Connplex Cinemas IPO
IPO Listing Details
- Listing Date
14 Aug 2025
- Listing Price
₹ 195.00
- Listing Change
10.17%
- Last Traded Price
₹ 247.95
Connplex Cinemas IPO Details
-
Open Date
07 Aug 2025
-
Close Date
11 Aug 2025
-
Listing Date
14 Aug 2025
- IPO Price Range
₹ 168 – ₹177
- IPO Size
₹ 85.74 Cr
- Listing Exchange
NSE SME
Connplex Cinemas IPO Timeline
Connplex Cinemas IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 07-Aug-25 | 0.29 | 0.42 | 1.20 | 0.77 |
| 08-Aug-25 | 0.99 | 0.86 | 2.85 | 1.89 |
| 11-Aug-25 | 44.21 | 49.75 | 24.75 | 35.67 |
Last Updated: 11 August 2025 6:27 PM by 5paisa
Incorporated in 2015, Connplex Cinemas Ltd. is a modern entertainment company that operates “Smart Cinemas” across India. The company delivers premium movie experiences by combining advanced technology, comfort, and a deep understanding of Indian consumer preferences.
Connplex runs its theatres through both self-owned and franchise models, generating revenue from movie screenings, food & beverage sales, and advertising. Its three cinema formats—Express, Signature, and Luxuriance—cater to various market segments.
As of 30 June 2025, the company employed 96 people and had a strong operational footprint across emerging markets.
Established: 2015
Joint MD: Mr. Anish Tulshibhai Patel and Mr. Rahul Kamleshbhai Dhyani
Connplex Cinemas Objectives
The net proceeds from the issue will be used for:
1. Funding office space through capital expenditure for corporate infrastructure needs.
2. Purchasing high-quality LED screens and projectors for cinema operations.
3. Meeting essential working capital requirements to support daily business activities.
4. Utilising funds for general purposes to support business-wide growth.
Connplex Cinemas Marketing IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹85.74 Cr |
| Offer For Sale | ₹0.00 Cr |
| Fresh Issue | ₹85.74 Cr |
Connplex Cinemas IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | ₹2,68,800 |
| Retail (Max) | 2 | 1,600 | ₹2,68,800 |
| S-HNI (Min) | 3 | 2,400 | ₹5,37,600 |
| S-HNI (Max) | 7 | 5,600 | ₹9,40,800 |
| B-HNI (Min) | 8 | 6,400 | ₹10,75,200 |
Connplex Cinemas IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB | 44.21 | 9,68,800 | 4,28,32,000 | 758.126 |
| NII (HNI) | 49.75 | 7,27,200 | 3,61,76,000 | 640.315 |
| Retail | 24.75 | 16,96,000 | 4,19,76,000 | 742.975 |
| Total** | 35.67 | 33,92,000 | 12,09,84,000 | 2,141.417 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 25.61 | 60.83 | 96.78 |
| EBITDA | 2.63 | 6.19 | 26.28 |
| PAT | 1.65 | 4.09 | 19.01 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Assets | 27.96 | 36.40 | 61.12 |
| Share Capital | 0.50 | 0.50 | 14.00 |
| Total Borrowings | 0.32 | 0.27 | 0.72 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 8.83 | 4.03 | 2.80 |
| Net Cash Generated From / (used in) investing activities | -6.16 | -4.39 | 4.61 |
| Net Cash Generated From / (used in) financing activities | 0.23 | -0.11 | 0.34 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -3.41 | -0.48 | -1.47 |
Strengths
1. Smart cinema formats designed for diverse Indian audience experiences.
2. The franchise model ensures fast expansion with lower operational load.
3. Multiple revenue streams: tickets, food, beverage, and advertising.
4. Targeting Tier-2 and Tier-3 cities with growing cinema demand.
Weaknesses
1. Smaller footprint compared to large multiplex cinema competitors nationwide.
2. Relies heavily on franchisees for consistent customer service quality.
3. Brand visibility remains limited outside the current regional market reach.
4. Scalability challenges due to fragmented operational and support systems.
Opportunities
1. India’s rising demand for tech-led, budget-friendly entertainment options.
2. Franchise model expansion is viable across emerging urban city zones.
3. Post-COVID viewing trends favour immersive and localised content formats.
4. Cinematic experience customisation is gaining appeal among younger Indian audiences.
Threats
1. OTT platforms continue disrupting traditional theatrical content consumption models.
2. Intense competition from established national multiplex theatre brands.
3. High capital costs for screens, infrastructure, and technology upgrades.
4. Box-office performance is directly linked to content availability and popularity.
1. Strong revenue and PAT growth reported during FY25 financial year.
2. Multiple income sources: box office, food, beverages, and advertisements.
3. Scalable franchise model supports rapid expansion across diverse markets.
4. Presence in underpenetrated, high-growth Indian cities and regional territories.
5. Promoter-led vision with disciplined capital approach and minimal debt burden.
1. India's entertainment sector is growing rapidly, driven by urbanisation, increased disposable income, and demand for immersive experiences.
2. Connplex Cinemas’ innovative formats and asset-light franchise model position it well to tap into the Tier-2 and Tier-3 city markets.
3. The growing number of content creators also adds tailwinds to the exhibition segment.
Open Free Demat Account
Be a part of 5paisa community - The first listed discount broker of India.
By proceeding, you agree to all T&C*
FAQs
The Connplex Cinemas IPO opens on 7 August 2025 and closes on 11 August 2025.
The Connplex Cinemas IPO issue size is ₹85.74 crore, entirely a fresh issue of 48.44 lakh shares.
The price band Connplex Cinemas IPO of is ₹168 to ₹177 per share.
Minimum lot size of Connplex Cinemas IPO is 1,600 shares (2 lots), requiring ₹2,68,800.
The tentative listing date of Connplex Cinemas IPO is 14 August 2025 on the NSE SME platform.
The basis of allotment of Connplex Cinemas IPO is expected on 12 August 2025.
Beeline Capital Advisors Pvt. Ltd. is the lead book-running manager of Connplex Cinemas IPO.
Spread X Securities Private Limited is the lead manager for Connplex Cinemas IPO.
Step 1: Log in to your 5paisa account using valid credentials.
Step 2: Navigate to the IPO section and select Connplex Cinemas IPO.
Step 3: Enter your desired bid quantity and price.
Step 4: Provide your UPI ID and apply.
Step 5: Approve the UPI mandate in your UPI app to complete the bidding process.
The Connplex Cinemas will use IPO proceeds for:
- Funding office space through capital expenditure for corporate infrastructure needs.
- Purchasing high-quality LED screens and projectors for cinema operations.
- Meeting essential working capital requirements to support daily business activities.
- Utilising funds for general purposes to support business-wide growth.
Connplex Cinemas Contact Details
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/
Connplex Cinemas IPO Register
MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: connplex.smeipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Connplex Cinemas IPO Lead Manager
Beeline Capital Advisors Pvt Ltd