Nukleus Office Solutions made a disappointing debut on the BSE SME on March 4, 2025, listing at ₹187.20 per share -20% below its issue price of ₹234. The listing fell short of grey market expectations, where the stock had been trading flat at ₹234.
Nukleus Office Solutions IPO Lists
| Listing Date | 04 Mar |
| Issue Price | ₹234 |
| Listing Price | ₹187 |
| Listing Gains | 20.00% |
| Subscription | 1.29x |
The IPO, open from February 24-27, comprised a fresh issue of 1.35 million shares, raising ₹31.70 crore. It received a lukewarm response, with an oversubscription of 1.29 times. Allotments were finalized on February 28.
The company plans to use IPO proceeds for capital expenditure, technology integration, new center establishments, advertising, and general corporate purposes.
Bigshare Services handled IPO registration, while Sundae Capital Advisors was the sole book-running lead manager.
About Nukleus Office Solutions
Nukleus Office Solutions, founded in 2019 by Nipun Gupta, offers co-working and managed office spaces in Delhi NCR. Catering to startups, SMEs, and large enterprises, the company provides fully furnished workspaces, dedicated desks, and private cabins. As of December 31, 2024, it operates 7 flexible workspace centers and 4 managed offices with 2,796 seats at an 88.48% occupancy rate. Nukleus aims to expand by integrating new technologies, ensuring prime locations, and maintaining affordability.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors are requested to verify facts themselves and seek advice from a financial advisor before making any investment decision.
