Workmates IPO Opens on November 11, Aims to Raise Rs 69.84 Crore

Workmates IPO Opens on November 11, Aims to Raise Rs 69.84 Crore November 10, 2025

Ahemdabad: The Rs 69.84 crore initial public offering (IPO) of Kolkata-based cloud and digital transformation company Workmates Core2Cloud Solution Ltd. will open on November 11, with a price band of Rs 200 to Rs 204 per equity share, an official statement said.

As per the company, “Anchor bids will open on November 10. The company will issue 34,23,600 equity shares comprising a fresh issue of 29,08,800 equity shares and offer for sale of 5,14,800 equity shares. The shares will be listed on the Bombay Stock Exchange’s SME platform. Horizon Management is the book running lead manager of the issue. “

As per the press release, “Workmates plans to use the net proceeds from the issue for prepayment or repaymen