Workmates Core2Cloud IPO Details
The Workmates Core2Cloud IPO is a book build issue with a total issue size of ₹69.84 cr, comprising of fresh issue of 2737200 equity shares., and a offer for sale of 514800 equity shares. Workmates Core2Cloud IPO opened for subscription on Nov 11, 2025 and closed on Nov 13, 2025. Workmates Core2Cloud IPO is set price band at ₹200 to ₹204 per share, with a lot size of 600 shares. Minimum investment for Retail investors was ₹244,800.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Nov 14, 2025, and listed on both the NSE and BSE on Nov 18, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. Horizon Management Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Workmates Core2Cloud IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 200 – 204
- Lot Size
- 600
- Issue Size
- ₹69.84 Cr
- Minimum Investment
- ₹244800 (1200 Shares)
- Listing Date
- 18 November 2025
Current GMP
₹88 (+43.14%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Workmates Core2Cloud Solution Limited
Workmates Core2Cloud Solution Limited
Headquarters: Kolkata, India
Founded: 2018
Status: AWS Premier Consulting Partner
Overview:
Workmates Core2Cloud Solution Limited is a leading AWS Premier Consulting Partner based in Kolkata, India, renowned for delivering scalable, secure, and innovative cloud solutions. Since its inception in 2018, the company has rapidly grown to become one of India’s most trusted cloud consulting providers. With a strong focus on customer success, Workmates Core2Cloud has successfully completed over 350 projects for more than 200 clients across diverse industries such as finance, healthcare, retail, e-commerce, and media.
Core Services:
- Cloud Migration & Managed Services:
End-to-end migration of applications and workloads to AWS with continuous monitoring, performance optimization, and cost efficiency. - DevOps & Automation:
Implementation of CI/CD pipelines, infrastructure automation, and workflow orchestration using tools like AWS CloudFormation and Terraform. - Cybersecurity & Analytics:
Comprehensive cloud and hybrid security solutions, compliance management, and data analytics services for actionable business insights. - Application Development:
Design and development of custom cloud-native applications tailored to specific business objectives and operational needs. - SAP Infrastructure Support:
Specialized services for migrating, deploying, and managing SAP workloads on AWS to enhance reliability and scalability. - Emerging Technologies:
Integration and deployment of cutting-edge technologies including IoT, Blockchain, Artificial Intelligence/Machine Learning (AI/ML), Virtual Reality (VR), and Augmented Reality (AR).
Team Strength:
As of March 31, 2025, Workmates Core2Cloud Solution Limited has a total workforce of 129 professionals across multiple departments, contributing to the company’s mission of driving digital transformation through cloud innovation.
Workmates Core2Cloud IPO Promoters
- Debasish Sarkar
- Prajnashree Mohapatra
- Shilpa Mohta
- Anindya Sen
- Anjali Awasthi
- Anirban Dasgupta
- Kamal Nath
Promoters Holding
Holding Pre Issue
98.10%
Holding Post Issue
0.00%
Workmates Core2Cloud IPO Objective
The Company Workmates Core2Cloud IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Prepayment or repayment of secured loan availed by our Company from Banks / Financial Institutions
- Funding of Working Capital requirements of our company
- General corporate purposes
Address / Contact Info
Workmates Core2Cloud Solution Ltd.
Flat 7, 3rd Floor, 3A
Rammohan Mullick Garden Lane
Kolkata, West Bengal, 700010
Phone: + 91 33 450 8492
Email: cs@cloudworkmates.com
Website: http://www.cloudworkmates.com/
IPO Snapshot
Book Running Lead Managers
- Horizon Management Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Workmates Core2Cloud IPO is a Book-building IPO with a total issue size of ₹69.84 crore. The Workmates Core2Cloud IPO price band is ₹200 to 204 per share. The Workmates Core2Cloud IPO subscription opens on Tue, Nov 11, 2025, and closes on Thu, Nov 13, 2025. The Workmates Core2Cloud IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Workmates Core2Cloud IPO.
The Workmates Core2Cloud IPO opens on Tue, Nov 11, 2025 and closes on Thu, Nov 13, 2025
Workmates Core2Cloud IPO Price Band is ₹200 to 204 per share.
Workmates Core2Cloud IPO lot size is 600 shares, Retail investors need a minimum investment of ₹244800 based on the upper price band
The minimum investment for Workmates Core2Cloud IPO is ₹244800, based on one lot of 600 shares at the upper price band of ₹204 per share.
Investors can apply for the Workmates Core2Cloud IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Nov 13, 2025. The application amount remains blocked until the Workmates Core2Cloud IPO allotment is finalized.
Workmates Core2Cloud IPO issue size is ₹69.84 crores.
Workmates Core2Cloud IPO allotment date is Wed, Jul 1, 2026.
The registrar for Workmates Core2Cloud IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Workmates Core2Cloud IPO allotment status, refund processing, and other IPO-related information.
The Workmates Core2Cloud IPO GMP (Grey Market Premium) is ₹88 as of Tue, Nov 18, 2025. Based on the upper price band of ₹204 per share, the estimated Workmates Core2Cloud IPO listing price is ₹292, indicating a potential listing gain of approximately 0% over the issue price.