Purple Wave Infocom Ltd IPO

LISTED
SME

NSE • Lot Size: 1000 • Entertainment

Issue126
Listed5.1-96%
Now124-1.6%
1.6%

*Last updated on 11 Jan 2026

Price Band

₹120 - ₹126

Lot Size

1000

Issue Size

₹31.45 Cr

GMP

+₹0

0 today

Subscription

6.88x

Analyzing...

IPO Schedule

1

Open

28 Nov 2025

2

Close

2 Dec 2025

3

Allotment

3 Dec 2025

4

Listing

5 Dec 2025

About Purple Wave Infocom Ltd

Purple Wave Infocom Ltd is an SME focused on providing IT solutions and services. The company likely specializes in areas such as software development, IT infrastructure management, or other related technological offerings, catering to a specific niche within the IT sector.

Key Strengths

  • High Return on Equity (ROE) of 71.54% indicates strong profitability and efficient use of shareholder equity.
  • Low Price-to-Earnings (P/E) ratio of 9.33 suggests the IPO is attractively priced compared to its earnings potential.
  • SME segment focus allows for agility and specialization in a specific market niche.
  • Fixed price IPO at the higher end of the price range which potentially indicates investor interest.
  • The company's focus on IT solutions is in a growing sector with increasing demand for digitalization and technological advancements.

Risk Factors

  • SME status implies higher vulnerability to economic downturns and competitive pressures compared to larger companies.
  • Reliance on specific sectors or clients could pose a risk if those relationships are disrupted.
  • Limited operating history and financial resources compared to established players in the IT industry.

Valuation Analysis

The IPO appears attractively valued based on the low P/E ratio, suggesting potential for capital appreciation, however, investors should carefully consider the risks associated with investing in an SME.

IPO Details

ExchangeNSE
SegmentSME
ISININE0VDK01019
NSE SymbolPURPLEWAVE
Face Value10
Lot Size1000
Issue Size₹31.45 Cr

Key Metrics

ROE71.54%
ROCE42.80%
P/E Ratio9.33
Industry P/E20
EPS13.50
PAT Margin7.23%
Debt/Equity0.85

Growth & Quality

Revenue Growth (YoY)-5.2%
ProfitableYes ✓
Anchor Investors8

Subscription

Total0.65x
Imbalance Ratio1.0x

Documents

Key Dates

Open Date28 Nov 2025
Close Date2 Dec 2025
Allotment3 Dec 2025
Listing5 Dec 2025