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Home › IPOs › Workmates Core2Cloud Solution Ltd. › Subscription
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Workmates Core2Cloud Solution Ltd.
CLOSED BSE SME Bookbuilding IPO Fresh Capital-cum-Offer for Sale Workmates Core2Cloud Solution IPO GMP
GREY MARKET PREMIUM
₹ + 43
+21% expected return
EST. LISTING PRICE
₹247
Issue Price: ₹ 204
Back to IPOs Check Allotment Website
Issue Price
₹204
Face Value
₹10
Lot Size
600 shares
Open Date
11 Nov 2025
Close Date
13 Nov 2025
Allotment
14 Nov 2025
Listing Date
18 Nov 2025
Exchange
BSE SME

Workmates Core2Cloud Solution IPO Details: Price, Dates & Financials

The Workmates Core2Cloud Solution IPO GMP strength score is 7.3 out of 10, which the dashboard rates as Good. The Workmates Core2Cloud Solution IPO valuation is tagged Good. The Workmates Core2Cloud Solution IPO QIB category is reserved for 47.39% of the offer. The Workmates Core2Cloud Solution IPO NII/HNI category is reserved for 14.3% of the offer. The Workmates Core2Cloud Solution IPO Retail (RII) category is reserved for 33.3% of the offer. Live subscription numbers for the Workmates Core2Cloud Solution IPO are not yet available, and amounts are calculated at the upper price band of ₹204.

IPO Analytics Dashboard
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Workmates Core2Cloud Solution IPO GMP Insights
👤
Retail Demand
Good
💼
HNI Interest
Good
🏦
QIB Demand
Strong
📊
Valuation
Good
Workmates Core2Cloud Solution IPO GMP Strength Score
7 / 10 Good
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Workmates Core2Cloud Solution IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
🏦 QIB — 1,622,400 (47%) —
💼 NII / HNI — 489,600 (14%) —
👤 Retail (RII) — 1,140,000 (33%) —
📊 Market Maker — 171,600 (5%) —
Σ Total — 3,423,600 (100%) —

* Amount calculated at upper price band (₹204) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
🏦
QIB ? 1,622,400 (47%)
47%
💼
NII / HNI ? 489,600 (14%)
14%
👤
Retail (RII) ? 1,140,000 (33%)
33%
📊
Market Maker ? 171,600 (5%)
5%
Total Shares Offered 3,423,600 (100%)
Workmates Core2Cloud Solution IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 2
Shares / Lot 1,200
Min. Investment ₹244,800
💼 HNI Investors ?
Min. Lots 3
Min. Shares 1,800
Min. Investment ₹367,200
Workmates Core2Cloud Solution IPO Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue EPS ?
₹ 14
Post-Issue EPS ?
₹ 13
Pre-Issue P/E ?
15 x
Post-Issue P/E ?
15 x
Workmates Core2Cloud Solution IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 17 Nov 2025
  2. 2 📂 Credit of Shares to Demat 17 Nov 2025
Investor Interpretation
  • Retail allocation is good at 33% of the total offering.
  • HNI/NII demand is good at 14%.
  • Institutional (QIB) interest is strong at 47%.
  • The IPO P/E of 15x reflects a good valuation relative to typical market ranges.
  • Pre-issue EPS of ₹14 compares to post-issue EPS of ₹13 after dilution.

This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.

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Workmates Core2Cloud Solution IPO Subscription FAQs
Subscription data for Workmates Core2Cloud Solution IPO is not available right now. Numbers are updated here during the bidding window.
In Workmates Core2Cloud Solution IPO, retail investors can apply for a minimum of 2 lot(s) (₹₹244,800); HNI/sNII minimum 3 lots (₹₹367,200).
Shares offered by category — QIB 1,622,400 (47%) shares, Retail 1,140,000 (33%) shares.
Workmates Core2Cloud Solution IPO valuation — pre-issue EPS ₹13.91, post-issue EPS ₹13.41, pre-issue P/E 14.66, post-issue P/E 15.21.
Subscription is shares bid for divided by shares offered in that category. If 10 lakh shares are offered and 50 lakh are bid for, the category is subscribed 5 times. Final numbers are confirmed after the bidding closes.
The NII category covers investors applying for shares outside the retail investor category, while HNI commonly refers to high-value investors within the NII category. Understanding the Workmates Core2Cloud Solution IPO's NII and HNI subscription levels helps investors assess demand for the Workmates Core2Cloud Solution IPO and overall investor interest.

GMP and IPO data are unofficial and for information only — not investment advice. Read the full disclaimer.