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IPO Synopsis
Workmates Core2cloud Solution Ltd
Initial public offer of 34,23,600 equity shares of face value of Rs. 10 each ("Equity Shares") of the company at an offer price of Rs.[*] per equity share (including a share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] Crore ("Public Offer") comprising a fresh issue of 29,08,800 equity shares of face value of Rs. 10 each aggregating to Rs. [*] Crore (the "Fresh Issue") and an offer for sale of 5,14,800 equity shares of face value of Rs. 10 each comprising of 1,25,452 , 1,25,452 , 62,974 ,1,00,461 , 1,00,461 equity shares of face value of Rs. 10 each by Debasish Sarkar, Prajnashree Mohapatra , Shilpa Mohta , Anindya Sen and Anirban Dasgupta (" Selling Shareholders) respectively "Offer For Sale" aggregating to Rs. [*] Crore. Out of public offer 1,71,600 equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] Crore will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 32,52,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] Crore is hereinafter referred to as the "Net Offer". The public offer and net offer will constitute 26.50 % and 25.17 % respectively of the post- offer paid-up equity share capital of the company. Price band: Rs. 200/- to Rs. 204/- per equity share of face value of Rs. 10 each. The floor price is 20.00 times the face value of the equity shares and cap price is 20.40 times of the face value of the equity shares. Bids can be made for a minimum of 1,200 equity shares and in multiples of 600 equity shares thereafter.
Issue
Opens On Closes On
11-Nov-25 13-Nov-25
Money Payable On
Application Allotment
200.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 600
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Horizon Management Private Limited
Project Financed through Current Offer (.Cr) 68.47  
Post Issue Equity Share Capital (.Cr) 12.92
Issue Price () 200.00
Projects
Prepayment or repayment of secured loan availed by our Company from Banks / Financial Institutions.
Funding of Working Capital requirement of our company.
Promoted By
Debasish Sarkar
Kamal Nath
Anirban Dasgupta
Listing At
BSE - SME
Registrar to the Issue
No Data Available

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