Purple Wave Infocom Ltd - IPO

Purple Wave Infocom Ltd IPO Details

initial public offer of up to 24,96,000 equity shares of face value of Rs.10/- each (the Equity Shares) of Purple Wave Infocom Limited (the Company or Purple Wave or the Issuer) for cash at a price of Rs. 126 per equity share including a share premium of Rs. 116 per equity share (the Issue Price) Aggregating to Rs. 31.45 crores (the Issue), of which up to 24,96,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 126 per equity share including a share premium of Rs. 116 per equity share aggregating to Rs. 31.45 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of up to [*] equity shares of face value of Rs. 10/- each at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores is herein after referred to as the net issue. The issue and the net issue will constitute [*] % and [*] % respectively of the post issue paid up equity share capital of the company.

Objective of issue

Funding capital expenditure requirements of our company towards purchasing an office space cum product display area.. Repayment/ prepayment of certain borrowings availed by our Company. General corporate purposes.

Purple Wave Infocom Ltd Contact Details

Purple Wave Infocom Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - investors@purplewave.in

Website - www.purplewave.in