Workmates Core2Cloud SME IPO Subscription
ListedUpdated 18 November 2025, 9:15 AM IST· BSE SME
Workmates Core2Cloud SME IPO subscription closed on 13 November 2025 at 141.38x overall by shares. QIB demand came in at 147.03x, NII at 203.31x, and retail at 111.64x. See Retail, SHNI, and BHNI allotment chances in…
Workmates Core2Cloud SME IPO subscription closed on 13 November 2025 at 141.38x overall by shares. QIB demand came in at 147.03x, NII at 203.31x, and retail at 111.64x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 14 November 2025. Listing date on NSE and BSE is 18 November 2025.
Workmates Core2Cloud SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 11 Nov 2025 | 0.00x | 3.63x | 1.72x | 1.63x |
| Day 2 - 12 Nov 2025 | 1.48x | 13.58x | 10.19x | 8.40x |
| Day 3 - 13 Nov 2025 | 147.03x | 202.96x | 111.64x | 141.38x |
Workmates Core2Cloud SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Workmates Core2Cloud SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 111.64x | 1 in 112 |
| SHNI (Rs 2L to Rs 10L) | 106.62x | 1 in 107 |
| BHNI (above Rs 10L) | 75.04x | 1 in 75 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Workmates Core2Cloud SME IPO Allotment Status page from 14 November 2025 for your result.
Workmates Core2Cloud SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 204.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 13.51 Cr | Rs 1,986.82 Cr | 147.03x |
| FII | - | Rs 545.55 Cr | - |
| DFI | - | Rs 108.92 Cr | - |
| Mutual Funds | - | Rs 4.80 Cr | - |
| Other | - | Rs 1,327.55 Cr | - |
| NII | Rs 9.99 Cr | Rs 2,030.64 Cr | 203.31x |
| bNII (above Rs 10L) | Rs 6.66 Cr | Rs 1,634.08 Cr | 245.41x |
| Corporate | - | Rs 44.02 Cr | - |
| Individual | - | Rs 1,558.19 Cr | - |
| Other | - | Rs 31.87 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 3.33 Cr | Rs 396.56 Cr | 119.11x |
| Corporate | - | Rs 4.32 Cr | - |
| Individual | - | Rs 388.15 Cr | - |
| Other | - | Rs 4.09 Cr | - |
| IND | Rs 23.26 Cr | Rs 2,596.40 Cr | 111.64x |
| Fixed price | - | Rs 2,596.40 Cr | - |
| Total | Rs 46.76 Cr | Rs 6,613.86 Cr | 141.45x |
Workmates Core2Cloud SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 1,104 | 129 | 0.12x |
| FII | - | 39 | - |
| DFI | - | 4 | - |
| Mutual Funds | - | 2 | - |
| Other | - | 84 | - |
| NII | 272 | 23,284 | 85.60x |
| bNII (above Rs 10L) | 181 | 13,582 | 75.04x |
| Corporate | - | 238 | - |
| Individual | - | 13,166 | - |
| Other | - | 178 | - |
| sNII (Rs 2L to Rs 10L) | 91 | 9,702 | 106.62x |
| Corporate | - | 112 | - |
| Individual | - | 9,492 | - |
| Other | - | 98 | - |
| IND | 950 | 1,06,062 | 111.64x |
| Fixed price | - | 1,06,062 | - |
| Total | 2,326 | 1,29,475 | 55.66x |
What Do These Subscription Numbers Mean?
141.38x overall by shares means bids covered about 141 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 147.03x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (85.60x by applications). Split: SHNI 106.62x, BHNI 75.04x by applications. SHNI and BHNI allotment is by lottery.
At 111.64x subscription by applications, about 1 in 112 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Workmates Core2Cloud SME IPO GMP After Subscription
GMP for Workmates Core2Cloud SME stands at Rs 88.00 today, giving an estimated listing price of Rs 292.00 per share.
