Workmates Core2Clouds IPO Subscription Status
Workmates Core2Clouds IPO subscribed over 8.40x on its Second day till 05.00 PM on 12th November 2025.
- Workmates Core2Clouds IPO subscription QIB investors portion is 1.48x times, while NII subscribed 13.58x times, and RII investors subscribed 10.19x times.
- The company has received bids for 1,92,48,000 shares against 22,92,000 shares on offer on the Second day.
- Workmates Core2Clouds IPO subscribed over 8.40x times on day 2.
- Workmates Core2Clouds IPO subscribed over 1.63x times on day 1.
About the Workmates Core2Clouds IPO
Founded on November 14, 2018, Workmates Core2Cloud Solution Limited is one of the growing cloud and digital transformation companies whose goal is to help businesses update, protect, and grow their digital core. It is a Kolkata-based company that went from being a startup to a Premier Tier AWS Partner in just six years, which is an achievement that AWS only gives to a small group of companies around the world.
Workmates Core2Cloud is involved in offering a wide range of cloud services, including Cloud Migration & Managed Services, DevOps & Automation, Cybersecurity & Analytics, Application Development, SAP Infrastructure Support, and Emerging Technologies. The company consists of a total of 129 employees in various departments. They have grown quickly by serving various industries such as finance, healthcare, retail, e-commerce, and media with completing over 350 projects for more than 200 clients.
Workmates Core2Clouds IPO Company Financial Report
The company reported revenue of ₹108.39 crores in 2025 against ₹53.53 crores in 2024. The company reported a profit of ₹13.93 crores in 2025 against a profit of ₹5.35 crores in 2024.
Workmates Core2Clouds IPO GMP
Workmates Core2Clouds IPO GMP was ₹36 as of Wednesday, 12th November. That indicates the IPO is trading at ₹240 with a ₹36 premium in the grey market against the issue price of ₹204.
