Workmates Core2cloud Solution Ltd

Workmates Core2cloud Solution Ltd IPO

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

Closed

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

Workmates Core2cloud Solution Ltd IPO Application Timeline

passed
Open Date11 Nov 2025
passed
Close Date13 Nov 2025
passed
Allotment Date14 Nov 2025
passed
Listing Date18 Nov 2025

IPO Subscription Status

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.

Subscription Rate

Total Subscription131.6x
Retail Individual Investors111.64x
Qualified Institutional Buyers147.03x
Non Institutional Investors150.55x

Strengths and Risks

Strengths

Strengths

  • 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.


Risks

Risks

  • 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.

How to Apply for Workmates Core2cloud Solution Ltd IPO on INDmoney

  1. Download the INDmoney app and complete your KYC.
  2. Go to INDstocks → IPO, or just search “IPO”.
  3. Tap on Workmates Core2cloud Solution Ltd IPO from the list of live IPOs.
  4. View key details like price band, lot size, and dates.
  5. Tap Apply Now and choose your number of lots.
  6. Use INDpay UPI for instant mandate tracking.
  7. Your funds will be blocked until the share allotment is finalized.

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 status reflects our deep technical expertise, proven customer success, and our ability to deliver complex cloud projects at scale. Completely bootstrapped and built with unwavering passion and grit, Workmates is led by a dynamic and visionary team of co-founders and professionals who have successfully steered the company to date. We were recently recognized as the AWS Consulting Partner of the Year 2025, a testament to our excellence in delivery, innovation, and customer satisfaction.

Frequently Asked Questions of Workmates Core2cloud Solution Ltd IPO

What is the size of the Workmates Core2cloud Solution Ltd IPO?

The size of the Workmates Core2cloud Solution Ltd IPO is ₹69.84 Cr.

What is the allotment date of the Workmates Core2cloud Solution Ltd IPO?

Workmates Core2cloud Solution Ltd IPO allotment date is Nov 14, 2025 (tentative).

What are the open and close dates of the Workmates Core2cloud Solution Ltd IPO?

The Workmates Core2cloud Solution Ltd IPO will open on Nov 11, 2025 and close on Nov 13, 2025

What is the lot size of Workmates Core2cloud Solution Ltd IPO?

The lot size for the Workmates Core2cloud Solution Ltd IPO is 600.

When will my Workmates Core2cloud Solution Ltd IPO order be placed?

Your Workmates Core2cloud Solution Ltd IPO order will be placed on Nov 11, 2025

Can we invest in Workmates Core2cloud Solution Ltd IPO?

Yes, once Workmates Core2cloud Solution Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Workmates Core2cloud Solution Ltd IPO?

The potential listing gains on the Workmates Core2cloud Solution Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Workmates Core2cloud Solution Ltd IPO?

'Pre-apply' for Workmates Core2cloud Solution Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.