Purple Wave Infocom Ltd IPO
Entertainment
Price Band
₹120 – ₹126
Lot Size
1000
Minimum Bid Quantity
2000
Minimum Investment
₹252000
Issue Size
₹31.45Cr
Opens
2025-11-28
Closes
2025-12-02
Listing
05-12-2025
Subscription Status
Qualified Institutional Buyers
10.17 x
Non-Institutional Investor
4.99 x
Retail Individual Investor
2.99 x
Total
5.38 x
IPO Details
Issue Type
FP
Face Value
₹10
Tick Size
1
ISIN
INE0VDK01019
Pre-Apply Available
No
Daily Bidding Time
10:00:00 - 17:00:00
About the Company
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.
Pros
- • Purple Wave Infocom offers an extensive portfolio of PRO AV products and customised integration solutions that serve corporate, retail, education, government, and home-use applications. The company provides design, integration, management, and on-site support services, along with cloud-based communication and automation tools. It also claims to supply a broad range of hardware, including LED screens, professional displays, digital signage, conferencing equipment, speakers, microphones, and related accessories.
- • The company claims to have built long-term relationships through repeat business from clients who rely on its AV integration and product supply services. It maintains a toll-free support line and deploys technical personnel for on-site assistance when required. Its sales and technical teams operate across India, supported by regular client interactions and after-sales services, including annual maintenance contracts and repair support.
- • Purple Wave Infocom operates from its registered office in Delhi, with additional branch offices in Bengaluru and Assam. It maintains warehouse facilities in Delhi, Manesar, and Bhiwandi and a service centre in Delhi. The company supplies products and solutions across India and also serves overseas markets, including Singapore, the Maldives, Qatar, and Bangladesh.
Cons
- • The top customer accounted for Rs 13.71 crore (38.22 percent) of the company’s revenue for the period ended June 30, 2025; Rs 39.13 crore (31.05 percent) in FY25; Rs 12.41 crore (13.80 percent) in FY24; and Rs 19.19 crore (27.37 percent) in FY23. The company does not have any long-term contracts with this client or any of its other customers and caters to them on an order-by-order basis. Any failure to retain this key customer, expand the customer base, or loss of business from this client can adversely affect the company’s business and financial standing.
- • Purple Wave Infocom relies heavily on a limited number of third-party domestic and global suppliers for its PRO AV products, many of which are imported. The top 10 suppliers accounted for Rs 27.50 crore (87.53 percent) of the company’s total purchases for the period ended June 30, 2025; Rs 80.14 crore (78.38 percent) in FY25; Rs 62.85 crore (82.18 percent) in FY24; and Rs 43.06 crore (82.20 percent) in FY23. Disruption in supply, delay in delivery, or loss of business from these vendors can hurt the company’s manufacturing operations and financial performance.
- • The cost of materials consumed accounted for Rs 27.48 crore (88.31 percent) of the company’s total expenses for the period ended June 30, 2025; Rs 99.53 crore (87.40 percent) in FY25; Rs 73.30 crore (88.59 percent) in FY24; and Rs 58.41 crore (84.02 percent) in FY23. Any delays in manufacturing, transportation issues, shortages of components, or price fluctuations influenced by raw material costs, trade policies, or currency movements can adversely affect product availability, profit margins, and overall operational performance.
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