What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Purple Wave Infocom Limited IPO?

Purple Wave Infocom Limited IPO has received a total subscription of 6.95 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Purple Wave Infocom Limited

ListedSME

Technology · BSE

Incorporated in 2007, Purple Wave Infocom Ltd specializes in the sale and integration of digital professional audio-video (PRO AV) equipment, offering end-to-end solutions such as system design, integration, management, cloud-based communication, automation services, and on-site support for clients across India and international markets. The company also provides value-added after-sales services, including annual maintenance contracts, technical support, and repair and maintenance of AV infrastructure. Its diverse product portfolio includes LED displays, USB cameras, speakerphones, professional LED/LCD displays, digital podiums, amplifiers, speakers, and computer kiosks, complemented by cloud-based content management services and live-streaming tools through its proprietary platform, Streampurple. As of September 30, 2025, Purple Wave Infocom Ltd employs 86 permanent staff.

Price Band

₹120 – ₹126

Issue Size

₹31.45 Cr

Lot Size

1000 shares

GMP

—

Est. Listing

₹126

at current GMP

Subscribed

6.95x

overall

Open

28 Nov 2025

2 Dec 2025

Allotment

3 Dec 2025

Refund

4 Dec 2025

Demat Credit

5 Dec 2025

Listing

5 Dec 2025

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

6.95x

Total Demand

QIB Multiplier

11.85x

Institutions & Funds

NII / HNI

8.02x

High Net-Worth

Retail (RII)

3.80x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 6.95x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	480,000	5,687,000	11.85x
NIB	378,000	3,033,000	8.02x
HNIs(10L +)	252,000	2,363,000	9.38x
HNIs (2-10L)	126,000	670,000	5.32x
RETAIL	876,000	3,330,000	3.80x
Total	2,112,000	15,083,000	6.95x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 8.01x

Category	Applications Reserved	Applications Received	Times Subscribed
QIB	—	9	0.00x
NIB	—	396	0.00x
RETAIL	438	3,705	8.46x
HNIs(10L +)	84	180	2.14x
HNIs (2-10L)	42	230	5.48x
Total Applications	564	4,520	8.01x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Purple Wave Infocom Limited Public Issue & Market Profile

Purple Wave Infocom Limited is bringing an initial public offering (IPO) in the Technology sector with an aggregate issue size of ₹31.45 Crores. The shares are offered at a price band of ₹120 to ₹126 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2025-12-02, the basis of allotment is scheduled to be finalized on 2025-12-03. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Purple Wave Infocom Limited IPO GMP today?

Currently, Purple Wave Infocom Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹120 to ₹126 per equity share.

What is the expected profit per lot for Purple Wave Infocom Limited IPO?

The retail lot size is 1000 shares requiring a minimum application amount of ₹1,26,000. Expected listing price is ₹126 per equity share.

What is the issue size and price band for Purple Wave Infocom Limited IPO?

The Purple Wave Infocom Limited IPO aggregate issue size is ₹31.45 Crores with an equity price band set at ₹120 to ₹126 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,26,000.

How can I check Purple Wave Infocom Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 6.95x (Retail: 3.80x, QIB: 11.85x, NII: 8.02x). You can track live multiples directly on our dedicated subscription page.

Where and when will Purple Wave Infocom Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2025-12-03. Investors can verify status using PAN card or application number.

When is the listing date for Purple Wave Infocom Limited IPO?

Purple Wave Infocom Limited shares are scheduled to list on BSE on 2025-12-05.