Workmates Core2cloud Solution Ltd IPO

Issue:₹204

List:₹387.6

CMP:₹354.25

NSELot: 600IT - Software

LISTEDSME

Issue Price₹204

Listing₹387.6

Current₹354.25

Price Band

₹200 - ₹204

Lot Size

600

Issue Size

₹69.84 Cr

GMP

₹0

Subscription

1.63x

Content

IPO Schedule

Open

11 Nov

13 Nov

Allotment

14 Nov

Listing

18 Nov

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.

Subscription Status

QIB

0.00x

NII

3.63x

Retail

1.72x

Category	Day 3	Day 2	Day 1
QIB	147.03x	1.48x	0.00x
NII	202.96x	13.58x	3.63x
Retail	111.64x	10.19x	1.72x
Total	141.38x	8.40x	1.63x

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.