Nukleus Office Solutions IPO Details

Fixed Price IPO | ₹32 Cr | Listed at BSE SME | Mon, Feb 24, 2025 - Thu, Feb 27, 2025

Nukleus Office Solutions IPO Logo

Nukleus Office Solutions IPO is a fixed price issue of ₹31.70 crores. The issue is entirely a fresh issue of 0.14 crore shares of ₹31.70 crore.

Nukleus Office Solutions IPO bidding started from Feb 24, 2025 and ended on Feb 27, 2025. The allotment for Nukleus Office Solutions IPO was finalized on Feb 28, 2025. The shares got listed on BSE SME on Mar 4, 2025.

Nukleus Office Solutions IPO price is ₹234 per share. The lot size for an application is 600. The minimum amount of investment required by an individual investor (retail) is ₹1,40,400 (600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (1,200 shares), amounting to ₹2,80,800.

Sundae Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd..

Refer to Nukleus Office Solutions IPO RHP for detailed Information.

IPO Open

Mon, Feb 24, 2025

IPO Close

Thu, Feb 27, 2025

Issue Price

₹234 per share

Market Cap (Pre-IPO)

₹94.35 Cr

IPO Details

IPO Date24 to 27 Feb, 2025
Listed onTue, Mar 4, 2025
Face Value10 per share
Issue Price₹234 per share
Lot Size600 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size13,54,800 shares
(agg. up to ₹32 Cr)
Reserved for Market Maker
53,400 shares
(agg. up to ₹1 Cr)
Nikunj Stock Brokers Ltd.
Reserved for Private Promoter2,89,800 shares
(agg. up to ₹7 Cr)
Fresh Issue
(Ex Market Maker)
10,11,600 shares
(agg. up to ₹24 Cr)
Net Offered to Public10,11,600 shares
(agg. up to ₹24 Cr)
Share Holding Pre Issue26,77,200 shares
Share Holding Post Issue40,32,000 shares
BSE Script Code 544370
ISININE0VYX01018

IPO Timetable

Issue Reservation

Nukleus Office Solutions IPO comprises a total issue size of 10,65,000 shares. The net offer to the public is 7,21,800 shares, after excluding 3,43,200 shares allotted on a firm basis. Of the Net offer 5,05,800 (50.00%) allocated to NII 5,05,800 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 5,05,80050.00%47.49%
Retail Shares Offered 5,05,80050.00%47.49%
Firm Reservations
Market Maker Shares Offered 53,4005.01%
Private Promoter Shares Offered 2,89,80027.21%
Total Shares Offered 10,65,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 600 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 600 ₹1,40,400
Retail (Max) 1 600 ₹1,40,400
HNI (Min) 2 1,200 ₹2,80,800
IPO Subscription Details

About Nukleus Office Solutions Ltd.

Incorporated in December 2019, Nukleus Office Solutions Limited offers co-working and managed office spaces in Delhi NCR, featuring furnished and flexible workspaces like dedicated desks, private cabins, meeting rooms, startup zones, and virtual offices. 

The company offers various office solutions for startups, SMEs, large enterprises, professionals, and entrepreneurs. They provide fully serviced workspaces for 50-500 seat enterprises.

As of December 31, 2024, the company operated 7 flexible workspaces and 4 Managed Offices in the Delhi NCR, providing 2,796 total seats with 88.48% occupancy.

As of December 31, 2024, the company had a total of 30 employees in various departments.

Competitive Strength

  • Efficient management, flexibility, and high-quality service create a proven record for managing co-working and office spaces effectively.
  • Customisable workspace along with flexible membership options
  • Hybrid model catering to diverse demand
  • Infrastructural development and integration of new technology in our centres.
  • Experienced Promoters and efficient Management Team

Company Financials (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets29.3719.367.363.27
Total Income21.3617.1610.903.42
Profit After Tax1.511.200.670.11
NET Worth8.714.201.000.33
Reserves and Surplus6.031.680.840.17
Total Borrowing13.588.221.83
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Capital expenditure and security deposit towards establishment of new centres 21.98
2 Building up technology platform, integration of all centres, online client interaction and mobile application 0.34
3 Advertisement expenses towards enhancing the visibility of the brand 0.50
4 General Corporate Purposes 5.88
Total 28.69

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)4.475.00
P/E (x)52.3346.82
Promoter Holding99.98%68.28%
Market Cap94.35 Cr.
The Promoters of the Company are Nipun Gupta and Puja Gupta.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2024 available in RHP.

IPO Review

[Dilip Davda]
The company is engaged in the business of providing co-working and managed office space. It posted growth in its top and bottom lines. The company is operating in a highly competitive and fragmented segment. Based on its recent financial performance, the issue appears aggressively priced. Small paid up equity capital post IPO indicates longer gestation period for migration. Well-informed investors may park moderate funds for medium to long term.
Read detail review...

Nukleus Office Solutions IPO Recommendations

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Brokers0100
Members0000

Nukleus Office Solutions IPO Subscription Status (Bidding Detail)

The Nukleus Office Solutions IPO is subscribed 1.29 times on February 27, 2025 6:07:53 PM (Day 3). The public issue subscribed 1.7 times in the retail category, [.] times in the QIB category, and 0.87 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
NII*0.875,05,8004,39,8000
Retail1.75,05,8008,61,6000
Total1.2910,11,60013,01,4001,602

Total Application : 1,602

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Lead manager fees including underwriting commission paid to underwriters 1.03
2 Brokerage, selling commission and upload fees 0.12
3 Registrars to the issue 0.05
4 Legal Advisors 0.04
5 Advertising and marketing expenses 0.96
6 Regulators including stock exchanges 0.29
7 Printing and distribution of issue stationary 0.09
8 Others, if any (market making, depositories, marketing fees, secretarial, consultancy, peer review auditors, etc.) 0.43

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price234.00
Open187.20
Low177.90
High196.55
Last Trade196.55

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Nukleus Office Solutions Ltd. Address
1102, Barakhamba Tower
22 Barakhamba Road, Connaught Place
New Delhi - 110001
New Delhi, New Delhi
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IPO FAQs

Nukleus Office Solutions IPO is a SME IPO of 13,54,800 equity shares of the face value of ₹10 aggregating up to ₹32 Crores. The issue is priced at ₹234 per share. The minimum order quantity is 600.

The IPO opens on Mon, Feb 24, 2025, and closes on Thu, Feb 27, 2025.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Nukleus Office Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Nukleus Office Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Nukleus Office Solutions IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Nukleus Office Solutions IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

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

Nukleus Office Solutions IPO lot size is 600, and the minimum amount required for application is ₹1,40,400.

You can apply in Nukleus Office Solutions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Nukleus Office Solutions IPO will be done on Friday, February 28, 2025, and the allotted shares will be credited to your demat account by Mon, Mar 3, 2025. Check the Nukleus Office Solutions IPO allotment status.

The Nukleus Office Solutions IPO listing date is on Tue, Mar 4, 2025.

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