Workmates Core2Cloud shares soar 90% on debut
Workmates Core2Cloud made a splashy entry on the BSE SME platform, with its stock opening at ₹387.60—up 90% from the IPO price of ₹204.
This strong debut pushed the company's market cap past ₹500 crore.
What does Workmates Core2Cloud actually do?
Based in Kolkata, this company helps businesses shift to and manage cloud systems using AI and automation.
As an AWS Premier Tier Services Partner, they focus on secure migration and management for sectors like IT, banking, manufacturing, and e-commerce—offering round-the-clock monitoring and data-driven insights.
Other details
Their IPO raised ₹69.84 crore and was oversubscribed by a massive 141 times between November 11-13.
Founded in 2018, Workmates Core2Cloud has already handled over 350 projects for more than 200 clients, showing just how quickly they've grown in India's tech scene.