purple wave infocom limited IPO
IPO Overview
Purple wave infocom limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹31.45 Cr. The IPO price band is set at ₹120 to ₹126 per share, and retail investors can apply with a minimum investment of ₹2.52 L as per IPO guidelines.
The Purple wave infocom limited IPO opens on 28 Nov 2025 and closes on 2 Dec 2025. The IPO allotment is expected to be finalized on 3 Dec 2025, and the equity shares are proposed to be listed on BSE on 5 Dec 2025.
Investors can refer to the Purple wave infocom limited IPO RHP-DRHP for detailed information. The issue is managed by Smart Horizon Capital Advisors Pvt.Ltd. as the book running lead manager, while Maashitla Securities Private Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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
Investment Objective
Repayment/ prepayment of certain borrowings.
General corporate purposes