WORKMATES CORE2CLO...● IPO DETAIL GMP+₹43 STATUSClosed IPOCloudTrack Every IPO WORKMATES CORE2CLO...● IPO DETAIL GMP+₹43 STATUSClosed IPOCloudTrack Every IPO
Live GMP
Back to IPOs
Workmates Core2Cloud Solution Ltd.

Workmates Core2Cloud Solution Ltd.

BSE SME · SME IPO
Closed BSE SME SME Live Chart
Issue Price
₹204
₹204
GMP (Grey Market)
+₹43
+21.08%
Est. Listing Price
₹247
Based on GMP
Min. Investment
₹122,400
1 lot × 600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
11 Nov 2025
Close Date
13 Nov 2025
Allotment
19 Nov 2025
Listing Date
21 Nov 2025
Exchange
BSE SME
Price Band
₹204
Listing Price
See chart
Allotment Status
Price Band
₹204
Per share
Face Value
₹10 per share
 
Lot Size
600 Shares
per lot
Issue Size
34,23,600 shares (aggregating up to ₹69.84 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹122,400
1 lot
Pre-IPO Holding
1,00,10,000 shares
Promoters
Post-IPO Holding
1,29,18,800 shares
Promoters
P/E (Pre)
14.66x
 
P/E (Post)
15.21x
 
EPS (Pre)
₹13.91
 
EPS (Post)
₹13.41
 
UPI Deadline
2025-11-13
Mandate
GMP
+₹43
+21.08% est.
Anchor AllotmentMon, 10 Nov 2025
Basis of AllotmentWed, 19 Nov 2025
Refund InitiationThu, 20 Nov 2025
Demat CreditThu, 20 Nov 2025
Listing DayFri, 21 Nov 2025
UPI Mandate Deadline2025-11-13
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public32,52,000 shares (aggregating up to ₹66.34 Cr)
Market Maker Quota1,71,600 shares (aggregating up to ₹3.50 Cr)
QIB Quota47.39% of Net Issue
HNI / NII Quota14.30% of Net Issue
Retail Quota33.30% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Workmates Core2Cloud Solution Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 13 Nov 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
171,600
5.01%
5.01%
₹3.50
QIB
Over 1.00x
1,622,400
47.39%
47.39%
₹33.10
NII / HNI
Over 1.00x
489,600
14.3%
14.3%
₹9.99
Retail
Over 1.00x
1,140,000
33.3%
33.3%
₹23.26
Total 1.00x
3,423,600
100% ₹69.84
IPO Shares Offered
Workmates Core2Cloud Solution Ltd. IPO total issue size: ₹69.84 Cr. Retail: ₹23.26 Cr. QIB: ₹33.10 Cr. NII: ₹9.99 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 1,622,400 ₹33.10
47.39%
Market Maker 171,600 ₹3.50
5.01%
NII 489,600 ₹9.99
14.30%
Retail 1,140,000 ₹23.26
33.30%
Total 3,423,600 ₹69.84
100.00%
* Based on upper price band ₹204 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 489,600 1,140,000 1,629,600
Allotment price (₹) 204 204 204 204 204 204 204 204
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹23.26 ₹23.26
Times subscribed 1 1 1 1
Shares allotted 489,600 1,140,000 1,629,600
No. of allottees
* Upper price band ₹204 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
600
Shares per Lot
Issue Price
₹204.00
Upper Band
Min Investment
₹122,400
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,200₹244,800
Retail (Max — 13 Lots)137,800₹1,591,200
S-HNI (Min — 14 Lots)148,400₹1,713,600
B-HNI (Min — 68 Lots)6840,800₹8,323,200
* Issue Price ₹204 × Lot Size 600 shares
IPO Schedule
Anchor
10 Nov 2025
✓ Done
IPO Open
11 Nov 2025
✓ Done
IPO Close
13 Nov 2025
✓ Done
Allotment
19 Nov 2025
✓ Done
Refunds
20 Nov 2025
✓ Done
Demat Credit
20 Nov 2025
✓ Done
Listing Day
21 Nov 2025
✓ Done
Workmates Core2Cloud Solution Ltd. — Live Price LIVE
₹204.00
INR · BSE
Fetching…
vs Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹204.00 GMP: +₹43 Live Price
About Workmates Core2Cloud Solution Ltd.

