Workmates Core2Cloud Solution IPO
Workmates Core2Cloud Solution is a BSE SME IPO listed on the BSE SME platform, priced at ₹200–₹204 per share. The stock debuted at ₹387.6, delivering a listing gain of 90.0%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹2,44,800.
Workmates Core2Cloud Solution Limited IPO
- IPO Dates
- Nov 11, 2025 – Nov 13, 2025
- Price band
- ₹200-204 per equity share
- Minimum Investment
- ₹2,44,800
- Issue size
- ₹69.84 Cr
- Lot size
- 600
- Allotment Date
- Nov 14, 2025
- Listing
- Nov 18, 2025
- Listing At
- BSE SME
IPO timeline
-
Nov 11, 2025
Open Date
Completed
-
Nov 13, 2025
Close Date
Completed
-
Nov 14, 2025
Allotment Date
Completed
-
Nov 18, 2025
Listing Date
Completed
Workmates Core2Cloud Solution IPO Subscription Details
View Subscription DetailsWorkmates Core2Cloud Solution IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Workmates Core2Cloud Solution IPO Essentials
Workmates Core2Cloud Solution IPO Details
Workmates Core2Cloud Solution IPO is priced at ₹200-204 per share with a total issue size of 69.84 crore. The IPO has a lot size of 600 shares and is listed on BSE SME.
- Issue price
- ₹200-204 per equity share
- Lot size
- 600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 34,23,600 shares(aggregating up to ₹69.84 Cr)
- Total issue size
- 34,23,600 shares
(aggregating up to ₹69.84 crore) - Fresh issue
- 29,08,800 shares
(aggregating up to ₹59.34 crore) - Offer for sale (OFS)
- 5,14,800 shares
(aggregating up to ₹10.5 crore) - Listing at
- BSE SME
- List price
- 387.6
- Listing date
- Registrar
- MUFG Intime India Pvt.Ltd
- Lead manager
-
Horizon Financial Pvt.Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 1200 | ₹244800 |
| Individual(max) | 2 | 1200 | ₹244800 |
| sHNI(min) | 3 | 1800 | ₹367200 |
| sHNI(max) | 8 | 4800 | ₹979200 |
| sHNI(min) | 9 | 5400 | ₹1101600 |
Workmates Core2Cloud Solution IPO Reservation
Workmates Core2Cloud Solution IPO reservation details show category-wise allocation of shares. Out of the total 34,23,600 shares, approximately 19.35% are reserved for QIB, 14.3% for NII, 33.3% for retail investors, 5.01% for market maker, and 28.04% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 9,60,000 (28.04%) | |
| Market Maker Shares Offered | 1,71,600 (5.01%) | |
| QIB Shares Offered | 6,62,400 (19.35%) | |
| NII (HNI) Shares Offered | 4,89,600 (14.3%) | |
| bHNI > ₹10L | 3,26,400 (9.53%) | 181 |
| sHNI < ₹10L | 1,63,200 (4.77%) | 91 |
| Individual Shares Offered | 11,40,000 (33.3%) | 950 |
| Total Shares Offered | 34,23,600 (100%) |
Workmates Core2Cloud Solution IPO Analytics
Workmates Core2Cloud Solution IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Workmates Core2Cloud Solution IPO Subscription Status
Workmates Core2Cloud Solution IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 141.45x, indicating strong demand across investor categories.
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 6,62,400 / 4,89,600 | 11,40,000 | 22,92,000 |
|
Day 1
11-11-25 06:00 PM
|
(0.00 / 3.63) x | 1.72 x | 1.63 x |
|
Day 2
12-11-25 06:00 PM
|
(1.48 / 13.58) x | 10.19 x | 8.40 x |
|
Day 3
13-11-25 06:00 PM
|
(147.03 / 203.31) x | 111.64 x | 141.45 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 129475 (Approx) | 75.04x | 106.62x | 111.64x |
Workmates Core2Cloud Solution Valuations
Earnings
- EPS Pre IPO
- ₹13.91/-
- EPS Post IPO
- ₹13.41/-
- P/E Pre IPO
- 14.66
- P/E Post IPO
- 15.21
Returns
- ROE
- 67.44%
- ROCE
- 64.61%
- RoNW
- 60.85%
- PAT Margin
- 12.85%
Fundamentals
- Debt / Equity
- 0.38
- Price / Book
- 8.92
- Market Cap
- 263.54 Cr.
