- 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 – 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 : 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:
- Capital expenditure and security deposit towards the establishment of new centres;
- Building up technology platform, integration of all centres, online client interaction and mobile application;
- Advertisement expenses towards enhancing the visibility of our brand and
- 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 respectively.
Disclaimer: Nukleus Office Solutions Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed the Prospectus with the Registrar of Companies, NCT Delhi and Haryana on February 18, 2025 and thereafter with SEBI and the Stock Exchange. The Prospectus is available on the website of SME BSE at https://www.bsesme.com/PublicIssues/SMEIPODRHP and is available on the websites of the Lead Manager at www.sundaecapital.com. Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the Prospectus including the section titled “Risk Factors” on page 25 of the Prospectus.
The Equity Shares have not been, and will not be, registered under the U.S. Securities Act 1933, as amended (the “Securities Act”) or any state securities laws in the United States and may not be offered or sold within the United States or to, or for the account or benefit of, “U.S. persons” (as defined in Regulation S under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the Equity Shares will be offered and sold outside the United States in compliance with Regulation S of the Securities Act and the applicable laws of the jurisdiction where those offers and sales occur. The Equity Shares have not been, and will not be, registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Bids may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction.
Further, each Applicant where required agrees that such Applicant will not sell or transfer any Equity Shares or create any economic interest therein, including any off-shore derivative instruments, such as participatory notes, issued against the Equity Shares or any similar security, other than pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with applicable laws and legislations in each jurisdiction, including India.