workmates core2cloud solution limitefd IPO
IPO Overview
Workmates core2cloud solution limitefd IPO is a SME public issue offered through a Fixed Price issue with a total issue size of ₹69.84 Cr. The IPO price band is set at ₹200 to ₹204 per share, and retail investors can apply with a minimum investment of ₹2.45 L as per IPO guidelines.
The Workmates core2cloud solution limitefd IPO opens on 11 Nov 2025 and closes on 13 Nov 2025. The IPO allotment is expected to be finalized on 14 Nov 2025, and the equity shares are proposed to be listed on BSE on 18 Nov 2025.
Investors can refer to the Workmates core2cloud solution limitefd IPO RHP-DRHP for detailed information. The issue is managed by Horizon Management Pvt.Ltd. as the book running lead manager, while MUFG Intime India Private Limited (Link Intime) is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
Workmates Core2Cloud specialises in a comprehensive range of cloud services:
Cloud Migration & Managed Services: Seamless transition and management of applications on AWS, ensuring optimized performance and cost-efficiency.
DevOps & Automation: Implementation of CI/CD pipelines and infrastructure automation using tools like AWS CloudFormation.
Cybersecurity & Analytics: Robust security solutions for cloud and hybrid environments, coupled with data analytics services.
Application Development: Custom application solutions tailored to business needs.
SAP Infrastructure Support: Expertise in migrating and managing SAP workloads on AWS.
Emerging Technologies: Services encompassing IoT, Blockchain, AI/ML, VR, and AR.
As of March 31, 2025, the company had a total strength of 129 in various departments.
Competitive Strength:
Customer Satisfaction and Long-Standing Relationships.
Experienced Promoters and Proven Leadership.
Scalable, Capital-Efficient Business Model
Investment Objective
Funding of Working Capital requirement of the company.
General corporate purposes