Workmates Core2Cloud Solution Financials( In Crs.)
| 31-Aug-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 69.44 | 62.16 | 24.57 | 11.14 |
| Revenue | 59.55 | 108.39 | 53.53 | 29.14 |
| Profit After Tax | 7.22 | 13.93 | 5.35 | 1.86 |
| Net Worth | 30.10 | 22.89 | 8.96 | 3.61 |
| Reserves & Surplus | 20.09 | 22.88 | 8.95 | 3.60 |
| Total Borrowing | 8.68 | 8.79 | N/A | N/A |
Workmates Core2Cloud Solution Company & Offer Insights
About Workmates Core2Cloud Solution
Workmates Core2Cloud Solution Limited, a Kolkata-based AWS Premier Consulting Partner, has earned its name for scalable and innovative cloud solutions across India. It has grown rapidly since its inception in 2018 and has successfully completed over 350 projects for more than 200 clients across industries like finance, healthcare, retail, e-commerce, and media.
Workmates Core2Cloud specialises in a comprehensive range of cloud services:
Cloud Migration & Managed Services: Seamless transition and management of applications on AWS, ensuring optimized performance and cost-efficiency.
DevOps & Automation: Implementation of CI/CD pipelines and infrastructure automation using tools like AWS CloudFormation.
Cybersecurity & Analytics: Robust security solutions for cloud and hybrid environments, coupled with data analytics services.
SAP Infrastructure Support: Expertise in migrating and managing SAP workloads on AWS.
Emerging Technologies: Services include IoT, Blockchain, AI/ML, VR, and AR.
As of March 31, 2025, the company had a total strength of 129 in various departments.
Workmates Core2Cloud Solution Promoter(s)
Debasish Sarkar, Prajnashree Mohapatra, Shilpa Mohta, Anindya Sen, Anjali Awasthi, Anirban Dasgupta, Kamal Nath are the company's promoters of Workmates Core2Cloud Solution.
Workmates Core2Cloud Solution IPO Issue Objectives
- •
- Prepayment or repayment of secured loan availed by the Company from Banks / Financial Institutions
- •
- Funding of Working Capital requirement of the company.
- •
- General Corporate Purposes
Contact Information
Contact Details
Workmates Core2Cloud Solution
+91 33 450 8492
http://www.cloudworkmates.com/
Flat 7, 3rd Floor, 3A Rammohan Mullick Garden Lane Kolkata, West Bengal, 700010
Registrar Contact Details
MUFG Intime India Private Limited (Link Intime)
+91-22-4918 6270
Frequently Asked Questions
Click any question to reveal the answer
Workmates Core2Cloud Solution IPO is a book-built IPO worth ₹69.84 crore. The price band is ₹200–₹204 per share. The IPO opens on Nov 11, 2025 and closes on Nov 13, 2025. It will be listed on BSE SME Platform. MUFG Intime India Pvt. Ltd. is the registrar.
The price band of Workmates Core2Cloud Solution IPO is ₹200 to ₹204 per share.
The lot size of Workmates Core2Cloud Solution IPO is 600 shares.
The minimum investment for Workmates Core2Cloud Solution IPO is approximately ₹2,44,800 based on the upper price band .
Workmates Core2Cloud Solution IPO opens on Nov 11, 2025 and closes on Nov 13, 2025.
The allotment date of Workmates Core2Cloud Solution IPO is Nov 14, 2025.
Workmates Core2Cloud Solution IPO is expected to be listed on Nov 18, 2025, on BSE SME Platform.
Workmates Core2Cloud Solution IPO valuation snapshot: P/E 15.21, EPS ₹13.41/-, P/B 8.92, RoNW 60.85%, and market cap 263.54 Cr.
To apply for Workmates Core2Cloud Solution IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Workmates Core2Cloud Solution IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Workmates Core2Cloud Solution IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Workmates Core2Cloud Solution IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Workmates Core2Cloud Solution IPO allotment status on IPO Ji for quick and easy access.