Comparison between L.T.Elevator IPO and Purple Wave Infocom IPO.
L.T.Elevator IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Purple Wave Infocom IPO is a SME Bookbuilding proposed to list at BSE SME.
| L.T.Elevator IPO | Purple Wave Infocom IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Rainbow Securities Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of L.T.Elevator IPO is up to ₹37.40 Cr whereas the issue size of the Purple Wave Infocom IPO is up to ₹29.84 Cr. The final issue price of L.T.Elevator IPO is ₹78.00 per share and of Purple Wave Infocom IPO is ₹126.00 per share.
| L.T.Elevator IPO | Purple Wave Infocom IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹76.00 per share | ₹120.00 per share |
| Issue Price (Upper) | ₹78.00 per share | ₹126.00 per share |
| Issue Price (Final) | ₹78.00 per share | ₹126.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 47,95,200 shares | 23,68,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.40 Cr | up to ₹29.84 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 47,95,200 shares | 23,68,000 shares |
| Issue Size Total (Amount) | up to ₹37.40 Cr | up to ₹29.84 Cr |
L.T.Elevator IPO opens on Sep 12, 2025, while Purple Wave Infocom IPO opens on Nov 28, 2025. The closing date of L.T.Elevator IPO and Purple Wave Infocom IPO is Sep 16, 2025, and Dec 02, 2025, respectively.
| L.T.Elevator IPO | Purple Wave Infocom IPO | |
|---|---|---|
| Anchor Bid Date | Sep 11, 2025 | Nov 27, 2025 |
| Issue Open | Sep 12, 2025 | Nov 28, 2025 |
| Issue Close | Sep 16, 2025 | Dec 02, 2025 |
| Basis Of Allotment (Tentative) | Sep 17, 2025 | Dec 03, 2025 |
| Initiation of Refunds (Tentative) | Sep 18, 2025 | Dec 04, 2025 |
| Credit of Share (Tentative) | Sep 18, 2025 | Dec 04, 2025 |
| Listing date (Tentative) | Sep 19, 2025 | Dec 05, 2025 |
| Anchor Lockin End date 1 | Oct 17, 2025 | Jan 03, 2026 |
| Anchor Lockin End date 2 | Dec 16, 2025 | Mar 04, 2026 |
L.T.Elevator IPO P/E ratio is 12.31, as compared to Purple Wave Infocom IPO P/E ratio of 9.33.
| L.T.Elevator IPO | Purple Wave Infocom IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)L.T.Elevator Ltd.'s revenue increased by 40% and profit after tax (PAT) rose by 182% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)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.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.14 | 98.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.71 | 71.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.31 | 9.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹149.47 Cr. | ₹116.50 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.52% | 71.54% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.50% | 42.80% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.38 | 0.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.34 | ₹13.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.68% | 52.69% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the L.T.Elevator IPO Retail Individual Investors (RII) are offered 16,78,400 shares while in Purple Wave Infocom IPO retail investors are offered 16,78,400 shares. Qualified Institutional Buyers (QIB) are offered 9,60,000 shares in L.T.Elevator IPO and 4,80,000 shares in Purple Wave Infocom IPO.
| L.T.Elevator IPO | Purple Wave Infocom IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,36,800 shares | 6,34,000 shares |
| Market Maker Reservation | 2,52,800 shares | 1,28,000 shares |
| QIB | 9,60,000 shares | 4,80,000 shares |
| NII | 7,20,000 shares | 3,78,000 shares |
| RII | 16,78,400 shares | 8,76,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 47,95,200 shares | 23,68,000 shares |
L.T.Elevator IPO subscribed 182.95x in total, whereas Purple Wave Infocom IPO subscribed 6.88x.
| L.T.Elevator IPO | Purple Wave Infocom IPO | |
|---|---|---|
| QIB (times) | 95.10x | 11.85x |
| NII (times) | 356.16x | 7.69x |
| Big NII (times) | 428.35x | 8.87x |
| Small NII (times) | 211.79x | 5.32x |
| RII (times) | 158.90x | 3.80x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 182.95x | 6.88x |
