Nukleus Office Solutions Ltd
Nukleus Office Solutions Ltd, a leading provider of co-working and managed office spaces in the Delhi NCR region, is set to launch its Initial Public Offering (IPO) on February 24, 2025. The company aims to raise ₹31.70 crores through this IPO, offering 13,54,800 equity shares at a fixed price of ₹234 per share.
Company Overview
Founded in 2019, Nukleus Office Solutions Ltd provides fully furnished and flexible workspaces catering to startups, SMEs, large enterprises, professionals, and entrepreneurs. Their offerings include dedicated desks, private cabins, meeting rooms, startup zones, and virtual offices. As of December 31, 2024, the company operates seven centers and manages four additional offices, boasting a total capacity of 2,796 seats with an impressive occupancy rate of 88.48%.
IPO Timeline
- IPO Opens: February 24, 2025
- IPO Closes: February 27, 2025
- Allotment Date: February 28, 2025
- Refunds Initiation: March 1, 2025
- Demat Account Credit: March 3, 2025
- Listing Date on BSE SME: March 4, 2025
Price Band and Lot Size
- Issue Price: ₹234 per equity share
- Minimum Lot Size: 600 shares
- Minimum Investment: ₹1,40,400
- Investment Multiples: In lots of 600 shares
Financials
The company has shown significant financial growth over the last three years:
| Financial Year | Revenue (₹ Cr) | Net Profit (₹ Cr) |
|---|---|---|
| FY 2021-22 | 3.41 | 0.11 |
| FY 2022-23 | 10.88 | 0.67 |
| FY 2023-24 | 17.13 | 1.20 |
Strengths
- Strategic Locations: Centers situated in high-demand areas ensure accessibility and convenience.
- Diverse Clientele: Catering to startups, SMEs, and enterprises.
- High Occupancy Rates: An 88.48% occupancy rate demonstrates strong demand.
- Experienced Management: Led by industry experts with deep operational knowledge.
Risks
- Regional Dependence: Operations are concentrated in Delhi NCR, exposing the company to localized market risks.
- Competitive Industry: The co-working space sector has multiple competitors.
- Economic Sensitivity: Demand for office spaces fluctuates based on economic conditions.
IPO Anchor Investors
As of now, anchor investor details have not been disclosed. This information is usually revealed closer to the listing date.
IPO Promoter Holding
| Promoter | Holding Percentage |
| Nipun Gupta | 32.3% |
| Puja Gupta | 61.72% |
IPO Grey Market Premium (GMP)
Currently, there is no available information regarding the Grey Market Premium (GMP) for Nukleus Office Solutions Ltd’s IPO. Investors should monitor reliable sources for updates.
Final Thoughts
Nukleus Office Solutions Ltd’s IPO offers investors an opportunity to participate in the rapidly growing flexible workspace industry. The company has demonstrated strong financial growth, a high occupancy rate, and strategic expansion. However, potential investors should weigh risks, including regional concentration and market competition, before making investment decisions.