Purple Wave Ipo
Purple Wave Infocom IPO Review & Key Points
Review: Neutral
Rating: 2
IPO Lead Managers aka Merchant Bankers
Smart Horizon Capital Advisors Pvt. Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,52,000 |
| Retail Maximum | 2 | 2,000 | ₹2,52,000 |
| S-HNI Minimum | 3 | 3,000 | ₹3,78,000 |
| S-HNI Maximum | 7 | 7,000 | ₹8,82,000 |
| B-HNI Minimum | 8 | 8,000 | ₹10,08,000 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 6,34,000 Shares | 25.40% |
| QIB (Ex. Anchor) | 4,80,000 Shares | 19.23% |
| NII Shares Offered | 3,78,000 Shares | 15.14% |
| Retail Shares Offered | 8,76,000 Shares | 35.10% |
| Anchor Bidding Date | November 27, 2025 |
| Anchor Investors List | |
| Shares Offered | 6,34,000 Shares |
| Anchor Size | 7.99 Cr. |
| lock-in period end date 50% shares (30 Days) | January 2, 2026 |
| lock-in period end date 50% shares (90 Days) | March 3, 2026 |
| IPO Open Date: | November 28, 2025 |
| IPO Close Date: | December 2, 2025 |
| Basis of Allotment: | December 3, 2025 |
| Refunds: | December 4, 2025 |
| Credit to Demat Account: | December 4, 2025 |
| IPO Listing Date: | December 5, 2025 |
| IPO Bidding Cut-off Time: | December 2, 2025 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 67,50,000 | 98.52% |
| Promoter Holding Post Issue | 92,46,000 | -% |
| Purpose | Crores |
| Funding capital expenditure requirements of our company towards purchasing an office space cum product display area. | ₹12.91 |
| Repayment/ prepayment of certain borrowings. | ₹10.00 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹70.44 | ₹69.53 | ₹0.66 | ₹26.70 |
| 2024 | ₹90.04 | ₹82.74 | ₹5.44 | ₹31.59 |
| 2025 | ₹126.15 | ₹113.88 | ₹9.12 | ₹53.48 |
| June 2025 | ₹35.91 | ₹31.12 | ₹3.58 | ₹71.05 |
| KPI | Values |
| ROE: | 71.54% |
| ROCE: | 42.80% |
| EBITDA Margin: | 11.06% |
| PAT Margin: | 7.23% |
| Debt to equity ratio: | 0.85 |
| Earning Per Share (EPS): | ₹13.50 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 52.69% |
| Net Asset Value (NAV): | ₹25.63 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| PRO FX Tech Limited | 9.51 | 9.05 | 33.17% | 28.68 | – Cr. |
| IPO Open Date | November 28, 2025 |
| IPO Close Date | December 2, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹120 to ₹126 Per Share |
| Issue Size | Approx ₹31.45 Crores |
| Fresh Issue | Approx ₹31.45 Crores |
| Issue Type | Book Built Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |