Nukleus Office Solutions IPO Day 1: Latest GMP, Subscription Status, Offer Size And More
Nukleus Office Solutions provides co-working solutions in Delhi NCR. It caters to startups, large companies, SMEs and entrepreneurs, offering fully serviced workspaces for 50-500-seat enterprises.
Nukleus Office Solutions Ltd. launched its initial public offer to raise nearly Rs 32 crore from the primary market on Monday. The company provides co-working solutions in Delhi NCR. Those who want to bid for shares in this BSE SME offer must check out these key details before making an investment decision.
Nukleus Office Solutions IPO: Key Details
Nukleus Office Solutions IPO comprises a fresh issue of 13.55 lakh shares offered at a fixed price of Rs 234 at a face value of Rs 10 apiece. The total offer size of the IPO is valued at Rs 31.7 crore.
The company has reserved 50% of the offer size for retail investors whereas the remaining half has been kept aside for other investors.
Retail investors are required to apply for a minimum of 600 shares in Nukleus Office Solutions IPO, taking the investment amount to Rs 1,40,400.
The subscription window for Nukleus Office Solutions IPO will be open from Feb. 24 to Feb. 27. Allotment of shares in the SME offer is proposed to be finalised on Feb. 28. Nukleus Office Solutions Ltd. shares are expected to be listed on the BSE SME platform on Mar. 4.
Sundae Capital AdvisorsPvt. is the book-running lead manager of the Nukleus Office Solutions IPO whereas Bigshare Services Pvt. is its registrar. Nikunj Stock Brokers Ltd. is the market maker for this SME issue.
Nukleus Office Solutions Subscription Status: Day 1
*The subscription status will be updated soon
Nukleus Office Solutions IPO GMP Today
The grey market premium for the Nukleus Office Solutions IPO stood at Rs 0 as of 7:54 a.m. on Feb. 24. If the current GMP trends are sustained till the listing date, shares of Nukleus Office Solutions are likely to make a flat market debut, according to InvestorGain.
Note: GMP does not represent official data and is based on speculation.
Nukleus Office Solutions: Business and Financials
Nukleus Office Solutions Ltd. provides co-working solutions in Delhi NCR. It caters to startups, large companies, SMEs and entrepreneurs, offering fully serviced workspaces for 50-500-seat enterprises.
As of December 2024, the company operated 7 flexible workspaces and 4 Managed Offices with a total seating capacity of 2,796.
Use of Proceeds
The company will use proceeds from the IPO for capital expenditure and as a security deposit for building new centres. The proceeds will help in advertising, creating the technology platform, and general corporate purposes.
Financials
The company’s revenue increased by 57% to Rs 17.16 crore in FY24 from Rs 10.9 crore in FY23. Net profit nearly doubled to Rs 1.2 crore from Rs 67 lakh in FY23. For the first nine months of FY25, Nukleus Office Solutions' revenue stood at Rs 21.36 crore with a net profit of Rs 1.51 crore.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
