Workmates Core2Cloud
18 Nov '25SME
Min. Investment
₹2,40,000
Issue size
₹69.84 Cr
GMP
Locked
Overall subscription: 130.2x
Check allotment status
Expert verdict
IPO dates
11 Nov
Opening
13 Nov
Closing
14 Nov
Allotment
18 Nov
Listing
*Refunds will be initiated on 17 Nov '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1200 | ₹2,44,800 |
Subscription (as on 17 February 2026, 06:30 PM)
Overall130.2x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2018|MD: Mr. Basanta Kumar Rana
- Workmates Core2Cloud Solution is a cloud and digital transformation company that supports enterprises in modernising, securing, and expanding their digital operations. The company provides services including workload assessment, migration, and application modernisation. Its portfolio further extends to cybersecurity, generative AI (GenAI) and analytics, and database management, providing end-to-end support for organisations undergoing digital transformation. These solutions are delivered in collaboration with Amazon Web Services (AWS). Workmates serves clients from information technology and information technology-enabled services (IT/ITeS), banking, financial services, and insurance (BFSI), and manufacturing, e-commerce and media industries.
Issue Details & Objective
Lot size
600 Shares
Price band
₹200 to 204
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 28.04%
QIB - 47.39%
HNI - 14.30%
Retail - 33.30%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Workmates Core2Cloud IPO is ₹69.84 Cr
The Workmates Core2Cloud IPO will be open for applications from 11 Nov '25 to 13 Nov '25
The lot size of Workmates Core2Cloud IPO is 600 Shares and its minimum investment amount is ₹2,40,000.
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Workmates Core2Cloud IPO is null
