Comparison between Nikita Papers IPO and Workmates Core2Cloud IPO.
Nikita Papers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Workmates Core2Cloud IPO is a SME Bookbuilding proposed to list at BSE SME.
| Nikita Papers IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fast Track Finsec Pvt.Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Nikita Papers IPO is up to ₹64.15 Cr whereas the issue size of the Workmates Core2Cloud IPO is up to ₹0.00 Cr. The final issue price of Nikita Papers IPO is ₹104.00 per share and of Workmates Core2Cloud IPO is .
| Nikita Papers IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹95.00 per share | |
| Issue Price (Upper) | ₹104.00 per share | |
| Issue Price (Final) | ₹104.00 per share | |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | |
| Fresh Issue Size | 61,68,000 shares | 29,75,000 shares |
| Fresh Issue Size (Amount) | up to ₹64.15 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 5,15,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 61,68,000 shares | 34,90,000 shares |
| Issue Size Total (Amount) | up to ₹64.15 Cr | up to ₹0.00 Cr |
Nikita Papers IPO opens on May 27, 2025, while Workmates Core2Cloud IPO opens on . The closing date of Nikita Papers IPO and Workmates Core2Cloud IPO is May 29, 2025, and , respectively.
| Nikita Papers IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| Anchor Bid Date | May 26, 2025 | |
| Issue Open | May 27, 2025 | |
| Issue Close | May 29, 2025 | |
| Basis Of Allotment (Tentative) | May 30, 2025 | |
| Initiation of Refunds (Tentative) | Jun 02, 2025 | |
| Credit of Share (Tentative) | Jun 02, 2025 | |
| Listing date (Tentative) | Jun 03, 2025 | |
| Anchor Lockin End date 1 | Jun 30, 2025 | |
| Anchor Lockin End date 2 | Aug 28, 2025 |
Nikita Papers IPO P/E ratio is 11.39, as compared to Workmates Core2Cloud IPO P/E ratio of .
| Nikita Papers IPO | Workmates Core2Cloud IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Nikita Papers Limited Financial Information (Restated)
| Workmates Core2Cloud Solution Limited Financial Information (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 80.38 | 98.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.219 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹256.55 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.45% | 85.10% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.71% | 122.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.45% | 59.70 % | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Nikita Papers IPO Retail Individual Investors (RII) are offered 21,58,800 shares while in Workmates Core2Cloud IPO retail investors are offered 21,58,800 shares. Qualified Institutional Buyers (QIB) are offered 22,15,200 shares in Nikita Papers IPO and in Workmates Core2Cloud IPO.
| Nikita Papers IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| Anchor Investor Reserveration | 8,68,800 shares | |
| Market Maker Reserveration | 3,26,400 shares | |
| QIB | 22,15,200 shares | |
| NII | 9,25,200 shares | |
| RII | 21,58,800 shares | |
| Employee | 0 shares | |
| Others | ||
| Total | 61,68,000 shares |
Nikita Papers IPO subscribed 1.43x in total, whereas Workmates Core2Cloud IPO subscribed .
| Nikita Papers IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| QIB (times) | 0.74x | |
| NII (times) | 2.11x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.84x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.43x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
