Purple Wave Infocom Limited
Bookbuilding IPO · BSE
- Price band
- ₹120 - ₹126
- Lot size
- 1,000 shares
- Issue amount
- ₹31.45 cr
- Total subscription
- 6.95×
- Opens
- 28 Nov 2025
- Closes
- 2 Dec 2025
- Allotment
- 3 Dec 2025
- Listing
- 5 Dec 2025
Offer at a glance
Issue overview
- Issue size
- 24,96,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹31.45 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,26,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 67,50,000
- Shares after issue
- 92,46,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,000 | ₹2,52,000 |
| sHNI | 3 | 3,000 | ₹3,78,000 |
| bHNI | 8 | 8,000 | ₹10,08,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 2 Dec 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 9 |
| NIB | 0 | 396 |
| RETAIL | 438 | 3,705 |
| HNIs(10L +) | 84 | 180 |
| HNIs (2-10L) | 42 | 230 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 6.05 | 71.66 |
| FIIs | 0 | 11.98 |
| Others | 0 | 59.67 |
| RETAIL | 11.04 | 41.96 |
| NIB | 4.76 | 38.22 |
| HNIs 2+ | 1.59 | 8.44 |
| HNIs 10+ | 3.18 | 29.77 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| EPS | 0 | 0 | 0 | 0 |
| ROE | 18.75 | 71.54 | 99.5 | 26.43 |
| ROCE | 14.48 | 42.8 | 42.43 | 20.98 |
| RONW | 0 | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 9.33 | 0 | 0 |
| POST IPO(PE) | 8.14 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Pro Fx Tech Limited | 9.05 | 86.05 | 10.00 | 28.68 | 33.17 | 9.51 |
| Purple Wave Infocom Ltd | 9.33 | 0 | 10.00 | 25.63 | 52.69 | 13.5 |
Company information
Company profile
Incorporated in 2007, Purple Wave Infocom Ltd specializes in the sale and integration of digital professional audio-video (PRO AV) equipment, offering end-to-end solutions such as system design, integration, management, cloud-based communication, automation services, and on-site support for clients across India and international markets. The company also provides value-added after-sales services, including annual maintenance contracts, technical support, and repair and maintenance of AV infrastructure. Its diverse product portfolio includes LED displays, USB cameras, speakerphones, professional LED/LCD displays, digital podiums, amplifiers, speakers, and computer kiosks, complemented by cloud-based content management services and live-streaming tools through its proprietary platform, Streampurple. As of September 30, 2025, Purple Wave Infocom Ltd employs 86 permanent staff.
Strengths
- Extensive & Custom-Tailored Product Range: The company provides a wide spectrum of PRO AV and automation solutions, from design and integration to on-site support and cloud-driven communication services. Its offerings serve multiple sectors, including corporate spaces, retail, education, government, hospitality, worship venues, and home theatres.
- Strong Client Loyalty & Repeat Business: Through consistent engagement and personalized support, the company has built long-term relationships that lead to recurring demand for LED screens, professional displays, and audio systems. These established connections boost customer retention and drive steady, sustainable growth.
- Highly Experienced Promoters & Leadership: The company is led by promoters with 28 and 17 years of industry experience, bringing deep technical expertise and long-term vision. Their leadership fosters innovation, supports strategic expansion, and ensures delivery of customized AV solutions across diverse customer segments.
Risk factors
- No Long-Term Customer Contracts: The company works solely on project-based orders without fixed agreements. Since customers can stop placing orders anytime, this may lead to inconsistent order flow, revenue fluctuations, and pressure on profitability.
- High Dependence on External Suppliers: The company’s operations rely on third-party suppliers for PRO AV products. Any supply delays, price changes, or loss of key vendors—especially in the absence of long-term supply commitments—can affect operations, delivery schedules, and overall financial performance.
- Risks in Market Adoption & Innovation: Continued growth requires the company to innovate, launch new products, and keep pace with changing technologies and customer preferences. Inability to introduce commercially successful products or adapt to market needs may hinder expansion and reduce competitiveness.
Promoters
Mr. Manoj Kumar Singh
Sandhya Singh
Ananya Singh
Registrar & documents
Lead manager
Smart Horizon Capital Advisors Private Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
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
9289102671
[email protected]Company website ↗Understanding PURPLEWAVE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.