Workmates Core2Cloud Solution Limited IPO Analysis

10 November 2025

Cloud is no longer a choice—it’s the new digital infrastructure of business. Riding this megatrend, Workmates Core2Cloud Solutions Limited's Upcoming IPO is making its debut, positioning itself as a homegrown cloud transformation partner for Indian enterprises. 

As hyperscalers dominate the global stage, the question for investors is simple yet crucial:

Can Workmates scale sustainably in a market that rewards both speed and specialisation? 

Let’s explore further:

Parameter	Details
Issue Type	Fresh Capital-cum-Offer for Sale
Issue Size	Fresh Issue of INR 59.34 crores and OFS of INR 10.50 crores
Price Band	INR 200-204 per share
Lot Size	600 shares
Net Issue	34,23,600 Shares
QIB Portion	16,22,400  Shares
NII Portion	4,89,600 Shares
Retail Portion	11,40,000  Shares
Listing Platform	NSE EMERGE
Issue Opens	November 11, 2025
Issue Closes	November 13, 2025
Listing Date	November 18, 2025

The Workmates Core2Cloud Solutions Ltd Share Price will be finalized post-allotment, while grey market cues through the Workmates Core2Cloud Solutions Ltd IPO GMP will likely reflect market sentiment closer to listing.

Industry Overview

India’s cloud services industry is in the middle of a powerful growth cycle, expected to more than double from about USD 14–16 billion in FY24 to over USD 35 billion by FY28. The surge is being fuelled by businesses shifting operations online, the rise of AI-driven workloads, and new data protection laws that encourage local cloud adoption. 

While global giants like AWS, Azure, and Google dominate infrastructure, Indian firms such as Workmates Core2Cloud are gaining ground in managed services—helping enterprises migrate, secure, and optimise cloud environments. As mid-sized companies go digital, demand for multi-cloud, DevOps, and cybersecurity solutions is surging, making agility and specialisation the key to long-term success.

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