Bookbuilding IPO | ₹90 Cr | Listed at NSE SME | Thu, Aug 7, 2025 - Mon, Aug 11, 2025

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 per share. The lot size for an application is 800. The minimum amount of investment required by an individual investor (retail) is ₹2,83,200 (1,600 shares) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Aug 7, 2025
IPO Close
Mon, Aug 11, 2025
Issue Price
₹177 per share
Market Cap (Pre-IPO)
₹338.07 Cr
| IPO Date | 7 to 11 Aug, 2025 |
| Listed on | Thu, Aug 14, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹168 to ₹177 |
| Issue Price | ₹177 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 51,00,000 shares (agg. up to ₹90 Cr) |
| Reserved for Market Maker | 2,56,000 shares Spread X Securities Pvt.Ltd. (agg. up to ₹5 Cr) |
| Fresh Issue (Ex Market Maker) | 48,44,000 shares (agg. up to ₹86 Cr) |
| Net Offered to Public | 48,44,000 shares (agg. up to ₹86 Cr) |
| Share Holding Pre Issue | 1,40,00,000 shares |
| Share Holding Post Issue | 1,91,00,000 shares |
| NSE Symbol | CONNPLEX |
| ISIN | INE0EAS01014 |
Connplex Cinemas IPO comprises a total issue size of 51,00,000 shares. The net offer to the public is 48,44,000 shares, after excluding 2,56,000 shares allotted on a firm basis. Of the Net offer 24,20,800 (49.98%) are allocated to QIB, 7,27,200 (15.01%) allocated to NII 16,96,000 (35.01%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 24,20,800 | 49.98% | 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 | 15.01% | 14.26% |
| − bNII > ₹10L | 4,84,800 | 9.51% | |
| − sNII < ₹10L | 2,42,400 | 4.75% | |
| Retail Shares Offered | 16,96,000 | 35.01% | 33.25% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,56,000 | 5.02% | |
| Total Shares Offered | 51,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof.
| 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 |
Connplex Cinemas IPO raises ₹25.70 crore from anchor investors. Connplex Cinemas IPO Anchor bid date is August 6, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Aug 6, 2025 |
| Shares Offered | 14,52,000 |
| Anchor Portion (₹ Cr.) | 25.70 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Sep 11, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Nov 10, 2025 |
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 Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| KPI | Mar 31, 2025 |
|---|---|
| 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 (₹) | 13.58 | 9.95 |
| P/E (x) | 13.04 | 17.78 |
| Promoter Holding | 95.36% | 69.9% |
| Market Cap | ₹338.07 Cr. |
The Connplex Cinemas IPO is subscribed 35.67 times on August 11, 2025 6:19:02 PM (Day 3). The public issue subscribed 24.75 times in the individual investors category, 44.21 times in the QIB category, and 49.75 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 44.21 | 9,68,800 | 4,28,32,000 | 38 |
| NII* | 49.75 | 7,27,200 | 3,61,76,000 | 7,367 |
| bNII (bids above ₹10L) | 58.98 | 4,84,800 | 2,85,94,400 | |
| sNII (bids below ₹10L) | 31.28 | 2,42,400 | 75,81,600 | |
| Individual Investors | 24.75 | 16,96,000 | 4,19,76,000 | 26,235 |
| Total | 35.67 | 33,92,000 | 12,09,84,000 | 33,640 |
Total Application : 33,640
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees including underwriting commission | 5.99 |
| 2 | Brokerage, selling, commission and upload fees | 0.01 |
| 3 | Registrar to the issue | 0.05 |
| 4 | Legal Advisors | 0.11 |
| 5 | Advertising and Marketing expenses | 0.30 |
| 6 | Regulators including stock exchanges | 0.05 |
| 7 | Printing and distribution of issue stationery | 0.02 |
| 8 | Others, if any (market making, depositories, marketing fees, secretarial, peer review auditors, etc.) | 0.47 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹177.00 |
| Open | ₹195.00 |
| Low | ₹185.25 |
| High | ₹198.00 |
| Last Trade | ₹186.90 |
Lead Manager Reports
Connplex Cinemas IPO is a SME IPO of 51,00,000 equity shares of the face value of ₹10 aggregating up to ₹90 Crores. The issue is priced at ₹177 per share. The minimum order quantity is 800.
The IPO opens on Thu, Aug 7, 2025, and closes on Mon, Aug 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 Thu, Aug 7, 2025 and closes on Mon, Aug 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 Wed, Aug 13, 2025. Check the Connplex Cinemas IPO allotment status.
The Connplex Cinemas IPO listing date is on Thu, Aug 14, 2025.