Workmates Core2Cloud Solution Limited IPO Details
SME
Workmates Core2Cloud Solution IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.
Workmates Core2Cloud Solution IPO total issue size comprises 34,90,000 shares . This includes a fresh issue of 29,75,000 shares . Offer for Sale consists of 5,15,000 shares . Pre-issue shareholding stands at 1,00,10,000, which will increase to 1,29,85,000 post-issue.
The Lead Managers for Workmates Core2Cloud Solution IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Horizon Management Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Workmates Core2Cloud Solution Limited DRHP.
Workmates Core2Cloud Solution IPO Details
Workmates Core2Cloud Solution IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Workmates Core2Cloud Solution IPO Reservation
Promoter Holding
Documents
Workmates Core2Cloud Solution IPO Valuations
Workmates Core2Cloud Solution Financial Information
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 52.38 | 24.57 | 11.14 | 4.76 |
| Revenue | 64.08 | 53.53 | 29.14 | 12.81 |
| Profit After Tax | 9.45 | 5.35 | 1.86 | 1.25 |
| Net Worth | 18.41 | 8.96 | 3.61 | 1.75 |
| Reserves and Surplus | 18.40 | 8.95 | 3.60 | 1.74 |
| Total Borrowing | 8.88 | 0.00 | 0.00 | 0.00 |
| 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
Risk Of Workmates Core2Cloud Solution IPO
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
Lead Mangers
Lead Manager Reports
Market Maker
To be announced
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