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Purple Wave Infocom IPO
Price Band
₹120.0–126.0
Issue Size
₹31.45 Cr
Lot Size
1,000 shares
Min Investment
₹252,000
2 LOTS MIN
GMP
—
Issue Price
₹126.0
Purple Wave Infocom IPO AI Summary
- Purple Wave Infocom IPO is listed on BSE SME in the Industrial Products sector.
- Price band: ₹120.0–₹126.0 per share, lot size 1,000 shares (min. investment ₹252,000, 2 lots minimum).
- Subscription window: 28 Nov–02 Dec 2025, listing on 05 Dec 2025.
Purple Wave Infocom Ltd is an SME focused on digital PRO AV equipment, with a diverse product range and strong client relationships. The IPO aims to raise funds for capital expenditure, debt repayment, and general corporate purposes, with a competitive P/E ratio compared to peers.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Purple Wave Infocom IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 02 Dec 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Purple Wave Infocom IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the 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
Company Financials (₹ Cr)
As of 2025-06-30
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 71.05 | 53.48 | 31.59 | 26.70 |
| Total Income | 35.91 | 126.15 | 90.04 | 70.44 |
| Profit After Tax | 3.58 | 9.12 | 5.44 | 0.66 |
| EBITDA | 5.24 | 13.94 | 8.31 | 2.00 |
| NET Worth | 20.88 | 17.30 | 8.18 | 2.75 |
| Reserves and Surplus | 14.13 | 10.55 | 6.68 | 1.25 |
| Total Borrowing | 14.91 | 14.73 | 11.03 | 6.90 |
Key Ratios
EPS
₹13.50
NAV
₹25.63
ROE
71.54%
ROCE
42.80%
RoNW
52.69%
P/B Value
10.39
P/E Ratio
9.33
Market Cap
₹116.50 Cr
PAT Margin
7.23%
Debt/Equity
0.85
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Pro Fx Tech Limited | 28.68 | 33.17% | 9.05 | 9.51 | 9.51 |
| Purple Wave Infocom Ltd. This IPO | 25.63 | 52.69% | — | 13.5 | 13.5 |
Promoters
Manoj Kumar Singh, Sandhya Singh and Ananya Singh
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding capital expenditure requirements of Company towards purchasing an office space cum product display area. 12.91 2 Repayment/ prepayment of certain borrowings. 10.00 3 General Corporate Purposes 4.50 4 Issue Expenses 4.50 Total 31.92
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹70.44 Cr in the year ended 31 Mar 2023, increasing to ₹90.04 Cr by 31 Mar 2024, and further rising to ₹126.15 Cr by 31 Mar 2025. However, for the period ending 30 Jun 2025, total income decreased to ₹35.91 Cr, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹0.66 Cr in the year ended 31 Mar 2023, rising to ₹5.44 Cr by 31 Mar 2024, and further increasing to ₹9.12 Cr by 31 Mar 2025. For the period ending 30 Jun 2025, profit after tax was ₹3.58 Cr, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
Priced at roughly 9.33 trailing earnings, versus peers trading at a P/E of 9.05.
Grey Market Premium, Explained
The grey market refers to the unofficial trading of IPO shares before they are listed on the stock exchange. It can provide an indication of the demand for an IPO, with the Grey Market Premium (GMP) reflecting the expected listing price compared to the issue price. However, GMP is not guaranteed and can fluctuate significantly.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's fundamentals and market conditions.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid investing in IPOs like this, which can be subject to market fluctuations and uncertainties.
IPO Timeline, Explained
The IPO process involves several key dates: the issue opens on 28 Nov 2025 and closes on 02 Dec 2025. Allotment of shares will be done on 03 Dec 2025, and the shares are expected to be listed on the stock exchange on 05 Dec 2025.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While some IPOs may see a surge in their stock price on the first day of trading, others may not. Factors influencing this include market conditions, investor sentiment, and the company's performance. It's important to be cautious and not rely solely on potential listing gains.
This evaluation is generated from Purple Wave Infocom's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of Purple Wave Infocom IPO?
The price band of Purple Wave Infocom IPO is ₹120.0–₹126.0 per share.
When does Purple Wave Infocom IPO open and close?
Purple Wave Infocom IPO opens on 28 November 2025 and closes on 02 December 2025.
When does Purple Wave Infocom IPO list on the stock exchange?
Purple Wave Infocom IPO listed on 05 December 2025 at ₹126.0.
What is the lot size for Purple Wave Infocom IPO?
The lot size for Purple Wave Infocom IPO is 1000 shares, requiring a minimum investment of ₹252,000 (2 lots).
What is the price band for the IPO?
The price band for the IPO is ₹120 to ₹126.
What is the minimum investment required?
The minimum investment required is ₹252,000.
What is the lot size for the IPO?
The lot size for the IPO is 1,000 shares.
When is the IPO expected to be listed?
The IPO is expected to be listed on 05 Dec 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the shares compared to the issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
28 Nov 2025
Close
02 Dec 2025
Allotment
03 Dec 2025
Listing
05 Dec 2025
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