Workmates Core2Cloud SME IPO hints at strong debut with elevated GMP

Workmates Core2Cloud’s SME IPO opened for listing on 18 November with a strong grey‑market premium, reflecting investor optimism for cloud‑services issuers.

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Workmates Core2Cloud SME IPO hints at strong debut with elevated GMP

Workmates Core2Cloud SME IPO hints at strong debut with elevated GMP
On 18 November 2025, the SME platform IPO of Workmates Core2Cloud Solution, a cloud‑migration and managed services firm, opened for listing with a high grey‑market premium (GMP) signalling strong investor demand. The company, an AWS consulting partner, is set to debut on the BSE SME platform today after completing its subscription. Market participants pointed to robust subscription levels as evidence of optimism in cloud‑services focused IPOs despite broader market caution. 
The listing outcome will be closely watched as a barometer for SME issuance sentiment in the current liquidity environment.