BSE - SMEListed
Workmates Core2Cloud Solution Limited
Company websiteWorkmates Core2Cloud Solution Limited is launching an IPO sized at ₹34,23,600 crore. The raise comprises a fresh issue of ₹29,08,800 crore and an OFS of ₹5,14,800 crore, together representing roughly 600 shares.
Subscription is open from 11-11-2025 to 13-11-2025. The allotment is expected on 14-11-2025, and listing is targeted for 18-11-2025. Note: fresh issue proceeds typically go to the company while OFS proceeds go to selling shareholders.
Start Date11-11-2025
End Date13-11-2025
Listing Date18-11-2025
Allotment Date14-11-2025
Current Price₹387.60
GMP₹78 (38.24%)
Lot Size600 Shares
Subscription141.45 Times
Face Value₹10 per share
Listing atBSE
Issue Price₹200 - ₹204
Pre Issue₹1,00,10,000
Post Issue₹1,29,18,800
Issue Size₹34,23,600
(aggregating up to 69.84 Cr)
(aggregating up to 69.84 Cr)
Fresh Issue₹29,08,800
(aggregating up to 59.33 Cr)
(aggregating up to 59.33 Cr)
Offer For Sale₹5,14,800
(aggregating up to 10.50 Cr)
(aggregating up to 10.50 Cr)
The Grey Market Premium (GMP) for Workmates Core2Cloud Solution Limited is currently around ₹78 (38.24%). This indicates an estimated listing price of approximately ₹278 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
17 Nov 2025, 04:21 | ₹204 | ₹78 | ₹282 (38.24%) |
15 Nov 2025, 12:21 | ₹204 | ₹74 | ₹278 (36.27%) |
14 Nov 2025, 17:38 | ₹204 | ₹60 | ₹264 (29.41%) |
13 Nov 2025, 10:13 | ₹204 | ₹40 | ₹244 (19.61%) |
12 Nov 2025, 11:03 | ₹204 | ₹40 | ₹244 (19.61%) |
11 Nov 2025, 12:17 | ₹204 | ₹30 | ₹234 (14.71%) |
10 Nov 2025, 07:52 | ₹204 | ₹21 | ₹225 (10.29%) |
06 Nov 2025, 10:15 | ₹204 | ₹0 | ₹204 (0.00%) |
05 Nov 2025, 04:42 | ₹204 | ₹0 | ₹204 (0.00%) |
Financials overview In Crores
Here is a quick look at the recent financial performance of Workmates Core2Cloud Solution Limited . The numbers below ( In Crores ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Aug-25 | Mar-25 | Mar-24 |
|---|---|---|---|
EPS | 7.21 | 13.91 | 5.34 |
ROE | 27.24 | 67.44 | 85.10 |
ROCE | 30.14 | 64.61 | 122.44 |
RONW | 23.97 | 60.85 | 59.70 |
PRE IPO(PE) | 0 | 14.66 | 0 |
POST IPO(PE) | 15.21 | 0 | 0 |
Subscription Details (No. of Shares)
The below shows how many shares were subscribed by each investor category in the Workmates Core2Cloud Solution Limited IPO. These numbers help you understand where the demand is coming from – whether it’s retail investors, QIBs, or NIBs. Higher subscription usually indicates strong interest and confidence from the market.
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹13.51 | 1986.82 | 147.06 |
FIIs | ₹0 | 545.55 | 0.00 |
Mutual Funds | ₹0 | 4.8 | 0.00 |
Others | ₹0 | 1327.55 | 0.00 |
RETAIL | ₹23.26 | 2596.4 | 111.63 |
HNIs 2+ | ₹3.33 | 396.56 | 119.09 |
HNIs 10+ | ₹6.66 | 1634.08 | 245.36 |
Total | ₹46.76 | 6613.86 | 141.44 |
Application Wise Breakup (Approx. no of Apps)
| Category | Reserved | Applied | Times |
|---|---|---|---|
QIB | 0 | 129 | 0.00 |
NIB | 0 | 23,284 | 0.00 |
RETAIL | 950 | 1,06,062 | 111.64 |
HNIs(10L +) | 181 | 13,582 | 75.04 |
HNIs (2-10L) | 91 | 9,702 | 106.62 |
Total | 1,222 | 1,29,346 | 105.85 |
The IPO reservation for Workmates Core2Cloud Solution Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
Anchor | 28.04% | 9,60,000 |
QIB | 19.35% | 6,62,400 |
HNI | 14.30% | 4,89,600 |
RETAIL | 33.30% | 11,40,000 |
Market Maker | 5.01% | 1,71,600 |
TOTAL | 100.00% | 34,23,600 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 2 | 1,200 | ₹2,44,800 | |
sHNI | 3 | 1,800 | ₹3,67,200 | |
bHNI | 9 | 5,400 | ₹11,01,600 |
Below you can find the official contact details of Workmates Core2Cloud Solution Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: cs@cloudworkmates.com
Phone: + 91 33 450 8492
Website: http://www.cloudworkmates.com/
Address: Flat 7, 3rd Floor, 3A Rammohan Mullick Garden Lane Kolkata, West Bengal, 700010
IPO Registrar
Name: Link Intime India Private Limited
Phone: +91-22-4918 6270