Purple wave, established in 2007, provides digital PRO AV integration, post-sales support and distribution services. It delivers end-to-end customised AV and automation solutions covering design, integration, management and on-site support, along with cloud-based communication offerings for clients in India and overseas. Its technology solutions enhance communication, connectivity and visual engagement across corporate boardrooms, retail branding, advertising, smart classrooms, government projects, places of worship, home theatres and experience centres. The company also offers value-added services, including SaaS-based content management and live-streaming solutions through “Streampurple”.
Price Band₹120 - ₹126 |
Dates28 Nov - 02 Dec |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹31.45 Crs |
Purple Wave IPO Objects
- Funding capital expenditure for purchasing an office space cum product display area.
- Repayment/ prepayment of certain borrowings availed by the Company.
- General corporate purposes
Purple Wave IPO Details
Price Band₹120 - ₹126 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹31.45 Cr (0.25 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹31.45 Cr (0.25 Cr Shares) |
Face Value₹10 per equity share |
Purple Wave IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
2,000
2,52,000
Maximum
2
2,000
2,52,000
|
|||
| Small HNI |
Minimum
3
3,000
3,78,000
Maximum
7
7,000
8,82,000
|
|||
| Big HNI |
Minimum
8
8,000
10,08,000
|
|||
Purple Wave IPO GMP
The estimated Grey Market Premium of Purple Wave IPO is ₹0 per share (0.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 128000 EQ Shares |
Purple Wave IPO Financials
| Particulars | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue from Operations | 35.91 | 126.15 | 90.04 | 70.44 |
| Profit after Tax | 3.58 | 9.12 | 5.44 | 0.66 |
| Net Worth | 20.88 | 17.30 | 8.18 | 2.75 |
| Total Borrowing | 14.91 | 14.73 | 11.03 | 6.90 |
| Total Assets | 71.05 | 53.48 | 31.59 | 26.70 |
| NAV per share (in ₹) | 30.93 | 25.63 | 12.13 | 4.07 |
| EPS - Basic (in ₹) | 5.30 | 13.50 | 8.06 | 0.98 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 11.06% |
| PAT | 7.23% |
| ROE | 71.54% |
| ROCE | 42.80% |
| Debt to Equity | 0.85 |
| PE Ratio | 9.33 |
| PB Ratio | 4.92 |
| Mkt Cap (in Crs.) | 116.50 |
- All Ratios are based on Mar 2024-25.
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Purple Wave IPO Peer Comparision
| Particulars | Purplewave Ltd. | PRO FX Ltd. |
|---|---|---|
| Revenue from Ops (in Crs.) | 126.02 | 129.38 |
| PAT (In Crs.) | 9.12 | 12.24 |
| EPS - Basic | 13.50 | 9.51 |
| NAV per share | 25.63 | 28.68 |
| RONW | 52.69% | 33.17% |
| EBITDA | 11.06% | 13.38% |
| PAT Margin | 7.23% | 9.46% |
| Price to earning (PE) | 9.33 | 9.05 |
- All the information pertains to FY 2024-25.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of November 19, 2025 for Peers
Purple Wave IPO Peer Comparision
| Particulars | Purplewave Ltd. |
|---|---|
| Revenue from Ops (in Crs.) | 126.02 |
| PAT (In Crs.) | 9.12 |
| EPS - Basic | 13.50 |
| NAV per share | 25.63 |
| RONW | 52.69% |
| EBITDA | 11.06% |
| PAT Margin | 7.23% |
| Price to earning (PE) | 9.33 |
| PRO FX Ltd. |
|---|
| 129.38 |
| 12.24 |
| 9.51 |
| 28.68 |
| 33.17% |
| 13.38% |
| 9.46% |
| 9.05 |
- All the information pertains to FY 2024-25.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of November 19, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Manoj Singh | 94.25% |
| Sandhya Singh | 4.27% |
| Total | 98.52% |
Management Details
| Name | Designation |
|---|---|
| Manoj Kumar Singh | Chairman & MD |
| Shaurya Somani | CEO |
| Aafaqu Ahmad | CFO |
Company Details
Name: Purple Wave Infocom Limited
Address: Plot No. 1 & 2, Pocket A2, MNG Tower, First Floor, Dwarka Sector 17, South West Delhi, N.S.I.T. Dwarka, South West Delhi, New Delhi, Delhi, India, 110078
Number: +91 9289102671
Email: investors@purplewave.in
Website: www.purplewave.in
Book Running Lead Managers (BRLMs)
Smart Horizon Capital
Visit WebsiteRTAs
Maashitla Securities
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Purple Wave IPO is a SME IPO having an issue size of Rs. ₹31.45 Crs. Purple Wave IPO is priced at ₹120 - ₹126 per share. The issue opens on 28 Nov 25 and closes on 02 Dec 25.
Purple Wave IPO opens on 28 Nov 25 and closes on 02 Dec 25.
The estimated Grey Market Premium of Purple Wave IPO is ₹0 per share (0.00%).
The minimum lot size of Purple Wave IPO is 1000 shares & the minimum application amount is Rs. 126000.
The allotment date of Purple Wave IPO is 03 Dec 25.
The listing date of Purple Wave IPO is 05 Dec 25.
Purple Wave IPO is subscribed -.
Purple Wave IPO is priced at ₹120 - ₹126 per share.
Click the allotment link on Purple Wave IPO page of IPO360.
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