Archive · 28 Nov 2025
Purple Wave Infocom and Meesho IPO Details
Two companies, Purple Wave Infocom and Meesho, are launching their initial public offerings (IPOs) in India.
Purple Wave Infocom's IPO is worth ₹31.45 crore and will be open for subscription from November 28 to December 2.
The price band is set between ₹120 and ₹126 per share.
The company plans to use the funds for purchasing office space, repaying borrowings, and general corporate purposes.
Meesho's IPO is much larger, worth ₹5,421.20 crore, and will be open from December 3 to December 5.
The price band is ₹105 to ₹111 per share.
Meesho plans to use the funds for cloud infrastructure, marketing, and hiring.
Both companies aim to list their shares on the stock exchanges soon after their respective subscription periods.
Purple Wave Infocom's IPO opens on November 28 and closes on December 2, with a price band of ₹120 to ₹126 per share.
Meesho's IPO opens on December 3 and closes on December 5, with a price band of ₹105 to ₹111 per share.
Purple Wave Infocom plans to use the proceeds for capital expenditure, repayment of borrowings, and general corporate purposes.
Meesho aims to allocate funds for cloud infrastructure, marketing, branding, and hiring in machine learning and AI teams.
Both companies are expected to list their shares on the stock exchanges shortly after their respective subscription periods.
- Who
- Purple Wave Infocom and Meesho
- What
- Initial public offerings (IPOs)
- When
- Purple Wave Infocom: November 28 to December 2; Meesho: December 3 to December 5
- Where
- India
- Why
- To raise capital for business expansion and other purposes
- Purple Wave Infocom IPO
- ₹31.45 crore SME issue
- Purple Wave Infocom Price Band
- ₹120 to ₹126 per share
- Purple Wave Infocom Subscription Period
- November 28 to December 2
- Purple Wave Infocom Listing Date
- December 5 on BSE SME
- Purple Wave Infocom GMP
- ₹0 on November 28
- Purple Wave Infocom Minimum Investment
- ₹2.52 lakh for retail investors
- Meesho IPO
- ₹5,421.20 crore issue
- Meesho Price Band
- ₹105 to ₹111 per share
- Meesho Subscription Period
- December 3 to December 5
- Meesho Listing Date
- December 10 on BSE and NSE
