Purple Wave Infocom IPO Subscription Day 1

Here is the final call for the Purple Wave Infocom IPO launched on 28th November 2025. Bidding for the issue will close today, 2nd December 2025. The primary aim of the Purple Wave Infocom IPO is to raise ₹31.45 crores from the market. Also, the Purple Wave Infocom IPO has received an impressive level of subscription, indicating that the shares will be listed at an impeccable premium. Scroll down to check the Purple Wave Infocom IPO subscription and details. 

Purple Wave Infocom IPO Details 

The price band for Purple Wave Infocom’s IPO has been set at Rs 120 to Rs 126, and a total of 24,96,000 shares are being issued. Let’s segregate the share quota fixed for different categories of investors. 

Purple Wave Infocom IPO Subscription Status

As of now, the Purple Wave Infocom IPO has been subscribed 0.32 times. Of these, 0.30 times are subscribed by retail investors, 0.04 times by non-institutional investors, and 0.58 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of Purple Wave Infocom’ IPO listing on 5th December 2025. Purple Wave Infocom also has a positive outlook behind the fresh issue of 25,00,000 shares, which will raise around Rs 31.45 crores.

Purple Wave Infocom IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Purple Wave Infocom IPO GMP for 28th November 2025. 

The grey market premium for this IPO has surged to 0.00% or Rs 0 per share. It indicates that the estimated listing price per share is Rs 38. Numerous factors played a pivotal role in this jump in the GMP of Purple Wave Infocom’s IPO. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs. 

About Purple Wave Infocom Ltd.

Incorporated in 2007, Purple Wave Infocom Ltd is engaged in the sale and integration of digital professional audio-video (PRO AV) equipment. 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 organisations across India and in international markets. The company also offers after-sales value-added services, including an annual maintenance contract (AMC) for technical support and repair & maintenance of AV infrastructure, ensuring optimal product performance and customer satisfaction.

Broad product portfolio having applications across various customer segments.

• Well-established relationship with clients.
• Leveraging the experience of our Promoters and Directors.
• Wide geographical reach

Purple Wave Infocom Limited Financials

The company’s financial analysis is essential before applying for Purple Wave Infocom Limited’s IPO. Refer to the table for Purple Wave Infocom Limited’s financial information. 

Explanation

Purple Wave Infocom Limited’s revenue increased by 40% from ₹90.04crore in March 2024 to ₹126.15 crore in March 2025. Moreover, the company’s PAT increased by 68% from ₹5.44 crores to ₹9.12 crores. Investors can analyse other relevant factors and make a decision accordingly.

Technical Indicators

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Purple Wave Infocom IPO.

Purple Wave Infocom IPO Listing Expectations

Purple Wave Infocom IPO Highlights: IPO allotment is still pending, as the bid will close today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A jump of 0.00% in Yash Highlight GMP suggests the estimated listing price per share will be around Rs 126.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation. 

Purple Wave Infocom IPO Dates

Note: It is to be noted that IPO GMP is volatile based on market sentiment. Hence, one should conduct their research before investing in it.

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