Connplex Cinemas IPO
Open SmeCurrent GMP
₹12 (+6.78%)
Price Band
₹ 168 – 177
Lot Size
800
Issue Size
₹90.27 Cr
Minimum Investment
₹283200 (1600 Shares)
Listing Date
14 August 2025
Subscription
35.76x
About the Company
Incorporated in 2015, Connplex Cinemas Limited is a rapidly growing Indian entertainment company pioneering the concept of "Smart Cinemas" across the country. By blending advanced cinema technology, luxurious seating, and tailored services for Indian audiences, Connplex aims to redefine the movie-going experience through innovation, comfort, and immersive storytelling.
The company operates under the flagship brand “CONNPLEX” and other registered trademarks. It specializes in building and managing cinemas, entering into franchise agreements for film exhibition and distribution, and generating revenue through box office collections, food and beverage sales, and advertising.
Business Model
Connplex’s operations are anchored on three core pillars:
- Cinema Development – Designing and constructing modern theaters across India.
- Film Exhibition & Distribution – Screening mainstream and regional films, hosting events, and collaborating with studios for content distribution, both offline and digitally.
- Revenue Sharing – Generating income from ticket sales, in-theater food and beverages, and on-screen/off-screen advertising opportunities.
The company also offers event space for private screenings, corporate functions, and community gatherings, thereby expanding its revenue streams and audience engagement.
Cinema Formats
To cater to varying market segments and regional preferences, Connplex operates under three distinct formats:
- Express – Cost-effective, efficient movie-watching experiences.
- Signature – Balanced offerings combining comfort and technology.
- Luxuriance – Premium, luxury cinema experiences with high-end amenities.
Competitive Strengths
- Strategic Expansion: As of September 30, 2024, Connplex operates 22 cinemas with 55 screens and 4,266 seats across multiple cities, including Rajkot, Ahmedabad, Patna, Bhagalpur, and Mehsana. By November 2024, it had a presence in seven states, with plans to scale to over 200 new screens across 15 states.
- Innovative Cinema Models: With its three-format approach, Connplex addresses diverse customer needs—from budget-friendly to luxury.
- Technology-Driven Experience: The company invests in state-of-the-art LED screens, high-resolution projectors, and digital platforms to deliver an enhanced cinematic experience.
- Customer-Centric Design: Modern interiors, plush seating, and upgraded amenities set Connplex apart from traditional cinema chains.
- Brand Recognition: Despite being a relatively new entrant, Connplex has quickly established itself as a recognizable and respected name in the Indian cinema landscape.
- Advertising Opportunities: Connplex offers dynamic advertising solutions—trailers, digital displays, and brand integrations—enabling marketers to engage directly with targeted audiences.
Promoters
- Mr. Anish Tulshibhai Patel
- Mr. Rahul Kamleshbhai Dhyani
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Objects of the Issue
The Company Connplex Cinemas IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- 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
Address / Contact Info
Connplex Cinemas Limited
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/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 07 August 2025
IPO Close Date
Monday, 11 August 2025
Basis of Allotment
Tuesday, 12 August 2025
Initiation of Refunds
Wednesday, 13 August 2025
Credit of Shares to Demat
Wednesday, 13 August 2025
Listing Date
Thursday, 14 August 2025 — NSE & BSE
Important Dates
Open Date
07 August 2025
Close Date
11 August 2025
Basis Of Allotment
12 August 2025
Listing Date
14 August 2025
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 44.95 | 36.4 | 27.96 | 15.56 |
| Revenue | 41.48 | 60.83 | 25.61 | 6.98 |
| Profit After Tax | 9.61 | 4.09 | 1.65 | 0.85 |
| Net Worth | 15.04 | 5.43 | 1.34 | -0.31 |
| Reserve & Surplus | 14.54 | 4.93 | 0.84 | -0.81 |
| Total Borrowings | 0.78 | 0.27 | 0.32 | 0.32 |
EPS Pre
0.00%
EPS Post
0.00%
P/E Pre
0.00
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI As On |
|---|---|
| ROE % | 120.72 |
| ROCE % | 88.35 |
| Debt / Equity | 0.05 |
| RoNW % | 75.28 |
| PbW | 0 |
| Pat Margin % | 6.78 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 968800 | 28.56 | 0 |
| Non-Institutional | 727200 | 21.44 | 0 |
| BNII | 484800 | 14.29 | 0 |
| SNII | 242400 | 7.15 | 0 |
| Retail Investors | 1696000 | 50 | 0 |
| Total | 3392000 | 100 | 0 |
Subscription Status ( Mon, 11 Aug 25 01:46 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 968800 | 42832000 | 44.21x |
| Non-Institutional | 727200 | 36434400 | 50.1x |
| BNII | 484800 | 28850400 | 59.51x |
| SNII | 242400 | 7584000 | 31.29x |
| Retail Investors | 1696000 | 42019200 | 24.78x |
| Total | 3392000 | 121285600 | 35.76x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | 283,200.00 |
| Retail (Max) | 2 | 1,600 | 283,200.00 |
| S-HNI (Min) | 3 | 2,400 | 424,800.00 |
| S-HNI (Max) | 7 | 5,600 | 991,200.00 |
| B-HNI (Min) | 8 | 6,400 | 1,132,800.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Connplex Cinemas IPO is a Book-building IPO worth ₹90.27 crores. The price band is ₹168 to 177 per share. The IPO opens on Thu, Aug 7, 2025 and closes on Mon, Aug 11, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Connplex Cinemas IPO opens on Thu, Aug 7, 2025 and closes on Mon, Aug 11, 2025
Connplex Cinemas IPO Price Band is ₹168 to 177.
Connplex Cinemas IPO lot size is 800, and the minimum amount required for application is ₹283200.
The minimum investment for Connplex Cinemas IPO is approximately ₹283200 based on the upper price band.
To apply for the Connplex Cinemas IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Aug 11, 2025. After submission, funds are blocked until the basis of allotment of Connplex Cinemas IPO is finalised.
Connplex Cinemas IPO issue size is ₹90.27 crores.
Connplex Cinemas IPO allotment date is Sat, Jun 27, 2026.
The registrar for Connplex Cinemas IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Connplex Cinemas IPO through their official website or helpline.
The Connplex Cinemas IPO GMP (Grey Market Premium) is ₹12 as of Thu, Aug 14, 2025. Based on the upper price band of ₹177 per share, the estimated Connplex Cinemas IPO listing price is ₹189, indicating a potential listing gain of approximately 31% over the issue price.