Purple Wave Infocom IPO
Purple Wave Infocom IPO
Overview
Purple Wave Infocom IPO is a book build issue of ₹31.45 crores. The issue is entirely a fresh issue of 0.25 crore shares of ₹31.45 crore. Purple Wave Infocom IPO opens for subscription on Nov 28, 2025 and closes on Dec 2, 2025. The allotment for the Purple Wave Infocom IPO is expected to be finalized on Dec 3, 2025. Purple Wave Infocom IPO will list on BSE SME with a tentative listing date fixed as Dec 5, 2025. Purple Wave Infocom IPO price band is set at ₹120.00 to ₹126.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,52,000.00 (2,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹3,78,000. Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Shreni Shares Ltd..
Total Shares
24,96,000
Issue Size
₹31.45 Cr
Price Band
₹120 – ₹126
Lot Size
1000 shares
Min. Investment
₹2,52,000
Max. Investment
₹2,52,000
Open Date
28 Nov, 2025
Close Date
02 Dec, 2025
Allotment
03 Dec, 2025
Listing
05 Dec, 2025
Max. Investment
₹2,52,000
Announced
28 Nov, 2025
Opening Date
28 Nov, 2025
Closing Date
02 Dec, 2025
Basis of Allotment
03 Dec, 2025
Initiation of Refunds
04 Dec, 2025
Credit of Shares
04 Dec, 2025
Listing Date
05 Dec, 2025
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About Purple Wave Infocom IPO
Incorporated in 2007, Purple Wave Infocom Ltd is engaged in the sale and integration of digital professional audio-video (PRO AV) equipment.
The company offers comprehensive, end-to-end PRO AV and automation solutions, including system design, integration, management, and on-site support. Purple Wave also provides cloud-based communication and automation services for organizations across India and in international markets.
The company also offering after-sales value added services
Purple Wave Infocom IPO Share Price
Issue Breakdown
Shareholding
Dilution: 37.0% increase in shares
Purple Wave Infocom IPO Promoters Holding
Purple Wave Infocom IPO Financial Health
Purple Wave Infocom Ltd.'s revenue increased by 40% and profit after tax (PAT) rose by 68% between the financial year ending with March 31, 2025 and March 31, 2024.
Purple Wave Infocom IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,52,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,52,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,78,000 |
| S-HNI (Max) | 7 | 7000 | ₹8,82,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,08,000 |
(All values in CR)
Purple Wave Infocom IPO Valuations
KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 71.54 |
| ROCE | 42.80 |
| Debt/Equity | 0.85 |
| RoNW | 52.69 |
| PAT Margin | 7.23 |
| EBITDA Margin | 11.06 |
| Price to Book Value | 10.39 |
| Market Capitalization | 116.50 |
(All values in CR)
Purple Wave Infocom IPO Strength & Risk
Purple Wave Infocom IPO Strength:
- Operates in the IT hardware solutions and system integration space with a broad service portfolio.
- Provides end-to-end solutions including IT infrastructure, networking, surveillance systems, and hardware distribution.
- Caters to government, corporate, and institutional clients, offering diversified revenue sources.
- Benefits from increasing digital adoption and rising demand for IT infrastructure solutions.
- Strong vendor relationships with leading technology brands enhance product availability and service capability.
- Offers value-added services such as installation, maintenance, and support, improving customer retention.
- Follows a scalable business model supported by growing demand for enterprise IT upgrades.
Purple Wave Infocom IPO Risk:
- High dependence on hardware distribution, which generally carries lower margins.
- Revenue may be affected by fluctuations in IT hardware prices and supply-chain challenges.
- Strong competition from local and national IT solution providers may impact pricing power.
- Relies on timely government and corporate project execution; delays can affect cash flows.
- Vulnerable to rapid technological changes requiring continuous capability upgrades.
- Working-capital-intensive business model may create liquidity challenges.
- As an SME IPO, post-listing liquidity may be limited, increasing volatility risk.
Purple Wave Infocom IPO Subscriptions Status
Purple Wave Infocom IPO subscribed 6.88 times. The public issue subscribed 3.80 times in the individual investors category, 11.85 times in QIB (Ex Anchor), and 7.69 times in the NII category by December 2, 2025 6:19:36 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 6,34,000 | 6,34,000 | 7.988 |
| Market Maker | 1.00 | 1,28,000 | 1,28,000 | 1.613 |
| QIB (Ex Anchor) | 11.85 | 4,80,000 | 56,87,000 | 71.656 |
| Non-Institutional Buyers | 7.69 | 3,78,000 | 29,05,000 | 36.603 |
| bNII (bids above ₹10L) | 8.87 | 2,52,000 | 22,35,000 | 28.161 |
| sNII (bids below ₹10L) | 5.32 | 1,26,000 | 6,70,000 | 8.442 |
| Individual Investors (IND category bidding for 2 Lots) | 3.80 | 8,76,000 | 33,30,000 | 41.958 |
| Total | 6.88 | 17,34,000 | 1,19,22,000 | 150.217 |
Purple Wave Infocom IPO GMP
Purple Wave Infocom SME IPO last GMP is ₹0, last updated Dec 2nd 2025 05:28 PM. With the price band of 126.00, Purple Wave Infocom SME IPO's estimated listing price is ₹126 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 02 Dec, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 02 Dec, 2025 | 126 | ₹0 | - | ₹126 (0.00%) | - | 02 Dec, 2025 |
| 01 Dec, 2025 | 126 | ₹0 | - | ₹126 (0.00%) | - | 01 Dec, 2025 |
| 30 Nov, 2025 | 126 | ₹0 | - | ₹126 (0.00%) | - | 30 Nov, 2025 |
| 29 Nov, 2025 | 126 | ₹0 | - | ₹126 (0.00%) | - | 29 Nov, 2025 |
| 28 Nov, 2025 | 126 | ₹0 | - | ₹126 (0.00%) | - | 28 Nov, 2025 |
| 27 Nov, 2025 | 126 | ₹0 | - | ₹126 (0.00%) | - | 27 Nov, 2025 |
| 26 Nov, 2025 | 126 | ₹0 | - | ₹126 (0.00%) | - | 26 Nov, 2025 |
| 25 Nov, 2025 | 126 | ₹0 | - | ₹126 (0.00%) | - | 25 Nov, 2025 |
| 24 Nov, 2025 | 126 | ₹0 | - | ₹126 (0.00%) | - | 24 Nov, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Purple Wave Infocom IPO
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Find Purple Wave Infocom IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Your funds will be blocked in your account until the IPO allotment process is completed.