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Connplex Cinemas IPO is a book build issue of ₹90.27 crores. The issue is entirely a fresh issue of 0.51 crore shares of ₹90.27 crore.
Connplex Cinemas IPO bidding started from Aug 7, 2025 and ended on Aug 11, 2025. The allotment for Connplex Cinemas IPO was finalized on Aug 12, 2025. The shares got listed on NSE SME on Aug 14, 2025.
Connplex Cinemas IPO price band is set at ₹177.00 per share . The lot size for an application is 800. The minimum amount of investment required by an individual investor (retail) is ₹2,68,800.00 (1,600 shares). The minimum lot size investment for HNI is 3 lots (2,400 shares), amounting to ₹4,24,800.
Beeline Capital 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 Spread X Securities Pvt.Ltd..
Refer to Connplex Cinemas IPO RHP for detailed Information.
| IPO Date | August 7, 2025 to August 11, 2025 |
| Listing Date | August 14, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹168 to ₹177 per share |
| Issue Price Final | ₹177 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 51,00,000 shares (aggregating up to ₹90.27 Cr) |
| Reserved for Market Maker | 2,56,000 shares Spread X Securities Pvt.Ltd. (aggregating up to ₹4.53 Cr) |
| Net Offered to Public | 48,44,000 shares (aggregating up to ₹85.74 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,40,00,000 shares |
| Share Holding Post Issue | 1,91,00,000 shares |
Connplex Cinemas IPO offers total 51,00,000 shares. Out of which 24,20,800 (47.47%) allocated to QIB, 9,68,800 (19.00%) allocated to QIB (Ex- Anchor), 7,27,200 (14.26%) allocated to NII, 16,96,000 (33.25%) allocated to RII and 14,52,000 (28.47%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,56,000 (5.02%) |
| QIB Shares Offered | 24,20,800 (47.47%) |
| − Anchor Investor Shares Offered | 14,52,000 (28.47%) |
| − QIB (Ex. Anchor) Shares Offered | 9,68,800 (19.00%) |
| NII (HNI) Shares Offered | 7,27,200 (14.26%) |
| − bNII > ₹10L | 4,84,800 (9.51%) |
| − sNII < ₹10L | 2,42,400 (4.75%) |
| Retail Shares Offered | 16,96,000 (33.25%) |
| Total Shares Offered | 51,00,000 (100.00%) |
Connplex Cinemas IPO raises ₹25.70 crore from anchor investors. Connplex Cinemas IPO Anchor bid date is August 6, 2025. Connplex Cinemas IPO Anchor Investors list
| Bid Date | August 6, 2025 |
| Shares Offered | 14,52,000 |
| Anchor Portion Size (In Cr.) | 25.70 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 11, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 10, 2025 |
Connplex Cinemas IPO opens on August 7, 2025, and closes on August 11, 2025.
| IPO Open Date | Thu, Aug 7, 2025 |
| IPO Close Date | Mon, Aug 11, 2025 |
| Tentative Allotment | Tue, Aug 12, 2025 |
| Initiation of Refunds | Wed, Aug 13, 2025 |
| Credit of Shares to Demat | Wed, Aug 13, 2025 |
| Tentative Listing Date | Thu, Aug 14, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Aug 11, 2025 |
Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares 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 |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,600 | ₹2,83,200 |
| Individual investors (Retail) (Max) | 2 | 1,600 | ₹2,83,200 |
| S-HNI (Min) | 3 | 2,400 | ₹4,24,800 |
| S-HNI (Max) | 7 | 5,600 | ₹9,91,200 |
| B-HNI (Min) | 8 | 6,400 | ₹11,32,800 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2015, Connplex Cinemas Limited is an entertainment company operating "Smart Cinemas" throughout the nation, providing a premium movie experience with advanced technology, comfortable seating, and a focus on Indian preferences.
The company develops theaters and enters franchise agreements for film exhibition and distribution, sharing revenue from screenings, food and beverages sales, and advertisements at various franchised cinemas, all under the brand name “CONNPLEX” and other registered brands.
