Purple Wave Infocom SME: Check IPO Date, Live Subscription and Key Details
Purple Wave Infocom specializes in digital PRO AV (professional audio-video) integration, post-sales support, and product distribution. The company designs and delivers complete AV and automation solutions for corporate boardrooms, retail digital branding, smart classrooms, government projects, and home theatres. It provides content management services through its SaaS platform **Streampurple**. The company engages in integration services and direct distribution of a wide range of PRO AV products like LED screens, digital signage, cameras, and UC devices. It operates across India and exports to countries such as Singapore, Maldives, Qatar, and Bangladesh.
Price Range
₹120.0 - ₹126.0
Issue Size
₹29.84 Cr
Lot Size
1,000 shares
IPO Type
BSE SME
GMP
-
Est. Listing Price
₹126
Estimate Profit
-
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
15.48
P/E Ratio
8.14
RoNW
52.69%
ROE
71.54%
Debt to Equity
0.85
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Timeline
IPO Opens
28 Nov
IPO Closes
2 Dec
Allotment
3 Dec
Listing
5 Dec
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 28 November 2025 | Subscription starts |
| IPO Close Date | 2 December 2025 | Subscription ends |
| Allotment Date | 3 December 2025 | Allotment |
| Listing Date | 5 December 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,52,000 |
SHNI (Min) | 3 | ₹3,78,000 |
SHNI (Max) | 7 | ₹8,82,000 |
BHNIAbove ₹10,00,000 | 8 | ₹10,08,000 |
IPO Objectives
- Funding capital expenditure requirements of our company towards purchasing an office space cum product display area (₹12.91 Cr).
- Repayment/ prepayment of certain borrowings (₹10.00 Cr).
- General corporate purposes.
Strengths
- The company has a Diversified Service Portfolio, specializing in digital PRO AV integration, product distribution, and SaaS content management, enhancing market reach.
- It leverages Advanced Technological Integration by offering cloud-based communication tools and live-streaming via “Streampurple” for digital transformation.
- The business shows a Wide Geographical Reach, operating across major cities in India and supplying automation solutions to multiple overseas countries.
- It achieved Strong Financial Growth, with revenue increasing by 40% and profit after tax (PAT) surging by 68% between FY24 and FY25.
- The company maintains High Profitability Metrics, boasting an RoNW of 52.69% and RoCE of 43.52% in FY25, reflecting excellent capital utilization.
Weaknesses
- It relies on a Project-Based Revenue Model through competitive tendering, which can lead to revenue volatility and pricing pressure.
- The business has High Working Capital Needs, indicated by a significant portion of the Fresh Issue being allocated to office/display infrastructure and debt repayment.
- The Debt-to-Equity Ratio of 0.85 in FY25 is substantial, although the IPO aims to reduce this level.
- The company has a Reliance on Third-Party Vendors to source key AV products, exposing it to supply chain risks and cost fluctuations.
- It is a Small-Scale Operation in a highly fragmented and competitive PRO AV integration market.
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Financial Performance
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 71.05 | 53.48 | 31.59 | 26.7 |
| Revenue (₹ Cr.) | 35.91 | 126.15 | 90.04 | 70.44 |
| PAT (₹ Cr.) | 3.58 | 9.12 | 5.44 | 0.66 |
| Net Worth (₹ Cr.) | 20.88 | 17.3 | 8.18 | 2.75 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Purple Wave Infocom | 10.39 | 8.14 | 71.54% | 20.88 |
| Pro Fx Tech Limited | 1.8 | 11.37 | 0% | 36.91 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.81x | 0.81x | 11.85x |
| NII | 0.35x | 2.7x | 7.69x |
| S-HNI | 0.14x | 0.42x | 5.32x |
| B-HNI | 0.46x | 3.84x | 8.87x |
| RII | 0.7x | 1.07x | 3.8x |
| Total | 0.65x | 1.35x | 6.88x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 4,80,000 | 56,87,000 | 71.66 |
| NII | 3,78,000 | 29,05,000 | 36.6 |
| Small NII | 1,26,000 | 6,70,000 | 8.44 |
| Big NII | 2,52,000 | 22,35,000 | 28.16 |
| RII | 8,76,000 | 33,30,000 | 41.96 |
| Total | 17,34,000 | 1,19,22,000 | 150.22 |
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Company Details
- Purple Wave Infocom Ltd.
- 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
- investors@purplewave.in
- https://www.purplewave.in/
Registrar Details
- Maashitla Securities Pvt.Ltd.
- +91-11-45121795-96
- investor.ipo@maashitla.com
- https://maashitla.com/allotment-status/public-issues
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