Connplex Cinemas IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Thu, 07 Aug 2025
Close Date
Mon, 11 Aug 2025
Price Band
₹ 168 – 177
Lot Size
800
Issue Size
₹ 90.27 Cr
Minimum Investment
₹ 283,200 (1600 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Connplex Cinemas IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹90.27 Crore, comprising a fresh issue of 51.00 Lakh equity shares aggregating to ₹90.27 Crore.
The Connplex Cinemas IPO remained open for subscription from August 07, 2025, to August 11, 2025. The basis of allotment was finalized on August 12, 2025, and the company's shares were listed on NSE SME Platform on August 14, 2025.
The company had fixed the price band at ₹168 to ₹177 per share, with a lot size of 800 shares. Retail investors were required to make a minimum investment of ₹283,200 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Beeline Capital Advisors Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Connplex Cinemas Ltd is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Connplex Cinemas IPO Timeline (Tentative)
- IPO Open Date
- Thu, 07 Aug 25
- IPO Close Date
- Mon, 11 Aug 25
- Basis of Allotment
- Tue, 12 Aug 25
- Initiation of Refunds
- Wed, 13 Aug 25
- Credit of Shares to Demat
- Wed, 13 Aug 25
- Listing Date
- Thu, 14 Aug 25 — NSE & BSE
Open Date
07 August 2025
Close Date
11 August 2025
Basis Of Allotment
12 August 2025
Listing Date
14 August 2025
IPO Subscription
Check Live Subscription →The Connplex Cinemas IPO has received bids for 12,12,85,600 shares against 33,92,000 shares offered, resulting in an overall subscription of 35.76x. the NII category is subscribed 50.1x, Retail Investors 24.78x, and QIBs 44.21x. Within the NII category, BNII is subscribed 59.51x, while SNII is subscribed 31.29x.
QIB
44.21x
NII
50.1x
BNII
59.51x
SNII
31.29x
RII
24.78x
Total
35.76x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 16,96,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 9,68,800 shares (28.56%), while Non-Institutional Investors (NIIs) receive 7,27,200 shares (21.44%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 968,800 | 28.56% |
| Non-Institutional | 727,200 | 21.44% |
| BNII | 484,800 | 14.29% |
| SNII | 242,400 | 7.15% |
| Retail Investors | 1,696,000 | 50% |
| Total | 3,392,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Connplex Cinemas Ltd KPI Information
| Particular | KPI As On |
|---|---|
| ROE % | 120.72 |
| ROCE % | 88.35 |
| Debt / Equity | 0.05 |
| RoNW % | 75.28 |
| Pat Margin % | 6.78 |
Peers Comparison
No Peer Comparision Available
About Connplex Cinemas Ltd
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.
Connplex Cinemas IPO Promoters
- Mr. Anish Tulshibhai Patel
- Mr. Rahul Kamleshbhai Dhyani
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Connplex Cinemas IPO Objective
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
Connplex Cinemas Ltd Address / Contact Details
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
Connplex Cinemas IPO Lot Size
The Connplex Cinemas IPO has a lot size of 800 shares. Retail investors require a minimum investment of ₹2,83,200 by applying for 2 lot (1,600 shares). The maximum application allowed for the retail category is 2 lots (1,600 shares), requiring an investment of ₹2,83,200.
| 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 |
Issue Reservation
- QIB — 28.56%
- NII — 21.44%
- RII — 50%
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Connplex Cinemas IPO?
Connplex Cinemas IPO is a Book-building IPO with a total issue size of ₹90.27 crore. The Connplex Cinemas IPO price band is ₹168 to 177 per share. The Connplex Cinemas IPO subscription opens on Thu, Aug 7, 2025, and closes on Mon, Aug 11, 2025. The Connplex Cinemas IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Connplex Cinemas IPO.
When will the Connplex Cinemas IPO open for subscription?
The Connplex Cinemas IPO opens on Thu, Aug 7, 2025 and closes on Mon, Aug 11, 2025
What is Connplex Cinemas IPO Price Band?
Connplex Cinemas IPO Price Band is ₹168 to 177 per share.
What is Connplex Cinemas IPO Lot Size?
Connplex Cinemas IPO lot size is 800 shares, Retail investors need a minimum investment of ₹283200 based on the upper price band
What is the minimum investment for Connplex Cinemas IPO?
The minimum investment for Connplex Cinemas IPO is ₹283200, based on one lot of 800 shares at the upper price band of ₹177 per share.
How to apply for Connplex Cinemas IPO?
Investors can apply for the Connplex Cinemas IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Aug 11, 2025. The application amount remains blocked until the Connplex Cinemas IPO allotment is finalized.
What is Connplex Cinemas IPO Issue Size?
Connplex Cinemas IPO issue size is ₹90.27 crores.
What is the Connplex Cinemas IPO Allotment Date?
Connplex Cinemas IPO allotment date is Tue, Aug 12, 2025.
Who is the Connplex Cinemas IPO Registrar?
The registrar for Connplex Cinemas IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Connplex Cinemas IPO allotment status, refund processing, and other IPO-related information.
What is the Connplex Cinemas IPO GMP?
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 6.78% over the issue price.
Who is the Connplex Cinemas IPO Lead Manager?
The book-running lead managers (BRLMs) for the Connplex Cinemas IPO are Beeline Capital Advisors Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Connplex Cinemas IPO Red Herring Prospectus (RHP).