Connplex Cinemas IPO

Incorporated in 2015, Connplex Cinemas Limited is an entertainment company that operates “Smart Cinemas” across India, offering premium movie experiences with advanced technology and comfort tailored to Indian tastes. The company builds theatres and partners through franchise agreements for film exhibition, distribution, and revenue sharing from ticket sales, food, beverages, and advertisements. Operating under the “CONNPLEX” brand and others, it also enables direct brand engagement through on-screen and off-screen ads. Its business model includes Express, Signature, and Luxuriance formats. As of June 30, 2025, it employed 96 people.

Connplex Cinemas Limited IPO Overview

Connplex Cinemas IPO is a book-building public issue worth ₹90.27 crores, comprising a fresh issue of 51 lakh equity shares. The IPO opens for subscription on August 7, 2025, and closes on August 11, 2025. The allotment is expected to be finalised on August 12, with the shares likely to be listed on the NSE SME platform on August 14, 2025. The price band is fixed between ₹168 to ₹177 per share, and the lot size is 800 shares. Retail investors must invest a minimum of ₹2,68,800 for 1,600 shares, while HNIs need to invest at least ₹4,24,800 for 2,400 shares. Beeline Capital Advisors Pvt Ltd is the book-running lead manager, MUFG Intime India Private Limited (Link Intime) is the registrar, and Spread X Securities Private Limited is the designated market maker.

Connplex Cinemas Limited IPO Details

Particulars	Details
IPO Date	7 August 2025 to 11 August 2025
Listing Date	14 August 2025
Face Value	₹10 per share
Issue Price Band	₹168 to ₹177 per share
Lot Size	800 Shares
Total Issue Size	51,00,000 shares (aggregating up to ₹90.27 Cr)
Fresh Issue	51,00,000 shares (aggregating up to ₹90.27 Cr)
Offer for Sale	NA
Issue Type	Bookbuilding IPO
Listing At	NSE SME
Share Holding Pre Issue	1,40,00,000 shares
Share Holding Post Issue	1,91,00,000 shares
Market Maker Portion	2,56,000 shares

Connplex Cinemas IPO Reservation

Investor Category	Shares Offered
Market Maker	2,56,000 (5.02%)
QIB	24,20,800 (47.47%)
Anchor Investors	14,52,000 (28.47%)
NII (HNI)	7,27,200 (14.26%)
Retail	16,96,000 (33.25%)
Total	51,00,000 (100.00%)

Connplex Cinemas IPO Anchor Investors Details

Bid Date	Shares Offered	Anchor Portion Size
6 August 2025	14,52,000	₹25.70 Crores

• 50% lock-in ends: 11 September 2025

• Remaining lock-in ends: 10 November 2025

Connplex Cinemas IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	1,600	₹2,83,200
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 Promoter Holding

Shareholding Status	Percentage
Pre-Issue	95.36%
Post-Issue	69.90%

Connplex Cinemas IPO Valuation Overview

KPI	Value
EPS (Pre IPO)	₹13.58
EPS (Post IPO)	₹9.95
P/E (Pre IPO)	13.04
P/E (Post IPO)	17.78
RoNW	77.78%
ROE	127.28%
ROCE	98.25%
Debt/Equity	0.03
PAT Margin	19.88%
EBITDA Margin	27.48%
Price to Book Value	45.62

Objectives of the Proceeds

• Purchase corporate office infrastructure – ₹14.79 Cr

• Purchase LED Screens and Projectors – ₹24.44 Cr

• Working capital requirement – ₹37.63 Cr

• General corporate purposes – Unspecified

Key Financials (in ₹ Crore)

Particulars	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
Reserves and Surplus	10.44	4.93	0.84
Total Borrowing	0.72	0.27	0.32