Purple Wave Infocom IPO Allotment Status Live Today: What Investors Need to Know 

Mumbai, 3 December 2025: Purple Wave Infocom’s initial public offering (IPO) moves into a crucial phase today as the allotment status is set to be finalised following strong investor participation during the bidding window that closed earlier this week. The IPO comprised a fresh issue of 0.25 crore shares, amounting to ₹31.45 crore, priced in a band of ₹120-₹126.

The company has scheduled 3 December as the final allotment date. According to the timeline, the credit of shares to successful applicants’ demat accounts and the refunds for non-allottees are expected on 4 December. This sequence of events directly sets the stage for the stock’s listing on the BSE SME platform on 5 December.

Founded in 2007 and headquartered in India, Purple Wave Infocom operates in the digital professional audio-video (PRO AV) solutions domain. The company specialises in the sale and integration of PRO AV equipment, catering to corporate, institutional and commercial clients. Its presence in a fast-expanding audio-visual technology segment has shaped interest around its SME IPO.

Purple Wave Infocom IPO Draws 6.88x Subscription

Purple Wave Infocom IPO, which was open for bidding between 28 November and 2 December, received bids for 1,19,22,000 shares against 17,34,000 shares on offer, reflecting an overall subscription of 6.88x. The high level of interest across investor categories prompted a busy allotment day.

Investor participation varied across categories, shaping market attention around the IPO outcome:

• Retail investors: 3.80x subscription
• Non-Institutional Investors (NII): 7.69x subscription
• Qualified Institutional Buyers (QIBs): 11.85x subscription

QIBs, who typically assess sector stability and issuer fundamentals, drove the highest category subscription. Their participation contributed significantly to the post-issue developments surrounding allotment timelines and market expectations.

How to Check Purple Wave Infocom IPO Allotment Status on BSE

Applicants can verify their allotment in a few simple steps on the BSE website:

1. Visit the BSE allotment page: https://www.bseindia.com/investors/appli_check.aspx
2. Select ‘Equity’ as the issue type
3. Choose the IPO name from the dropdown
4. Enter your Application Number or PAN
5. Complete the ‘I’m not a robot’ verification
6. Click Search

How to Check Purple Wave Infocom IPO Allotment Status with Registrar Maashitla Securities

The registrar also offers an online allotment-tracking facility:

1. Visit https://maashitla.com/allotment-status/public-issues
2. Select the Company Name from the dropdown
3. Choose PAN/Application Number/Demat Account Number
4. Enter the required details
5. Click Submit

Applicants can track today’s IPO allotment outcome through the BSE platform or the registrar portal using basic identification details. The listing on 5 December and the demat credit and refunds scheduled for 4 December mark the remaining steps in the IPO timeline

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