Comparison between Purple Wave Infocom IPO and Ravelcare IPO.
Purple Wave Infocom IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Ravelcare IPO is a SME Bookbuilding proposed to list at BSE SME.
| Purple Wave Infocom IPO | Ravelcare IPO | |
|---|---|---|
| Logo |  | |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Smart Horizon Capital Advisors Pvt.Ltd. | Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Shreni Shares Ltd. | SS Corporate Securities 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 Purple Wave Infocom IPO is up to ₹29.84 Cr whereas the issue size of the Ravelcare IPO is up to ₹22.88 Cr. The final issue price of Purple Wave Infocom IPO is ₹126.00 per share and of Ravelcare IPO is ₹130.00 per share.
| Purple Wave Infocom IPO | Ravelcare IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹120.00 per share | ₹123.00 per share |
| Issue Price (Upper) | ₹126.00 per share | ₹130.00 per share |
| Issue Price (Final) | ₹126.00 per share | ₹130.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1000 shares |
| Fresh Issue Size | 23,68,000 shares | 17,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.84 Cr | up to ₹22.88 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 | 23,68,000 shares | 17,60,000 shares |
| Issue Size Total (Amount) | up to ₹29.84 Cr | up to ₹22.88 Cr |
Purple Wave Infocom IPO opens on Nov 28, 2025, while Ravelcare IPO opens on Dec 01, 2025. The closing date of Purple Wave Infocom IPO and Ravelcare IPO is Dec 02, 2025, and Dec 03, 2025, respectively.
| Purple Wave Infocom IPO | Ravelcare IPO | |
|---|---|---|
| Anchor Bid Date | Nov 27, 2025 | Nov 28, 2025 |
| Issue Open | Nov 28, 2025 | Dec 01, 2025 |
| Issue Close | Dec 02, 2025 | Dec 03, 2025 |
| Basis Of Allotment (Tentative) | Dec 03, 2025 | Dec 04, 2025 |
| Initiation of Refunds (Tentative) | Dec 04, 2025 | Dec 05, 2025 |
| Credit of Share (Tentative) | Dec 04, 2025 | Dec 05, 2025 |
| Listing date (Tentative) | Dec 05, 2025 | Dec 08, 2025 |
| Anchor Lockin End date 1 | Jan 03, 2026 | Jan 03, 2026 |
| Anchor Lockin End date 2 | Mar 04, 2026 | Mar 04, 2026 |
Purple Wave Infocom IPO P/E ratio is 9.33, as compared to Ravelcare IPO P/E ratio of 12.38.
| Purple Wave Infocom IPO | Ravelcare IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 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.
| Company Financials (Restated)Ravelcare Ltd.'s revenue increased by 14% and profit after tax (PAT) rose by 5% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 98.52 | 99.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.92 | 72.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.33 | 12.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹116.50 Cr. | ₹89.17 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 71.54% | 68.04% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 42.80% | 68.32% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.50 | ₹10.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 52.69% | 50.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Purple Wave Infocom IPO Retail Individual Investors (RII) are offered 8,76,000 shares while in Ravelcare IPO retail investors are offered 8,76,000 shares. Qualified Institutional Buyers (QIB) are offered 4,80,000 shares in Purple Wave Infocom IPO and 3,51,000 shares in Ravelcare IPO.
| Purple Wave Infocom IPO | Ravelcare IPO | |
|---|---|---|
| Anchor Investor Reservation | 6,34,000 shares | 5,25,000 shares |
| Market Maker Reservation | 1,28,000 shares | 94,000 shares |
| QIB | 4,80,000 shares | 3,51,000 shares |
| NII | 3,78,000 shares | 2,64,000 shares |
| RII | 8,76,000 shares | 6,20,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 23,68,000 shares | 17,60,000 shares |
Purple Wave Infocom IPO subscribed 6.88x in total, whereas Ravelcare IPO subscribed 437.60x.
| Purple Wave Infocom IPO | Ravelcare IPO | |
|---|---|---|
| QIB (times) | 11.85x | 155.91x |
| NII (times) | 7.69x | 752.16x |
| Big NII (times) | 8.87x | 879.74x |
| Small NII (times) | 5.32x | 505.50x |
| RII (times) | 3.80x | 463.13x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.88x | 437.60x |
