
Workmates Core2cloud Solution Ltd IPO Price Range is ₹200 - ₹204, with a minimum investment of ₹2,44,800 for 1200 shares per lot.
Subscription Rate
131.6x
as on 13 Nov 2025, 06:52PM IST
Minimum Investment
₹2,44,800
/ 1200 shares
IPO Status
Price Band
₹200 - ₹204
Bidding Dates
Nov 11, 2025 - Nov 13, 2025
Issue Size
₹69.84 Cr
Lot Size
600 shares
Min Investment
₹2,44,800
Listing Exchange
BSE




as on 13 Nov 2025, 06:52PM IST
IPO subscribed over
🚀 131.6x
This IPO has been subscribed by 111.64x in the retail category and 147.03x in the QIB category.
| Total Subscription | 131.6x |
| Retail Individual Investors | 111.64x |
| Qualified Institutional Buyers | 147.03x |
| Non Institutional Investors | 150.55x |
Recognized as one of the fastest-growing AWS Premier Consulting Partners in India, specializing in managed services,cloud migration, and implementation of value-added services on the cloud.
All infrastructure team members are AWS certified and industry experts, ensuring high-quality service delivery.
Offers round-the-clock support to clients, ensuring continuous assistance and problem resolution.
Focuses on innovation, providing services in emerging technologies like AI, IoT, VR, and AR, transforming businessesthrough advanced solutions.
Emphasizes understanding client business needs deeply, ensuring tailored solutions that align with their objectives.
The company is dependent on a few customers for a major part of its revenues. Further the company does not have any long-termcommitments from customers and any failures to continue the company existing arrangements could adversely affect itsbusiness and results of operations.
The company is primarily dependent on few key suppliers for procurement of products and services. Any delay,interruption or reduction in the supply of products and services may adversely affect its business, results ofoperations, cash flows and financial conditions.
Its operations are heavily dependent on the company technology partnership.
The company is dependent on its ability to develop new services and products, and enhance the company existing services andproducts. If its products and services does not gain market acceptance, its operating results may be negativelyaffected.
Failures to obtain or renew approvals, licenses, registrations and permits to operate the company business in a timelymanner, or at all, may adversely affect its business, financial condition, results of operations and cash flows.
Its ability to anticipate changes in consumer preference, and industry trends and to meet customers demandsis a significant factor to remain competitive, any failures to identify and understand the trends may materiallyadversely affect its business.
The length of its sales cycle may fluctuate significantly and depends on several external factors which may resultin significant fluctuations in the company revenues.
Its lenders have charge over our movable and immovable properties in respect of finance availed by it.
The Companys success depends largely upon its skilled professionals and its ability to attract and retain thesepersonnel. The industry where the Company operates is a highly skilled and technical employee intensiveindustry.
The Company had negative cash flow in recent fiscals, details of which are given below. Sustained negative cashflow could adversely impact its business, financial condition and results of operations.