Latest news with #ConnplexCinemas
Business Standard
7 days ago
- Business
- Business Standard
NSE SME Connplex Cinemas' market premiere draws a modest opening scene
Shares of Connplex Cinemas was trading at Rs 185.25 on the NSE, a premium of 4.66% compared with the issue price of Rs 177. The scrip was listed at Rs 195, a premium of 10.17% over the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 198 and a low of Rs 185.25. About 23.57 lakh shares of the company changed hands at the counter. Connplex Cinemas' IPO was subscribed 33.24 times. The issue opened for bidding on 7 August 2025 and it closed on 11 August 2025. The price band of the IPO was set at Rs 168 to 177 per share. The IPO comprised fresh issue of 51,00,000 shares. The promoter and promoter group shareholding diluted to 69.90% from 95.36% pre-IPO. The company intends to utilize the net proceeds for capital expenditure towards the purchase of a corporate office, procurement of LED screens and projectors, funding working capital requirements, general corporate purposes, and covering public issue expenses. Ahead of the IPO, Connplex Cinemas on 2 August 2025, raised Rs 25.70 crore from anchor investors. The board allotted 14.52 lakh shares at Rs 177 per share to 10 anchor investor. Connplex Cinemas operates a nationwide chain of "Smart Cinemas" under the CONNPLEX brand. Its revenue streams include box office collections, F&B sales, and on-screen/off-screen advertising. The company also provides integrated advertising solutions and runs three formatsExpress, Signature, and Luxuriancecatering to varied consumer segments. As of 30 June 2025, Connplex Cinemas had 96 employees on its payroll, including Key Managerial Personnel (KMP). The company recorded revenue from operations of Rs 95.60 crore and net profit of Rs 19 crore for the period ended 31 March 2025.
Time of India
7 days ago
- Business
- Time of India
Connplex Cinemas shares list at 10% premium over IPO price on NSE SME platform
Connplex Cinemas shares debuted at Rs 195 apiece on the NSE SME platform , marking a 10.2% premium over the issue price of Rs 177. The Rs 90.27 crore IPO, open from August 7 to 11, attracted strong investor interest, with an overall subscription of 35.67 times. The QIB category led with 44.21 times subscription, followed by NIIs at 49.75 times and retail investors at 24.75 times. Connplex Cinemas IPO consisted entirely of a fresh issue of 51 lakh equity shares. Ahead of the offering, Connplex Cinemas raised Rs 25.70 crore from anchor investors, with allocations to both domestic and institutional players. In the grey market, the company's shares are currently trading at a premium of around 5% over the issue price, suggesting that the stock could list near Rs 185–186 if sentiment holds steady until debut. Founded in 2015, Connplex Cinemas operates 'Smart Cinemas' across India, offering premium movie experiences tailored to Indian audiences. The company develops theatres and franchises them under the 'Connplex' brand, generating revenue from ticket sales, food and beverage offerings, and both on-screen and off-screen advertising. Its formats — Express, Signature, and Luxuriance — cater to varied audience segments, and as of June 30, 2025, the company employed 96 people. Proceeds from the IPO will be used to fund the purchase of a corporate office, acquire LED screens and projectors, meet working capital requirements, and for general corporate purposes. With healthy subscription figures, a niche focus on premium cinema experiences, and steady grey market activity, all eyes are now on whether Connplex Cinemas can deliver an opening day performance in line with investor expectations.
Mint
12-08-2025
- Business
- Mint
Connplex Cinemas IPO allotment date in focus. Latest GMP, step-by-step guide to check allotment status online
Connplex Cinemas IPO share allotment is in focus as investors and market observers are eagerly waiting for the finalisation of share allocation. The investors who applied for the issue can check Connplex Cinemas IPO allotment status on Connplex Cinemas IPO 's registrar portal, which is MUFG Intime India Private Limited (Link Intime). Connplex Cinemas IPO opened for subscription on Thursday, August 7, and closed on Monday, August 11. Connplex Cinemas IPO subscription status on the last bidding day was 35.67 times, according to The retail investor segment was subscribed 24.75 times. The allocation for non-institutional investors saw a subscription rate of 49.75 times. The portion reserved for qualified institutional buyers (QIBs) was booked at 44.21 times. Investors can check their share allocation by examining the allocation basis. This will also reveal the number of shares assigned in the IPO allotment status. If there are no shares allocated, the company will initiate the application process. The shares need to be credited to the demat accounts of the designated recipients. The initiation of the refund process will start on Wednesday, August 13 for individuals not given shares. Those allotted will receive their shares in their demat accounts tomorrow. If you have applied for the Connplex Cinemas IPO, you can do a Connplex Cinemas IPO allotment status check on the website of the IPO registrar, which is Link Intime India Private Ltd. You can check the Connplex Cinemas IPO allotment status of your application below: Visit to access the website of the IPO registrar, Link Intime India Private Ltd. Choose the IPO from the dropdown list; the name will be available once the allocation process is complete. Select the Application No., Demat Account, or PAN link to check the current status. Determine whether the application type is ASBA or non-ASBA. Enter the information for the mode chosen in Step 2. To register on the NSE website, click on the 'Click here to sign up' option and provide your PAN. Input your username, password, and the captcha code. Verify the IPO allotment status on the newly opened page. Connplex Cinemas IPO grey market premium is +13. This indicates Connplex Cinemas share price were trading at a premium of ₹ 13 in the grey market, according to Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Connplex Cinemas share price was indicated at ₹ 190 apiece, which is 7.34% higher than the IPO price of ₹ 177. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Mint
07-08-2025
- Business
- Mint
Connplex Cinemas IPO Day 1: GMP, subscription status, price band, other details of NSE SME IPO
Connplex Cinemas IPO: The initial public offering (IPO) of film exhibition and distribution firm Connplex Cinemas opened for subscription on Thursday, August 7. The SME IPO is a fresh issue of 51 lakh shares to raise ₹ 90.3 crore. Connplex Cinemas is an entertainment company that develops theatres and operates under franchise agreements. It earns revenue from movie screenings, food and beverage sales, and advertisements, under the brand name 'CONNPLEX' and other registered brands. By 10:30 AM on Wednesday, the first day of subscription, the issue had seen an overall subscription of 0.06 times, with the retail segment booked 0.10 times. The segments reserved for NIIs were booked 0.05 times, and the QIB segment had not seen any subscription until then. 1. Connplex Cinemas IPO GMP: According to market sources, the latest grey market premium (GMP) of Connplex Cinemas shares was ₹ 31. The latest GMP indicates the stock could be listed at a premium of 17.51 per cent. 2. Connplex Cinemas IPO date: The SME IPO opened for subscription on Thursday, August 7, and will remain open until Monday, August 11. 3. Connplex Cinemas IPO price: The price band of the public issue has been fixed at ₹ 168 to ₹ 177 per equity share. 4. Connplex Cinemas IPO size: The company plans to raise ₹ 90.3 crore from this issue, which it will use to meet working capital requirements and fund capital expenditure requirements. 5. Connplex Cinemas IPO lot size: Retail investors can bid for a minimum and maximum of 1,600 shares for ₹ 2,83,200. 6. