Purple Wave Infocom
November 28, 2025 – December 2, 2025
| Price | ₹120 - ₹126 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 1000 |
| Issue size | ₹31.45 cr |
| Allotment | Dec 3, 2025 |
| Listing | Dec 5, 2025 |
Purple Wave Infocom Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 2000 | 252000 | 438 |
| sHNI | 3 | 3000 | 378000 | 42 |
| bHNI | 8 | 8000 | 1008000 | 84 |
Purple Wave Infocom Reservation
| Category | Shares Offered | % |
|---|---|---|
| Anchor | 634000 | 25.4% |
| QIB | 480000 | 19.23% |
| HNI | 378000 | 15.14% |
| INDIVIDUAL | 876000 | 35.1% |
| Market Maker | 128000 | 5.13% |
| Total | 2496000 | 100% |
Purple Wave Infocom About
IPO Details
| Total Issue Size | 24,96,000 shares (aggregating up to ₹31.45 Cr) |
| Fresh Issue | 24,96,000 shares (aggregating up to ₹31.45 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 |
| Reserved for Market Maker | 1,28,000 shares (aggregating up to ₹1.61 Cr) |
| Market Maker | Shreni Shares Ltd. |
Key Performance Indicators (KPI)
| KPI | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| ROE | 18.75% | 71.54% | 99.50% | 26.43% |
| ROCE | 14.48% | 42.80% | 42.43% | 20.98% |
| Debt/ Equity | 0.71 | 0.85 | 1.35 | 2.51 |
| P/E Pre IPO | 9.33 | |||
| P/E Post IPO | 8.14 |
Company Financial (In ₹Crore)
| Period Ended | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 71.05 | 53.48 | 31.59 | 26.7 |
| 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 | 17.3 | 8.18 | 2.75 |
| Reserves and Surplus | 14.13 | 10.55 | 6.68 | 1.25 |
| Total Borrowing | 14.91 | 14.73 | 11.03 | 6.9 |
Peer Comparision (Valuation)
| Company | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| Purplewave Infocom Limited | 9.33 | 10.00 | |
| PRO FX Tech Limited | 9.05 | 86.05 | 10.00 |
Peer Comparision (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Purplewave Infocom Limited | 25.63 | 52.69 | 13.5 |
| PRO FX Tech Limited | 28.68 | 33.17 | 9.51 |
About Company
Industry: Professional Audio-Video (PRO AV) Solutions
Purple Wave Infocom Ltd is engaged in the sale, integration, and support of digital professional audio-video (PRO AV) equipment. The company delivers complete, end-to-end solutions including system design, integration, project execution, management, and on-site technical support for clients across India and select international markets.
Business Operations
Purple Wave provides a full suite of PRO AV and automation solutions, enabling organizations to modernize communication, collaboration, and digital content experiences. The company also offers cloud-based communication and automation services, strengthening its technology-driven AV portfolio.
In addition, Purple Wave offers after-sales value-added services, such as:
- Annual Maintenance Contracts (AMC)
- Technical support
- Repair and maintenance of AV infrastructure
These services ensure optimal product performance and enhanced customer satisfaction.
Key Offerings
1. Direct Sales & Distribution of PRO AV Products
Supply of high-quality audio-video hardware across applications such as conferencing, collaboration, signage, and digital communication.
2. Cloud-Based Content Management Services
A digital tool that allows users to create, store, edit, schedule, and publish content across display screens remotely.
3. Streampurple – Live Streaming & Content Management Platform
A proprietary platform enabling live streaming, content scheduling, and seamless broadcasting for enterprise and event needs.
4. After-Sales Services
Comprehensive AMC packages and technical support, including troubleshooting, repair, and maintenance of AV systems to ensure long-term reliability.
Manufactured Products
Purple Wave Infocom Ltd manufactures a wide range of AV hardware, including:
- LED displays
- USB cameras
- Speakerphones
- Professional LED/LCD displays
- Digital podiums and lecterns
- Speakers and amplifiers
- Computer kiosks
- And various other audio-video products
Strength
Wide & Customised Product Portfolio: The company offers a comprehensive range of PRO AV and automation solutions, including design, integration, on-site support, and cloud-based communication services. Its solutions cater to varied segments such as corporate boardrooms, retail, education, government, hospitality, worship spaces, and home theatre installations.
Strong & Long-Standing Client Relationships: Consistent communication and personalized service have helped the company build a loyal client base that provides repeat business for LED screens, professional displays, and audio solutions. These strong relationships enhance customer retention and support sustainable growth.
Experienced Promoters & Leadership Team: The company benefits from the extensive industry experience of its promoters—28 years and 17 years respectively. Their deep technical knowledge and long-standing association with the company drive innovation, guide strategic growth, and ensure the delivery of tailored AV solutions to diverse clients.
Weakness
Absence of Long-Term Customer Contracts: The company operates entirely on project-based, order-by-order engagements with no fixed long-term agreements. Customers may discontinue orders at any time without notice, causing fluctuations in order flow, revenue variability, and potential impact on profitability.
Dependence on Third-Party Suppliers: Business operations rely heavily on the timely and consistent supply of PRO AV products. Any disruption, price volatility, or loss of key suppliers—especially without firm supply commitments—may adversely affect operations, delivery timelines, and financial performance.
Market Adoption & Product Innovation Risks: Future growth depends on the company’s ability to introduce new products, adapt to evolving technologies, and meet changing customer preferences. Failure to innovate or identify products that achieve market acceptance at profitable margins may limit expansion and impact competitiveness.
Purple Wave Infocom Lead Manager(s)
Purple Wave Infocom Address
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
Phone: 9289102671
Email: investors@purplewave.in
Website: https://www.purplewave.in/
Purple Wave Infocom Registrar
Purple Wave Infocom Reviewers
| Reviewer | Recommendation | File |
|---|