Purple Wave Infocom IPO Logo

Purple Wave Infocom IPO
GMP, Subscription, Price, Dates & Financial Details

Consumer Durables - Electronics

Closed BSE SME

Incorporated in 2007, Purple Wave Infocom Ltd is engaged in the sale, distribution, and integration of professional digital audio-video (PRO AV) equipment. The company provides comprehensive, end-to-end AV and automation solutions, including system design, integration, project management, and…

Open Date

Fri, 28 Nov 2025

Close Date

Tue, 02 Dec 2025

Price Band

₹ 120 – 126

Lot Size

1000

Issue Size

₹ 31.45 Cr

Minimum Investment

₹ 252,000 (2000 Shares)

Grey Market Premium Analysis

Day Wise GMP→

Unofficial premium quoted in the grey market, tracked daily against the price band cap.

24 Nov ₹0 25 Nov ₹0 26 Nov ₹0 27 Nov ₹0 28 Nov ₹0 29 Nov ₹0 30 Nov ₹0 01 Dec ₹0 02 Dec ₹0 03 Dec ₹0

Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.

IPO Details

Purple Wave Infocom IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹31.45 Crore, comprising a fresh issue of 24.96 Lakh equity shares aggregating to ₹31.45 Crore.

The Purple Wave Infocom IPO remained open for subscription from November 28, 2025, to December 02, 2025. The basis of allotment was finalized on December 03, 2025, and the company's shares were listed on BSE SME Platform on December 05, 2025.

The company had fixed the price band at ₹120 to ₹126 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹252,000 (based on the upper price band) to apply for one lot.

Maashitla Securities Pvt. Limited served as the registrar to the issue. Smart Horizon Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.

With the successful completion of the IPO process, Purple Wave Infocom Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.

Purple Wave Infocom IPO Timeline (Tentative)

IPO Open Date
Fri, 28 Nov 25
IPO Close Date
Tue, 02 Dec 25
Basis of Allotment
Wed, 03 Dec 25
Initiation of Refunds
Thu, 04 Dec 25
Credit of Shares to Demat
Thu, 04 Dec 25
Listing Date
Fri, 05 Dec 25 — NSE & BSE

Open Date

28 November 2025

Close Date

02 December 2025

Basis Of Allotment

03 December 2025

Listing Date

05 December 2025

IPO Subscription

Check Live Subscription →

The Purple Wave Infocom IPO has received bids for 1,20,50,000 shares against 17,34,000 shares offered, resulting in an overall subscription of 6.95x. the NII category is subscribed 8.02x, Retail Investors 3.8x, and QIBs 11.85x.

QIB

11.85x

NII

8.02x

RII

3.8x

Total

6.95x

IPO Reservations

The Retail Individual Investor (RII) category has the highest allocation with 8,76,000 shares, representing 50.52% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 4,80,000 shares (27.68%), while Non-Institutional Investors (NIIs) receive 3,78,000 shares (21.8%).

Category Shares Offered Shares Offered %
Qualified Institutions480,00027.68%
Non-Institutional378,00021.8%
BNII252,00014.53%
SNII126,0007.27%
Retail Investors876,00050.52%
Total1,734,000100%

Financials Details(₹ in Crores)

Particular 30 Jun 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 71.05 53.48 31.59 26.7
Revenue 35.91 126.15 90.04 70.44
Profit After Tax 3.58 9.12 5.44 0.66
Net Worth 20.88 17.3 8.18 2.75
Reserve & Surplus 14.13 10.55 6.68 1.25
Total Borrowings 14.91 14.73 11.03 6.9

Financials Performance

Company Revenue Vs Profit After Tax
36 4 30 Jun 2025 70 1 31 Mar 2023 90 5 31 Mar 2024 126 9 31 Mar 2025 Revenue PAT

Performance Indicators

13.50%

EPS Pre

Earnings per share before the IPO.

9.33

P/E Pre

IPO Offer Price ÷ EPS Pre.

15.48%

EPS Post

Expected earnings per share after the IPO..

8.14x

P/E (Post Issue)

IPO Offer Price ÷ EPS Post.

Purple Wave Infocom Limited KPI Information

Particular Mar 2025 Mar 2024 Mar 2023
ROE % 71.54 99.5 26.43
ROCE % 42.8 42.43 20.98
Debt / Equity 0.85 1.35 2.51
RoNW % 52.69 66.45 24
Pat Margin % 7.23 6.05 0.94

Peers Comparison

Company Face Value PE Ratio EPS Basic EPS Diluted RoNW Net Assets
Purplewave Infocom Ltd100.0013.5013.5052.6925.63
PRO FX Tech Ltd109.059.519.5133.1728.68

About Purple Wave Infocom Limited

Incorporated in 2007, Purple Wave Infocom Ltd is engaged in the sale, distribution, and integration of professional digital audio-video (PRO AV) equipment. The company provides comprehensive, end-to-end AV and automation solutions, including system design, integration, project management, and on-site technical support.

Purple Wave also delivers cloud-based communication and automation services for clients across India as well as international markets. Its after-sales service portfolio includes annual maintenance contracts (AMC), technical support, and repair and maintenance of AV infrastructure to ensure optimal performance and long-term customer satisfaction.

