Nukleus Office Solutions Limited SME IPO Opens on 24th February, 2025
by Prashant Kapadia/NHN
● Total Issue Size Issue of 13,54,800* Equity Shares aggregating up to ₹ 3,170.23 Lakhs
● Fresh Issue Size- 10,65,000 Equity Shares of Face Value ₹ 10 each aggregating up to ₹ 2,492.10 Lakhs
● Promoter’s Contribution- Issue of up to 2,89,800^ Equity Shares aggregating up to ₹ 678.13 Lakhs
● Share Price – Rs.234 Per Share
● Lot Size 600 Equity Shares and in Multiples thereof
Subject to finalisation of basis of allotment^ The amount of ₹ 678.13 lakhs has been received from the Promoters of our Company in a separate bank account on February 17, 2025 and will be released to the Company after receipt of listing and trading approval from the Stock Exchange.
National, 21 st February 2025,Nukleus Office Solutions Limited has announced its plan to go public with an Initial Public Offering (IPO) on 24th February, 2025 Aiming to raise up to Rs.3, 170.23 Lakhs with shares to be listed on the BSE SME platform.
● Fresh Issue Size- 10,65,000 Equity Shares of Face Value ₹ 10 each aggregating up to ₹ 2,492.10 Lakhs
● Promoter’s Contribution- Issue of up to 2,89,800^ Equity Shares aggregating up to ₹ 678.13 Lakhs
Nukleus Office Solutions Limited (NOSL), 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. presently in Delhi NCR region with plans to grow PAN India. Their range of office solutions cater to diverse range of occupants including startups, SMEs, large enterprises, professionals, and entrepreneurs. They also offer fully serviced and managed workspace solution for enterprises ranging from 50-500 seats.
As of December 31, 2024, they have 7 centres in Delhi NCR region with flexible workspaces and also manage 4 Managed Offices with an aggregate of 2,796 total seats.
Details of the issue:
• Promotors’ Contribution : 2,89,800 Equity Shares
• Market Maker Quota : 53,400 Equity shares (5% of the Issue)
• Retail Quota : 50% of the Net Issue (50% of the Net Issue)
• Other than Retail Quota : 50% of the Net Issue (50% of the Net Issue)
• Issue Price : Rs.234
• Lot Size (Retail) : 600 Shares
• Lot Size (HNIs) : 1200 shares
• IPO Size (at Issue price) : 13,54,800 shares (aggregating up to Rs. 3,170.23 Lakhs)
• Pre-Issue No. of Shares : 26,77,200 shares
• Post Issue No. of Shares : 40,32,000 Shares
• Issue Opens on : Monday February 24, 2025
• Issue Closes on : Thursday, February 27 , 2025
• Tentative Listing Date : Tuesday, March 4 ,2025
The issue (excluding promoter’s contribution) and the net issue shall constitute 26.42% and 25.09% respectively, of the Post –issue paid-up equity share capital of the company
Objects of the Issue (Nukleus Office Solutions IPO Objectives)The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
1. Capital expenditure and security deposit towards the establishment of new centres;
2. Building up technology platform, integration of all centres, online client interaction and mobile application;
3. Advertisement expenses towards enhancing the visibility of our brand and
4. General corporate purposes
Sundae Capital Advisors Private Limited is the Lead Manager to the Issue and Bigshare Services Private Limited is the Registrar to the Issue. The Market Maker for Nukleus Office Solutions Limited is Nikunj Stock Brokers Limited.
Mr. Nipun Gupta, MD Nekleus Office Solutions Ltd, said “We are delighted to announce Our upcoming IPO on BSE SME Platform. We wish to be the premier choice for individuals and businesses seeking flexible, affordable and accessible office solutions PAN India region. We look forward to a great future of the company”.
Nukleus Office Solutions Limited : The Company was founded by Mr. Nipun Gupta, who has 25 years of experience in the real estate industry. Since our establishment in 2019, has steadily grown by opening new centres and providing a wider range of managed office solutions. Their commitment aims to provide quality services and meet the evolving needs of their clients. We remain dedicated to our journey of growth and serving our clients with improving work environment with technological developments happening in the industry. By strategically locating co-working spaces, they ensure easy commuting and comfort for their clients while also being economical at the same time.They 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. Their range of office solutions cater to diverse range of occupants including startups, SMEs, large enterprises, professionals, and entrepreneurs. They also offer fully serviced and managed workspace solution for enterprises ranging from 50-500 seats. As of December 31, 2024, they have 7 centres in Delhi NCR region with flexible workspaces and also manage 4 Managed Offices with an aggregate of 2,796 total seats.
Financials
Total Revenue in 9M FY 2025 is 2,134.13Lakhs. In FY24 1716.41Lakhs, FY 2023 1089.77, FY22 342.41Lakhs.The EBITDA 9M FY 2025 was ₹ 529.99 Lakhs, FY 2024 – ₹ 327.53 Lakhs, FY 2023- ₹140.24Lakhs, FY 2022 – ₹19.00 Lakhs PAT 9M 2025- ₹151.13 Lakhs, FY2024- ₹119.72 Lakhs, and FY2023- ₹67.27 lakhs & FY 2022- ₹ 10.64 lakhs