How to Check Purple Wave Infocom IPO Allotment Status

Purple Wave Infocom Ltd is engaged in the sale and integration of digital professional audio-video (PRO AV) equipment. The company was incorporated in 2007. It offers comprehensive, end-to-end PRO AV and automation solutions, including system design, integration, management, and on-site support. Purple Wave also provides cloud-based communication and automation services for organizations across India and in international markets.

The company also offers after-sales value added services which include annual maintenance contract (AMC) for technical support, repair & maintenance services of AV infrastructure to ensure optimal product performance and customer satisfaction. 

The Purple Wave Infocom IPO came with a total issue size of ₹31.45 crore, comprising entirely a fresh issue of ₹31.45 crore. The IPO opened on November 28, 2025, and closed on December 2, 2025. The allotment is expected on Wednesday, December 3, 2025. The share price band was set at ₹120 to ₹126 per share.

Don’t Miss Out on the Next Big IPO – Invest With Just a Few Clicks!

Open Account Now

Steps to Check Purple Wave Infocom IPO Allotment Status on Registrar Site

• Visit the Maashitla Securities Pvt. Ltd. 
• Select "Purple Wave Infocom" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Purple Wave Infocom IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Purple Wave Infocom" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Purple Wave Infocom IPO Subscription Status

Purple Wave Infocom IPO received solid investor interest, being subscribed 6.86 times overall. Below is the category-wise subscription status as of 4:59:51 PM on December 2, 2025:

• QIB Category (Ex Anchor): 11.85 times
• Non-Institutional Investors (NII): 7.67 times
• Retail Investors: 3.77 times

Purple Wave Infocom IPO Share Price and Investment Details

The minimum investment required was ₹2,52,000 for 2 lots (2,000 shares). The issue raised ₹7.99 crore from anchor investors.

Given the subscription of 6.86 times — with strong institutional interest at 11.85 times, solid NII participation at 7.67 times, and moderate retail subscription at 3.77 times — the share price listing expectations remain modest.

Utilisation of IPO Proceeds

The proceeds from the IPO will be utilized for:

• Funding capital expenditure requirements towards purchasing an office space cum product display area – ₹12.91 crore
• Repayment / prepayment of certain borrowings – ₹10.00 crore
• General corporate purposes

Business Overview

Purple Wave Infocom Ltd is engaged in the business of digital PRO AV integration. The company posted strong financial performance for the reported periods.

The company demonstrated notable growth, recording a 40% revenue increase and a 68% rise in PAT between FY24 and FY25. It maintains robust metrics with a 71.54% ROE and a 0.85 debt-equity ratio. Overall, the company has shown consistent revenue and profitability expansion.

The company benefits from a wide product portfolio serving multiple customer segments, strong client relationships, experienced promoters and directors, and broad geographical reach.

However, investors should note the post-issue valuation metrics, including a P/E ratio of 8.14 and a Price-to-Book Value of 10.39.