Nukleus Office Solutions Ltd IPO
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Nukleus Office Solutions Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 13.55 L | TBA | ₹ 5.06 L | ₹ 25.17 L | BSE | TBA |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 24 Feb, 25 | 27 Feb, 25 | 600 | TBA | Fixed Price - SME | 04 Mar, 25 |
Nukleus Office Solutions Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 505800 | 0 |
| Retail | 0x | 505800 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 1354800 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Nukleus Office Solutions Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 3.08 | 1.40 | 0.19 |
| EBITDA | 4.56 | 1.90 | 0.24 |
| PAT | 1.20 | 0.67 | 0.11 |
| Total Assets | 9.29 | 3.34 | 2.56 |
| Share Capital | 2.52 | 0.16 | 0.16 |
| Total Borrowings | 2.47 | 2.13 | 1.99 |
| Operating Activities (Net Cash) | 2.68 | 1.17 | 0.16 |
| Investing Activities (Net Cash) | -2.05 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 2.47 | 2.13 | 1.99 |
| Net Cashflow | 5.82 | 0.05 | 0.05 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
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 IPO 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
- We have substantial indebtedness which requires significant cash flows to service, and limits our ability to operate freely.
- There are certain errors noticed in our notes to the audited financial statements for the Fiscal 2024, 2023 and 2022 which do not require 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 our 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.
- We may be unable to successfully grow our business in new geographies in India and to realize the anticipated growth opportunities from such expansion of co-working spaces, which may adversely affect our 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.
- 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.
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.
