Workmates Core2Cloud IPO Subscription Details

Bookbuilding IPO | ₹70 Cr | Listed at BSE SME | Tue, Nov 11, 2025 - Thu, Nov 13, 2025

Basis of Allotment - Workmates Core2Cloud IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)6,62,4009,60,00016,22,4001,63,2003,26,4004,89,60011,40,00032,52,000
Allotment price (Rs.)204204204204204204204204
No.of applications10261089,83513,57123,4061,05,5851,29,099
No.of shares applied9,73,31,40012,94,2009,86,25,6001,96,89,0007,98,78,6009,95,67,60012,67,02,00032,48,95,200
Amount collected (Rs.cr.)1,985.56 26.40 2,011.96 401.66 1,629.52 2,031.18 2,584.72 6,627.86
No.of times subscribed146.941.3560.79120.64244.73203.37111.1499.91
No.of shares allotted6,62,4009,60,00016,22,4001,63,2003,26,4004,89,60011,40,00032,52,000
Amount (Rs.cr.)13.51 19.58 33.10 3.33 6.66 9.99 23.26 66.34
No.of allottees88593901812719501,314

IPO Shares Offered

Workmates Core2Cloud IPO is a public issue of 0.33 Cr equity shares. The issue offers 0.11 Cr shares to retail investors, 0.16 Cr shares to qualified institutional buyers, and 0.05 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,71,6003.50 5.01%
QIB 16,22,40033.10 47.39%
    Anchor 9,60,000 19.58 28.04%
    QIB (Ex Anchor) 6,62,400 13.51 19.35%
NII* 4,89,6009.99 14.30%
    bNII (> ₹10L)3,26,4006.66 9.53%
    sNII (< ₹10L)1,63,2003.33 4.77%
Retail11,40,00023.26 33.30%
Total34,23,60069.84 100%

Workmates Core2Cloud IPO Anchor Investor Allocation

A total of 9,60,000 shares at a price of Rs 204 per share will be allotted to the anchor investors.

Anchor investors bid opening dateNov 10, 2025
Anchor investor price₹204.00
Anchor investors as % of QIBs59.17%
No. of shares locked-in for 30 days4,80,000
No. of shares locked-in for 90 days4,80,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 BHARAT VENTURE OPPORTUNITIES FUND BHARAT VENTURE 2,94,000 6.00 30.63 8.59
2 INVICTA CONTINUUM FUND I INVICTA 4,93,200 10.06 51.38 14.41
3 AVORA SME FUND I AVORA 49,200 1.00 5.13 1.44
4 VISIONARY VALUE FUND VISIONARY VALUE FUND 74,400 1.52 7.75 2.17
5 AMICORP CAPITAL (MAURITIUS) LTD. AMICORP 49,200 1.00 5.13 1.44
9,60,00019.5810028.04

IPO Subscription FAQs

The Workmates Core2Cloud IPO is subscribed 141.38 times by Nov 13, 2025 18:19.

Workmates Core2Cloud IPO Subscription

Investor Category Subscription (times)
Qualified Institutional147.03
Non Institutional202.96
Retail Individual111.64
Total Subscription141.38

Retail category of Workmates Core2Cloud IPO subscribed 111.64 times as of date Nov 13, 2025 18:19. The public issue closes on Thu, Nov 13, 2025 for bidding.

An investor can apply in Workmates Core2Cloud IPO online via bank (using ASBA) or the broker (using UPI). The Workmates Core2Cloud IPO shares are offered online only.

The Workmates Core2Cloud IPO is subscribed 141.38 times by Nov 13, 2025 18:19.

The Workmates Core2Cloud IPO allotment status is expected on or around Friday, November 14, 2025. Visit Workmates Core2Cloud IPO allotment status to check.

The Workmates Core2Cloud IPO listing date is November 18, 2025. The equity share of Workmates Core2Cloud IPO will list on BSE SME.

Visit Workmates Core2Cloud IPO subscription status page for real-time bidding information about Workmates Core2Cloud IPO.

Workmates Core2Cloud IPO Timetable

IPO opens OnTuesday, November 11, 2025
IPO Closes OnThursday, November 13, 2025
Finalisation of Basis of AllotmentFriday, November 14, 2025
Initiation of RefundsMonday, November 17, 2025
Credit of Shares to Demat AccountMonday, November 17, 2025
IPO Listing DateTuesday, November 18, 2025
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