Workmates Core2Cloud IPO Sees Exceptional Demand, Subscribed 141.38x on Day 3

Workmates Core2Cloud Limited's initial public offering (IPO) has demonstrated exceptional investor demand through its third day of subscription. The stock price band is set at ₹200–₹204 per share. The ₹69.84 crore IPO reached 141.38 times by 5:34:41 PM on day three.
Workmates Core2Cloud IPO non-institutional investors segment leads with exceptional 202.96 times subscription. Qualified institutional buyers demonstrate exceptional participation at 147.03 times. Individual investors display exceptional interest at 111.64 times. 

Workmates Core2Cloud IPO subscription reached exceptional 141.38 times on day three. It was led by Non-Institutional Investors (202.96x), Qualified Institutional Buyers Ex-Anchor (147.03x), and Individual Investors (111.64x). Total applications reached 1,30,049.

Subscription Status of Workmates Core2Cloud IPO:

Here are the subscription details for Workmates Core2Cloud IPO as of Day 3 (November 13, 2025, 5:34:41 PM):

Workmates Core2Cloud IPO Reservation

Key Highlights - Day 3:

• Overall subscription reached exceptional 141.38 times, showing extraordinary improvement from day two’s 8.40 times.
• Qualified institutional buyers (ex-anchor) showing exceptional performance at 147.03 times, building dramatically from day two’s 1.48 times, indicating very strong institutional interest.
• Individual investors displaying exceptional participation at 111.64 times, building significantly from day two’s 10.19 times, indicating strong retail demand.
• Total applications reached 1,30,049, showing exceptional investor participation for this SME IPO.

Workmates Core2Cloud IPO - Day 2 Subscription at 8.40 Times

Key Highlights - Day 2:

• Overall subscription reached strong 8.40 times, showing substantial improvement from day one’s 1.63 times.
• Qualified institutional buyers showing strong performance at 1.48 times, indicating early institutional interest.
• Non-institutional investors displaying strong confidence at 13.58 times, building substantially from day one’s 3.63 times.
• Individual investors showing strong performance at 10.19 times, building substantially from day one’s 1.72 times.

Workmates Core2Cloud IPO - Day 1 Subscription at 1.63 Times

Key Highlights - Day 1:

• Overall subscription reached moderate 1.63 times, showing positive initial investor interest.
• Qualified institutional buyers showing limited participation at 0.00 times, indicating bids yet to open.
• Non-institutional investors displaying moderate confidence at 3.63 times, showing early HNI traction.
• Individual investors showing measured performance at 1.72 times, indicating early retail participation.

About Workmates Core2Cloud Solution Limited

 Incorporated in 2018, Workmates Core2Cloud Solution Limited, based in Kolkata, is an AWS Premier Consulting Partner offering scalable and innovative cloud solutions across India. The company provides end-to-end services across cloud migration, DevOps and automation, cybersecurity, analytics, and application development. It also offers SAP infrastructure support and emerging technology solutions like IoT, AI/ML, and blockchain.
 As of March 31, 2025, the company has completed over 350 projects for 200+ clients across industries including finance, healthcare, retail, and e-commerce. The company’s team strength stands at 129 professionals.