Latest news with #Connplex
Time of India
4 days ago
- Business
- Time of India
Connplex Cinemas IPO opens today with 18% GMP. Check details
Connplex Cinemas launches its Rs 90.27 crore IPO today, featuring a fresh offer of 51 lakh equity shares priced between Rs 168 and Rs 177. The IPO, closing on August 11 and listing on NSE SME August 14, aims to fund expansion and working capital. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Markets Connplex Cinemas will open its Rs 90.27 crore initial public offering (IPO) for subscription today with strong early interest from investors and a grey market premium (GMP) of 18%. The issue, which is entirely a fresh offer of 51 lakh equity shares, will close on August 11. The shares are expected to list on the NSE SME platform on August in a band of Rs 168 to Rs 177 per share, the IPO requires a minimum application of 1,600 of the public opening, Connplex raised Rs 25.7 crore from anchor investors on August in 2015, Connplex Cinemas is a growing entertainment company that operates 'Smart Cinemas' under its own brand. The firm offers a blend of express, signature, and luxury cinema formats with an emphasis on Indian consumer preferences, immersive experiences, and advanced screening company monetizes its operations through movie screenings, food and beverages, and advertising revenues across both owned and franchised plans to use the proceeds from the IPO to purchase a corporate office, invest in LED screens and projectors, fund working capital needs, and meet general corporate rapid growth is reflected in its recent financials — revenue rose 59% in FY25 to Rs 96.78 crore, while net profit surged 365% year-on-year to Rs 19.01 a healthy grey market premium, strong anchor book, and a differentiated business model, Connplex Cinemas' IPO debut is being closely tracked by market participants looking for promising SME entertainment plays.
Economic Times
4 days ago
- Business
- Economic Times
Connplex Cinemas IPO opens today with 18% GMP. Check details
Connplex Cinemas launches its Rs 90.27 crore IPO today, featuring a fresh offer of 51 lakh equity shares priced between Rs 168 and Rs 177. The IPO, closing on August 11 and listing on NSE SME August 14, aims to fund expansion and working capital. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Markets Connplex Cinemas will open its Rs 90.27 crore initial public offering (IPO) for subscription today with strong early interest from investors and a grey market premium (GMP) of 18%. The issue, which is entirely a fresh offer of 51 lakh equity shares, will close on August 11. The shares are expected to list on the NSE SME platform on August in a band of Rs 168 to Rs 177 per share, the IPO requires a minimum application of 1,600 of the public opening, Connplex raised Rs 25.7 crore from anchor investors on August in 2015, Connplex Cinemas is a growing entertainment company that operates 'Smart Cinemas' under its own brand. The firm offers a blend of express, signature, and luxury cinema formats with an emphasis on Indian consumer preferences, immersive experiences, and advanced screening company monetizes its operations through movie screenings, food and beverages, and advertising revenues across both owned and franchised plans to use the proceeds from the IPO to purchase a corporate office, invest in LED screens and projectors, fund working capital needs, and meet general corporate rapid growth is reflected in its recent financials — revenue rose 59% in FY25 to Rs 96.78 crore, while net profit surged 365% year-on-year to Rs 19.01 a healthy grey market premium, strong anchor book, and a differentiated business model, Connplex Cinemas' IPO debut is being closely tracked by market participants looking for promising SME entertainment plays.
News18
4 days ago
- Business
- News18
Connplex Cinemas Limited IPO Opens on August 07, 2025
PNNMumbai (Maharashtra) [India], August 6: Connplex Cinemas Limited (Connplex, The Company) is an entertainment company revolutionising the cinema industry with a focus on luxury. It proposes to open its Initial Public Offering on August 07, 2025, aiming to raise ₹ 90.27 Crore (At the Upper Price Band) by fresh issue of 51,00,000 equity shares, to be listed on the NSE Emerge issue size is 51,00,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 168 – ₹ 177 per Share Allocation* QIB Anchor Portion – Up to 14,52,000 Equity Shares* Qualified Institutional Buyer – Up to 9,68,800 Equity Shares* Non-Institutional Investors – Not Less Than 7,27,200 Equity Shares* Individual Investors – Not Less Than 16,96,000 Equity Shares* Market Maker – Up to 2,56,000 Equity SharesThe net proceeds from the IPO will be utilised for capital expenditure requirements for the purchase of the corporate office, purchase of LED Screens and Projectors, Working Capital requirements and general corporate expenses. The anchor portion will open on August 06, 2025, and the issue will close on August 11, Book Running Lead Manager to the Issue is Beeline Capital Advisors Private Limited, The Registrar to the Issue is MUFG Intime India Private LimitedAnish Tulshibhai Patel, Managing Director, and Rahul Kamleshbhai Dhyani, Joint Managing Director of Connplex Cinemas Limited, expressed, 'Going public is an important milestone for Connplex Cinemas as we move into our next phase of development. From the outset, our focus has been on redefining how cinema is experienced–making it more comfortable, more engaging and more accessible. With the support of this IPO, we plan to invest in infrastructure that allows us to maintain high-quality standards while expanding our footprint across both urban and emerging markets. This includes setting up our corporate headquarters and upgrading key technologies like LED screens and projectors. Our goal remains simple: to deliver a reliable and enjoyable cinema experience to more people across India."(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
Economic Times
12-06-2025
- Business
- Economic Times
Integrum Energy and Connplex Cinemas receive regulatory nod for IPOs
Integrum Energy Infrastructure and Connplex Cinemas received regulatory approvals to move ahead with their respective initial public offerings (IPOs). ADVERTISEMENT Integrum Energy Infrastructure has received clearance from the BSE. The company plans to raise funds through a fresh issue of up to 49.50 lakh equity shares, along with an offer for sale of up to 5.40 lakh shares, bringing the total issue size to up to 54.90 lakh equity shares, each with a face value of Rs 10. The company will use the IPO proceeds to meet working capital requirements, invest in its subsidiary Integrum Green Assets Private Limited for setting up a solar power plant for commercial and industrial (C&I) customers, fund acquisitions, and for general corporate purposes. Beeline Capital Advisors Private Limited is the Book Running Lead Manager and Integrated Registry Management Services Private Limited is the Registrar to the in 2021 and headquartered in Bengaluru, Integrum Energy provides customized clean energy solutions in the solar, wind, and hybrid segments. The company is currently developing a solar project in Karnataka. For the year ending March 31, 2024, it reported revenue of Rs 233.24 crore, EBITDA of Rs 20.76 crore, and profit after tax (PAT) of Rs 15.15 Cinemas Limited has received in-principle approval from NSE Emerge for its IPO comprising a fresh issue of up to 51 lakh equity shares of Rs 10 each. The proceeds will be used to purchase a corporate office, acquire LED screens and projectors, and meet working capital and general corporate needs. ADVERTISEMENT Connplex operates under the brand name 'CONNPLEX' and focuses on bringing luxury cinema experiences to Tier 2, 3, and 4 cities. The company features recliner seating, advanced AV systems, and operates revenue streams through ticketing, food and beverages, advertisements, and private events. Beeline Capital Advisors is the Book Running Lead Manager and MUFG Intime India Private Limited is the Registrar to the issue. ADVERTISEMENT For the year ending March 31, 2024, Connplex posted revenue of Rs 60.30 crore, EBITDA of Rs 6.19 crore, and PAT of Rs 4.09 crore. For the half-year ending September 30, 2024, revenue stood at Rs 40.69 crore, EBITDA at Rs 12.83 crore, and PAT at Rs 9.61 crore. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
