Purple Wave Infocom Limited IPO
Price Band
₹120 - ₹126
Total Issue
₹31 Cr
Bid Dates
28 Nov - 02 Dec
Subscription
6.88x
Listing Price
₹132 (4.76%)
Valuation
Market Cap
₹116.50 Cr
P/E Ratio
9.33x
P/B Ratio
4.92x
Purple Wave IPO Dates
Conflicting IPOs
IPOs with overlapping timeline
Business Overview
Purple wave, established in 2007, provides digital PRO AV integration, post-sales support and distribution services. It delivers end-to-end customised AV and automation solutions covering design, integration, management and on-site support, along with cloud-based communication offerings for clients in India and overseas. Its technology solutions enhance communication, connectivity and visual engagement across corporate boardrooms, retail branding, advertising, smart classrooms, government projects, places of worship, home theatres and experience centres. The company also offers value-added services, including SaaS-based content management and live-streaming solutions through “Streampurple”.
Purple Wave IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Ind (Min) | 2 | 2,000 | ₹2,52,000 |
| Ind (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 IPO Size
Objects of Issue
- Funding capital expenditure for purchasing an office space cum product display area.
- Repayment/ prepayment of certain borrowings availed by the Company.
- General corporate purposes
Purple Wave IPO Live Subscription
Updated as on 02 Dec 2025 | 05:00:00 PM
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 11.85x | 4,80,000 | 56,87,000 |
| NII | 7.69x | 3,78,000 | 29,05,000 |
| bHNI | 8.87x | 2,52,000 | 22,35,000 |
| sHNI | 5.32x | 1,26,000 | 6,70,000 |
| Individual | 3.80x | 8,76,000 | 33,30,000 |
| Total | 6.88x | 17,34,000 | 1,19,22,000 |
Purple Wave IPO Details Live GMP
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 04 Dec | ₹0 (0%) | ₹126 |
| 03 Dec | ₹0 (0%) | ₹126 |
| 02 Dec | ₹0 (0%) | ₹126 |
| 01 Dec | ₹0 (0%) | ₹126 |
| 30 Nov | ₹0 (0%) | ₹126 |
| 29 Nov | ₹0 (0%) | ₹126 |
| 28 Nov | ₹0 (0%) | ₹126 |
| 27 Nov | ₹0 (0%) | ₹126 |
| 26 Nov | ₹0 (0%) | ₹126 |
| 25 Nov | ₹0 (0%) | ₹126 |
| 24 Nov | ₹0 (0%) | ₹126 |
Purple Wave IPO Peer Comparison
(Rs. in crores)
| Particulars | Purplewave Ltd. | PRO FX Ltd. |
|---|---|---|
| Revenue from Ops (in Crs.) | 126.02 | 129.38 |
| PAT (In Crs.) | 9.12 | 12.24 |
| EPS - Basic | 13.50 | 9.51 |
| NAV per share | 25.63 | 28.68 |
| RONW | 52.69% | 33.17% |
| EBITDA | 11.06% | 13.38% |
| PAT Margin | 7.23% | 9.46% |
| Price to earning (PE) | 9.33 | 9.05 |
- All the information pertains to FY 2024-25.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of November 19, 2025 for Peers
Purple Wave IPO Financial Performance
(Rs. in crores)
| Particulars | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue from Operations | 35.91 | 126.15 | 90.04 | 70.44 |
| Profit after Tax | 3.58 | 9.12 | 5.44 | 0.66 |
| Net Worth | 20.88 | 17.30 | 8.18 | 2.75 |
| Total Borrowing | 14.91 | 14.73 | 11.03 | 6.90 |
| Total Assets | 71.05 | 53.48 | 31.59 | 26.70 |
| NAV per share (in ₹) | 30.93 | 25.63 | 12.13 | 4.07 |
| EPS - Basic (in ₹) | 5.30 | 13.50 | 8.06 | 0.98 |
Key Performance Indicators (KPIs)
EBITDA
11.06%
PAT
7.23%
ROE
71.54%
ROCE
42.80%
Debt to Equity
0.85
- All Ratios are based on Mar 2024-25.
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Promoter Holding
Promoter
98.52%
Public
1.48%
Management
Registrar & Lead Managers
Registrar
Maashitla Securities
Lead Managers (1)
Company Details
Name: Purple Wave Infocom Limited
Address: Plot No. 1 & 2, Pocket A2, MNG Tower, First Floor, Dwarka Sector 17, South West Delhi, N.S.I.T. Dwarka, South West Delhi, New Delhi, Delhi, India, 110078
Number: +91 9289102671
Email: investors@purplewave.in
Website: www.purplewave.in
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How to apply Purple Wave IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Purple Wave IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Purple Wave IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Purple Wave IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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