Purple Wave Infocom IPO opens for subscription on 28 November 2025 and will close on 2 December 2025. The IPO is a Book Built Issue and the company aims to raise about ₹31.45 crores. The issue consists entirely of a fresh issue amounting to ₹31.45 crores.
The Purple Wave Infocom IPO is priced between ₹120 to ₹126 per share. The allotment will be declared on 3 December 2025 and the listing is expected on 5 December 2025 at BSE SME. The IPO offers 35% to retail investors, 50% to QIB, and 15% to HNI category.
As per financials, the company’s revenue grew from ₹90.04 crores in 2024 to ₹126.15 crores in 2025, while profit increased from ₹5.44 crores to ₹9.12 crores. Considering the growth, long-term investors may evaluate this IPO.
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Purple Wave Infocom IPO Details
| IPO Details | Information |
|---|---|
| IPO Open Date | 28 November 2025 |
| IPO Close Date | 2 December 2025 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹120 to ₹126 per share |
| Issue Size | Approx ₹31.45 crores |
| Fresh Issue | Approx ₹31.45 crores |
| Offer for Sale | NA |
| Issue Type | Book Built Issue |
| Listing | BSE SME |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
Exato Technologies IPO
Open: 28-2 Dec
Issue Size: ₹37.45 Cr.
Objective: Fund working capital, develop products, repay debt and general purposes.
Exchange: BSE SME
Purple Wave Infocom IPO GMP Today
Purple Wave Infocom IPO GMP has not yet started in the grey market, and investors are currently waiting for the first unofficial premium trends to appear. Since the IPO is scheduled to open on 28 November 2025, market participants are closely tracking early demand signals.
The company aims to raise ₹31.45 crore through this SME issue, with a price band fixed at ₹120 to ₹126 and a lot size of 2,000 shares. As of 3 December, there is no GMP activity reported, which means traders are still waiting for clarity ahead of the official announcement. Once subscriptions pick up, the grey market usually reacts quickly.
For now, prospective investors should monitor GMP movements, Kostak rates, and overall sentiment as these indicators often hint at listing expectations. Stay tuned for fresh updates as soon as grey market premium trends begin.
Purple Wave Infocom IPO Review
The Purple Wave Infocom company has shown strong revenue and profit growth in the last three years with a high return on equity and expanding customer network.
With healthy financials and future business expansion plans, the IPO may attract investors looking at long-term returns. However, investors should consider SME market volatility and competitive risks before investing.
Purple Wave Infocom IPO Market Lot
| Application Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹2,52,000 |
| Retail Maximum | 2 | 2,000 | ₹2,52,000 |
| S-HNI Minimum | 3 | 3,000 | ₹3,78,000 |
| S-HNI Maximum | 7 | 7,000 | ₹8,82,000 |
| B-HNI Minimum | 8 | 8,000 | ₹10,08,000 |
IPO Reservation
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Anchor Investor | 6,34,000 Shares | 25.40% |
| QIB | 4,80,000 Shares | 19.23% |
| NII | 3,78,000 Shares | 15.14% |
| Retail | 8,76,000 Shares | 35.10% |
- Also Read: Omnitech Engineering IPO, Tea Post IPO
Purple Wave Infocom IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | 27 November 2025 |
| Anchor Investors List | View PDF |
| Shares Offered | 6,34,000 Shares |
| Anchor Size | ₹7.99 Crores |
| Lock-in 50% (30 Days) | 2 January 2026 |
| Lock-in 50% (90 Days) | 3 March 2026 |
Purple Wave Infocom IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | 28 November 2025 |
| IPO Close Date | 2 December 2025 |
| Basis of Allotment | 3 December 2025 |
| Refunds | 4 December 2025 |
| Credit to Demat | 4 December 2025 |
| Listing Date | 5 December 2025 |
| Cut-off Time | 2 December 2025 – 5 PM |
Promoters and Holding Pattern
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 67,50,000 | 98.52% |
| Promoter Holding Post Issue | 92,46,000 | – |
Objects of the Issue
The company intends to utilize the IPO proceeds for capital expenditure towards purchasing office space and a product display area, repayment of certain existing borrowings, and general corporate purposes to support overall business expansion.
