Allotment

Purple Wave Infocom IPO is a book-built issue that opened on November 28, 2025, and closed on December 2, 2025. The company plans to raise approximately ₹31.45 crore through a fresh issue of equity shares with a face value of ₹10 each.
The price band for the IPO is fixed at ₹120 to ₹126 per share. The issue allocation is divided as 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs).
The allotment of the Purple Wave Infocom IPO is scheduled for December 3, 2025, with the shares expected to list on the BSE on December 5, 2025.
Financial Highlights
Revenue: ₹126.15 crore in FY2025, compared to ₹90.04 crore in FY2024
Profit: ₹9.12 crore in FY2025, up from ₹5.44 crore in FY2024
Based on the financial performance, Purple Wave Infocom IPO may be considered for long-term investment.
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IPO Market price
| IPO Date | 5 Dec |
| IPO Listing Date | 5 Dec |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹126.00 |
| IPO Issue Size | 24,96,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE SME Platform |
| hare Holding Pre Issue | 67,50,000 shares |
| IPO Open Date | 28 Nov |
| IPO Close Date | 2 Dec |
| IPO Allotment (Tentative) | 3 Dec |
| Refunds | 4 Dec |
| Credit to Demat Account | 4 Dec |
| IPO Listing Date | 5 Dec |
| Category | Offer |
|---|---|
| QIB Shares Offered | 11,14,000 |
| NII (HNI) Shares Offered | 3,78,000 |
| Retail Shares Offered | 8,76,000 |
Investors can bid for a minimum of 2,000 shares, with additional shares in multiples of 1,000.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,52,000 |
| Retail (Max) | 2 | 2,000 | ₹2,52,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,78,000 |
| S-HNI (Max) | 7 | 7,000 | ₹8,82,000 |
| B-HNI (Min) | 8 | 8,000 | ₹10,08,000 |
Incorporated in 2007, Purple Wave Infocom Limited is engaged in the sale and integration of digital professional audio-visual (PRO AV) equipment, offering comprehensive technology-driven communication solutions.
The company provides end-to-end PRO AV and automation solutions, including system design, integration, project management, and on-site support. In addition, Purple Wave delivers cloud-based communication and automation services to organizations across India and select international markets.
The company also offers after-sales value-added services, including Annual Maintenance Contracts (AMC), technical support, and repair & maintenance of AV infrastructure, ensuring optimal system performance and high customer satisfaction.
Key Offerings
Direct sales and distribution of professional AV products
Cloud-based content management services, enabling creation, storage, editing, and publishing of digital content across display screens
Live streaming and content management through its proprietary platform, “Streampurple”
After-sales services, including AMC, technical support, and AV infrastructure maintenance
Purple Wave Infocom Limited manufactures and supplies a wide range of AV products, including LED displays, USB cameras, speakerphones, professional LED/LCD displays, digital podiums and lecterns, speakers, amplifiers, computer kiosks, and related equipment.
As of September 30, 2025, the company employed 86 permanent staff members.
Competitive Strengths
Wide product portfolio catering to diverse customer segments
Well-established and long-standing client relationships
Strong leadership backed by experienced promoters and directors
Extensive geographical reach
| Assets | 71.05 | 53.48 | 31.59 |
| Total Income | 35.91 | 126.15 | 90.04 |
| Profit After Tax | 3.58 | 9.12 | 5.44 |
| EBITDA | 5.24 | 13.94 | 8.31 |
| NET Worth | 20.88 | 17.3 | 8.18 |
| Reserves and Surplus | 14.13 | 10.55 | 6.68 |
| Total Borrowing | 14.91 | 14.73 | 11.03 |
| ROE | 72% |
| ROCE | 43% |
| Debt/Equity | 0.85 |
| RoNW | 52.69% |
| PAT Margin | 7.23% |
| EBITDA Margin | 11.06% |
| Price to Book Value | 10.39 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 4.5 |
| 4 | Offer for Sale (OFS) | - |
Purple Wave Infocom Ltd.
Plot No 1 & 2, Pocket A-2, 2nd Floor,
MNG Tower, First Floor, Dwarka Sector 17,
N.S.I.T. Dwarka, South West Delhi,
New Delhi, New Delhi, 110078
Phone: 9289102671
Email: investors@purplewave.in
Website: https://www.purplewave.in/
IPO Registrar
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
The IPO was a book-built issue of ₹31.45 crore, comprising 24.96 lakh shares, entirely as a fresh issue to raise capital for business expansion and general corporate purposes.
The IPO opened on November 28, 2025, closed on December 2, 2025, and the shares were credited to demat accounts and listed on the BSE SME platform on December 5, 2025.
The issue price was ₹126 per share, with a lot size of 1,000 shares. Retail investors applied for a minimum of two lots, investing at least ₹2,52,000.
Purple Wave Infocom operates in IT and technology solutions, focusing on software development, product demonstration, and providing tech-driven solutions to support business and office operations.
The IPO was managed by a book-running lead manager (not specified), with the registrar facilitating share allotment and trading, enabling smooth listing and investor transactions on BSE SME.