Workmates Core2Cloud IPO Subscription Day 2: Check Online

Check Expert’s Verdicts on Workmates Core2Cloud IPO. 

Here is the Workmates Core2Cloud IPO launched on 11th November 2025. Bidding for the issue will close on 13th November 2025. The primary aim of the Workmates Core2Cloud IPO is to raise ₹69.84 crores from the market. Additionally, the Workmates Core2Cloud IPO has received an impressive level of subscription, indicating that the shares will likely be listed at a premium. Scroll down to check the Workmates Core2Cloud IPO subscription and details. 

Workmates Core2Cloud IPO Details 

The price band for the Workmates Core2Cloud IPO has been prescribed at ₹200 to ₹204 per share, with a total of 34,23,600 shares issued. Let’s segregate the share quota fixed for different categories of investors. 

Workmates Core2Cloud IPO Subscription Status

As of now, the Workmates Core2Cloud IPO has been subscribed to 3.03 times. Of these, 3.88 times are subscribed by retail investors, 5.16 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of the Workmates Core2Cloud IPO, scheduled for listing on 18th November 2025. Workmates Core2Cloud’s IPO also has a positive outlook, with the fresh issue of 29.00.000 shares to raise around Rs 69.84 crores.

Workmates Core2Cloud IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Workmates Core2Cloud IPO GMP for 12th November 2025. 

The grey market premium for this IPO is 17.65% or Rs 36 per share. It indicates that the estimated listing price per share is Rs 240. Numerous factors played a pivotal role in the jump in Workmates Core2Cloud IPO GMP. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs. 

About Workmates Core2Cloud Ltd.

Workmates Core2Cloud Solution Limited, based in Kolkata, is an AWS Premier Consulting Partner known for scalable and innovative cloud solutions across India. Founded in 2018, the company has rapidly expanded, completing over 350 projects for more than 200 clients across various industries, including finance, healthcare, retail, e-commerce, and media.

• Customer Satisfaction and Long-Standing Relationships.
• Experienced Promoters and Proven Leadership.
• Scalable, Capital-Efficient Business Model

Workmates Core2Cloud Limited Financials

The company’s financial analysis is essential before applying for Workmates Core2Cloud Limited’s IPO. Look at the table to learn about Workmates Core2Cloud Limited’s financials. 

Explanation

Workmates Core2Cloud Limited’s revenue increased by 102% from ₹53.53 crore in March 2024 to ₹108.39 crore in March 2025. Moreover, the company’s PAT increased by 160% from ₹5.35 crores to ₹13.93 crores. Investors can analyse other relevant factors and make a decision accordingly.

Technical Indicators

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Workmates Core2Cloud IPO.

Workmates Core2Cloud IPO Listing Expectations

Workmates Core2Cloud IPO Highlights: IPO allotment is still pending, as the bid closes today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A 17.65% jump in the GMP of Workmates Core2Cloud’s IPO suggests that the estimated listing price per share will be around Rs 36.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation. 

Workmates Core2Cloud IPO Dates

Note: IPO GMP is volatile, driven by market sentiment. Hence, one should conduct their research before investing in it.

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Workmates Core2Cloud IPO IPO GMP: Day 2 IPO Live Updates