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Business / The Economic Times

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Purple Wave Infocom IPO: GMP among key details to know before subscription

Purple Wave Infocoms 31.45 crore SME IPO opened on Friday with no grey-market premium, indicating a neutral debut. The issue, priced at 120126 per share, is a fully fresh offer of 24.96 lakh shares and closes on December 2. Retail investors must bid for at least 2,000 shares, costing 2.52 lakh at the upper band. Allotment is due on December 3, with listing on December 5 on the BSE SME platform.

28 Nov 2025 8:25 am