ListedSMEIT - SoftwareWORKMATES

Workmates Core2Cloud Solution IPO

Workmates Core2Cloud Solution IPO is an SME IPO raising ₹69 Cr at ₹200 – ₹204 a share. It listed on 18 Nov 2025 at ₹388, +90.0% against its issue price of ₹204, and trades at ₹438 today (+114.8% since issue). It was subscribed 141× in total.

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₹204

Issue price

₹438

Price now

+114.8%

Since issue price

18 Nov 2025

Listed on

141×Subscribed (final) · all exchanges

140.6 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹200 – ₹204

Cut-off price₹204

Issue size₹69 Cr

Shares per lot600

Minimum application₹1,22,400

Minimum quantity1200

Face value₹10

Listing exchangesBSE

ISININE1I1301016

Bidding hours10:00 – 17:00 IST

Bidding window11 Nov 2025 – 13 Nov 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.