Mumbai, Dec. 5 -- The scrip was listed at Rs 132, a premium of 4.76% over the initial public offer (IPO) price. The stock is currently down 0.68% over its listing price.

The counter hit a high of Rs 138 and a low of Rs 130.15. About 10.56 lakh shares of the company changed hands at the counter.

Purple Wave Infocom's IPO was subscribed 6.47 times. The issue opened for bidding on 28 November 2025 and it closed on 2 December 2025. The price band of the IPO was fixed between Rs 120 to Rs 126 per share.

The IPO comprised a fresh issue of 18,62,000 equity shares. The company intends to utilize the net proceeds for purchasing an office space with a product display area, repaying or prepaying certain borrowings, and for general corporate purpo...