Is Nukleus Office Solutions Ltd IPO Halal or Not? If you’re looking for a detailed Shariah compliance analysis, you’re in the right place! In this article, we break down whether Nukleus Office Solutions Ltd IPO meets Shariah Screening guidelines.
Is Nukleus Office Solutions Ltd IPO Halal or Not?
Nukleus Office Solutions Ltd, a service sector company, has undergone a Shariah compliance screening based on key financial and business criteria.
After thorough research and analysis of its financial data, Nukleus Office Solutions Ltd is deemed non-halal and non-Shariah compliant due to its high interest-bearing debt, which stands at 46.25% of total assets, exceeding the 33% threshold set by Shariah screening standards.
While the company’s core business activities and other financial ratios meet compliance requirements, its heavy reliance on interest-based financing makes it impermissible for halal investment.
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Shariah Compliance Analysis of Nukleus Office Solutions Ltd
| Criteria | Value | Status |
| Business Activity | Service | ✅ PASS |
| Impermissible Income to Total Revenue | 0.29% | ✅ PASS |
| Interest-Bearing Debt to Total Assets | 46.25% | ❌ FAIL |
| Illiquid Assets to Total Assets Ratio | 32.23% | ✅ PASS |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | Less than 33% (Compliant) | ✅ PASS |
Listing Details of Nukleus Office Solutions Ltd IPO
| IPO Opening Date | Monday, February 24, 2025 |
| IPO Closing Date | Thrusday, February 27, 2025 |
| Expected Allotment Date | Friday, February 28, 2025 |
| Refund Initiation | Monday, March 3, 2025 |
| Shares Credited to Demat | Monday, March 3, 2025 |
| Expected Listing Date | Tuesday, March 4, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on February 27, 2025 |
Business Overview of Nukleus Office Solutions Ltd.
Nukleus Office Solutions Limited was incorporated in December 2019 and specializes in providing co-working and managed office spaces in the Delhi NCR region. The company offers fully furnished, flexible workspaces, including dedicated desks, private cabins, meeting rooms, startup zones, and virtual offices, catering to businesses of all sizes.
With a focus on modern infrastructure and convenience, Nukleus aims to create dynamic work environments that support startups, freelancers, and enterprises. Its strategic locations and flexible solutions make it a preferred choice for professionals seeking efficient and collaborative office spaces.
Nukleus Office Solutions Ltd. Financial Information (Restated)
| Category | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | ₹ 29.37 Cr | ₹ 19.36 Cr | ₹ 7.36 Cr | ₹ 3.27 |
| Revenue | ₹ 21.36 Cr | ₹ 17.16 Cr | ₹ 10.9 Cr | ₹ 3.42 |
| Profit After Tax | ₹ 1.51 Cr | ₹ 1.2 Cr | ₹ 0.67 Cr | ₹ 0.11 |
| Net Worth | ₹ 8.71 Cr | ₹ 4.2 Cr | ₹ 1 Cr | ₹ 0.33 |
| Reserves & Surplus | ₹ 6.03 Cr | ₹ 1.68 Cr | ₹ 0.84 Cr | ₹ 0.17 |
| Total Borrowing | ₹ 13.58 Cr | ₹ 8.22 | ₹ 1.83 Cr |
Conclusion
Based on the screening Process, Nukleus Office Solutions Ltd IPO appears to be Not Halal and Non-Shariah Compliant (Allah Knows the Best) as it does not meet all major shariah screening guidelines. However, investors should conduct their own due diligence and review the company’s financials periodically for any changes in compliance.
Disclaimer: The information on Halalfinance.co.in is for educational and informational purposes only and not financial advice. We are not liable for any investment decisions you make; always consult a financial advisor before investing.
Hasan is the founder of HalalFinance.co.in, created after personally struggling to find reliable answers about halal investing in stocks. With a finance background and a passion for helping the Muslim community, He now shares well-researched, transparent, and authentic content to empower Muslims on their path to halal wealth-building.