Workmates Core2Cloud Solution Ltd. is proposing an IPO on BSE SME under the SME category. Total issue: 34,23,600 shares (aggregating up to ₹69.84 Cr).

Opens 11 Nov 2025, closes 13 Nov 2025. Listing: 21 Nov 2025. Apply via ASBA or UPI.

Objects of the Issue
1
Object 1
2
Object 2
3
Object 3
Workmates Core2Cloud Solution Ltd. Financials (Amount In Crore)
Revenue from Operations
₹53.5
31 Mar 2024
₹108.4
31 Mar 2025
₹59.6
31 Aug 2025
Profit After Tax (PAT)
₹5.4
31 Mar 2024
₹13.9
31 Mar 2025
₹7.2
31 Aug 2025
Particulars31 Aug 202531 Mar 202531 Mar 2024
Revenue from Operations 59.55 108.39 53.53
EBITDA 10.62 19.05 7.70
Profit After Tax (PAT) 7.22 13.93 5.35
Net Worth 30.10 22.89 8.96
Total Assets 69.44 62.16 24.57
Reserves & Surplus 20.09 22.88 8.95
Borrowings 8.68 8.79 N/A
EBITDA Margin (%) 17.58%
PAT Margin (%) 12.85%
P/BV Ratio
8.92
RoE
67.44%
RoCE
64.61%
RoNW
60.85%
PAT Margin
12.85%
EBITDA Margin
17.58%
Debt/Equity
0.38
Issue Structure & Shareholding
Total Shares Offered34,23,600 (100.00%)
Net Offer to Public32,52,000 shares (aggregating up to ₹66.34 Cr)
Reserved for Market Maker1,71,600 shares (aggregating up to ₹3.50 Cr)
Pre-Issue Promoter Holding1,00,10,000 shares
Post-Issue Promoter Holding1,29,18,800 shares
P/BV Ratio8.92
RoE67.44%
RoCE64.61%
Debt / Equity0.38
Script CodeN/A
Registrar & Lead Managers
Will be available once DRHP is filed.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Workmates Core2Cloud Solution Ltd. IPO subscribed?

Workmates Core2Cloud Solution Ltd. IPO is subscribed 1.00 times by Nov 13, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Workmates Core2Cloud Solution Ltd. IPO retail subscription status?

The Workmates Core2Cloud Solution Ltd. IPO retail category is subscribed 1.00 times as of 13 Nov 2025. The retail portion is oversubscribed.

How to subscribe Workmates Core2Cloud Solution Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 11 Nov 2025 and closes 13 Nov 2025. Min investment: ₹122,400 (1 lot = 600 shares). UPI mandate: 2025-11-13.

How many times Workmates Core2Cloud Solution Ltd. IPO subscribed?

The Workmates Core2Cloud Solution Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Workmates Core2Cloud Solution Ltd. IPO allotment?

Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 19 Nov 2025. Refunds: on 20 Nov 2025.

When Workmates Core2Cloud Solution Ltd. IPO will be listed?

The Workmates Core2Cloud Solution Ltd. IPO listing date is 21 Nov 2025, Friday. Listed on: BSE SME. Issue price: ₹204. Estimated listing: ₹247. GMP: +₹43.

When Workmates Core2Cloud Solution Ltd. IPO close?

The Workmates Core2Cloud Solution Ltd. IPO closes on 13 Nov 2025, Thursday. UPI mandate: 2025-11-13. Allotment: 19 Nov 2025. Listing: 21 Nov 2025.