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Nukleus Office Solutions IPO

Listed SME BSE SME

Price Band

₹

Issue Size

₹31.7 Cr

Lot Size

600 shares

Min Investment

₹140,400

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹234.0

Nukleus Office Solutions IPO AI Summary

  • Nukleus Office Solutions IPO is listed on BSE SME.
  • Subscription window: 24 Feb–27 Feb 2025, listing on 04 Mar 2025.

Nukleus Office Solutions Limited offers flexible workspace solutions in Delhi NCR, with a strong occupancy rate and growth in revenue and profits over recent periods. The company is looking to raise funds for expansion and technology development through its upcoming IPO.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Nukleus Office Solutions IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 27 Feb 2025 — not a current signal.

May Apply 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Mon, 24 Feb 2025
IPO Close Date
Thu, 27 Feb 2025
Allotment Date
Fri, 28 Feb 2025
Refund Initiation
Mon, 03 Mar 2025
Credit of Shares
Mon, 03 Mar 2025
Listing Date
Tue, 04 Mar 2025
Listing Price
₹234.0 +0.0%

Subscription Status

Subscription data unavailable

Nukleus Office Solutions IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

About the Company

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 (₹ Cr)

As of 2024-12-31

Period Ended 31 Dec 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 29.37 19.36 7.36 3.27
Total Income 21.36 17.16 10.90 3.42
Profit After Tax 1.51 1.20 0.67 0.11
NET Worth 8.71 4.20 1.00 0.33
Reserves and Surplus 6.03 1.68 0.84 0.17
Total Borrowing 13.58 8.22 1.83

Key Ratios

EPS

₹4.47

NAV

₹16.66

ROE

46.09%

ROCE

14.39%

RoNW

46.09%

P/B Value

11.87

P/E Ratio

52.33

Market Cap

₹94.35 Cr

PAT Margin

6.99%

Debt/Equity

1.96

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
EFC (India) Limited 86.65 21.4% 42.23 14.06 14.06
Kontor Space Limited 35.63 14.61% 30.41 3.15 4.02
Awfis Space Solutions Limited 130.09 — — — —
Nukleus Office Solutions Limited This IPO 19.71 46.09% 11.87 19.71 19.71

Promoters

Nipun Gupta and Puja Gupta

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 22.96 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 5 Issue Expenses 3.01 Total 32.69

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹3.42 Cr in the period ending 31 Mar 2022, increasing to ₹10.90 Cr by 31 Mar 2023, and further rising to ₹17.16 Cr by 31 Mar 2024. By the latest period ending 31 Dec 2024, total income reached ₹21.36 Cr.

Profit Trend

Profit after tax was ₹0.11 Cr in the period ending 31 Mar 2022, which grew to ₹0.67 Cr by 31 Mar 2023. This continued to rise to ₹1.20 Cr by 31 Mar 2024, and reached ₹1.51 Cr by 31 Dec 2024.

Valuation

At the issue price of ₹234.0, Nukleus Office Solutions has an implied P/E of 52.33, compared to peers trading at a P/E range of approximately 30.41 to 42.23.

Grey Market Premium, Explained

The grey market refers to the unofficial market where shares of an IPO are bought and sold before they are officially listed. The grey market premium (GMP) indicates the expected listing price compared to the IPO price, reflecting market sentiment.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's growth potential and market conditions.

Who May Want to Wait

Investors who prefer stable, low-risk investments may want to avoid IPOs like this, which can be subject to market fluctuations and uncertainties in growth.

Listing Gains — The Risk

Listing-day gains can be unpredictable. Factors such as market conditions, investor sentiment, and company performance can influence the stock price on the day of listing. It's important to be aware that gains are not guaranteed.

This evaluation is generated from Nukleus Office Solutions's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

When does Nukleus Office Solutions IPO open and close?

Nukleus Office Solutions IPO opens on 24 February 2025 and closes on 27 February 2025.

When does Nukleus Office Solutions IPO list on the stock exchange?

Nukleus Office Solutions IPO listed on 04 March 2025 at ₹234.0.

What is the lot size for Nukleus Office Solutions IPO?

The lot size for Nukleus Office Solutions IPO is 600 shares, requiring a minimum investment of ₹140,400.

What is the lot size for this IPO?

The lot size for Nukleus Office Solutions IPO is 600 shares.

What is the minimum investment required?

The minimum investment required is ₹140,400.

What is the issue price of the IPO?

The issue price of the IPO is ₹234.0.

When does the IPO open and close?

The IPO opens on February 24, 2025, and closes on February 27, 2025.

When is the listing date for the IPO?

The listing date for the IPO is March 4, 2025.

Issue Details

Issue Type SME Book Built
Issue Size ₹31.7 Cr
Price Band ₹ (Fixed)
Issue Price ₹234.0
Lot Size 600 shares
Min Investment ₹140,400
Exchange BSE SME
Sector —
Open Date 24 Feb 2025
Close Date 27 Feb 2025
Allotment 28 Feb 2025
Listing Date 04 Mar 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

Sundae Capital Advisors Pvt.Ltd.

IPO Timeline

Open

24 Feb 2025

Close

27 Feb 2025

Allotment

28 Feb 2025

Listing

04 Mar 2025

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