | February 28, 2025 (Friday) |
| Refund Process Initiation | March 3, 2025 (Monday) |
| Shares Credited to Demat | March 3, 2025 (Monday) |
| Expected Listing Date | March 4, 2025 (Tuesday) |
| UPI Mandate Cut-off Time | 5:00 PM, February 27, 2025 |
Nukleus Office Solutions IPO Lot Size
| Investor Type | Shares per Lot | Minimum Lots | Total Shares | Investment Amount |
|---|---|---|---|---|
| Retail Investors | 600 | 1 | 600 | ₹1,40,400 |
| High Net-worth Individuals (HNI) | 600 | 2 | 1,200 | ₹2,80,800 |
Nukleus Office Solutions IPO Promoter Holding
| Stakeholder | Ownership Before IPO | Ownership After IPO |
|---|---|---|
| Promoters (Nipun Gupta & Puja Gupta) | 99.98% | [To be updated] |
Nukleus Office Solutions IPO Reservation
| Investor Segment | Allocation Percentage |
|---|---|
| Individual Investors | 50% of the Net Issue |
| Non-Retail Investors | 50% of the Net Issue |
Nukleus Office Solutions IPO Review
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Nukleus Office Solutions IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Company Address
Nukleus Office Solutions Limited
1102, Barakhamba Tower
22 Barakhamba Road, Connaught Place
New Delhi – 110001
Phone: +91 9667049487
Email: cs@nukleus.work
Website: https://www.nukleus.work/
Nukleus Office Solutions IPO FAQs
What are the IPO dates for Nukleus Office Solutions?
The IPO opens on February 24, 2025, and closes on February 27, 2025.
What is the issue price and lot size?
The IPO is priced at ₹234 per share, with a minimum lot size of 600 shares.
What is the total issue size?
The IPO aims to raise ₹31.70 crores through a fresh issue of 13.55 lakh shares.
When will the allotment be finalized?
The IPO allotment is expected on February 28, 2025.
When is the listing date?
Nukleus Office Solutions is expected to list on BSE SME on March 4, 2025.