Workmates Core2Cloud Solution Ltd. IPO

Min Investment
₹ 1,22,400 / 600 shares
Price Range
₹200 - ₹ 204
Bidding Dates
11 Nov '25 - 13 Nov '25
Total Issue Value
69.84 Cr
Lot Size
600
Total Issue Size
69.84 Cr
Listing At
NSE SME
Subscription
132.25 times
BSE Price
370.50 (81.62%)

IPO Timeline

  • 11 Nov 2025
    Bidding Starts
  • 13 Nov 2025
    Bidding Ends
  • 14 Nov 2025
    Allotment Finalization
  • 18 Nov 2025
    Listing

About Workmates Core2Cloud Solution Ltd.

Workmates is a cloud and digital transformation company, dedicated to helping enterprises modernize, secure, and scale their digital core. In just six years, we have grown from a startup to a Premier Tier AWS Partner — a distinction recognised for only a select group globally by AWS. This ... Read more

Parent organisation
Founded
Workmates Core2Cloud Solution Ltd.
2018

Workmates Core2Cloud Solution Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 9,60,000 (28.04%)
Market Makers 1,71,600 (5.01%)
Non Institutional Investors 4,89,600 (14.3%)
Qualified Institutional Buyers (QIBs) 6,62,400 (19.35%)
Retail Individual Investors (RIIs) 11,40,000 (33.3%)

Workmates Core2Cloud Solution Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 53.53 Cr 5.39 Cr 9.10 Cr
31 Mar 2023 29.14 Cr 1.96 Cr 3.71 Cr
31 Mar 2022 12.81 Cr 1.26 Cr 1.75 Cr

Workmates Core2Cloud Solution Ltd. Background

Major Events And Milestones
  • 2018
    Started the business as a Private Limited Company on November 14, 2018, in the name of Workmates Core2Cloud Solution Private Limited’
    Registered with Amazon Web Services (AWS) as a Registered AWS Partner.
  • 2019
    Selected as Amazon Web Services (AWS) Select Consulting Partner
    Selected as Amazon Web Services (AWS) Advanced Consulting Partner
  • 2020
    Recognised as Amazon Web Services (AWS) Managed Category Partner
  • 2021
    Selected as Amazon Web Services (AWS) SAMbhav Partner
    Selected as Amazon Web Services (AWS) Web Architected Partner
    Selected as Amazon Web Services (AWS) Cloudfront Service delivery partner
    Selected as Amazon Web Services (AWS) WAF Service delivery partner
    Selected as Amazon Web Services (AWS) APN Immersion Days Partner by AWS
    Achieved AWS DevOps Competency
    Selected as Amazon Web Services (AWS) Cloud Formation Service Delivery partner
  • 2022
    Started Managed Security & Managed Database Service Line
    Achieved the completion of 500 projects
    Started App Development Practise
    Opening of new managed services operation office in Kolkata
  • 2023
    Completion of 4 years of Operations and organisation of first mega campus recruitment
    Sponsor at AWS Summit 2023
  • 2025
    Converted our Company from a private to public limited company, “Workmates Core2Cloud Solution Limited”
Workmates Core2Cloud Solution Ltd. Object of Issues

1. Prepayment or repayment of secured loan availed by our Company from Banks / Financial Institutions
2. Funding of Working Capital requirements of our company
3. General corporate purposes

Workmates Core2Cloud Solution Ltd. IPO Listing Details
Listing Date
18 Nov 2025
ISIN
INE1I1301016
Final Issue Price
₹ 204
Workmates Core2Cloud Solution Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 204.00 -
Open ₹ 387.60 -
Low ₹ 368.25 -
High ₹ 405.00 -
Last Trade ₹ 368.25 -
Workmates Core2Cloud Solution Ltd. Company Promoters

1. Debasish Sarkar
2. Prajnashree Mohapatra
3. Anirban Dasgupta
4. Anindya Sen
5. Kamal Nath
6. Shilpa Mohta
7. Anjali Awasthi
8. Basanta Kumar Rana

Industry Overview

The Cloud Computing Market size is estimated to reach USD 0.79 trillion in 2025, and is expected to reach USD 1.69 trillion by 2030, at a CAGR of 16.4% during the forecast period (2025-2030). The increasing global demand for cloud computing is driven by emerging technologies such as big data, ... Read more

Workmates Core2Cloud Solution Ltd. Contact Details
Address: Flat 7, 3rd Floor, 3A Rammohan Mullick Garden Lane, Kolkata West Bengal - 700010
Phone no:45084924
45084924
|
Workmates Core2Cloud Solution Ltd. IPO Registrar
MUFG Intime India Pvt. Ltd.
C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg, Vikhroli (West), Mumbai Maharashtra - 400083
8108114949
Workmates Core2Cloud Solution Ltd. IPO Lead Manager(s)
Horizon Management Pvt. Ltd.
19 R N Mukherjee Road, Main Building, 2nd Floor, Kolkata West Bengal - 700001
46000607

FAQs

When does Workmates Core2Cloud Solution Ltd. IPO opens and closes?

Workmates Core2Cloud Solution Ltd. IPO opens from 11th November to 13th November 2025.

What is the size of Workmates Core2Cloud Solution Ltd. IPO?

The size of the Workmates Core2Cloud Solution Ltd. IPO is ₹69.84 Cr.

What is the price range of Workmates Core2Cloud Solution Ltd. IPO?

The price range of Workmates Core2Cloud Solution Ltd. IPO is at ₹200 to ₹204 per share.

What is the minimum investment and lot size required for the Workmates Core2Cloud Solution Ltd. IPO?

The minimum investment required is ₹1,22,400 and minimum lot size is 600 shares.

When is Workmates Core2Cloud Solution Ltd. IPO listing date?

The Workmates Core2Cloud Solution Ltd. IPO will be listed on 18th November 2025.

What is the objective of Workmates Core2Cloud Solution Ltd. IPO?

1. Prepayment or repayment of secured loan availed by our Company from Banks / Financial Institutions
2. Funding of Working Capital requirements of our company
3. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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