Purple Wave Infocom Limited IPO

Purple Wave Infocom Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹120 - ₹126

Total Issue

₹31.45 Cr

Bid Dates

28 Nov - 02 Dec

Subscription

6.47x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

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”.

Lot Info

Lot Information for Purple Wave IPO
Category Lots Shares Amount
Individual (Min) 2 2,000 ₹2,52,000
Individual (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
Market Maker
128000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹31.45 Cr
Fresh Issue
₹31.45 Cr (0.25 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹126
Est. Gain 0.00%

Purple Wave IPO Peer Comparison

(Rs. in crores)

Purple Wave IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Purple Wave IPO
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

KPIs

EBITDA

11.06%

PAT

7.23%

ROE

71.54%

ROCE

42.80%

Debt to Equity

0.85

PE Ratio

9.33

PB Ratio

4.92

Mkt Cap (in Crs.)

116.50

  • All Ratios are based on Mar 2024-25.
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

98.52%

Public

1.48%

Manoj Singh 94.25%
Sandhya Singh 4.27%

Management

Manoj Kumar Singh Chairman & MD
Shaurya Somani CEO
Aafaqu Ahmad CFO

Registrar & Lead Managers

Registrar

Maashitla Securities

Maashitla Securities

Lead Managers (1)

Smart Horizon Capital Smart Horizon Capital

Subscription Status

Updated as on 02 Dec 2025 | 05:00:00 PM

BSE SME Subscription Status for Purple Wave IPO
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 Investor 3.80x 8,76,000 33,30,000
Total 6.88x 17,34,000 1,19,22,000

Frequently Asked Questions

What is Purple Wave IPO?
Purple Wave IPO is a SME IPO having an issue size of ₹31.45 Crs. Purple Wave IPO is priced at ₹120 - ₹126 per share. The issue opens on 28 Nov 25 and closes on 02 Dec 25.
When will Purple Wave IPO open?
Purple Wave IPO opens on 28 Nov 25 and closes on 02 Dec 25.
What is the GMP of Purple Wave IPO?
The estimated Grey Market Premium of Purple Wave IPO is ₹0 per share (0.00%).
What is the lot size of Purple Wave IPO?
The minimum lot size of Purple Wave IPO is 1000 shares & the minimum application amount is Rs. 126000.
When is the allotment of Purple Wave IPO?
The allotment date of Purple Wave IPO is 03 Dec 25.
What is the listing date of Purple Wave IPO?
The listing date of Purple Wave IPO is 05 Dec 25.
What is the subscription of Purple Wave IPO?
Purple Wave IPO is subscribed 6.47 times.
What is the price band of Purple Wave IPO?
Purple Wave IPO is priced at ₹120 - ₹126 per share.
How to check allotment status of Purple Wave IPO?
Click the allotment link on Purple Wave IPO page of IPO360.
How to apply Purple Wave IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Purple Wave IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Purple Wave IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Purple Wave IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date