Connplex Cinemas SME: Check IPO Date, Live Subscription and Key Details
Connplex Cinemas Limited, incorporated in 2015, is a company in the business of film exhibition and distribution through its cinema theatres. The company's key business segments include developing and operating cinema theaters, film exhibition and distribution, revenue sharing from Food and Beverages (F&B), and other revenues from advertising. Connplex Cinemas focuses on both the underserved markets in Tier 2, 3, and 4 cities and expanding into metro cities. The company operates various cinema formats, including the Express Model (single-screen theaters with premium amenities), Signature Model (multiplexes in prime locations), and Luxuriance Model (luxury cinemas with advanced features). They emphasize providing a luxury experience and advanced technology to their patrons.
Price Range
₹168.00-177.00
Issue Size
85.74
Lot Size
800 shares
IPO Type
NSE SME
GMP
₹13(+7.34%)
Est. Listing Price
₹190
Invisible
-
Invisible
-
Key Metrics
Check Live GMP
Face Value
₹10
EPS
9.95
P/E Ratio
17.78
RoNW
77.78%
ROE
127.28%
Debt to Equity
0.03
Timeline
IPO Opens
7 Aug
IPO Closes
11 Aug
Allotment
12 Aug
Listing
14 Aug
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 7 August 2025 | Subscription starts |
| IPO Close Date | 11 August 2025 | Subscription ends |
| Allotment Date | 12 August 2025 | Allotment |
| Listing Date | 14 August 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,83,200 |
SHNI (Min) | 3 | ₹4,24,800 |
SHNI (Max) | 7 | ₹9,91,200 |
BHNIAbove ₹10,00,000 | 8 | ₹11,32,800 |
IPO Objectives
- Funding capital expenditure requirement for purchase of corporate office.
- Funding capital expenditure requirement of purchase of LED Screens and Projectors.
- Funding Working Capital Requirement.
- Funding General Corporate Purposes.
Strengths
- The company has a diversified income from film exhibition, F&B sales, and advertising, so it's not solely dependent on ticket sales.
- They have a strategic focus on smaller, underserved cities (Tier 2, 3, and 4), which gives them a competitive edge in markets with less competition.
- The company has shown significant financial growth, with a massive 365% increase in profit after tax (PAT) in FY25, indicating a strong market comeback and operational efficiency.
- Their franchisee system is a strength, as it allows them to expand quickly and affordably, increasing their market presence.
- The company is in a financially healthy position with a very low debt-to-equity ratio of 0.03, showing minimal financial risk.
Weaknesses
- The business is very cyclical and depends heavily on new movie releases; a poor content pipeline or an economic slowdown can severely affect its revenue.
- They face intense competition from other multiplex chains, but more importantly, from OTT streaming platforms like Netflix and Amazon Prime Video.
- The company has to spend a lot of money to constantly maintain and upgrade its cinema equipment to stay competitive with new technology.
- The company is dependent on third-party film distributors for its content, and any disputes or changes in their agreements could impact profitability.
- There's a risk that their expansion plans to set up new offices and buy new equipment could face delays and higher costs than expected.
Financial Performance
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (₹ Cr.) | 61.12 | 36.4 | 27.96 |
| Revenue (₹ Cr.) | 96.78 | 60.83 | 25.61 |
| PAT (₹ Cr.) | 19.01 | 4.09 | 1.65 |
| Net Worth (₹ Cr.) | 24.44 | 5.43 | 1.34 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Connplex Cinemas | 45.62 | 17.78 | 127.28% | 24.44 |
| PVR Inox Limited | 1.49 | -67.89 | -3.96% | 7,323 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.29x | 0.99x | 44.21x |
| NII | 0.42x | 0.86x | 49.75x |
| S-HNI | 0.62x | 1.35x | 31.28x |
| B-HNI | 0.32x | 0.61x | 58.98x |
| RII | 1.23x | 2.85x | 24.74x |
| Total | 0.79x | 1.9x | 35.66x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 9,68,800 | 4,28,32,000 | 758.13 |
| NII | 7,27,200 | 3,61,76,000 | 640.32 |
| Small NII | 2,42,400 | 75,81,600 | 134.19 |
| Big NII | 4,84,800 | 2,85,94,400 | 506.12 |
| RII | 16,96,000 | 4,19,64,800 | 742.78 |
| Total | 33,92,000 | 12,09,72,800 | 2,141.22 |
Company Details
- Connplex Cinemas Ltd.
- Block C-1001, Krish Cubical, Opp. Avalon Hotel, Nr. Govardhan Party Plot, Thaltej, Ahmedabad, Daskroi, Ahmedabad, Gujarat-380059
- +91 07935289865
- info@theconnplex.com
- https://ticketing.theconnplex.com/
Registrar Details
- MUFG Intime India Private Limited (Link Intime)
- +91-22-4918 6270
- connplex.smeipo@linkintime.co.in
- https://linkintime.co.in/Initial_Offer/public-issues.html