Workmates Core2Cloud Solution
Open Date
11 Nov 2025
Close Date
13 Nov 2025
Min Investment
₹244800
Lot Size
1200 Shares
Issue Size
₹69.84 Cr
Price Range
₹200 - ₹204
Listing Date
Nov 18, 2025
IPO Doc
RHP PDFAbout Workmates Core2Cloud Solution
Workmates Core2Cloud Solution Limited, a Kolkata-based AWS Premier Consulting Partner, has earned its name for scalable and innovative cloud solutions across India. It has grown rapidly since its inception in 2018 and has successfully completed over 350 projects for more than 200 clients across industries like finance, healthcare, retail, e-commerce, and media.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.SAP Infrastructure Support: Expertise in migrating and managing SAP workloads on AWS.Emerging Technologies: Services include IoT, Blockchain, AI/ML, VR, and AR.As of March 31, 2025, the company had a total strength of 129 in various departments.
Checklist Quality Analysis
Revenue Growth
Company Valuation
Earning Expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.
Workmates Core2Cloud Solution IPO - Issue Objectives
The company will use up to ₹8.60 crore towards repayment of outstanding secured loans. The company will use up to ₹29.20 crore for funding working capital requirements. Part of the IPO proceeds will be used for general corporate purposes
Repayment of loans
14.4%
Working capital
49.2%
General corporate purposes
36.3%
Repayment of loans
The company will use up to ₹8.60 crore towards repayment of outstanding secured loans.
Working capital
The company will use up to ₹29.20 crore for funding working capital requirements.
General corporate purposes
Part of the IPO proceeds will be used for general corporate purposes
IPO Subscription Status
Financials of Workmates Core2Cloud Solution
In Cr.
Revenue: ₹59.55
EBITDA: ₹10.62
Profit: ₹7.22
| Key Performance Indicator | 31-Aug-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 59.55 | 108.39 | 53.53 | 29.14 |
| EBITDA | 10.62 | 19.05 | 7.70 | 2.70 |
| Expenses | ||||
| Profit After Tax | 7.22 | 13.93 | 5.35 | 1.86 |
| Assets | 69.44 | 62.16 | 24.57 | 11.14 |
| Net Worth | 30.10 | 22.89 | 8.96 | 3.61 |
| Reserves | 20.09 | 22.88 | 8.95 | 3.60 |
| Borrowing | 8.68 | 8.79 |
Workmates Core2Cloud Solution - Promoter(s)
Workmates Core
Cloud Solution
N/A
N/A
Registrar Contact Details
MUFG Intime India Pvt.Ltd
Flat 7, 3rd Floor, 3A Rammohan Mullick Garden Lane Kolkata, West Bengal, 700010
Workmates Core2Cloud Solution IPO - FAQs
Live IPOs
CMR Green Technologies
Vahh Chemicals
UHM Vacation
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
CMR Green Technologies Mainboard BSE NSE | 3rd Jun 2026 - 5th Jun 2026 | 630.88 Cr | 78 Shares | ₹ 182.00 | |
Vahh Chemicals SME | 4th Jun 2026 - 8th Jun 2026 | 13.45 Cr | 2000 Shares | ₹ 60.00 | |
UHM Vacation SME | 4th Jun 2026 - 8th Jun 2026 | 36.02 Cr | 800 Shares | ₹ 166.00 | |
 Hexagon Nutrition Mainboard | 5th Jun 2026 - 9th Jun 2026 | 138.87 Cr | 333 Shares | ₹ 42.00 |
