Purple Wave Infocom Ltd. is opening a ₹31.45 crore SME IPO (100% fresh issue) of 24,96,000 equity shares. The public offer opens on Nov 28, 2025 and closes on Dec 2, 2025. Tentative allotment is expected on Dec 3, 2025, refunds initiated and shares credited on Dec 4, 2025, and tentative listing on BSE SME on Dec 5, 2025.
Purple Wave Infocom IPO
BSE SME • Mainboard book-built / Fresh Issue (SME)
UPCOMING IPOPurple Wave Infocom Ltd. is opening a ₹31.45 crore SME IPO (100% fresh issue) of 24,96,000 equity shares. The public offer opens on Nov 28, 2025 and closes on Dec 2, 2025. Tentative allotment is expected on Dec 3, 2025, refunds initiated and shares credited on Dec 4, 2025, and tentative listing on BSE SME on Dec 5, 2025.
The price band is set at ₹120 to ₹126 per share. Minimum retail application is 2,000 shares (₹2,52,000) — lot size 1,000 (applies in multiples of 1,000, retail min = 2 lots).
| Face Value | ₹10 per share |
|---|---|
| Issue Price Band | ₹120 to ₹126 per share |
| Offer Structure | Fresh Issue (100% Fresh) |
| Total Shares | 24,96,000 shares (aggregating up to ₹31.45 Cr) |
| Issue Type | Book-building IPO (SME) |
| Listing | BSE SME |
| Share Holding (Pre / Post) | 67,50,000 / 92,46,000 shares |
| Lead Manager | Smart Horizon Capital Advisors Pvt. Ltd. |
| Registrar | Maashitla Securities Pvt. Ltd. |
| Market Maker | Shreni Shares Ltd. |
| Investor Category | Reservation / Shares Offered |
|---|---|
| Market Maker | 1,28,000 shares (5.13%) |
| QIB | 11,14,000 shares (44.63%) |
| NII (HNI) | 3,78,000 shares (15.14%) |
| Retail (RII) | 8,76,000 shares (35.10%) |
| IPO Open | Fri, Nov 28, 2025 |
|---|---|
| IPO Close | Tue, Dec 2, 2025 |
| Allotment (Tentative) | Wed, Dec 3, 2025 |
| Initiation of Refunds | Thu, Dec 4, 2025 |
| Credit of Shares to Demat | Thu, Dec 4, 2025 |
| Listing (Tentative) | Fri, Dec 5, 2025 |
| UPI Mandate Cut-off | 5 PM on Tue, Dec 2, 2025 |
| Application | Lots | Shares | Amount (at ₹126) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,52,000 |
| 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 |
Note: Amounts calculated at upper price band (₹126). Retail min = 2 lots (2,000 shares) as per SME min application rule.
Incorporated in 2007, Purple Wave Infocom Ltd. is engaged in sale & integration of professional audio-video (PRO AV) equipment and cloud-based content management. The company provides end-to-end PRO AV solutions, automation, live streaming (via proprietary Streampurple platform), and after-sales AMC & technical support. As of Sep 30, 2025, Purple Wave Infocom had 86 permanent employees and a geographically diversified customer base.
Key offerings: PRO AV product sales & distribution, cloud content management, live streaming & CMS, AMC & repair services, LED displays, cameras, speakerphones, professional displays, digital kiosks and more.
Period wise summary (Amounts in ₹ Crore)
| Period Ended | Assets | Total Income | PAT | EBITDA | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|---|
| 30 Jun 2025 | 71.05 | 35.91 | 3.58 | 5.24 | 20.88 | 14.13 | 14.91 |
| 31 Mar 2025 | 53.48 | 126.15 | 9.12 | 13.94 | 17.30 | 10.55 | 14.73 |
| 31 Mar 2024 | 31.59 | 90.04 | 5.44 | 8.31 | 8.18 | 6.68 | 11.03 |
| 31 Mar 2023 | 26.70 | 70.44 | 0.66 | 2.00 | 2.75 | 1.25 | 6.90 |
KPIs (as of Mar 31, 2025): ROE 71.54% | ROCE 42.80% | Debt/Equity 0.85 | PAT Margin 7.23% | EBITDA Margin 11.06% | Market Cap: ₹116.50 Cr.
| 1 | Funding capital expenditure towards purchasing an office space cum product display area — ₹129.10 Mn |
|---|---|
| 2 | Repayment / prepayment of certain borrowings — ₹100.00 Mn |
| 3 | General corporate purposes |
Broker Review (summary): PWIL operates in PRO AV integration, a crowded segment. Strong reported growth but some reviewers flag valuation and small post-IPO equity base; recommended for risk-tolerant/longer-term investors. Read full RHP/RHP reviews before subscribing.
Company Contact
- Address: Plot No 1 & 2, Pocket A-2, 2nd Floor, MNG Tower, Dwarka Sector 17, New Delhi, 110078
- Phone: 9289102671
- Email: investors@purplewave.in
- Website: https://www.purplewave.in/
Registrar
- Maashitla Securities Pvt. Ltd. — Phone: +91-11-45121795-96 | Email: investor.ipo@maashitla.com