Connplex Cinemas IPO: Subscribed 1.80 Times, Allotment Complete, Listing Expected Soon

The Connplex Cinemas IPO, aimed at raising ₹90.27 crore, was open for subscription from August 7 to August 11, 2025, and received a healthy subscription of 1.80 times. Investors showed strong interest, signaling confidence in the company’s growth prospects.

The basis of allotment was finalized on August 12, and shares were credited to investors’ demat accounts today, August 13, along with refund processing for unsuccessful applicants.

The IPO price band was fixed between ₹168 and ₹177 per share, with a lot size of 800 shares. This makes the minimum retail investment approximately ₹1,42,000 at the cut-off price.

Connplex Cinemas focuses on providing premium multiplex experiences primarily in Tier-II and Tier-III cities, generating revenue from box office sales, food and beverage, advertising, and other related services.

The shares are expected to be listed today, August 13, 2025, on the NSE SME platform with a tentative listing price likely around ₹190 per share, indicating a potential premium over the IPO price.

This successful IPO marks an important milestone for Connplex Cinemas as it expands its footprint in the multiplex entertainment industry.

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