Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
City Pulse Multiplex IPO is a fixed price issue of ₹3.98 crores. The issue is entirely a fresh issue of 0.13 crore shares of ₹3.98 crore.
City Pulse Multiplex IPO bidding started from Jun 27, 2019 and ended on Jul 3, 2019. The allotment for City Pulse Multiplex IPO was finalized on Jul 8, 2019. The shares got listed on BSE SME on Jul 11, 2019.
City Pulse Multiplex IPO price is ₹30.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (4000 shares). The minimum lot size investment for HNI is 2 lots (8,000 shares), amounting to ₹2,40,000.
Capital Square Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Vijeta Broking India Pvt.Ltd..
Refer to City Pulse Multiplex IPO RHP for detailed Information.
| IPO Date | June 27, 2019 to July 3, 2019 |
| Listing Date | July 11, 2019 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 13,28,000 shares (aggregating up to ₹3.98 Cr) |
| Reserved for Market Maker | 72,000 shares Vijeta Broking India Pvt.Ltd. (aggregating up to ₹0.2160 Cr) |
| Net Offered to Public | 12,56,000 shares (aggregating up to ₹3.77 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,99,90,000 shares |
| Share Holding Post Issue | 3,31,80,000 shares |
City Pulse IPO offers total 13,28,000 shares. Out of which 6,28,000 (47.29%) allocated to NII, 6,28,000 (47.29%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 72,000 (5.42%) |
| NII (HNI) Shares Offered | 6,28,000 (47.29%) |
| Retail Shares Offered | 6,28,000 (47.29%) |
| Total Shares Offered | 13,28,000 (100.00%) |
City Pulse Multiplex IPO opens on June 27, 2019, and closes on July 3, 2019.
| IPO Open Date | Thu, Jun 27, 2019 |
| IPO Close Date | Wed, Jul 3, 2019 |
| Tentative Allotment | Mon, Jul 8, 2019 |
| Initiation of Refunds | Tue, Jul 9, 2019 |
| Credit of Shares to Demat | Tue, Jul 9, 2019 |
| Tentative Listing Date | Thu, Jul 11, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jul 3, 2019 |
Investors can bid for a minimum of 4,000 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 | 4,000 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2000, City Pulse Multiplex Limited is engaged in the area of setting-up, managing and operating a multiplexes/miniplex chain in India. There are 14 screens of the company with the 3340 seating capacity under the WOW Cine Pulse brand name across Gujarat.
The company has also debuted in the production work in Love is Blind (Gujarati movie) in 2006. The first cinema screen of the company was established in 2007 in Mehsana. Currently, the company has a presence across 14 locations in Gujarat. The cinemas of the company are surrounded by food courts, restaurants, malls, and car parking facilities which are attractive for patrons.
The company is also planning to launch an innovation entertainment project namely World on Wheel which is a cinema on wheels along with all the facilities like a miniplex / multiplex. The company has already purchased the containers and proposing to launch the new project in fiscal 2020.
The company primarily involved in three types of business, which are:
1. Film Production
2. Film Distribution
3. Film Exhibition
The competitive strengths of the company are:
1. In-depth research-based investment
2. Strategic location
3. Experienced promoters in the film industry
4. Reasonable and affordable price
5. Pleasant Ambience
| Particulars | For the year/period ended (in Rs. Lakhs) | |||
|---|---|---|---|---|
| 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | ||
| Total Assets | 615.58 | 324.57 | 276.33 | |
| Total Revenue | 308.96 | 65.80 | 20.89 | |
| Profit After Tax | 59.10 | 26.28 | 9.96 | |
The Company City Pulse Multiplex 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 miniplex /Multiplex | 2.71 |
| 2 | General Corporate Purpose | |
| 3 | To Meet the Issue Expenses |
[Dilip Davda] <p><strong>CPML is a regional player in a highly competitive market with nationwide players like Inox, PVR, Cinepolis etc. Based on the scale of working, the issue is fully priced. Cash surplus risk savvy investors may consider investment at their own risk. </strong></p> Read detail review...
| Listing Date | July 11, 2019 |
| BSE Script Code | 542727 |
| NSE Symbol | |
| ISIN | INE056001014 |
| Final Issue Price | ₹30 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹28.50 |
| Low | ₹28.00 |
| High | ₹29.90 |
| Last Trade | ₹29.65 |
City Pulse Multiplex Ltd.
401, 4th Floor, Sachet 1,
Swastik Cross Road,
Navrangpura,
Ahmedabad, Gujarat, 380009
Phone: 079 40070706 / 708
Email: cs@wowcinepulse.com
Website: http://www.wowcinepulse.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: cpml.ipo@linkintimne.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
City Pulse Multiplex IPO is a SME IPO of 13,28,000 equity shares of the face value of ₹10 aggregating up to ₹3.98 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on June 27, 2019, and closes on July 3, 2019.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in City Pulse Multiplex IPO using UPI as a payment gateway. Zerodha customers can apply in City Pulse Multiplex IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in City Pulse Multiplex IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The City Pulse Multiplex IPO opens on June 27, 2019 and closes on July 3, 2019.
City Pulse Multiplex IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in City Pulse Multiplex 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 City Pulse Multiplex IPO will be done on Monday, July 8, 2019, and the allotted shares will be credited to your demat account by Tuesday, July 9, 2019. Check the City Pulse Multiplex IPO allotment status.
The City Pulse Multiplex IPO listing date is on Thursday, July 11, 2019.
Useful Articles
RHP