Bookbuilding IPO | ₹31 Cr | Listed at BSE SME | Fri, Nov 28, 2025 - Tue, Dec 2, 2025
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 bidding started from Nov 28, 2025 and ended on Dec 2, 2025. The allotment for Purple Wave Infocom IPO was finalized on Dec 3, 2025. The shares got listed on BSE SME on Dec 5, 2025.
Purple Wave Infocom IPO price band is set at ₹126 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 (2,000 shares) (based on upper price). The minimum lot size for investment in 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..
Refer to Purple Wave Infocom IPO RHP for detailed Information.
IPO Open
Fri, Nov 28, 2025
IPO Close
Tue, Dec 2, 2025
Issue Price
₹126 per share
Market Cap (Pre-IPO)
₹116.50 Cr
| IPO Date | 28 Nov to 2 Dec, 2025 |
| Listed on | Fri, Dec 5, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹120 to ₹126 |
| Issue Price | ₹126 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 24,96,000 shares (agg. up to ₹31 Cr) |
| Reserved for Market Maker | 1,28,000 shares Shreni Shares Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 23,68,000 shares (agg. up to ₹30 Cr) |
| Net Offered to Public | 23,68,000 shares (agg. up to ₹30 Cr) |
| Share Holding Pre Issue | 67,50,000 shares |
| Share Holding Post Issue | 92,46,000 shares |
| BSE Script Code | 544627 |
| ISIN | INE0VDK01019 |
Purple Wave Infocom IPO comprises a total issue size of 24,96,000 shares. The net offer to the public is 23,68,000 shares, after excluding 1,28,000 shares allotted on a firm basis. Of the Net offer 11,14,000 (47.04%) are allocated to QIB, 3,78,000 (15.96%) allocated to NII 8,76,000 (36.99%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 11,14,000 | 47.04% | 44.63% |
| − Anchor Investor Shares Offered | 6,34,000 | 25.40% | |
| − QIB (Ex. Anchor) Shares Offered | 4,80,000 | 19.23% | |
| NII (HNI) Shares Offered | 3,78,000 | 15.96% | 15.14% |
| − bNII > ₹10L | 2,52,000 | 10.10% | |
| − sNII < ₹10L | 1,26,000 | 5.05% | |
| Retail Shares Offered | 8,76,000 | 36.99% | 35.10% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,28,000 | 5.13% | |
| Total Shares Offered | 24,96,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,52,000 |
| Individual investors (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 |
Purple Wave Infocom IPO raises ₹7.99 crore from anchor investors. Purple Wave Infocom IPO Anchor bid date is November 27, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Nov 27, 2025 |
| Shares Offered | 6,34,000 |
| Anchor Portion (₹ Cr.) | 7.99 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Jan 3, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Mar 4, 2026 |
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 includes annual maintenance contract (AMC) for technical support, repair & maintenance services of AV infrastructure to ensure optimal product performance and customer satisfaction.
Key Offerings:
Purple Wave Infocom Ltd manufactures wide range of AV products including LED displays, USB cameras, speakerphones, professional displays (LED/LCD), digital podiums/lecterns, speakers, amplifiers, computer kiosks, and more.
As of September 30, 2025, the company has employed 86 permanent employees.
Competitive Strengths:
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.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 71.05 | 53.48 | 31.59 | 26.70 |
| Total Income | 35.91 | 126.15 | 90.04 | 70.44 |
| Profit After Tax | 3.58 | 9.12 | 5.44 | 0.66 |
| EBITDA | 5.24 | 13.94 | 8.31 | 2.00 |
| NET Worth | 20.88 | 17.30 | 8.18 | 2.75 |
| Reserves and Surplus | 14.13 | 10.55 | 6.68 | 1.25 |
| Total Borrowing | 14.91 | 14.73 | 11.03 | 6.90 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements of our company towards purchasing an office space cum product display area. | 12.91 |
| 2 | Repayment/ prepayment of certain borrowings. | 10.00 |
| 3 | General corporate purposes | 4.50 |
| KPI | Mar 31, 2025 |
|---|---|
| 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 13.50 | 15.48 |
| P/E (x) | 9.33 | 8.14 |
| Promoter Holding | 98.52% | 71.92% |
| Market Cap | ₹116.50 Cr. |
The Purple Wave Infocom IPO is subscribed 6.88 times on December 2, 2025 6:19:36 PM (Day 3). The public issue subscribed 3.80 times in the individual investors category, 11.85 times in the QIB category, and 7.69 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 11.85 | 4,80,000 | 56,87,000 | 0 |
| NII* | 7.69 | 3,78,000 | 29,05,000 | 0 |
| bNII (bids above ₹10L) | 8.87 | 2,52,000 | 22,35,000 | |
| sNII (bids below ₹10L) | 5.32 | 1,26,000 | 6,70,000 | |
| Individual Investor | 3.80 | 8,76,000 | 33,30,000 | 0 |
| Total | 6.88 | 17,34,000 | 1,19,22,000 | 2,079 |
Total Application : 2,079
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees including underwriting commission | 2.83 |
| 2 | Brokerage, selling, commission and upload fees | 0.01 |
| 3 | Registrars to the issue | 0.02 |
| 4 | Legal Advisors | 0.02 |
| 5 | Advertising and Marketing expenses | 0.03 |
| 6 | Regulators including stock exchanges | 0.09 |
| 7 | Printing and distribution of issue stationary | 0.01 |
| 8 | Others, if any (market making, depositories, marketing fees, secretarial, peer review etc.) | 1.50 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹126.00 |
| Open | ₹132.00 |
| Low | ₹130.15 |
| High | ₹138.00 |
| Last Trade | ₹130.50 |
Lead Manager Reports
Purple Wave Infocom IPO is a SME IPO of 24,96,000 equity shares of the face value of ₹10 aggregating up to ₹31 Crores. The issue is priced at ₹126 per share. The minimum order quantity is 1000.
The IPO opens on Fri, Nov 28, 2025, and closes on Tue, Dec 2, 2025.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Purple Wave Infocom IPO using UPI as a payment gateway. Zerodha customers can apply in Purple Wave Infocom IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Purple Wave Infocom IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Purple Wave Infocom IPO opens on Fri, Nov 28, 2025 and closes on Tue, Dec 2, 2025.
Purple Wave Infocom IPO lot size is 1000, and the minimum amount required for application is ₹2,52,000, with 2 lots being the minimum application size.
You can apply in Purple Wave Infocom IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Purple Wave Infocom IPO will be done on Wednesday, December 3, 2025, and the allotted shares will be credited to your demat account by Thu, Dec 4, 2025. Check the Purple Wave Infocom IPO allotment status.
The Purple Wave Infocom IPO listing date is on Fri, Dec 5, 2025.
