The Purple Wave Infocom IPO GMP continues to be a point of interest among SME IPO watchers as the company rolls out its ₹31.45 crore public issue. This IPO is a 100% fresh issue of 25 lakh equity shares, planned to support working capital needs, fund expansion opportunities, and strengthen the company’s long-term business roadmap.

The IPO opens for subscription on November 28, 2025, and will close on December 2, 2025. The allotment outcome is expected on December 3, 2025, while the shares are proposed to debut on the BSE SME platform on December 5, 2025, depending on approvals and broader market sentiment.

Purple Wave Infocom IPO – Key Highlights

Price Band: ₹120 – ₹126 per share

Minimum Lot Size: 1,000 shares

Retail Investment (2 lots – 2,000 shares): approx. ₹2,52,000 (upper band)

HNI Investment (3 lots – 3,000 shares): approx. ₹3,78,000

These entry points position the IPO in a mid-range category within the SME segment, making it accessible for both retail and HNI participants looking at tech-enabled businesses.

Purple Wave Infocom IPO GMP Today – Latest Market Sentiment

As per the most recent update, the Purple Wave Infocom IPO GMP today stands at ₹0, indicating no premium or discount in the grey market at this stage. With the upper band priced at ₹126, the projected listing price also stands at ₹126, suggesting 0% expected listing gain or downside based on current grey market sentiments.

The GMP has remained unchanged for the past few sessions, mirroring a balanced or wait-and-watch attitude among grey market traders. Such neutral movement often shifts as soon as subscription numbers start gaining momentum.

Grey Market Overview & Investor Mood

The steady GMP pattern suggests that the market is closely observing factors such as:

Early subscription numbers

Retail and HNI bidding strength

Broader market volatility

QIB interest (if any)

SME IPO GMP typically reacts sharply once the subscription window opens fully, particularly on Day 2 and Day 3 when investor demand becomes clearer.

Since Purple Wave Infocom is offering a completely fresh issue, sentiment will largely depend on its business fundamentals, revenue visibility, and valuation comfort.

Daily GMP Updates – Follow Finowings

We will continue tracking and updating the Purple Wave Infocom IPO GMP every day to help investors monitor:

Real-time grey market premium

Estimated listing price

Market mood ahead of listing

Subscription progress

Stay connected with Finowings for the latest inputs on: