
Purple Wave
05 Dec '25SME
Min. Investment
₹2,40,000
Issue size
₹31.45 Cr
GMP
Locked
Overall subscription: 5.38x
Check allotment status
Expert verdict

IPO dates
28 Nov
Opening
02 Dec
Closing
03 Dec
Allotment
05 Dec
Listing
*Refunds will be initiated on 04 Dec '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2000 | ₹2,52,000 |

Subscription (as on 05 January 2026, 06:30 PM)
Overall5.38x
About company
Founded: 2007|MD: Mr Manoj Kumar Singh
- Purple Wave Infocom is involved in digital professional audio-video (PRO AV) integration, post-sales support, and distribution. The company works with audio, video, and control systems to provide customised integration, automation, design, management, and on-site support for organisations in India and overseas markets.
- Its offerings include AV solutions for boardrooms, retail digital displays, advertising, classrooms, government projects, places of worship, home theatres, and experience centres. The company also provides content management services under a SaaS model, as well as live-streaming and content management through “Streampurple.”
- In addition to integration work, it sells and distributes PRO AV products, such as LED screens, professional displays, digital signage, podiums, cameras, processors, speakers, microphones, UC devices, hearing-assistive devices, mounts, cables, and accessories. After-sales services include annual maintenance contracts and repair support.
- Purple Wave Infocom operates from its registered office in Delhi, with two branch offices in Bengaluru and Assam, as well as warehouses in Delhi, Manesar, and Bhiwandi, and a service centre in Delhi.
Issue Details & Objective
Lot size
1000 Shares
Price band
₹120 to 126
Face value
₹10 per share

Financials
IPO reservation
Anchor investor - 25.40%
QIB - 44.63%
Retail - 35.10%
FAQs
Should I apply for the Purple Wave IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Purple Wave IPO?
The issue size of Purple Wave IPO is ₹31.45 Cr
What are the open and close dates for Purple Wave IPO?
The Purple Wave IPO will be open for applications from 28 Nov '25 to 02 Dec '25
What is the lot size and minimum order quantity of Purple Wave IPO?
The lot size of Purple Wave IPO is 1000 Shares and its minimum investment amount is ₹2,40,000.
What is the GMP value of Purple Wave IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Purple Wave IPO is 0

