Open Date
11 Nov 2025
Close Date
13 Nov 2025
Listing Date
18 Nov 2025
Max Investment
₹9,79,200
Price Range
₹200 - ₹204
Lot Size
-
IPO Size
₹69.84Cr
Exchange Symbols
Workmates Core2cloud Solution Ltd IPO
₹2,44,800
/ 1,200
Cutoff - Lot Size
Workmates Core2 IPO Dates and Timelines
Workmates Core2 IPO Size
Workmates Core2 IPO Reservation
Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
9,60,000
-
QIB Shares Offered
16,22,400
50.0%
NII (HNI) Shares Offered
4,89,600
15.0%
Retails Shares Offered
11,40,000
35.0%
Total Shares Offered
34,23,600
-
Total Shares with Anchor Investor
25,82,400
100%
Workmates Core2 IPO Lot Size
Applications
Lot
Shares
Amount
Retail (Min)
-
-
-
Retail (Max)
-
-
-
S-HNI (Min)
1
1200
₹2,44,800
S-HNI (Max)
4
4800
₹9,79,200
B-HNI (Min)
5
6000
₹12,24,000
Workmates Core2 IPO Shareholding Pattern
Category
Pre-Issue
Post-issue
Promoter Group
98.10%
72.03%
Public Group
1.90%
27.97%
Workmates Core2 IPO Financials
Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital
Workmates Core2 IPO Peers
Peer Name
P/E(x)
RoNW%
Persistent System Limited
63.10
24.8
Workmates Core2 IPO Strengths & Risks
Strength
Risks
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 businesses through advanced solutions.
The company is dependent on a few customers for a major part of its revenues. Further the company does not have any long-term commitments from customers and any failures to continue the company existing arrangements could adversely affect its business and results of operations.IPO Registrars
MUFG Intime India Pvt Ltd
Phone Number:
91-22-49186000
Email ID:
paytm.ipo@linkintime.co.in
Website:
www.linkintime.co.in
Workmates Core2 Limited
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.
Contact Details
IPO Company Name:
Workmates Core2 Limited
Phone Number:
+91 33 4508 4924
Email ID:
cs@cloudworkmates.com
Website:
www.cloudworkmates.com
Address:
Kolkata, West Bengal
Workmates Core2 IPO Overview
Workmates Core2: IPO Dates
The Workmates Core2 IPO opens for subscription on 11 Nov 2025, and closes on 13 Nov 2025. Investors will likely receive their allotment status updates on 14 Nov 2025. Those who get allotted shares can expect them credited to their Demat accounts by 17 Nov 2025. The shares will be officially listed on the stock exchange on 18 Nov 2025.
Workmates Core2: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹200.0 and ₹204.0 per share.Investors can apply within this range. This SME issue includes a fresh issue worth ₹59.34 crore and an offer for sale valued at ₹ 10.5 crore. The exact listing price will be revealed on 18 Nov 2025, which is when the shares start trading on the exchange.
Workmates Core2: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately ₹69.84Cr crore.
How to Apply for Workmates Core2 IPO Online?
- 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
- 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
- 3. Select Workmates Core2 IPO: Choose it from the list of available IPOs.
- 4. Enter Lot Quantity: Input how many lots you want to apply for.
- 5. Provide UPI ID: Submit your UPI ID for payment.
- 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.
How to Check IPO Allotment Status for Workmates Core2?
- 1. Open the Torus Digital app and log in.
- 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
- 3. Choose the Workmates Core2 IPO application.
- 4. View your allotment status.
You will also get notified of your allotment via push notifications and email from Torus Digital.
FAQ’s
What is the open date of IPO?
- The opening date of IPO is 11 Nov 2025.
What is the close date of IPO?
- The closing date of IPO is 13 Nov 2025.
What is the issue size of IPO?
- The issue size of IPO is Rs 69.84 Cr.
What is the lot size of IPO?
- The size per lot of IPO is 1200.0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is 14 Nov 2025.
What is the listing date of IPO?
- IPO will get listed on 18 Nov 2025.
Who is the registrar of IPO?
- The registrar of IPO is MUFG Intime India Pvt Ltd.
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