Bookbuilding IPO | ₹138 Cr | Listed at BSE, NSE | Thu, Jan 18, 2007 - Wed, Jan 24, 2007
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 per share. The lot size for an application is 45. The minimum amount of investment required by an retail is ₹6,975 (45 shares) (based on upper price). 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 Open
Thu, Jan 18, 2007
IPO Close
Wed, Jan 24, 2007
Issue Price
₹155 per share
Market Cap (Pre-IPO)
₹434.00 Cr
| IPO Date | 18 to 24 Jan, 2007 |
| Listed on | Wed, Feb 14, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹135 to ₹155 |
| Issue Price | ₹155 per share |
| Lot Size | 45 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 89,20,000 shares (agg. up to ₹138 Cr) |
| Fresh Issue | 70,00,000 shares (agg. up to ₹109 Cr) |
| Offer for Sale | 19,20,000 shares of ₹10 (agg. up to ₹30 Cr) |
| Share Holding Pre Issue | 2,10,00,000 shares |
| Share Holding Post Issue | 2,80,00,000 shares |
| BSE Script Code / NSE Symbol | 532807 / CINELINE |
| ISIN | INE704H01022 |
Cinemax India IPO comprises a total issue size of 89,20,000 shares. The net offer to the public is 88,60,000 shares, after excluding 60,000 shares under a preferential allotment. Of the Net offer 44,30,000 (50.00%) are allocated to QIB, 13,29,000 (15.00%) allocated to NII 31,01,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 44,30,000 | 50.00% | 49.66% | NA |
| NII (HNI) Shares Offered | 13,29,000 | 15.00% | 14.90% | NA |
| Retail Shares Offered | 31,01,000 | 35.00% | 34.76% | 68,911 |
| Preferential Reservations | ||||
| Employee Shares Offered | 60,000 | 0.67% | NA | |
| Total Shares Offered | 89,20,000 | 100.00% | 100.00% | |
Investors can bid for a minimum of 45 shares and in multiples thereof.
| 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 |
| 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 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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of new Theatres | 110.69 |
| 2 | General Corporate Expenses including Acquisitions and Capital Expenditures | |
| 3 | Issue Expenses | 6.67 |
| KPI | |
|---|---|
| RoNW | 40.13% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 68.15% |
| Market Cap | ₹434.00 Cr. |
The Cinemax IPO is subscribed 42.32 times on January 24, 2007 5:00:00 PM (Day 5). The public issue subscribed 15.77 times in the retail category, 60.68 times in the QIB category, and 44.99 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management, underwriting and selling commission | 4.15 |
| 2 | Advertisement & Marketing expenses | 1.00 |
| 3 | Printing, stationery including transportation of the same | 2.50 |
| 4 | Others (Registrar’s fees, Legal fees, Listing fees, etc.) | 0.85 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹155.00 | ₹155.00 |
| Open | ₹175.00 | ₹166.00 |
| Low | ₹145.00 | ₹145.30 |
| High | ₹178.90 | ₹167.40 |
| Last Trade | ₹152.35 | ₹152.30 |
Lead Manager Reports
Cinemax India IPO is a main-board IPO of 89,20,000 equity shares of the face value of ₹10 aggregating up to ₹138 Crores. The issue is priced at ₹155 per share. The minimum order quantity is 45.
The IPO opens on Thu, Jan 18, 2007, and closes on Wed, Jan 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 Thu, Jan 18, 2007 and closes on Wed, Jan 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 Wed, Feb 14, 2007.
