Purple Wave Infocom Limited
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The Initial Public Offering of Purple Wave Infocom Limited's culminated in its successful listing on Dec 05, 2025 at the BSE trading platform. The company secured 24,96,000 Shares through this capital market exercise, with 24,96,000 Shares allocated to new capital formation.
Investors participated within the price parameters of ₹120 to ₹126, with minimum investment requirements of 1000 shares. The subscription period from Nov 28, 2025 to Dec 02, 2025 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Dec 03, 2025. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2007, Purple Wave Infocom Ltd specializes in the sale and integration of digital professional audio-video (PRO AV) equipment, offering end-to-end solutions such as system design, integration, management, cloud-based communication, automation services, and on-site support for clients across India and international markets. The company also provides value-added after-sales services, including annual maintenance contracts, technical support, and repair and maintenance of AV infrastructure. Its diverse product portfolio includes LED displays, USB cameras, speakerphones, professional LED/LCD displays, digital podiums, amplifiers, speakers, and computer kiosks, complemented by cloud-based content management services and live-streaming tools through its proprietary platform, Streampurple. As of September 30, 2025, Purple Wave Infocom Ltd employs 86 permanent staff.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Extensive & Custom-Tailored Product Range: The company provides a wide spectrum of PRO AV and automation solutions, from design and integration to on-site support and cloud-driven communication services. Its offerings serve multiple sectors, including corporate spaces, retail, education, government, hospitality, worship venues, and home theatres.
- Strong Client Loyalty & Repeat Business: Through consistent engagement and personalized support, the company has built long-term relationships that lead to recurring demand for LED screens, professional displays, and audio systems. These established connections boost customer retention and drive steady, sustainable growth.
- Highly Experienced Promoters & Leadership: The company is led by promoters with 28 and 17 years of industry experience, bringing deep technical expertise and long-term vision. Their leadership fosters innovation, supports strategic expansion, and ensures delivery of customized AV solutions across diverse customer segments.
- No Long-Term Customer Contracts: The company works solely on project-based orders without fixed agreements. Since customers can stop placing orders anytime, this may lead to inconsistent order flow, revenue fluctuations, and pressure on profitability.
- High Dependence on External Suppliers: The company’s operations rely on third-party suppliers for PRO AV products. Any supply delays, price changes, or loss of key vendors—especially in the absence of long-term supply commitments—can affect operations, delivery schedules, and overall financial performance.
- Risks in Market Adoption & Innovation: Continued growth requires the company to innovate, launch new products, and keep pace with changing technologies and customer preferences. Inability to introduce commercially successful products or adapt to market needs may hinder expansion and reduce competitiveness.
- Mr. Manoj Kumar Singh
- Sandhya Singh
- Ananya Singh
Purple Wave Infocom Limited
Maashitla Securities Private Limited