| 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 |
| Category | Shares Offered | Amount (₹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%
|
| 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 | — | — | — | — | — | — | — | — |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 1,200 | ₹244,800 |
| Retail (Max — 13 Lots) | 13 | 7,800 | ₹1,591,200 |
| S-HNI (Min — 14 Lots) | 14 | 8,400 | ₹1,713,600 |
| B-HNI (Min — 68 Lots) | 68 | 40,800 | ₹8,323,200 |
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.
| Particulars | 31 Aug 2025 | 31 Mar 2025 | 31 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% | — | — |
Workmates Core2Cloud Solution Ltd. IPO is subscribed 1.00 times by Nov 13, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.
| Investor Category | Subscription |
|---|---|
| Qualified Institutional (QIB) | 1.00x |
| Non Institutional (NII/HNI) | 1.00x |
| Retail Individual | 1.00x |
| Total Subscription | 1.00x |
The Workmates Core2Cloud Solution Ltd. IPO retail category is subscribed 1.00 times as of 13 Nov 2025. The retail portion is oversubscribed.
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.
The Workmates Core2Cloud Solution Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.
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.
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.
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.