✅Get complete details about the Connplex Cinema IPO including IPO dates, price band, lot size, issue size, company details and allotment status updates.
📈 IPO Listing Details
| IPO Listing Date | 14 August 2025 (Thursday) |
| ISIN | |
| NSE Symbol | |
| BSE Script Code | |
| Issue Price | ₹ |
| Listing Price | [₹0] |
| Listing Gain/Loss (%) | [+0%] |
📈 Listing Day Trading Information
| Price | NSE |
|---|---|
| Share Allotment Price(Issue Price) | 0 |
| Open | 0 |
| High | 0 |
| Low | 0 |
| VWAP | 0 |
| Close | 0 |
📊 IPO Details
| IPO Type | SME |
|---|---|
| IPO Method | Book Building |
| IPO Open Date | 07 August 2025 (Thursday) |
| IPO Close Date | 11 August 2025 (Monday) |
| IPO Listing Date | 14 August 2025 (Thursday) |
| Price Band | ₹168 to ₹177 per share |
| Lot Size | 800 Shares (Minimum Bids 1600 Shares) |
| Face Value | 10 |
| Issue Size | ₹90.27 Crores (approx.)* |
| Fresh Issue | ₹90.27 Crores (approx.)* |
| Offer for Sale (OFS) | ₹0 Crores (approx.)* |
| Listing Exchange | NSE (NSE is the designated stock exchange) |
🔔 IPO Timeline
⏳ Connplex Cinema IPO Subscription Status (Day-wise)
| Day | QIB | NII | RII | Employees | Total |
|---|---|---|---|---|---|
| Day 1 | × | x | × | x | × |
| Day 2 | x | x | x | x | x |
| Day 3 | x | x | x | x | x |
📋 Connplex Cinema IPO reservation table
| Investor Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
| Anchor Investors | 0 | 0 | 1x |
| Market Maker Portion | 2,56,000 | 2,56,000 | 1x |
| Qualified Institutional Buyers (QIB) (Other than Anchor) | 0 | 0 | 0x |
| Non-Institutional Investors (NII) Big# | 0 | 0 | 0x |
| Non-Institutional Investors (NII) Small# | 0 | 0 | 0x |
| Retail Individual Investors (RII) | 0 | 0 | 0x |
| Employee Reserved category | 0 | 0 | 0x |
| Total | 0 | 0x |
📦 Connplex Cinema IPO Lot Size
Table is Prepared at the upper end of the price band (₹177).
| Application | Lot Size | No. of Shares | Amount |
|---|---|---|---|
| Individual (Min) | |||
| Individual (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
👤👥 Promoter Shareholding Table (Pre & Post Issue)
| Shareholder | Pre-Issue Holding (%) | Post-Issue Holding (%) |
|---|---|---|
| Promoters | 95.36% | 69.90% |
| Others (Public / Investors) | 4.64% | 30.10% |
| Total | 100% | 100% |
🏢 Company Overview
Connplex Cinemas Limited is a cinema chain engaged in theatre development, movie exhibition, film distribution, and revenue sharing from food, beverages, and advertisements. It operates under the brand name “CONNPLEX” with a focus on providing modern, affordable movie experiences in Tier 2, 3, and 4 cities.
The company also hosts private events like screenings and corporate shows, and partners with delivery services for home delivery of F&B. It offers advertising space in its theatres for additional revenue.
Connplex started in 2015 as Fohatron Power Limited and was renamed to its current name in 2024. The business is led by experienced promoters, Mr. Anish Tulshibhai Patel and Mr. Rahul Kamleshbhai Dhyani, who have over 6 years of industry experience.
🎯 Objects of the Offer
- Funding capital expenditure requirement.
- Funding Working Capital Requirement
- General corporate purposes.
