Nukleus Office Solutions Ltd IPO

Nukleus Office Solutions Ltd IPO

We are co-working and managed office space provider which provides range of fully furnished, flexible workspaces, dedicated desks, private cabins, meeting rooms, innovative spaces, startup zones, virtual office etc. in Delhi NCR region. Our range of office solutions cater to diverse range of occupants including startups, SMEs, large enterprises, professionals, and entrepreneurs. We also offer fully serviced and managed workspace solution for enterprises ranging from 50-500 seats. As of December 31, 2024, we have 7 centres with flexible workspaces and also manage 4 Managed Offices in Delhi NCR region with an aggregate of 2,796 total seats.

Nukleus Office Solutions Ltd IPO Details

Total Shares Offered

₹ 13,54,800

Offer to Public

TBA

Retail Max (Shares)

₹ 5,05,800

Pre Issue Promoters Holding

₹ 25,16,946

Exchange

BSE

Issue size

TBA

IPO Open Date

Feb 24, 2025

Close Date

Feb 27, 2025

Lot Size

600

Min Investment

TBA

Issue Type

Fixed Price - SME

Listing Date

Mar 4, 2025

Nukleus Office Solutions Ltd IPO Dates

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Feb 24, 2025
Opening date
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Feb 27, 2025
Closing date
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Feb 28, 2025
Basis of Allotment
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Mar 3, 2025
Initiation of Refunds
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Mar 3, 2025
Credit of Shares
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Mar 4, 2025
Listing date

Details

SectorType
SectorMiscellaneous
Sub SectorNA
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Nukleus Office Solutions Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations5.713.081.40
EBITDA8.684.561.90
PAT2.061.200.67
Total Assets34.519.293.34
Share Capital4.032.520.16
Total Borrowings19.028.052.13
Operating Activities (Net Cash)5.032.681.17
Investing Activities (Net Cash)-3.25-2.050.00
Financing Activities (Net Cash)19.028.052.13
Net Cashflow23.965.820.05

About Nukleus Office Solutions Ltd

Nukleus Office Solutions Limited was originally incorporated as Nukleus Office Solutions Private Limited at Delhi as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated September 27, 2019, issued by the RoC. Subsequently, the Company was converted to a public limited company and the name of the Company changed to `Nukleus Office Solutions Limited' and a fresh certificate of incorporation dated July 29, 2024 was issued by the RoC. The CIN of the Company is U70101DL2019PLC355618.

India's commercial office landscape is witnessing a significant shift towards flexible workspaces. The concept of flexible workspace, also known as flex space, has gained significant traction in recent years within India's commercial real estate market. This shift reflects a changing work environment where businesses prioritize agility, cost-effectiveness, and fostering collaboration. This concept, encompassing co-working spaces, serviced offices, and managed offices, caters to the evolving needs of businesses seeking agility, cost-effectiveness, and a collaborative environment. The total operational area dedicated to flexible workspaces in the top seven Indian cities has reached a staggering 53 million square feet in Q1 2023. This translates to a penetration level of around 4.7% of the overall office space stock, making India one of the fastest-growing flexible workspace markets globally.

We are co-working and managed office space provider which provides range of fully furnished, flexible workspaces, dedicated desks, private cabins, meeting rooms, innovative spaces, startup zones, virtual office etc. in Delhi NCR region. Our range of office solutions cater to diverse range of occupants including startups, SMEs, large enterprises, professionals, and entrepreneurs. We also offer fully serviced and managed workspace solution for enterprises ranging from 50-500 seats. As of December 31, 2024, we have 7 centres with flexible workspaces and also manage 4 Managed Offices in Delhi NCR region with an aggregate of 2,796 total seats.

Peer Comparison:

  • AWFIS Space Solutions Ltd
  • Kontor Space Ltd
  • EFC (I) Ltd

Nukleus Office Solutions Ltd Key Points

Strengths

Strategic locations with high demand for coworking spaces ensure accessibility and convenience for businesses of all scales.

Promote Community Building through networking events and workshops.

Customisable workspace along with flexible membership options.

Integration of Technology and Digitalisation in our centres.

Showing excellence in financial and operational performance.

Risk

The company has substantial indebtedness which requires significant cash flows to service, and limits its ability to operate freely.

There are certain errors noticed in its notes to the audited financial statements for the Fiscal 2024, 2023 and 2022 which does not requires any corrective adjustment in the financial information. Any penalty or action taken by any regulatory authorizes for such erroneous disclosure may lead to penal action against the Company under the provisions of the Companies Act, 2013 for an amount of Rs. 10,000 and in case of continuing contravention of provisions of the Companies Act, 2013, with a further penalty of Rs. 1,000 each day subject to a maximum of Rs. 2,00,000 in case of a company and Rs. 50,000 in case of officer in default.

Its may be unable to successfully grow the company business in new geographies in India and to realize the anticipated growth opportunities from such expansion of co-working spaces, which may adversely affect its business prospects, results of operations, financial condition and cash flows.

Strategy

Expand the scale of our operations using our market expertise and learnings.

Brand Building through standardisation of services provided and uniform aesthetic designs for our centres.

Maintaining capital efficiency through our hybrid model.

Diversifying business operations through establishing centers in other metro, tier 1 & 2 cities including centers with 125-175 seating capacity.

Focus on expanding and strengthening our relationships with existing clients as well as catering to new customers.

How To Apply for Nukleus Office Solutions Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Nukleus Office Solutions Ltd IPO?

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Nukleus Office Solutions Ltd's IPO offers shares for up to 31.7 It begins on Feb 24, 2025 and ends on Feb 27, 2025.

What is the price of the Nukleus Office Solutions Ltd IPO?

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The price of Nukleus Office Solutions Ltd IPO ranges between NA to NA per share.

What are the open and close dates for the Nukleus Office Solutions Ltd IPO?

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The Nukleus Office Solutions Ltd IPO opens on Feb 24, 2025 and closes on Feb 27, 2025.

When will the Nukleus Office Solutions Ltd IPO be allotted?

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The allotment for the Nukleus Office Solutions Ltd IPO will be finalised on Feb 28, 2025. The shares will be listed on BSE and NSE on Mar 4, 2025.

What is the minimum lot size required for Nukleus Office Solutions Ltd IPO?

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The minimum lot size for Nukleus Office Solutions Ltd IPO is 600 shares, priced between NA to NA per share.

What is the GMP of Nukleus Office Solutions Ltd IPO?

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The GMP (Grey Market Premium) of Nukleus Office Solutions Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Nukleus Office Solutions Ltd IPO?

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To check the allotment status of Nukleus Office Solutions Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Nukleus Office Solutions Ltd IPO getting listed?

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The Nukleus Office Solutions Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Feb 24, 2025, and closes on Feb 27, 2025. The allotment is finalised on Feb 28, 2025.

How do you apply for the Nukleus Office Solutions Ltd IPO?

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To apply for the Nukleus Office Solutions Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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