Purple Wave Infocom IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Nov 28 to Dec 02 2025
Price Band
₹120 - 126
Current GMP
₹132.0 (+4.76%)
Subscription
6.88 times
IPO Details
| IPO Date | November 28, 2025 to December 2, 2025 |
| Listing Date | December 5, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹120 to ₹126 per share |
| Issue Price Final | ₹126 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 24,96,000 shares (aggregating up to ₹31.45 Cr) |
| Reserved for Market Maker | 1,28,000 shares (aggregating up to ₹1.61 Cr)Shreni Shares Ltd. |
| Net Offered to Public | 23,68,000 shares (aggregating up to ₹29.84 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 67,50,000 shares |
| Share Holding Post Issue | 92,46,000 shares |
IPO Date
November 28, 2025 to December 2, 2025
Listing Date
December 5, 2025
Face Value
₹10 per share
Issue Price Band
₹120 to ₹126 per share
Issue Price Final
₹126 per share
Lot Size
1,000 Shares
Sale Type
Fresh Capital
Total Issue Size
24,96,000 shares (aggregating up to ₹31.45 Cr)
Reserved for Market Maker
1,28,000 shares (aggregating up to ₹1.61 Cr)Shreni Shares Ltd.
Net Offered to Public
23,68,000 shares (aggregating up to ₹29.84 Cr)
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Share Holding Pre Issue
67,50,000 shares
Share Holding Post Issue
92,46,000 shares
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 11.85 |
| Non-Institutional Buyers*** | 7.69 |
| bNII (bids above ₹10L) | 8.87 |
| sNII (bids below ₹10L) | 5.32 |
| Individual Investors (IND category bidding for 2 Lots) | 3.80 |
| Total ** | 6.88 |
Anchor Investors
1
Market Maker
1
QIB (Ex Anchor)
11.85
Non-Institutional Buyers***
7.69
bNII (bids above ₹10L)
8.87
sNII (bids below ₹10L)
5.32
Individual Investors (IND category bidding for 2 Lots)
3.80
Total **
6.88
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Day 1 Nov 28, 2025 | 0.81 | 0.35 | 0.46 | 0.14 | 0.70 | 0.65 |
| Day 2 Dec 1, 2025 | 0.81 | 2.70 | 3.84 | 0.42 | 1.07 | 1.35 |
| Day 3 Dec 2, 2025 | 11.85 | 7.69 | 8.87 | 5.32 | 3.80 | 6.88 |
DayDay 1
Nov 28, 2025
QIB (Ex Anchor)0.81
NII*0.35
NII (> ₹10L)0.46
NII (< ₹10L)0.14
Individual Investors0.70
Total0.65
DayDay 2
Dec 1, 2025
QIB (Ex Anchor)0.81
NII*2.70
NII (> ₹10L)3.84
NII (< ₹10L)0.42
Individual Investors1.07
Total1.35
DayDay 3
Dec 2, 2025
QIB (Ex Anchor)11.85
NII*7.69
NII (> ₹10L)8.87
NII (< ₹10L)5.32
Individual Investors3.80
Total6.88
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 05-12-2025 | 126.00 | 0(0.00%) | 126 |
| 04-12-2025 | 126.00 | 0(0.00%) | 126 |
| 03-12-2025 | 126.00 | 0(0.00%) | 126 |
| 02-12-2025 | 126.00 | 0(0.00%) | 126 |
| 01-12-2025 | 126.00 | 0(0.00%) | 126 |
| 30-11-2025 | 126.00 | 0(0.00%) | 126 |
| 29-11-2025 | 126.00 | 0(0.00%) | 126 |
| 28-11-2025 | 126.00 | 0(0.00%) | 126 |
| 27-11-2025 | 126.00 | 0(0.00%) | 126 |
| 26-11-2025 | 126.00 | 0(0.00%) | 126 |
| 25-11-2025 | 126.00 | 0(0.00%) | 126 |
| 24-11-2025 | 126.00 | 0(0.00%) | 126 |
Date05-12-2025
Price126.00
GMP0(0.00%)
Estimate List Price126
Date04-12-2025
Price126.00
GMP0(0.00%)
Estimate List Price126
Date03-12-2025
Price126.00
GMP0(0.00%)
Estimate List Price126
Date02-12-2025
Price126.00
GMP0(0.00%)
Estimate List Price126
Date01-12-2025
Price126.00
GMP0(0.00%)
Estimate List Price126
Date30-11-2025
Price126.00
GMP0(0.00%)
Estimate List Price126
Date29-11-2025
Price126.00
GMP0(0.00%)
Estimate List Price126
Date28-11-2025
Price126.00
GMP0(0.00%)
Estimate List Price126
Date27-11-2025
Price126.00
GMP0(0.00%)
Estimate List Price126
Date26-11-2025
Price126.00
GMP0(0.00%)
Estimate List Price126
Date25-11-2025
Price126.00
GMP0(0.00%)
Estimate List Price126
Date24-11-2025
Price126.00
GMP0(0.00%)
Estimate List Price126
IPO Important Dates
| IPO Open Date | Fri, Nov 28, 2025 |
| IPO Close Date | Tue, Dec 2, 2025 |
| Tentative Allotment | Wed, Dec 3, 2025 |
| Initiation of Refunds | Thu, Dec 4, 2025 |
| Credit of Shares to Demat | Thu, Dec 4, 2025 |
| Tentative Listing Date | Fri, Dec 5, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Dec 2, 2025 |
IPO Open Date
Fri, Nov 28, 2025
IPO Close Date
Tue, Dec 2, 2025
Tentative Allotment
Wed, Dec 3, 2025
