Description

BSE circular announcing the allocation of shares to anchor investors in the public issue of WORKMATES CORE2CLOUD SOLUTION LIMITED.

Summary

BSE has announced the allocation of shares to anchor investors for the public issue of WORKMATES CORE2CLOUD SOLUTION LIMITED. This allocation occurs one day prior to the issue opening date and helps establish price discovery for the IPO.

Key Points

  • Company: WORKMATES CORE2CLOUD SOLUTION LIMITED
  • Anchor investor allocation completed as per SEBI regulations
  • Allocation details available in attached circular
  • Part of the company’s public issue process

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Exchange notification of anchor investor allocation as per SEBI ICDR Regulations
  • Disclosure requirements for pre-IPO anchor allocation fulfilled

Important Dates

  • Circular Date: November 10, 2025
  • Anchor investor bidding completed prior to public issue opening

Impact Assessment

Anchor investor allocation is a positive indicator for the upcoming IPO as it demonstrates institutional confidence. The allocation provides price discovery and can influence retail investor sentiment when the issue opens for public subscription. This is a standard procedure for public issues and helps ensure successful price discovery and market acceptance.

Impact Justification

Anchor investor allocation is a standard pre-IPO procedure that provides price discovery and indicates institutional interest in the public issue