
Information Technology (IT) · BSE
Incorporated in 2018 and based in Kolkata, Workmates Core2Cloud Solution Limited is an AWS Premier Consulting Partner offering scalable cloud solutions across India. The company has completed over 350 projects for more than 200 clients across sectors such as finance, healthcare, retail, e-commerce, and media. Its services include cloud migration, managed services, DevOps automation, cybersecurity, data analytics, application development, SAP workload management, and emerging technologies like IoT, Blockchain, AI/ML, VR, and AR. Workmates Core2Cloud helps businesses move to the cloud, optimize costs, improve performance, and enhance security. As of March 31, 2025, the company employed 129 professionals across various functions.
Price Band
₹200 – ₹204
Issue Size
₹69.84 Cr
Lot Size
600 shares
GMP
+38.2%
Est. Listing
₹282
at current GMP
Subscribed
141.45x
overall
Open
11 Nov 2025
Close
13 Nov 2025
Allotment
14 Nov 2025
Refund
15 Nov 2025
Demat Credit
16 Nov 2025
Listing
18 Nov 2025
Designated Registrar: Link Intime India Private Limited
Allotment Date
14 Nov 2025
Basis finalization
Refunds Initiate
15 Nov 2025
Mandate release
Demat Credit
16 Nov 2025
Shares in demat
Listing Debut
18 Nov 2025
Trading begins
Workmates Core2Cloud Solution Limited is bringing an initial public offering (IPO) in the Information Technology (IT) sector with an aggregate issue size of ₹69.84 Crores. The shares are offered at a price band of ₹200 to ₹204 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-11-13, the basis of allotment is scheduled to be finalized on 2025-11-14. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.