₹ Financial Snapshot (As of and For the Fiscal Ended on)
| Particulars | 31-Mar-2025 | 31-Mar-2024 | 31-Mar-2023 |
|---|---|---|---|
| Revenue (₹ Cr) | 95.61 | 60.30 | 25.37 |
| Revenue (₹ Cr)(Including Other Income) | 96.78 | 60.83 | 25.61 |
| Profit After Tax (₹ Cr) | 19.01 | 4.09 | 1.65 |
| Profit After Tax Margin (%)(On Total Revenue) | 19.88% | 6.78% | 6.50% |
| Earnings per share (in ₹) | 13.58 | 2.92 | 1.18 |
| Total Assets (₹ Cr) | 61.12 | 36.40 | 27.96 |
| Total Borrowings (₹ Cr) | 0.72 | 0.27 | 0.32 |
| Net Worth (₹ Cr) | 24.44 | 5.43 | 1.34 |
| NAV per equity share (in ₹) | 17.46 | 108.60 | 26.85 |
📈 Key Performance Indicators
| Particulars | FY2024-25 | FY2023-24 | FY2022-23 |
|---|---|---|---|
| EBITDA (₹ Cr) | 26.28 | 6.19 | 2.63 |
| EBITDA Margin (%) | 27.48% | 10.27% | 10.36% |
| Return on Net Worth (%) | 77.78% | 75.28% | 122.79% |
| Return on Capital Employed (RoCE %) | 98.25% | 88.36% | 119.48% |
| Debt Equity Ratio | 0.03 | 0.05 | 0.24 |
| Operating Cash Flows(₹ Cr) | 2.80 | 4.02 | 8.83 |
⚔️ Comparison with Listed Competitors
| Company Name | Connplex cinemas Limited | PVR Inox Limited |
|---|---|---|
| Closing Price (₹) as on July 29, 2025 | - | 988.15 |
| Revenue from Operations (FY24-25, ₹ in Cr) | 95.61 | 5779.90 |
| Face Value(₹) | 10 | 10 |
| EPS (₹) | 13.58 | (28.48) |
| P/E Ratio (x) | - | - |
| RoNW (%) | 77.78% | -3.96% |
| NAV (₹) | 17.46 | 718.27 |
| EBITDA Margin (%) FY 25 | 27.48% | 26.66% |
| PAT Margin (%) | 19.88% | -4.84% |
*EPS figures are as per respective company financials. P/E is based on closing prices as on July 29, 2025.Data is based on the latest available financials and may differ from actual market movements. Revenue is For the Financial Year 2024-2025.
🔍 Strengths & Risks
💪 Key Strengths
- Connplex offers a premium cinema experience with recliner seats, Dolby Atmos sound, and high-definition screens.
- The company invests in modern tech like 2K projectors for better picture and sound quality.
- Strong franchisee model with full support from setup to operations, helping in faster rollouts and returns.
- Rapid franchise growth: 24 screens (2023) → 66 screens (2025).
- Multiple revenue streams: box office, food & beverages, advertising, and event hosting.
- Focus on Tier 2, 3, and 4 cities where competition is low and demand is growing.
⚠️ Key Risks
- Faces strong competition from bigger cinema chains and OTT platforms like Netflix and Amazon Prime.
- The company depends heavily on franchise partners, which could affect service quality and brand control.
- A large part of its revenue comes from a few regions and sources like ticket sales and food, which may not be stable.
- Business success depends on new movie releases, which are unpredictable.
- Any technical or operational issues like projector or sound system failure can impact customer experience.
📞 Key Contacts for Connplex Cinema IPO
| Company Contact Mrs. Ratika Khandelwal(Company Secretary & Compliance Officer) Connplex Cinemas Limited Block C-1001, Krish Cubical, Opp. Avalon Hotel,Nr. Govardhan Party Plot, Thaltej, Ahmedabad, Daskroi, Gujarat, India, 📞+91 07935289865/ 07935288291 📧 info@theconnplex.com 🌐 http://www.theconnplex.com/ | Registrar to the Issue MUFG Intime India Private Limited C-101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai – 400083, Maharashtra, India 📞 +91-22-4918 6200 📧 connplex.ipo@linkintime.co.in 🌐 www.linkintime.co.in |
📘 Book Running Lead Managers (BRLMs)
| BRLM Full Name |
|---|
| BEELINE CAPITAL ADVISORS PRIVATE LIMITED |
For full contact details including representatives, emails, and phone numbers, of BRLM's please refer to the Red Herring Prospectus (RHP).
📂Important IPO Documents
- 📄 Red Herring Prospectus (RHP)
- 📄 Draft Red Herring Prospectus (DRHP)
- 📄 Anchor Investors Allocation Report.
- 📄 Basis of Allotment(Published After allotment)
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