Description
BSE circular regarding allocation of shares to anchor investors in the public issue of Purple Wave Infocom Limited.
Summary
BSE has announced the allocation of shares to anchor investors for the public issue of Purple Wave Infocom Limited. Anchor investor allocation is conducted one day prior to the issue opening date and helps in price discovery and demonstrates institutional confidence in the IPO.
Key Points
- Company: Purple Wave Infocom Limited
- Allocation to anchor investors completed
- Anchor book allocation conducted as per SEBI ICDR Regulations
- Allocation details available in the circular
Regulatory Changes
No regulatory changes. This is a standard procedural circular for IPO anchor allocation process.
Compliance Requirements
- Information dissemination to market participants regarding anchor allocation
- Trading members and investors to note the anchor allocation details
- Compliance with SEBI ICDR regulations for anchor investor participation
Important Dates
- Circular Date: November 27, 2025
- Anchor allocation completed prior to issue opening
Impact Assessment
Medium impact - Anchor investor allocation provides early indication of institutional demand for the IPO and helps in price discovery. The allocation to quality institutional investors can generate positive sentiment for the public issue.
Impact Justification
Anchor allocation is a standard pre-IPO process that indicates institutional interest and helps price discovery for upcoming public issue