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Cinemax India IPO is a book build issue of ₹138.26 crores. The issue is a combination of fresh issue of 0.70 crore shares aggregating to ₹108.50 crores and offer for sale of 0.19 crore shares aggregating to ₹29.76 crores.
Cinemax India IPO bidding started from Jan 18, 2007 and ended on Jan 24, 2007. The shares got listed on BSE, NSE on Feb 14, 2007.
Cinemax India IPO price band is set at ₹155.00 per share . The lot size for an application is 45. The minimum amount of investment required by an retail is ₹6,075 (45 shares). The lot size investment for sNII is 29 lots (1,305 shares), amounting to ₹2,02,275, and for bNII, it is 144 lots (6,480 shares), amounting to ₹10,04,400.
The issue includes a reservation of up to 60,000 shares for employees offered at a discount of ₹0.00 to the issue price.
Edelweiss Financial Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Cinemax India IPO RHP for detailed Information.
| IPO Date | January 18, 2007 to January 24, 2007 |
| Listing Date | February 14, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹135 to ₹155 per share |
| Issue Price Final | ₹155 per share |
| Lot Size | 45 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 89,20,000 shares (aggregating up to ₹138.26 Cr) |
| Fresh Issue | 70,00,000 shares (aggregating up to ₹108.50 Cr) |
| Offer for Sale | 19,20,000 shares of ₹10 (aggregating up to ₹29.76 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 2,10,00,000 shares |
| Share Holding Post Issue | 2,80,00,000 shares |
Cinemax IPO offers total 89,20,000 shares. Out of which 44,30,000 (49.66%) allocated to QIB, 13,29,000 (14.90%) allocated to NII, 31,01,000 (34.76%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 44,30,000 (49.66%) | NA |
| NII (HNI) Shares Offered | 13,29,000 (14.90%) | NA |
| Retail Shares Offered | 31,01,000 (34.76%) | 68,911 |
| Employee Shares Offered | 60,000 (0.67%) | NA |
| Total Shares Offered | 89,20,000 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Cinemax India IPO opens on January 18, 2007, and closes on January 24, 2007.
| IPO Open Date | Thu, Jan 18, 2007 |
| IPO Close Date | Wed, Jan 24, 2007 |
| Tentative Listing Date | Wed, Feb 14, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jan 24, 2007 |
Investors can bid for a minimum of 45 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹6,975 |
| Retail (Max) | 28 | 1,260 | ₹1,95,300 |
| S-HNI (Min) | 29 | 1,305 | ₹2,02,275 |
| S-HNI (Max) | 143 | 6,435 | ₹9,97,425 |
| B-HNI (Min) | 144 | 6,480 | ₹10,04,400 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Cinemax is an emerging family entertainment centre focussed primarily on Exhibition and Gaming business with limited interests in mall development.
Cinemax is one of the largest Exhibition theatre chains in India operating 10 properties with 33 screens and 9,316 seats. Cinemax own/control about 30 screens in Mumbai and Thane.
Cinemax India Limited is part of the Kanakia Group which has a track record of over 20 years in real estate development. The group has developed over 5 million sq. ft. of Residential and Commercial real estate.
| KPI | Values |
|---|---|
| RoNW | 40.13% |
The Company Cinemax IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Setting up of new Theatres | 110.69 |
| 2 | General Corporate Expenses including Acquisitions and Capital Expenditures | |
| 3 | Issue Expenses | 6.67 |
| Listing Date | February 14, 2007 |
| BSE Script Code | 532807 |
| NSE Symbol | CINELINE |
| ISIN | INE704H01022 |
| Final Issue Price | ₹155 per share |
| BSE Listing Group | B1 |
Cinemax India Ltd.
8th Floor, 349 Business Point,
Western Express Highway,
Andheri (East)
Mumbai, Maharashtra, 400069
Phone: +91 22 6710 1991
Email: investor@cinemax.co.in
Website: http://www.cinemax.co.in
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: cinemaxipo@intimespectrum.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Cinemax India IPO is a main-board IPO of 89,20,000 equity shares of the face value of ₹10 aggregating up to ₹138.26 Crores. The issue is priced at ₹155 per share. The minimum order quantity is 45.
The IPO opens on January 18, 2007, and closes on January 24, 2007.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Cinemax India IPO using UPI as a payment gateway. Zerodha customers can apply in Cinemax India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Cinemax India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Cinemax India IPO opens on January 18, 2007 and closes on January 24, 2007.
Cinemax India IPO lot size is 45, and the minimum amount required for application is ₹6,975.
You can apply in Cinemax India IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Cinemax India IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Cinemax India IPO allotment status.
The Cinemax India IPO listing date is on Wednesday, February 14, 2007.
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