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InvestmentsIPOConnplex Cinemas IPO

Connplex Cinemas IPO

SME

Open Date

7 Aug 2025

Close Date

11 Aug 2025

Min Investment

₹ 2,68,800

Max Investment

₹ 5,00,000

Lot Size

800

Issue Size

₹ 90.27 Cr

Price Range

₹ 168 - ₹ 177
status

This IPO is now Live.

Click here for live price
IPO Timeline
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IPO Offer Start
7 Aug 2025
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IPO Offer Ends
11 Aug 2025
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Allotment Finalisation
12 Aug 2025
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Refund Initialisation
13 Aug 2025
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Non-Institutional Buyers (sHNI)
13 Aug 2025
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Listing of Shares
14 Aug 2025
IPO Subscription Details as on 13 Dec 2025, 03:08 PM
Qualified Instituational Buyers (QiB)
40.27 x
Retail
20.65 x
Non-Institutional Buyer (bHNI)
118.21 x
Non-Institutional Buyer (sHNI)
27.46 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
The company operates in the cinema and entertainment industry. It focuses on expanding its screen network, offering a wide range of content, and improving revenue from ancillary streams. The company has a strong franchisee support system and a quick franchise setup process. It aims to maximize revenue from existing cinemas while rationalizing costs and optimizing cash flows. The company also engages in reaching diverse audiences with tailored campaigns and has registered trademarks and copyrights.
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Founded In

2015

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Director

Parshwa Bhavikbhai Shah

Financials of Connplex Cinemas IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2023Mar 2024Mar 2025
Operating Revenue2,536.916,029.749,560.96
Other Income23.9053.53117.22
Total Income
2,560.816,083.279,678.18
Total Expenses
2,342.285,531.807,100.54
Profit Before Tax218.53551.472,577.64
Total Profit
164.84408.751,900.99

All figures are in lakhs (₹)

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Utilisation of Proceeds

All figures are in lakhs (₹)

PurposeAmount
To acquire commercial property of 7,174.85 sq ft to set up corporate office in Gujarat. This will create an asset for the company, enhance profitability, optimize operations, and support future growth.1,479
To purchase LED screens and projectors to enhance the viewing experience for customers and maintain the edge of cinema facilities. This will contribute to providing a superior movie-watching experience with high-definition visuals and projection technologies.2,444
To meet the working capital requirements for expansion of business activities. This will be utilized for funding the gap between current assets and current liabilities.3,763
To deploy funds towards general corporate purposes to drive business growth, including meeting operating expenses, initial development costs for projects, and strengthening business development and marketing capabilities.-
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  • Experience and new Technology: The company focuses on providing top-tier amenities including plush recliner seating, immersive surround sound systems, and high-definition screens. They continually invest in the latest sound and visual technology like Dolby Atmos systems and 2K projectors to deliver a premium cinema experience.
  • Strong Franchisee Support System & Quick Franchise Setup Process: The company offers comprehensive franchise support from location selection to operational setup. Their quick setup process with modular designs allows franchisees to launch rapidly and effectively, accelerating return on investment. As of March 31, 2025, they had 63 screens under the FOFO model and 3 under the FOCO model.
  • Strong Diversified Revenue Stream: The company has multiple revenue streams beyond just box office sales, including food and beverage, advertising, and other income. They offer regionally tailored F&B menus and leverage in-cinema advertising. They also host private events to capitalize on off-peak hours.
  • Strategic Location in Emerging Markets: The company focuses on Tier 2, 3, and 4 cities where larger competitors have limited presence. This allows them to capture substantial market share in underserved areas with high demand and low existing supply. As of March 31, 2025, they had 21 screens in Tier 1 cities, 27 in Tier 2, 16 in Tier 3, and 2 in Tier 4 cities.
  • Variety of Cinema Formats: The company offers different cinema formats to meet diverse audience needs - Express Model for compact spaces, Signature Model for a more elevated experience, and Luxuriance Model for premium luxury. As of March 31, 2025, they had 22 Express, 28 Signature, and 16 Luxuriance model screens.

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