On the last day, the Purple Wave Infocom IPO was subscribed 6.88 times overall, the retail quota 3.80 times, the QIB quota 11.85 times, and the NII quota 7.69 times, respectively.
Details About Purple Wave Infocom IPO
Purple Wave Infocom got approval from SEBI for an IPO of ₹31.45 crores. This IPO comprises a fresh issue of ₹31.45 crores, with a face value of ₹10 each. Moreover, the company has set up a price band between ₹120 to ₹126 per share.
In this IPO, a total of 2,000 shares were available in 2 lot sizes: minimum Retail and maximum Retail. S-HNI (Min) has a total of 3,000 shares available in a 3-lot size.
S-HNI Maximum got 7000 shares in 7 lot sizes. B-HNI Minimum 8000 shares in 8 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹2,52,000 and maximum investment.
- S-HNI (Min): Minimum investment of ₹3,78,000.
- S-HNi (Max): Maximum investment of ₹8,82,000.
- B-HNI Minimum: Minimum investment of ₹10,08,000.
Subscription duration of the Purple Wave Infocom IPO
Purple Wave Infocom’s IPO opening date was November 28, 2025, and the closing date was December 2, 2025.
The allotment of Purple Wave Infocom was finalized on December 3, 2025, while the IPO listing is on December 5, 2025.
About Purple Wave Infocom IPO
Purple Wave Infocom Ltd has been involved in selling and setting up digital professional audio-video (PRO AV) equipment since 2007. Its portfolio comprises of wide range of AV products including LED displays, USB cameras, speakerphones, professional displays (LED/LCD), digital podiums/lecterns, speakers, amplifiers, computer kiosks, and more.
The company offers full PRO AV and automation solutions, which include designing systems, integrating them, managing them, and providing help on-site. Moreover, the company also provides cloud-based communication and automation services to firms in India and some other countries. To ensure smooth performance and customer satisfaction, Purple Wave also offers a wide range of services, including Direct Sales and Distribution of PRO AV products, Cloud-Based Content Management Services, Live Streaming and Content Management, and After-Sales Services.