Their venue offers on-screen and off-screen advertising, allowing brands to engage directly with audiences.
Business Model:
Express, Signature, and Luxuriance—each designed to cater to diverse audience preferences by blending cutting-edge technology with immersive experiences.
As on June 30, 2025, the Company had 96 employees on payroll including KMP.
Competitive Strength
Connplex Cinemas Ltd.'s revenue increased by 59% and profit after tax (PAT) rose by 365% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 61.12 | 36.40 | 27.96 |
| Total Income | 96.78 | 60.83 | 25.61 |
| Profit After Tax | 19.01 | 4.09 | 1.65 |
| EBITDA | 26.28 | 6.19 | 2.63 |
| Net Worth | 24.44 | 5.43 | 1.34 |
| Reserves and Surplus | 10.44 | 4.93 | 0.84 |
| Total Borrowing | 0.72 | 0.27 | 0.32 |
| Amount in ₹ Crore | |||
The market capitalization of Connplex Cinemas IPO is ₹338.07 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 127.28% |
| ROCE | 98.25% |
| Debt/Equity | 0.03 |
| RoNW | 77.78% |
| PAT Margin | 19.88% |
| EBITDA Margin | 27.48% |
| Price to Book Value | 45.62 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 13.58 | 9.95 |
| P/E (x) | 13.04 | 17.78 |
The Company Connplex Cinemas 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 | Funding capital expenditure requirement for purchase of corporate office | 14.79 |
| 2 | Funding capital expenditure requirement of purchase of LED Screens and Projectors | 24.44 |
| 3 | Funding Working Capital Requirement | 37.63 |
| 4 | Funding General Corporate Purposes | 6.41 |
[Dilip Davda] CCL is engaged in development of theaters and related services under the brand name “Connplex”. The company has 66 cinemas in operation as of the filing of this offer document. It focuses on Tier-I, Tier-II and Tier-III cities for its operations. The company marked growth in its top and bottom lines, but the boosted net profits for FY25 raise eyebrows and concern over its sustainability. Based on its recent financial data, the issue appears fully priced. Well-informed/cash surplus investors may park moderate funds for long term. Read detail review...
| Listing Date | August 14, 2025 |
| BSE Script Code | |
| NSE Symbol | CONNPLEX |
| ISIN | INE0EAS01014 |
| Final Issue Price | ₹177 per share |
| NSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹177.00 |
| Open | ₹195.00 |
| Low | ₹185.25 |
| High | ₹198.00 |
| Last Trade | ₹186.90 |
Connplex Cinemas Ltd.
Block C-1001, Krish Cubical
Opp. Avalon Hotel, Nr. Govardhan Party Plot,
Thaltej, Ahmedabad, Daskroi
Ahmedabad, Gujarat, 380059
Phone: +91 07935289865
Email: info@theconnplex.com
Website: https://ticketing.theconnplex.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: connplex.smeipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Connplex Cinemas IPO is a SME IPO of 51,00,000 equity shares of the face value of ₹10 aggregating up to ₹90.27 Crores. The issue is priced at ₹177 per share. The minimum order quantity is 800.
The IPO opens on August 7, 2025, and closes on August 11, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Connplex Cinemas IPO using UPI as a payment gateway. Zerodha customers can apply in Connplex Cinemas IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Connplex Cinemas IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Connplex Cinemas IPO opens on August 7, 2025 and closes on August 11, 2025.
Connplex Cinemas IPO lot size is 800, and the minimum amount required for application is ₹2,83,200, with 2 lots being the minimum application size.
You can apply in Connplex Cinemas 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 Connplex Cinemas IPO will be done on Tuesday, August 12, 2025, and the allotted shares will be credited to your demat account by Wednesday, August 13, 2025. Check the Connplex Cinemas IPO allotment status.
The Connplex Cinemas IPO listing date is on Thursday, August 14, 2025.
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