Workmates Core2Cloud Solution

Workmates Core2Cloud Solution Limited - IPO

SME

Workmates Core2Cloud Solution IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
10010000
Share holding post issue
12985000
Total Issue Size
34,90,000 shares (aggregating up to ₹0.00 Cr)
Fresh Issue
29,75,000 shares (aggregating up to ₹0.00 Cr)
Offer for Sale
5,15,000 shares (aggregating up to ₹0.00 Cr)
DRHP Status
Filed with Exchange

Workmates Core2Cloud Solution IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Workmates Core2Cloud Solution IPO Reservation

Promoter Holding

Pre Issue:98.10%
Post Issue:-
Promoter Names:
Debasish Sarkar, Prajnashree Mohapatra, Shilpa Mohta, Anindya Sen, Anjali Awasthi, Anirban Dasgupta, Kamal Nath.

Workmates Core2Cloud Solution IPO Valuations

ROE:85.10%
ROCE:122.44%
RONW:59.70 %
PAT MARGIN:9.99

Workmates Core2Cloud Solution Limited Financial Information

Period Ended30 Nov 202431 Mar 202431 Mar 202331 Mar 2022
Assets52.3824.5711.144.76
Revenue64.0853.5329.1412.81
Profit After Tax9.455.351.861.25
Net Worth18.418.963.611.75
Reserves and Surplus18.408.953.601.74
Total Borrowing8.880.000.000.00
Amount in ₹ Crore

About Workmates Core2Cloud Solution IPO

Workmates Core2Cloud Solution Limited, based in Kolkata, is an AWS Premier Consulting Partner known for scalable and innovative cloud solutions across India. Founded in 2018, the company has rapidly expanded, completing over 350 projects for more than 200 clients across various industries, including finance, healthcare, retail, e-commerce, and media.

Workmates Core2Cloud specialises in a comprehensive range of cloud services:

  • Cloud Migration & Managed Services: Seamless transition and management of applications on AWS, ensuring optimized performance and cost-efficiency.
  • DevOps & Automation: Implementation of CI/CD pipelines and infrastructure automation using tools like AWS CloudFormation.
  • Cybersecurity & Analytics: Robust security solutions for cloud and hybrid environments, coupled with data analytics services.
  • Application Development: Custom application solutions tailored to business needs.
  • SAP Infrastructure Support: Expertise in migrating and managing SAP workloads on AWS.
  • Emerging Technologies: Services encompassing IoT, Blockchain, AI/ML, VR, and AR. 

As of March 31, 2025, the company had a total strength of 129 in various departments.

Competitive Strength:

  • Customer Satisfaction and Long-Standing Relationships.
  • Experienced Promoters and Proven Leadership.
  • Scalable, Capital-Efficient Business Model

Strength Of Workmates Core2Cloud Solution IPO

To be announced

Risk Of Workmates Core2Cloud Solution IPO

To be announced

Objectives Workmates Core2Cloud Solution IPO

1. Prepayment or repayment of secured loan availed by the Company from Banks / Financial Institutions

2. Funding of Working Capital requirement of the company.

3. General corporate purposes

Company Contact Details

Workmates Core2Cloud Solution Limited
Flat 7, 3rd Floor, 3A
Rammohan Mullick Garden Lane
Kolkata, West Bengal
Phone: + 91 33 450 8492
Email: cs@cloudworkmates.com
Website: http://www.cloudworkmates.com/

Registrar Contact Details

Name: MUFG Intime India Private Limited
Phone: +91-22-4918 6270

Lead Mangers

  1. Horizon Management Private Limited

Market Maker

To be announced

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