Nukleus Office Solutions IPO : One of the main reasons why investors are less inclined towards this issue is also the weak GMP. According to market analysts, Nukleus Office Solutions IPO GMP in the unlisted market is zero rupees. Nukleus Office Solutions IPO is going to close for subscription on February 27. The shares of the company are likely to be listed on the BSE SME on March 4. The issue did not get much traction from investors on the first two days of subscription.
Nukleus Office Solutions IPO details
The issue, which opened on February 24, was only 42 per cent booked on the first day, of which the retail category was subscribed 61 per cent and the NII category 22 per cent. On the second day of the subscription, the pace slowed down further and by the end of the day, it was only 67 per cent booked. The retail category was subscribed 95 per cent and the QIB category 29 per cent.
The issue is 85 per cent booked till 11 am on the third day of subscription. 118% of retail category and 51% of NII category have been booked so far. Obviously the speed is slow, but it will be fully subscribed by the end of the day. About 50% of the public offering is reserved for qualified institutional buyers and the remaining 50% for others.
Nukleus Office Solutions IPO details GPM
One of the main reasons why investors are less inclined towards this issue is also the weak GMP. According to market analysts, Nukleus Office Solutions IPO GMP in the unlisted market is zero rupees. There is no movement on this issue in the grey market. Nukleus Office Solutions IPO is priced at Rs 234 per share. The minimum lot size with an app is 600 shares. For retail investors, the minimum investment amount is Rs 1,40,400.
Nukleus Office Solutions Business Overview
Nukleus Office Solutions Limited manages co-working and office spaces in Delhi NCR, including furnished and flexible workspaces such as dedicated desks, private cabins, meeting rooms, startup zones and virtual offices. The company will utilise the net proceeds from the issue towards capital expenditure and security deposit for setting up the new centres. It will also build technology platforms, integration of all centres, online client interactions and mobile applications. The proceeds will also be used for advertising expenditure and general corporate purpose to increase the visibility of the brand.
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