Initiation of Refunds
Thu, Dec 4, 2025
Credit of Shares to Demat
Thu, Dec 4, 2025
Tentative Listing Date
Fri, Dec 5, 2025
Cut-off time for UPI mandate confirmation
5 PM on Tue, Dec 2, 2025
IPO Lot Size
| 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 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares2,000
Amount₹2,52,000
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares2,000
Amount₹2,52,000
ApplicationS-HNI (Min)
Lots3
Shares3,000
Amount₹3,78,000
ApplicationS-HNI (Max)
Lots7
Shares7,000
Amount₹8,82,000
ApplicationB-HNI (Min)
Lots8
Shares8,000
Amount₹10,08,000
Financial Information
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 71.05 | 53.48 | 31.59 |
| Total Income | 35.91 | 126.15 | 90.04 |
| Profit After Tax | 3.58 | 9.12 | 5.44 |
| EBITDA | 5.24 | 13.94 | 8.31 |
| NET Worth | 20.88 | 17.30 | 8.18 |
| Reserves and Surplus | 14.13 | 10.55 | 6.68 |
| Total Borrowing | 14.91 | 14.73 | 11.03 |
Period EndedPeriod Ended
30 Jun 202530 Jun 2025
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
Period EndedAssets
30 Jun 202571.05
31 Mar 202553.48
31 Mar 202431.59
Period EndedTotal Income
30 Jun 202535.91
31 Mar 2025126.15
31 Mar 202490.04
Period EndedProfit After Tax
30 Jun 20253.58
31 Mar 20259.12
31 Mar 20245.44
Period EndedEBITDA
30 Jun 20255.24
31 Mar 202513.94
31 Mar 20248.31
Period EndedNET Worth
30 Jun 202520.88
31 Mar 202517.30
31 Mar 20248.18
Period EndedReserves and Surplus
30 Jun 202514.13
31 Mar 202510.55
31 Mar 20246.68
Period EndedTotal Borrowing
30 Jun 202514.91
31 Mar 202514.73
31 Mar 202411.03
Key Performance Indicator
| ROE | 71.54 |
| ROCE | 42.8 |
| Debt/Equity | 0.85 |
| RoNW | 52.69 |
| PAT Margin | 7.23 |
| EBITDA Margin | 11.06 |
| Price to Book Value | 10.39 |
| Market Capitalization | 116.5 |
ROE
71.54
ROCE
42.8
Debt/Equity
0.85
RoNW
52.69
PAT Margin
7.23
EBITDA Margin
11.06
Price to Book Value
10.39
Market Capitalization
116.5
Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio |
|---|---|---|---|---|---|---|
| Purple Wave Infocom Ltd. | 13.50 | 13.50 | 25.63 | 52.69 | 5.04 | |
| Pro Fx Tech Limited | 9.51 | 9.51 | 28.68 | 9.05 | 33.17 | 3.07 |
Company NamePurple Wave Infocom Ltd.
EPS (Basic)13.50
EPS (Diluted)13.50
NAV (per share) (Rs)25.63
P/E (x)
RoNW (%)52.69
P/BV Ratio5.04
Company NamePro Fx Tech Limited
EPS (Basic)9.51
EPS (Diluted)9.51
NAV (per share) (Rs)28.68
P/E (x)9.05
RoNW (%)33.17
P/BV Ratio3.07
IPO Reservation
| Market Maker Shares Offered | 1,28,000 (5.13%) |
| QIB Shares Offered | 11,14,000 (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 (15.14%) |
| − bNII > ₹10L | 2,52,000 (10.10%) |
| − sNII < ₹10L | 1,26,000 (5.05%) |
| Retail Shares Offered | 8,76,000 (35.10%) |
| Total Shares Offered | 24,96,000 (100.00%) |
Market Maker Shares Offered
1,28,000 (5.13%)
QIB Shares Offered
11,14,000 (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 (15.14%)
− bNII > ₹10L
2,52,000 (10.10%)
− sNII < ₹10L
1,26,000 (5.05%)
Retail Shares Offered
8,76,000 (35.10%)
Total Shares Offered
24,96,000 (100.00%)
Information about company
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:
Direct Sales and Distribution of PRO AV products.
Cloud-Based Content Management Services – a tool that enables users to create, store, edit, and publish digital content on screens.
Live Streaming and Content Management through the proprietary platform Streampurple.
After-Sales Services, including annual maintenance contracts (AMC), technical support, and repair & maintenance of AV infrastructure.
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:
Wide product portfolio having applications across various customer segments.
Well established relationship with clients.
Leveraging the experience of our Promoters and Directors.
Wide geographical reach
Objectives of IPO
The Company Purple Wave IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (in Millions)
1
Funding capital expenditure requirements of our company towards purchasing an office space cum product display area.
129.10
2
Repayment/ prepayment of certain borrowings.
100.00
3
General corporate purposes
Disclaimer
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