A subscription of 141.38x combined with a GMP of 43.14% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Workmates Core2Cloud SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Workmates Core2Cloud SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 11 November 2025 |
| IPO Close Date | 13 November 2025 |
| Allotment Date | 14 November 2025 |
| Refund Initiation | 15 November 2025 |
| Share Credit to Demat | 15 November 2025 |
| Listing Date | 18 November 2025 |
| Minimum Investment | Rs 2,44,800.00 |
| Lot Size | 600 shares |
About Workmates Core2Cloud SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Workmates Core2Cloud SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Workmates Core2Cloud SME Details
Issue size, price, financials, and company info
Workmates Core2Cloud SME GMP
Live grey market premium and listing estimate
Workmates Core2Cloud SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Workmates Core2Cloud SME Allotment
Allotment date, chances, and check by PAN
Workmates Core2Cloud SME Review
SWOT, strengths, risks, and IPO review
Workmates Core2Cloud SME FAQ
Common questions on dates, GMP, and allotment
Workmates Core2Cloud SME Registrar
Registrar website and how to check allotment
Workmates Core2Cloud SME Timeline
Open, close, allotment, and listing dates
Workmates Core2Cloud SME News
Updates, blogs, and latest IPO news
Workmates Core2Cloud SME IPO Subscription FAQs
What is Workmates Core2Cloud SME IPO subscription status today?
Workmates Core2Cloud SME IPO subscription closed on 13 November 2025 with overall subscription of 141.38x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 147.03x, NII 85.60x, IND 111.64x.
What is the overall subscription of Workmates Core2Cloud SME IPO?
Workmates Core2Cloud SME IPO is subscribed 141.38x overall by shares at close on 13 November 2025. QIB 147.03x, NII 85.60x, and IND 111.64x.
What is Workmates Core2Cloud SME IPO QIB subscription?
Workmates Core2Cloud SME IPO QIB (Qualified Institutional Buyers) subscription is 147.03x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Workmates Core2Cloud SME IPO IND subscription?
Workmates Core2Cloud SME IPO IND subscription is 111.64x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Workmates Core2Cloud SME IPO NII, SHNI, and BHNI subscription?
Workmates Core2Cloud SME IPO NII subscription is 85.60x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 106.62x and BHNI (above Rs 10L) at 75.04x.
What are Workmates Core2Cloud SME IPO retail allotment chances?
At 111.64x subscription by applications, about 1 in 112 retail applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Workmates Core2Cloud SME IPO SHNI allotment chances?
At 106.62x subscription by applications, about 1 in 107 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 119.11x. Allotment chances use applications, not share volume.
What are Workmates Core2Cloud SME IPO BHNI allotment chances?
At 75.04x subscription by applications, about 1 in 75 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 245.41x. Allotment chances use applications, not share volume.
When is Workmates Core2Cloud SME IPO allotment date?
Workmates Core2Cloud SME IPO allotment date is 14 November 2025. Check Workmates Core2Cloud SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Workmates Core2Cloud SME IPO subscription close?
Workmates Core2Cloud SME IPO subscription closed on 13 November 2025. No new applications are accepted after the close.
What is Workmates Core2Cloud SME IPO GMP today?
Workmates Core2Cloud SME IPO GMP is ₹88 today (+43.14% over issue price ₹204). See live GMP on the Workmates Core2Cloud SME IPO GMP Today page.
What is Workmates Core2Cloud SME IPO issue price and lot size?
Workmates Core2Cloud SME IPO issue price is ₹204 per share. Lot size is 600 shares. Minimum investment is ₹2,44,800 per lot (minimum 2 lots for SME). Issue size: ₹69.84 Cr.
When is Workmates Core2Cloud SME IPO listing date?
Workmates Core2Cloud SME IPO listing date is 18 November 2025 on NSE and BSE. Allotment is on 14 November 2025.
How does subscription affect Workmates Core2Cloud SME IPO allotment?
In Workmates Core2Cloud SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 141.38x overall, competition is very high.
For allotment results from 14 November 2025, visit the Workmates Core2Cloud SME IPO Allotment Status page. For listing day updates on 18 November 2025, download the IPOwiz App.
Sources
We match Workmates Core2Cloud SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.