Purple Wave Infocom Ltd. logo

Purple Wave Infocom was incorporated on November 19, 2007. The company provides digital PRO AV integration, post-sales support, and distribution, offering end-to-end customized audio-video and automation solutions for clients in India and overseas. It designs and implements AV systems for multiple sectors and delivers value-added services like cloud-based content management and live streaming through “Streampurple”

Bidding Dates
28 Nov 2025 - 02 Dec 2025
Subscription
6.47x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹240,0002210002.5 M₹120 - ₹12671.92 %₹299.5 M - ₹314.5 MRHP DOC

Purple Wave Infocom IPO SUBSCRIPTION STATUS

02 Dec '25
Total6.47x
Retail Individual Investor5.11x
HNI (NII) Investors10.86x
Qualified Institutional Buyers6.11x

Purple Wave Infocom IPO overall subscription rate was 6.47 times the total available shares

Purple Wave Infocom IPO retail subscription rate was 5.11 times in the retail segment

Purple Wave Infocom IPO non-institutional investor subscription rate was 10.86 times in the non-institutional investor category

Purple Wave Infocom IPO Qualified Institutional Bidder subscription rate was 6.11 times the available shares for Qualified Institutional Bidder

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%
02 Dec 2025
(Day 3)
5.11x10.86x6.11x
01 Dec 2025
(Day 2)
1.44x4.11x0.42x
28 Nov 2025
(Day 1)
0.94x0.48x0.42x

Purple Wave Infocom FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
Q1FY26 35.9 3.6 -1.5 -1.5 14.6%
FY25 126.0 9.1 0.7 0.0 11.1%
FY24 89.9 5.4 -4.8 -5.0 9.2%
FY23 70.1 0.7 3.9 3.5 2.9%

Purple Wave Infocom IPO SUBSCRIPTION STATUS DETAILS

Purple Wave Infocom had 2.5 M shares on offer

Purple Wave Infocom IPO offer price was in the range ₹120 - ₹126

Purple Wave Infocom IPO minimum Investment was ₹240000

Purple Wave Infocom IPO issue size was ₹ 299.5 M - ₹ 314.5 M

Purple Wave Infocom had a minimum lot size of 1000 Shares per application

Purple Wave Infocom NUMBER OF SHARES ON OFFER

Total2.5 M
Fresh Issue2.5 M
Offer for Sale0
Post Issue Promoter Holding %71.92 %

Purple Wave Infocom IPO IMPORTANT DATES

Issue Open Date28 Nov 2025
Issue close Date02 Dec 2025
Allotment Date03 Dec 2025
Refund Date04 Dec 2025
Demat Account Credit Date04 Dec 2025
Listing Date05 Dec 2025
Listing on Exchange(s)BSE
Purple Wave Infocom Allotment StatusExchange/ Registrar

Purple Wave Infocom IPO subscription opened on 28 Nov 2025, and closed on 02 Dec 2025

IPO allotment for Purple Wave Infocom was finalized on Wednesday, 03 Dec 2025

IPO listing for Purple Wave Infocom was on BSE on Friday, 05 Dec 2025

Purple Wave Infocom IPO LISTING GAINS

Issue Price (adjusted)126.0
Listing Open Price132.0
Listing Close Price130.5
Listing Gain%4.8%
Current Gain%146.4%

Purple Wave Infocom Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Purple Wave Infocom Ltd.310.428721.40.5223.314.3146.31613.447.314.547.3
Akiko Global Services Ltd.421453.429.60.22.125.614.2173126.415.3107.514.2185.9
Kwick Forensic Solutions Ltd.172368.727.332.622.3105.862.613.557.86.3
Gretex Industries Ltd.214339.3230.4-19.76.12.82.257.154.41.53.90.9-11.7
Shiv Texchem Ltd.114.2264.73.4195.22782.126.277.861.733.6
Nanta Tech Ltd.374.9192.323.516.310.270.236.98.274.515.9

Purple Wave Infocom INFORMATION ON IPO ISSUE

About Purple Wave Infocom

Purple Wave Infocom was incorporated on November 19, 2007. The company provides digital PRO AV integration, post-sales support, and distribution, offering end-to-end customized audio-video and automation solutions for clients in India and overseas. It designs and implements AV systems for multiple sectors and delivers value-added services like cloud-based content management and live streaming through “Streampurple”

Object of the Issue

  • Funding capital expenditure requirements of the company towards purchasing an office space cum product display area
  • Repayment/ prepayment of certain borrowings availed by the company
  • General corporate purposes

Purple Wave Infocom - PROMOTERS

Name
Manoj Kumar Singh
Sandhya Singh
Ananya Singh

Purple Wave Infocom - MANAGEMENT & LEADERSHIP

NameDesignation
Manoj Kumar SinghChairman & Managing Director
Sandhya SinghWhole Time Director
Ananya SinghExecutive Director
Sandeep Kumar LikhamaniaNon-Executive Independent Director
Sri KantNon-Executive Independent Director
Satendra Kumar GoyalNon-Executive Independent Director

Purple Wave Infocom Book Running Lead Manager

Smart Horizon Capital Advisors Private Limited

director@shcapl.com

Purple Wave Infocom Registrar to the issue

Maashitla Securities Private Limited

investor.ipo@maashitla.com

Purple Wave Infocom Strengths

Diverse product portfolio

The company delivers end-to-end customized digital PRO AV and automation solutions for clients in India and overseas, covering design, integration, management, and on-site support. It also sells and distributes a wide range of PRO AV products and provides content management and after-sales services, including AMC and technical support

Strength

Client relationship

The company maintains strong client relationships through regular communication, personalized service, and nationwide technical support, including a dedicated toll-free line and on-site assistance. Its focus on quality products and comprehensive after-sales service helps sustain repeat business and remain competitive in the industry

Strength

Wide geographical reach

The company operates from its Delhi head office with branches in Bengaluru and Assam, supported by warehouses in Delhi, Manesar, and Bhiwandi, and a service centre in Delhi. It serves customers across India and also supplies automation solutions and products to Singapore, Maldives, Qatar, and Bangladesh while expanding its domestic and global reach

Strength

Purple Wave Infocom Risks

Competitive bidding

The company depends heavily on winning competitively bid projects, and failure to qualify or secure new bids could negatively impact its business and financial performance. Despite investing significant time and resources in bid preparation, there is no assurance its bids will meet criteria or be selected

Risk

Risk of product defects, recalls & liability

The company faces risks of product defects, recalls, warranty claims, and potential legal actions, which could impact its revenue and reputation. Even with supplier agreements, significant quality issues may still lead to liabilities or customer dissatisfaction, adversely affecting the business

Risk

Dependence on other industries

The company’s performance is affected by the industries its customers operate in, and any slowdown or reduced spending in those sectors can lower demand for its products. Loss of key customers or reduced order volumes may negatively impact its business and financial results

Risk

IPO FAQs

  • The promoters of the company are Manoj Kumar Singh, Sandhya Singh and Ananya Singh.
  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
  • The price band of the IPO is Rs 120.0 - 126.0.
  • The IPO application opens on Nov 28, 2025 and closes on Dec 02, 2025.
  • The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
  • For all category investors, the minimum application amount for this IPO is Rs. 240,000.0, the maximum value for this IPO is Rs 252,000.0.
  • This IPO will be allotted on Dec 03, 2025.
  • The refund will be credited to your account on Dec 04, 2025.
  • The allotted shares will be credited to your demat on Dec 04, 2025.
  • Purple Wave Infocom Ltd.’s shares listed on the stock exchanges on Dec 05, 2025.