If you’re searching ‘Is Nukleus Office Solutions Limited IPO Halal or Not?‘, then you’re in the right place! In this article, we conduct a detailed Shariah screening of Nukleus Office Solutions Limited IPO to determine whether it qualifies as a Halal investment. Our Screening Process follows globally accepted Islamic screening standards, including Darul Uloom Deoband’s guidelines.
Is Nukleus Office Solutions Limited IPO Halal or Not?
After extensive analysis, the Nukleus Office Solutions Ltd IPO is found to be Not 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.
Why is Nukleus Office Solutions Limited IPO Not Halal?
While the company’s core business is permissible in Islam, the major issue lies in its interest-bearing debt, which stands at 46.25% of total assets. This exceeds the 33% threshold set by Shariah screening standards, making the investment non-compliant.
Shariah Compliance Analysis of Nukleus Office Solutions Limited
| Criteria | Value | Shariah 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 | ✅ PASS |
| Non-Compliant Investments to Total Assets | Less than 33% | ✅ PASS |
Listing Details of Nukleus Office Solution Limited
| Event | Date |
| IPO Opening Date | Monday, February 24, 2025 |
| IPO Closing Date | Thursday, 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.
Founded in December 2019, Nukleus Office Solutions Ltd specializes in providing co-working and managed office spaces in the Delhi NCR region. The company offers a range of fully furnished and flexible work spaces, including:
- Dedicated desks
- Private cabins
- Meeting rooms
- Startup zones
- Virtual offices
With a focus on modern infrastructure and convenience, Nukleus aims to create a dynamic work environment that supports startups, freelancers, and enterprises.
Financials of Nukleus Office Solutions Ltd.
| Category | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Total Assets | ₹29.37 Cr | ₹19.36 Cr | ₹7.36 Cr | ₹3.27 Cr |
| Total Revenue | ₹21.36 Cr | ₹17.16 Cr | ₹10.9 Cr | ₹3.42 Cr |
| Profit After Tax | ₹1.51 Cr | ₹1.2 Cr | ₹0.67 Cr | ₹0.11 Cr |
| Net Worth | ₹8.71 Cr | ₹4.2 Cr | ₹1 Cr | ₹0.33 Cr |
| Reserves & Surplus | ₹6.03 Cr | ₹1.68 Cr | ₹0.84 Cr | ₹0.17 Cr |
| Total Borrowing | ₹13.58 Cr | ₹8.22 Cr | ₹1.83 Cr | NA |
Conclusion
Based on our detailed Shariah screening process, Nukleus Office Solutions Ltd IPO is NOT HALAL and Non-Shariah Compliant due to its excessive interest-bearing debt exceeding 33% of total assets. (Allah Knows Best)
Disclaimer: The information on HalalScreener.in is for educational and informational purposes only and does not constitute financial advice. Investors should consult a qualified financial advisor before making any investment decisions.