About Purple Wave Infocom Company
Purple Wave Infocom is engaged in the distribution and supply of technology, electronics, and consumer products through a wide B2B network.
The company has grown significantly over the past three financial years with rising revenue and profitability supported by expanding product categories and strong channel partnerships.
Purple Wave Infocom Company Financial Report
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹70.44 | ₹69.53 | ₹0.66 | ₹26.70 |
| 2024 | ₹90.04 | ₹82.74 | ₹5.44 | ₹31.59 |
| 2025 | ₹126.15 | ₹113.88 | ₹9.12 | ₹53.48 |
| June 2025 | ₹35.91 | ₹31.12 | ₹3.58 | ₹71.05 |
Purple Wave Infocom IPO Valuation – FY2025
| KPI | Values |
|---|---|
| ROE | 71.54% |
| ROCE | 42.80% |
| EBITDA Margin | 11.06% |
| PAT Margin | 7.23% |
| Debt to Equity | 0.85 |
| EPS | ₹13.50 (Basic) |
| P/E Ratio | NA |
| RoNW | 52.69% |
| NAV | ₹25.63 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| PRO FX Tech Limited | 9.51 | 9.05 | 33.17% | 28.68 | – |
IPO Lead Manager
Smart Horizon Capital Advisors Pvt. Ltd.
Company Address
| Particular | Details |
|---|---|
| Address | Plot No 1 & 2, Pocket A-2, 2nd Floor, MNG Tower, Dwarka Sector 17, N.S.I.T. Dwarka, South West Delhi, New Delhi-110078 |
| Phone | 9289102671 |
| investors@purplewave.in | |
| Website | purplewave.in |
IPO Registrar
| Particulars | Details |
|---|---|
| Registrar | Maashitla Securities Pvt. Ltd. |
| Phone | +91-11-45121795-96 |
| investor.ipo@maashitla.com | |
| Website | maashitla.com/allotment-status/public-issues |
Purple Wave Infocom IPO FAQs
What is Purple Wave Infocom IPO?
Purple Wave Infocom IPO is an SME IPO aiming to raise ₹31.45 crores. The issue price band is ₹120 to ₹126 per equity share and will be listed on the BSE.
When does the Purple Wave Infocom IPO open and close?
The IPO opens on November 28, 2025 and closes on December 2, 2025.
How much is the issue size of Purple Wave Infocom IPO?
The total issue size is ₹31.45 crores, which is a complete fresh issue.
What is the price band of Purple Wave Infocom IPO?
The price band is fixed between ₹120 and ₹126 per share.
What is the lot size for Purple Wave Infocom IPO?
Investors need to apply for a minimum of 2,000 shares (₹2,52,000). Higher lots must be in multiples of 2,000 shares.
What is the Purple Wave Infocom IPO allotment date?
The allotment is expected to be finalized on December 3, 2025.
When will Purple Wave Infocom IPO be listed?
Listing is scheduled for December 5, 2025 on the BSE SME platform.
What is the investor portion or quota in Purple Wave Infocom IPO?
QIB quota is 50%, Retail quota is 35%, and NII quota is 15%.
How can retail investors apply for Purple Wave Infocom IPO?
Investors can apply online via ASBA through their bank account or apply using UPI through stockbrokers like Zerodha, Upstox, Groww, Angel One, etc. Offline forms are also available through brokers.
Is it good to apply for Purple Wave Infocom IPO?
Based on financial growth and profitability improvement, experts suggest considering the IPO for long-term investment. However, investors should assess risks and market conditions before applying.
Expert Comment
Purple Wave Infocom has delivered consistent financial improvement and holds strong industry prospects driven by rising demand in the consumer electronics and technology distribution sector.
The valuation parameters like ROE and RoNW indicate strong performance potential. Still, being an SME IPO, cautious and long-term investors may evaluate the issue based on risk and expected returns.
