Purple Wave Infocom IPO Price Band Fixed at ₹120–126 per Share

Inside the offering  
Established in 2007, Purple Wave Infocom specializes in professional audio-video integration and distribution of products such as LED screens, conferencing equipment, UC devices, and hearing aids. With headquarters in Delhi and branches in Bengaluru and Assam, the company operates warehouses in Delhi, Manesar, and Bhiwandi. The IPO is structured as a book-built issue, managed by Smart Horizon Capital Advisors Pvt. Ltd., with Maashitla Securities Pvt. Ltd. as registrar. Proceeds will be directed toward technology upgrades, service center expansion, and working capital needs, positioning the company for growth in India’s fast-expanding AV integration market.  

Notable updates  
• IPO price band set at ₹120–126 per share  
• Issue opens November 28, 2025; listing on BSE SME platform  
• Lead manager: Smart Horizon Capital Advisors; registrar: Maashitla Securities  
• Company provides end-to-end AV integration and distributes PRO AV products  
• Funds to be used for expansion, working capital, and infrastructure strengthening  

Major takeaway  
Purple Wave Infocom’s IPO highlights investor interest in India’s SME segment, offering exposure to the growing digital AV integration market while supporting the company’s ambitious expansion plans.  

Sources: Chittorgarh IPO Dashboard, IPO Central, Moneycontrol