Purple Wave Infocom Limited SME IPO

₹2,52,000 Min Investment

Issue Opening Date
November 28, 2025
Issue Closing Date
December 2, 2025
Price Band
₹120 to ₹126 per share
Lot Size
1,000 Shares
Purple Wave Infocom Limited SME IPO ClosedOpen

₹2,52,000

Min. investment
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Snapshot

Purple Wave Infocom is an asset-light audio-visual (AV) technology solutions provider specializing in the integration, sale, and support of Professional Audio-Video (PRO AV) systems across India and select overseas markets. Founded in 2007, the company offers end-to-end services including AV system design, hardware and software integration, installation, cloud-based communication tools, and post-sales maintenance—serving clients in corporate, government, education, hospitality, and retail sectors. Its key offerings span digital signage, live-streaming platforms (Streampurple), video walls, conferencing solutions, and content management tools. The business drives revenue through three segments: AV integration projects, distribution of a broad product portfolio (LED screens, cameras, UC devices), and after-sales/AMC services. Purple Wave Infocom’s distribution and branch network extends from its headquarters in Delhi, supported by warehouses at key metro locations, and the company has shown strong profitability improvement and upward revenue growth, albeit with working-capital intensity and third-party supply dependence as business risks.

Company Vision

Purple Wave Infocom's vision focuses on being a leading and trusted provider of innovative audio-visual technology solutions, delivering comprehensive, customized professional AV integration and services to corporate and institutional clients. The company aims to empower client communication and collaboration through cutting-edge AV technology, reliable system design and implementation, and continued support, thereby enhancing user experience and business productivity. It is committed to fostering long-term relationships with clients and partners by upholding high standards of quality, innovation, and customer satisfaction.

Growth Prospects

Purple Wave Infocom is experiencing robust growth, with revenue surging by 40% from ₹90.04 crore in FY24 to ₹126.15 crore in FY25 and profit after tax rising 68% in the same period. The company’s asset-light business model and expanding presence in IT networking, digital displays, and cloud-based AV services are key drivers, supported by strong demand from corporates, educational institutions, and the government sector for integrated AV and communication solutions. Industry tailwinds—including the acceleration of digital transformation for hybrid work, online education, and live streaming—further amplify its market prospects. While operations remain capital intensive and exposed to third-party supply and technology upgrades, Purple Wave’s multi-vertical revenue model (project integration, product sales, AMC services), skilled management, and broadening client base suggest strong long-term scalability as digital communication needs increase across India.

Risk

Key risks for Purple Wave Infocom include high dependence on third-party manufacturers for both product quality and supply continuity, which exposes the company to disruptions in inventory availability or import delays. Working-capital intensive operations, driven by inventory and credit cycles, further elevate financial risk, while the project-based revenue model may result in uneven cash flows and profitability. The company also faces intense competition from established brands in electronics and accessories, limited differentiation, and vulnerability to rapid technology shifts that require frequent product upgrades. Additional risks include reliance on select key customers, potentially high revenue concentration, and relatively low liquidity and transparency typical of SME listings.

Purple Wave Infocom Limited Details

Issue Opening Date November 28, 2025
Issue Closing Date December 2, 2025
Price Band ₹120 to ₹126 per share
Bid Lot 1,000 Shares
Sale Type Fresh Capital
Face value ₹10 per share
Total Issue Size 24,96,000 shares(aggregating up to ₹31.45 Cr)
Reserved for Market Maker 1,28,000 shares(aggregating up to ₹1.61 Cr)
Net Offered to Public 23,68,000 shares(aggregating up to ₹29.84 Cr)
Issue Type Bookbuilding IPO
Listing At BSE SME

Purple Wave Infocom Limited Timeline (Tentative Schedule)

IPO Open Date Fri, Nov 28, 2025
IPO Close Date Tue, Dec 2, 2025
Tentative Allotment Wed, Dec 3, 2025
Initiation of Refunds Thu, Dec 4, 2025
Credit of Shares to Demat Thu, Dec 4, 2025
Tentative Listing Date Fri, Dec 5, 2025
Cut- off time for UPI mantate Confirmation 5 PM on Tue, Dec 2, 2025

Purple Wave Infocom Limited Financial Information (Restated)

Amount in Cr. FY2025 FY2025 FY2024 FY2023
Total Assets 71.05/td> 53.48 31.59 26.70
Total Revenue 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 20.88 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
Purple Wave Infocom Pvt.Ltd.  Registrar

Maashitla Securities Pvt.Ltd.

+91-11-45121795-96
investor.ipo@maashitla.com
https://maashitla.com/allotment-status/public-issues

Prospectus Document

Official Red Herring Prospectus (RHP)

For detailed company and issue information

SEBI Registration No: NSE Cash: INB231219636 | SEBI Registration No: NSE Derivative: INF231219636 | SEBI Registration No: BSE Cash: INB011219632 | SEBI Registration No: MCX-SX: INE261219636 | SEBI Registration No: NSE Currency: INE231219636 | SEBI Registration No: USE: INE271219631 | SEBI Registration No: CDSL: IN-DP-CDSL-3242005 | NCDEX Membership No: 00635 | MCX Membership No: 28850 | NSEL Membership No: 10650 | RBI Registration No: NBFC: N-14.03215 | IRDA Registration Number : CB-066/03 | AMFI Registration No : ARN -0032| SEBI Registration No: Merchant Banker: INM000007508

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