Purple Wave Infocom IPO subscribed 6.88x on Day 3

Purple Wave Infocom IPO Subscription Status 

Purple Wave Infocom IPO subscribed over 6.88x on its last day till 5.00 PM on 2nd December 2025. 

• Purple Wave Infocom IPO subscription QIB investors’ portion was 11.85 times, while NII subscribers subscribed 7.69 times, and RII investors subscribed 3.80 times.  
• The company has received bids for 1,19,22,000 shares against 17,34,000 on offer for the last-day subscription.   
• Purple Wave Infocom IPO subscribed over 6.88x on its day 3. 
• Purple Wave Infocom IPO subscribed over 1.35x on its day 2. 
• Purple Wave Infocom IPO subscribed over 0.65x on its day 1.  

About Purple Wave Infocom Company   

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.

Purple Wave Infocom IPO GMP:  

Purple Wave Infocom IPO GMP was ₹0as of Tuesday, 2nd December. That indicates the IPO is trading at ₹126 with a ₹0 premium in the grey market against the issue price of ₹126.