The Purple Wave Infocom IPO minimum market lot is 2,000 shares with ₹2,52,000 application amount. The Purple Wave Infocom IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Purple Wave Infocom IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.81 | 0.81 | 11.85 |
| NII | 0.35 | 2.70 | 7.69 |
| RII | 0.70 | 1.07 | 3.80 |
| Total | 0.65 | 1.35 | 6.88 |
Purple Wave Infocom IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Purple Wave Infocom IPO Review and Rating
- Neutral
Purple Wave Infocom IPO Form
How to apply for the Purple Wave Infocom IPO? You can apply for Purple Wave Infocom IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Purple Wave Infocom IPO in the Invest section. The other option is you can apply for Purple Wave Infocom IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
