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Workmates Core2cloud Solution Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Workmates Core2cloud Solution Ltd IPO

Registered Office: Flat 7, 3rd Flr 3A Rammohan,Mullicj Garden Lane , Kolkata - 700010 , West Bengal , India.
Phone : +91 33 4508 4924   Fax:
Email :  cs@cloudworkmates.com  
Website :  www.cloudworkmates.com
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)204/- per equity share (including a share premium of (Rs)194/- per equity share) for cash, aggregating (Rs)69.84 crores ("public offer") comprising a fresh offer of 29,08,800 equity shares of face value of (Rs)10/- each aggregating to (Rs)59.34 crores (the "fresh offer") 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)10.50 crores. out of public offer 1,71,600 equity shares of face value of (Rs)10/- each, at an offer price of (Rs)204/- per equity share for cash, aggregating (Rs)3.50 crores 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)204/- per equity share for cash, aggregating up to (Rs)66.34 crores 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.

Issue Money Payable On
Opens On Closes On Application Allotment
11-Nov-25 13-Nov-25 (Rs)204.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :600

  (Rs Cr) Lead Managers to the Issue
Project Cost 47.80
Horizon Management Private Limited
Project Financed through Current Offer 69.84  
Post Issue Equity Share Capital 12.92  
Issue Price (Rs)204.00  
 
Projects
Prepayment or repayment of secured loan availed by our Company from Banks / Financial Institutions.General corporate purposes
Funding of Working Capital requirement of our company.
Promoted By
Debasish Sarkar  
Kamal Nath  
Anirban Dasgupta  
Listing At
BSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd