Purple Wave Infocom Ltd Logo

Purple Wave Infocom Ltd IPO

NSELot: 1000

LISTEDSME
Issue Price126
Listing5.1
Current112
Price Band
120 - ₹126
Lot Size
1,000
Issue Size
₹31.45 Cr
GMP
0
Subscription
0.65x

IPO Schedule

1
Open
28 Nov
2
Close
2 Dec
3
Allotment
3 Dec
4
Listing
5 Dec

About Purple Wave Infocom Ltd

Purple Wave Infocom Ltd is an SME focused on providing IT solutions and services. The company likely specializes in areas such as software development, IT infrastructure management, or other related technological offerings, catering to a specific niche within the IT sector.

Subscription Status

QIB
0.81x
NII
0.35x
Retail
0.70x
CategoryDay 3Day 2Day 1
QIB11.85x0.81x0.81x
NII7.69x2.70x0.35x
Retail3.80x1.07x0.70x
Total6.88x1.35x0.65x

GMP History

DateGMPEst. Listing
2 Dec 2025+₹0126
1 Dec 2025+₹0126
30 Nov 2025+₹0126
29 Nov 2025+₹0126
28 Nov 2025+₹0126

Risk Factors

SME status implies higher vulnerability to economic downturns and competitive pressures compared to larger companies.
Reliance on specific sectors or clients could pose a risk if those relationships are disrupted.
Limited operating history and financial resources compared to established players in the IT industry.