Purple Wave Infocom Ltd. (BSE SME)

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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 Size24,96,000  shares (aggregating up to ₹31.45 Cr)
Fresh Issue24,96,000 shares (aggregating up to ₹31.45 Cr)
Issue TypeBookbuilding IPO
Listing AtBSE SME
Share Holding Pre Issue67,50,000 shares
Share Holding Post Issue92,46,000 shares
Reserved for Market Maker1,28,000 shares (aggregating up to ₹1.61 Cr)
Market MakerShreni Shares Ltd.
Key Performance Indicators (KPI)
KPIJun-25Mar-25Mar-24Mar-23
ROE18.75%71.54%99.50%26.43%
ROCE14.48%42.80%42.43%20.98%
Debt/ Equity0.710.851.352.51
P/E
Pre IPO
9.33
P/E
Post IPO
8.14
Company Financial (In ₹Crore)
Period EndedJun-25Mar-25Mar-24Mar-23
Assets71.0553.4831.5926.7
Total Income35.91126.1590.0470.44
Profit After Tax3.589.125.440.66
EBITDA5.2413.948.312.00
NET Worth20.8817.38.182.75
Reserves and Surplus14.1310.556.681.25
Total Borrowing14.9114.7311.036.9

Peer Comparision (Valuation)
 Company  P/E (x)  CMP*(₹)  Face value (₹) 
 Purplewave Infocom Limited  9.33 10.00
PRO FX Tech Limited9.0586.0510.00
SOURCE:RHP,The figures for The company are based on Restated Financial Statements for the year ended March 31, 2025, after considering the bonus issue. P/E Ratio has been computed based on their respective closing market price on November 19, 2025, as divided by the Basic EPS as on March 31, 2025.In the above peer comparison table, we have shown the P/E ratio of the IPO issuer company based on the pre-IPO valuation.


Peer Comparision (Financial Performance)
CompanyNAV/Share (₹)RoNW (%)EPS (Basic) (₹)
Purplewave Infocom Limited25.6352.6913.5
PRO FX Tech Limited28.6833.179.51
About Company
Incorporated: 2007

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

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 DelhiNew Delhi, 110078
Phone9289102671
Emailinvestors@purplewave.in
Website: https://www.purplewave.in/

Purple Wave Infocom Registrar

Maashitla Securities Private Limited
Address: Maashitla Securities Private Limited 451, Krishna Apra Business Square Netaji Subhash Place Pitampura, Delhi, 110034

Purple Wave Infocom Reviewers

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