Key Offerings

  • Direct Sales and Distribution of PRO AV Products
    Wide range of professional audio-visual equipment supplied to corporates, institutions, and various industry segments.
  • Cloud-Based Content Management Services
    Tools that enable users to create, store, edit, schedule, and publish digital content across display screens.
  • Live Streaming and Content Management
    Services delivered through the company’s proprietary platform, Streampurple.
  • After-Sales Services
    Includes AMCs, technical support, troubleshooting, and repair & maintenance of AV systems.

Manufacturing Capabilities

Purple Wave Infocom Ltd manufactures a broad portfolio of AV products, including:

  • LED displays
  • USB cameras
  • Speakerphones
  • Professional LED/LCD displays
  • Digital podiums/lecterns
  • Speakers and amplifiers
  • Computer kiosks
  • Other AV-related equipment

Human Resources

As of September 30, 2025, the company employs 86 permanent employees.

Purple Wave Infocom IPO Promoters

  1. Mr. Manoj Kumar Singh
  2. Sandhya Singh 
  3. Ananya Singh 
Promoters Holding

Holding Pre Issue

98.52%

Holding Post Issue

71.92%

Purple Wave Infocom IPO Objective

The Company Purple Wave IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Funding capital expenditure requirements of our company towards purchasing an office space cum product display area. 
  2. Repayment/ prepayment of certain borrowings availed by our Company 
  3. General corporate purposes

Purple Wave Infocom Limited Address / Contact Details

Purple Wave Infocom Ltd.
Plot No 1 & 2, Pocket A-2, 2nd Floor,
Sector 17 Dwarka, South West Delhi,
New Delhi, New Delhi, 110078
Phone: 9289102671
Email: investors@purplewave.in
Website: https://www.purplewave.in/

IPO Snapshot

Face Value₹10 per share
Price Band ₹ 120 – 126
Lot Size1000
Issue TypeBook-building IPO
Sale TypeFresh Capital
Fresh Issue₹ 31.45 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 31.45 Cr
Listing AtBSE

Purple Wave Infocom IPO Lot Size

The Purple Wave Infocom IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹2,52,000 by applying for 2 lot (2,000 shares). The maximum application allowed for the retail category is 2 lots (2,000 shares), requiring an investment of ₹2,52,000.

Application Lots Shares Amount (₹)
Retail (Min)22,000252,000.00
Retail (Max)22,000252,000.00
S-HNI (Min)33,000378,000.00
S-HNI (Max)77,000882,000.00
B-HNI (Min)88,0001,008,000.00

Issue Reservation

  • QIB — 27.68%
  • NII — 21.8%
  • RII — 50.52%

Purple Wave Infocom IPO Registrar

Maashitla Securities Pvt. Limited

011-45121795-96

investor.ipo@maashitla.com

https://www.maashitla.com

Check Allotment Status

Book Running Lead Managers

  • Smart Horizon Capital Advisors Private Limited

IPO Documents & Links

Explore More IPOs

Disclaimer: This data is for informational purposes only and does not constitute investment advice.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

What is the Purple Wave Infocom IPO?

Purple Wave Infocom IPO is a Book-building IPO with a total issue size of ₹31.45 crore. The Purple Wave Infocom IPO price band is ₹120 to 126 per share. The Purple Wave Infocom IPO subscription opens on Fri, Nov 28, 2025, and closes on Tue, Dec 2, 2025. The Purple Wave Infocom IPO will be listed on the BSE. Maashitla Securities Pvt. Limited is the registrar for the Purple Wave Infocom IPO.

When will the Purple Wave Infocom IPO open for subscription?

The Purple Wave Infocom IPO opens on Fri, Nov 28, 2025 and closes on Tue, Dec 2, 2025

What is Purple Wave Infocom IPO Price Band?

Purple Wave Infocom IPO Price Band is ₹120 to 126 per share.

What is Purple Wave Infocom IPO Lot Size?

Purple Wave Infocom IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹252000 based on the upper price band

What is the minimum investment for Purple Wave Infocom IPO?

The minimum investment for Purple Wave Infocom IPO is ₹252000, based on one lot of 1000 shares at the upper price band of ₹126 per share.

How to apply for Purple Wave Infocom IPO?

Investors can apply for the Purple Wave Infocom IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Dec 2, 2025. The application amount remains blocked until the Purple Wave Infocom IPO allotment is finalized.

What is Purple Wave Infocom IPO Issue Size?

Purple Wave Infocom IPO issue size is ₹31.45 crores.

What is the Purple Wave Infocom IPO Allotment Date?

Purple Wave Infocom IPO allotment date is Wed, Dec 3, 2025.

Who is the Purple Wave Infocom IPO Registrar?

The registrar for Purple Wave Infocom IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Purple Wave Infocom IPO allotment status, refund processing, and other IPO-related information.

What is the Purple Wave Infocom IPO GMP?

The Purple Wave Infocom IPO GMP (Grey Market Premium) is ₹0 as of Fri, Dec 5, 2025. Based on the upper price band of ₹126 per share, the estimated Purple Wave Infocom IPO listing price is ₹126, indicating a potential listing gain of approximately 0.00% over the issue price.

Who is the Purple Wave Infocom IPO Lead Manager?

The book-running lead managers (BRLMs) for the Purple Wave Infocom IPO are Smart Horizon Capital Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Purple Wave Infocom IPO Red Herring Prospectus (RHP).