Purple Wave Infocom IPO
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Purple Wave Infocom IPO details
Schedule of Purple Wave Infocom
| Issue open date | 28 Nov 2025 |
| Issue close date | 02 Dec 2025 |
| UPI mandate deadline | 02 Dec 2025 (5 PM) |
| Allotment finalization | 03 Dec 2025 |
| Refund initiation | 04 Dec 2025 |
| Share credit | 04 Dec 2025 |
| Listing date | 05 Dec 2025 |
| Mandate end date | 17 Dec 2025 |
| Lock-in end date for anchor investors (50%) | 02 Jan 2026 |
| Lock-in end date for anchor investors (remaining) | 03 Mar 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Purple Wave Infocom
Founded in 2007, Purple Wave Infocom provides end-to-end digital PRO AV integration, automation, and post-sales support. It designs and delivers customised audio-video solutions for corporates, government projects, education, retail, entertainment, and home environments. Its offerings include AV integration, cloud-based communication tools, content management services through its “Streampurple” platform, and live-streaming solutions. The company also distributes a wide range of PRO AV products such as LED screens, digital signage, UC devices, speakers, cameras, processors, and accessories.
The company operates across three verticals: AV Integration, Sale and Distribution of PRO AV Products, and After-Sales Value-Added Services. It manages installation, programming, maintenance, and AMC support through an experienced technical team. The business serves clients across India and also supplies automation solutions to markets such as Singapore, Maldives, Qatar, and Bangladesh. It operates from Delhi with branch offices in Bengaluru and Assam, supported by warehouses in Delhi, Manesar, and Bhiwandi.
Financials of Purple Wave Infocom
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 31.45 |
| Fresh Issue – Proceeds go to the company | 31.45 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding capital expenditure for office space cum product display area | 12.91 (41.03%) |
| Repayment or prepayment of borrowings | 10.00 (31.79%) |
| General Corporate Purposes | 8.54 (27.18%) |
Strengths
- Wide product portfolio covering consumer electronics, accessories, and IT devices.
- Asset-light business model enabling scalability with lower fixed costs.
- Strong dealer and distribution network supporting nationwide reach.
- Experienced promoters with deep industry networks and market understanding.
- Focus on quality assurance and sourcing from trusted manufacturers.
Risks
- High dependence on third-party manufacturers for product quality and supply.
- Intense competition from established brands in electronics and accessories.
- Working capital–intensive operations due to inventory and credit cycles.
- Vulnerable to technology shifts requiring constant product upgrades.
- Any supply disruption or import delays may impact product availability.
Allotment Status for Purple Wave Infocom
To check your IPO allotment status:
- Visit the Maashitla Securities IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.
Subscription Figures for Purple Wave Infocom
As per media reports (Link), the Grey Market Premium (GMP) of Purple Wave Infocom is reported at ₹0 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on December 02, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 4.80 | 56.87 | 11.85x |
| NII | 3.78 | 29.05 | 7.69x |
| Retail | 8.76 | 33.30 | 3.8x |
| Total | 17.34 | 119.22 | 6.88x |