Workmates Core2cloud Solution Ltd IPO
Price Range
₹200 - ₹204
-
Min. Quantity
1,200 Shares
Closes on
13 November 2025
-
Min. investment
₹2,44,800
Workmates Core2cloud Solution Ltd IPO Timeline
| Event | Date |
|---|---|
| Workmates Core2cloud Solution Ltd IPO Opening Date | 11 November 2025 |
| Workmates Core2cloud Solution Ltd IPO Closing Date | 13 November 2025 |
| Basis of Allotment | 14 November 2025 |
| Initiation of Refunds | 14 November 2025 |
| Credit of Shares to Demat | 17 November 2025 |
| Workmates Core2cloud Solution Ltd IPO Listing Date | 18 November 2025 |
Workmates Core2cloud Solution Ltd IPO Details
| Workmates Core2cloud Solution Ltd IPO Date | 11 November 2025 to 13 November 2025 |
| Workmates Core2cloud Solution Ltd IPO Face Value | ₹10 per share |
| Workmates Core2cloud Solution Ltd IPO Price | ₹200 to ₹204 per share |
| Workmates Core2cloud Solution Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹69.84 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹59.34 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹10.5 Cr) |
| Issue Type | Book Building - SME |
| Listing At | BSE - SME |
| QIB Shares Offered | Not more than 6,62,400 of the Net Offer |
| Retail Shares Offered | Not less than 11,40,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 6,61,200 of the Net Offer |
| Company Promoters | Debasish Sarkar, Kamal Nath, Anirban Dasgupta |
Workmates Core2cloud Solution Ltd IPO Lot Size
The Workmates Core2cloud Solution Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 0 lots (0 shares or ₹0).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹2,44,800 |
| Maximum | - | 0 | ₹0 |
- Strengths
- Risks
- Opportunities
- Recognized as one of the fastest-growing AWS Premier Consulting Partners in India, specializing in managed services, cloud migration, and implementation of value-added services on the cloud.
- All infrastructure team members are AWS certified and industry experts, ensuring high-quality service delivery.
- Offers round-the-clock support to clients, ensuring continuous assistance and problem resolution.
- Focuses on innovation, providing services in emerging technologies like AI, IoT, VR, and AR, transforming businesses through advanced solutions.
- Emphasizes understanding client business needs deeply, ensuring tailored solutions that align with their objectives.
Company Financials
Workmates Core2cloud Solution Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 22.47 | 53.53 | 5.39 |
| 03-2023 | 10.38 | 29.14 | 1.96 |
| 03-2022 | 4.75 | 12.81 | 1.26 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Prepayment or repayment of secured loan availed by our Company from Banks / Financial Institutions.
- Funding of Working Capital requirement of our company.
- General corporate purposes
Workmates Core2cloud Solution Ltd IPO Promoter Holding
| Pre Issue Share Holding | 19% |
| Post Issue Share Holding | 13.75% |
Workmates Core2cloud Solution Ltd IPO Subscription Status (Bidding Detail)
The Workmates Core2cloud Solution Ltd IPO is subscribed 131.6 times on 13 November 2025 05:00:00 PM. The public issue subscribed 111.64 times in the retail category, 147.03 times in the QIB category, and 150.55 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 147.03 | 150.55 | 111.64 | - | 131.6 |
Workmates Core2cloud Solution Ltd IPO Prospectus
Workmates Core2cloud Solution Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE - SME |
| ISIN | INE1I1301016 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Flat 7, 3rd Flr 3A RammohanMullicj Garden Lane,Kolkata-700010
Phone: +91 33 4508 4924
Email: cs@cloudworkmates.com
Website: www.cloudworkmates.com
Workmates Core2cloud Solution Ltd IPO Registrar
Workmates Core2cloud Solution Ltd IPO Lead Manager(s)
- Horizon Management Private Limited
How to Check the Allotment Status of Workmates Core2cloud Solution Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Workmates Core2cloud Solution Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Workmates Core2cloud Solution Ltd IPO
Workmates Core2Cloud Solutions Limited was originally formed as a Private Limited company at Kolkata, West Bengal, pursuant to a certificate of incorporation dated November 14, 2018, issued by the RoC, Central Registration Centre. Company's status was converted from a Private Limited company to a Public Limited company and name of the Company was changed from 'Workmates Core2Cloud Solutions Private Limited' to 'Workmates Core2Cloud Solution Limited' on January 16, 2025 by Central Processing Centre, Manesar.