Comparison between Arc Distributors IPO and Workmates Core2Cloud IPO.
Arc Distributors IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Workmates Core2Cloud IPO is a SME Bookbuilding proposed to list at BSE SME.
| Arc Distributors IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Cumulative Capital Pvt.Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Arc Distributors IPO is up to ₹0.00 Cr whereas the issue size of the Workmates Core2Cloud IPO is up to ₹66.34 Cr. The final issue price of Arc Distributors IPO is and of Workmates Core2Cloud IPO is ₹204.00 per share.
| Arc Distributors IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹200.00 per share | |
| Issue Price (Upper) | ₹204.00 per share | |
| Issue Price (Final) | ₹204.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 600 shares | |
| Fresh Issue Size | 24,00,000 shares | 27,37,200 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹55.84 Cr |
| OFS Issue Size | 0 shares | 5,14,800 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹10.50 Cr |
| Issue Size Total | 24,00,000 shares | 32,52,000 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹66.34 Cr |
Arc Distributors IPO opens on , while Workmates Core2Cloud IPO opens on Nov 11, 2025. The closing date of Arc Distributors IPO and Workmates Core2Cloud IPO is , and Nov 13, 2025, respectively.
| Arc Distributors IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| Anchor Bid Date | Nov 10, 2025 | |
| Issue Open | Nov 11, 2025 | |
| Issue Close | Nov 13, 2025 | |
| Basis Of Allotment (Tentative) | Nov 14, 2025 | |
| Initiation of Refunds (Tentative) | Nov 17, 2025 | |
| Credit of Share (Tentative) | Nov 17, 2025 | |
| Listing date (Tentative) | Nov 18, 2025 | |
| Anchor Lockin End date 1 | Dec 13, 2025 | |
| Anchor Lockin End date 2 | Feb 11, 2026 |
Arc Distributors IPO P/E ratio is , as compared to Workmates Core2Cloud IPO P/E ratio of 14.66.
| Arc Distributors IPO | Workmates Core2Cloud IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)Workmates Core2Cloud Solution Ltd.'s revenue increased by 102% and profit after tax (PAT) rose by 160% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.4 | 98.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹263.54 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 136.14% | 67.44% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 93.44% | 64.61% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 81% | 60.85% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arc Distributors IPO Retail Individual Investors (RII) are offered while in Workmates Core2Cloud IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Arc Distributors IPO and 6,62,400 shares in Workmates Core2Cloud IPO.
| Arc Distributors IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,60,000 shares | |
| Market Maker Reservation | 1,71,600 shares | |
| QIB | 6,62,400 shares | |
| NII | 4,89,600 shares | |
| RII | 11,40,000 shares | |
| Employee | 0 shares | |
| Others | ||
| Total | 32,52,000 shares |
Arc Distributors IPO subscribed in total, whereas Workmates Core2Cloud IPO subscribed 141.38x.
| Arc Distributors IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| QIB (times) | 147.03x | |
| NII (times) | 202.96x | |
| Big NII (times) | 244.88x | |
| Small NII (times) | 119.11x | |
| RII (times) | 111.64x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 141.38x |
