Workmates Core2cloud Solution Ltd IPO – Dates, Price Band & Lot Size
The Workmates Core2cloud Solution Ltd IPO will be live from 11 Nov'25 to 13 Nov'25 with an issue size of ₹69.84 crores. The IPO is priced in the band of ₹0.00–₹204.00 per share with a minimum lot size of 1200.00 shares. Stay updated with IPO dates, allotment status, and listing details.
Min Investment ₹244800.00
Subscribed Times 131.60x
Issues size ₹70 Crores
Price Range ₹0.00 - ₹204.00
Open on 11 Nov'25
Close on 13 Nov'25
Workmates Core2cloud Solution Ltd IPO Details
Lot Size 1200.00
Issue size ₹70 Crores
Issue Type Book Building
Workmates Core2cloud Solution Ltd Shares Offered
Qualified Inst. Buyers 26.89
Non Inst. Buyers 26.84
Retails Ind. Buyers 46.27
Workmates Core2cloud Solution Ltd Subscription Status
(as of 14 Jan 2026) Overall Status 131.60x
Qualified Inst. Buyers 147.03x
Non Inst. Buyers 150.55x
Retails Ind. Buyers 111.64x
Workmates Core2cloud Solution Ltd IPO Timeline
11 Nov'25 Issue Open
13 Nov'25 Issue Close
14 Nov'25 Finalization of Basis of Allotment
14 Nov'25 Initiation of refund
17 Nov'25 Transfer of shares to Demat Account
18 Nov'25 Listing Date
Workmates Core2cloud Solution Ltd Objects of the offer
Expand Our Customer Base and Deepen Existing Relationships.
Diversify and Strengthen Our Service Portfolio.
Attract, Develop, and Retain High-Performing Talent.
Focus on Continuous Technological Advancement.
Drive Operational Efficiency and Customer Value.
Enter New Geographies and Strengthen Global Presence.
Workmates Core2cloud Solution Ltd Company's Financials
Assets(cr) Mar 2025 31.68 Mar 2024 9.17 Mar 2023 3.78
Gross Profit(cr) Mar 2025 19.05 Mar 2024 7.70 Mar 2023 2.70
Liabilities(cr) Mar 2025 8.79 Mar 2024 0.21 Mar 2023 0.17
Net Income(cr) Mar 2025 13.93 Mar 2024 5.35 Mar 2023 1.86
Revenue(cr) Mar 2025 107.65 Mar 2024 53.23 Mar 2023 28.95
Workmates Core2cloud Solution Ltd Peer Comparison
Script Name Workmates Core2Cloud Solution Limited Revenue(cr) 107.65 Net Profit(cr) 13.93 EPS 1392.70 Current Ratio 1.67
Script Name Persistent System Limited Revenue(cr) 11938.70 Net Profit(cr) 1400.16 EPS 90.24 Current Ratio 16.02
Script Name Orient Technologies Ltd. Revenue(cr) 839.53 Net Profit(cr) 50.44 EPS 12.85 Current Ratio 9.60
Script Name LTIMindtree Ltd. Revenue(cr) 38008.10 Net Profit(cr) 4598.70 EPS 155.00 Current Ratio 15.01
Workmates Core2cloud Solution Ltd IPO
Workmates Core2cloud Solution Ltd Company Contact Info
Flat 7, 3rd Flr 3A Rammohan,
Mullicj Garden Lane,
Kolkata-700010
Phone : +91 33 4508 4924
Workmates Core2cloud Solution Ltd Registrar & Transfer Agent
MUFG Intime India Pvt Ltd
C-101 247 Park,
L B S Marg-Mumbai-400083
Phone : 91-22-49186000
Fax : 91-22-49186060
Workmates Core2cloud Solution Ltd Book Running Managers
Horizon Management Private Limited
Offer Related Information
Initial public offer of 34,23,600 equity shares of face value of Rs. 10/- each (equity shares) of the company at an offer price of Rs. 204/- per equity share (including a share premium of Rs. 194/- per equity share) for cash, aggregating Rs. 69.84 crores (public offer) comprising a fresh offer of 29,08,800 equity shares of face value of Rs. 10/- each aggregating to Rs. 59.34 crores (the fresh offer) and an offer for sale of 5,14,800 equity shares of face value of Rs. 10/- each comprising of 1,25,452, 1,25,452, 62,974, 1,00,461, 1,00,461equity shares of face value of Rs. 10/- each by Debasish Sarkar, Prajnashree Mohapatra , Shilpa Mohta, Anindya Sen and Anirban Dasgupta (selling shareholders) respectively offer for sale aggregating to Rs. 10.50 crores. out of public offer 1,71,600 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 204/- per equity share for cash, aggregating Rs. 3.50 crores will be reserved for subscription by the market maker to the offer (the market maker reservation portion). The public offer less market maker reservation portion i.e. offer of 32,52,000 equity shares of face value of Rs.10/- each, at an offer price of Rs. 204/- per equity share for cash, aggregating up to Rs. 66.34 crores is hereinafter referred to as the net offer. The public offer and net offer will constitute 26.50% and 25.17% respectively of the post-offer paid-up equity share capital of the company.
Workmates Core2cloud Solution Ltd IPO FAQs
What is the issue size of Workmates Core2cloud Solution Ltd IPO?
The issue size of Workmates Core2cloud Solution Ltd IPO is ₹ 70 crore.
What is 'pre-apply' for Workmates Core2cloud Solution Ltd IPO?
'Pre-apply' lets you place your IPO application before the official opening date.
If I pre-apply for Workmates Core2cloud Solution Ltd IPO, when will my order get placed?
Your order will be placed automatically once the IPO opens for subscription.
When will I know if my Workmates Core2cloud Solution Ltd IPO order is placed?
You'll get a confirmation via SMS/email once your IPO order is successfully placed.
What are the open and close dates of the Workmates Core2cloud Solution Ltd IPO?
The IPO opens on 11 Nov and closes on 13 Nov.
What is the lot size and minimum order quantity of the Workmates Core2cloud Solution Ltd IPO?
The minimum order is 1 lot, which consists of 1200.00 shares.
What is the allotment date for the Workmates Core2cloud Solution Ltd IPO?
The allotment is expected on 14 Nov.
Who is the registrar of the Workmates Core2cloud Solution Ltd IPO?
MUFG Intime India Pvt Ltd is the registrar for this IPO.
Where is the Workmates Core2cloud Solution Ltd IPO getting listed?
It will be listed on BSE.