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Workmates Core2Cloud IPO attracts massive 141x demand from institutional and retail buyers
Workmates Core2Cloud’s IPO hit 141x subscription in three days, showing exceptional institutional and retail demand for cloud-infrastructure businesses.
Workmates Core2Cloud’s IPO continued to see overwhelming interest as total subscription reached 141 times within three days. Strong demand from non-institutional investors and robust institutional participation propelled the oversubscription. Analysts said the company’s cloud infrastructure positioning, enterprise customer base, and predictable revenue profile contributed to the exceptional response.
Market watchers noted that this listing is among the most sought-after SME offerings of the year, signaling sustained appetite for digital infrastructure companies with scalable business models.