Connplex Cinemas IPO 2025: Date, Price Band, Review, GMP & Allotment Status in India

Connplex Cinemas Limited is launching its IPO to raise funds for business expansion including new screens, working capital, and other corporate requirements. The IPO is scheduled to open on August 7, 2025 and close on August 11, 2025. The shares will be listed on the NSE SME platform.

Quick Highlights

Particulars	Details
IPO Open Date	August 7, 2025
IPO Close Date	August 11, 2025
Listing Date	August 14, 2025
Face Value	₹10 per equity share
Price Band	₹168 to ₹177 per share
Issue Size	Approx. ₹90.27 Crores
Fresh Issue	Approx. ₹90.27 Crores
Lot Size	800 shares
Issue Type	Book Build Issue
IPO Listing	NSE SME
Retail Quota	Up to 35%
QIB Quota	Up to 50%
NII (HNI) Quota	Up to 15%

Market Lot Details

Category	Lot Size	Shares	Amount (₹)
Retail Min/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

Important IPO Dates

Event	Date
IPO Opening	August 7, 2025
IPO Closing	August 11, 2025
Basis of Allotment	August 12, 2025
Refund Initiation	August 13, 2025
Demat Credit	August 13, 2025
Listing Date	August 14, 2025

Promoters

• Mr. Anish Tulshibhai Patel
• Mr. Rahul Kamleshbhai Dhyani

About the Company

Connplex Cinemas Limited, established in 2015, is a well-known entertainment company specializing in setting up and operating theaters, along with managing franchise agreements for movie screenings and distribution. Their revenue streams include ticket sales, food and beverages, and advertising at their franchise locations under the “CONNPLEX” brand. The company is recognized for offering a variety of cinematic experiences, catering to diverse audiences, and using innovative marketing strategies through partnerships with studios and filmmakers for both theatrical and digital distribution. As of November 2024, Connplex Cinemas has expanded into 7 states across India and aims to add over 200 new screens, targeting a footprint in around 15 states in the coming years.

Financial Performance

Period Ended	Revenue (₹ Cr)	Expense (₹ Cr)	Profit After Tax (₹ Cr)	Assets (₹ Cr)
2022	6.98	5.80	0.85	15.56
2023	25.61	23.42	1.65	27.96
2024	60.83	55.32	4.09	36.40
Sep 2024	41.48	28.63	9.61	44.95

Key Financial Ratios (FY2024)

KPI	Value
ROE	120.72%
ROCE	88.35%
EBITDA Margin	10.27%
PAT Margin	6.78%
Debt to Equity Ratio	0.05
EPS (Basic)	₹2.92
Price/Earning Ratio	N/A
RoNW	75.28%
Net Asset Value (NAV)	₹3.88

Peer Comparison

Company	EPS	PE Ratio	RoNW (%)	NAV	Income
PVR Inox Limited	(3.26)	NA	-0.43%	746.34	₹6,107.10 Cr.

Purpose of the IPO

• Invest in corporate office infrastructure
• Purchase of LED screens and projectors
• Support working capital needs
• General corporate objectives

Registrar & Contact Details

Registrar:
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: connplex.smeipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Lead Manager:
Beeline Capital Advisors Pvt Ltd

Company Address:
Connplex Cinemas Ltd.
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/

Reviews

Various financial institutions and brokerage houses are yet to provide their recommendations for the Connplex Cinemas IPO.