Regulatory Disclosure Details
Order Details
- Order Value: ₹9.25 crore (inclusive of GST)
- Client: Samsung Data System India Private Limited
- Scope: Supply, installation & maintenance of Professional displays, interactive panels, and associated equipment including tablet docking stations and e-paper displays
- Geographic Coverage: Pan-India deployment
- Number of Locations: 90 automotive showrooms
- Brands Involved: SAIPUR and The Ivy brands
- Service Duration: 5-year maintenance period included
Project Significance
The order demonstrates Purple Wave's ability to undertake coordinated deployments across a large national retail network, requiring standardized technology solutions, coordinated logistics, installation management, and reliable service support across multiple locations.
Business Impact
The deployment provides an opportunity to demonstrate the Company's ability to combine branded products with installation and maintenance services for large enterprise customers, extending engagement beyond initial deployment through long-term maintenance services.
Management Commentary
Management stated: "This order represents an encouraging development for Purple Wave Infocom Limited. Executing a project across 90 automotive showroom locations nationwide demonstrates our ability to manage multilocation deployments through an integrated combination of products, installation and long-term maintenance. The inclusion of SAIPUR and The Ivy brands is particularly encouraging as we continue to strengthen our branded product portfolio."
Financial Recognition
Revenue recognition will be in accordance with applicable accounting standards and contractual terms.
Company Background
Purple Wave Infocom Limited is an integrated professional audio-visual solutions company serving enterprise, institutional and other markets through technology products, AV integration, digital display solutions, installation and maintenance services.