
Purple Wave Infocom Ltd IPO
Purple Wave Infocom Ltd IPO Price Range is ₹120 - ₹126, with a minimum investment of ₹2,52,000 for 2000 shares per lot.
Subscription Rate
6.47x
as on 02 Dec 2025, 07:09PM IST
Minimum Investment
₹2,52,000
/ 2000 shares
IPO Status
Price Band
₹120 - ₹126
Bidding Dates
Nov 28, 2025 - Dec 2, 2025
Issue Size
₹31.45 Cr
Lot Size
1000 shares
Min Investment
₹2,52,000
Listing Exchange
BSE
Purple Wave Infocom Ltd IPO Application Timeline




IPO Subscription Status
as on 02 Dec 2025, 07:09PM IST
IPO subscribed over
🚀 6.47x
This IPO has been subscribed by 3.801x in the retail category and 11.848x in the QIB category.
Subscription Rate
| Total Subscription | 6.47x |
| Retail Individual Investors | 3.801x |
| Qualified Institutional Buyers | 11.848x |
| Non Institutional Investors | 5.994x |
Strengths and Risks
Strengths
Wide product portfolio having applications across various customer segments.
Well established relationship with clients.
Leveraging the experience of our Promoters and Directors.
Wide geographical reach.
Risks
The company is highly dependent on certain key customers for a substantial portion of its revenues. Loss of relationship withany of these customers may have a material adverse effect on the company profitability and results of operations.
The Company has not entered into any long-term contracts with its customers and the company typically operates on the basisof orders received on hand. Inability to maintain regular order flow would adversely impact its revenues andprofitability.
Its business and profitability heavily relies on the consistent and timely availability of products. Any disruption insupply or price volatility of these products can negatively impact its operations and financial health. Additionally,the company dependence on third-party suppliers, without firm supply commitments or exclusive arrangements, poses a risk.The loss of any suppliers could adversely affect its business, operational outcomes, and financial condition.
Its future growth is dependent upon the company ability to identify and maintain new products, technologies and customersthat achieve market acceptance with acceptable margins.
Its business is dependent on global suppliers/manufacturers effectively maintaining, promoting or developing theirbrands and maintaining standard quality products including launching new AV (Audio-Video) products at regularintervals.
Most projects the company operate have been awarded primarily through a competitive bidding process and its financialperformance is largely dependent on the company successful bidding for new projects. Its may not always be able to qualifyfor, compete and win projects. If the company is not able to successfully bid for new projects, it may adversely affect its businessoperations and financial conditions.
The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business,reputation and results of operations.
Any Penalty or demand raised by statutory authorities in future will affect financial position of the Company.
There are certain discrepancies/errors/delay filings noticed in some of its corporate records relating to forms filedwith the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by anyregulatory authorities in future, for non-compliance with provisions of corporate or any other law could impact thefinancial position of the Company to that extent.
The Company had negative cash flows in the past years, details of which are given below. Sustained negative cashflow could impact its growth and business.
How to Apply for Purple Wave Infocom Ltd IPO on INDmoney
- Download the INDmoney app and complete your KYC.
- Go to INDstocks → IPO, or just search “IPO”.
- Tap on Purple Wave Infocom Ltd IPO from the list of live IPOs.
- View key details like price band, lot size, and dates.
- Tap Apply Now and choose your number of lots.
- Use INDpay UPI for instant mandate tracking.
- Your funds will be blocked until the share allotment is finalized.