Workmates Core2Clouds IPO Subscribed 141.38x on Day 3

Workmates Core2Clouds IPO subscription started on Tuesday, November 11, 2025, and will close on November 13, 2025, as per the schedule. The price band is set at ₹200 to ₹204 per share with a face value of ₹10.

Table of Contents

Workmates Core2Clouds IPO Subscription Status

Workmates Core2Clouds IPO subscribed over 141.38x on its Last day till 05.00 PM on 13th November 2025.

  • Workmates Core2Clouds IPO subscription QIB investors portion is 147.03x times, while NII subscribed 202.96x times, and RII investors subscribed 111.64x times.
  • The company has received bids for 32,40,34,800 shares against 22,92,000 shares on offer on the Last 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 ₹51 as of Thursday, 13th November. That indicates the IPO is trading at ₹291 with a ₹51 premium in the grey market against the issue price of ₹204.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

Leave a Reply

Your email address will not be published. Required fields are marked *