Price Band
₹200 - ₹204
Lot Size
600
Issue Size
₹69.84 Cr
GMP
N/A
Subscription
141.38x
Analyzing...
IPO Schedule
1
Open
11 Nov 2025
2
Close
13 Nov 2025
3
Allotment
14 Nov 2025
4
Listing
18 Nov 2025
About Workmates Core2cloud Solution Ltd
Workmates Core2cloud Solution Ltd is an SME focused on providing IT solutions and services. Specific details about their services and target market are necessary for a complete overview, but generally, they likely offer cloud-based solutions and IT support to businesses.
Key Strengths
- Focus on cloud solutions, which are in high demand.
- Potential for recurring revenue through service contracts.
- Being an SME allows for agility and quick adaptation to market changes.
- Opportunity to capture market share within their niche.
- The IPO provides capital for expansion and growth initiatives.
Risk Factors
- •Limited financial history and lack of key financial metrics (ROE, P/E) make valuation challenging.
- •SME segment implies higher volatility and potential liquidity issues.
- •Intense competition from larger, established IT companies.
Valuation Analysis
Given the unavailability of key financial metrics like ROE and P/E, a definitive valuation is impossible. Investors should carefully consider the company's growth prospects and competitive landscape before making an investment decision, keeping in mind the risks associated with SME IPOs.
IPO Details
ExchangeNSE
SegmentSME
NSE SymbolWORKMATES
Face Value₹10
Lot Size600
Issue Size₹69.84 Cr
Key Metrics
Industry P/E20
Growth & Quality
Revenue Growth (YoY)60.1%
Anchor Investors8
Subscription
Total1.63x
Imbalance Ratio1.5x
Documents
Key Dates
Open Date11 Nov 2025
Close Date13 Nov 2025
Allotment14 Nov 2025
Listing18 Nov 2025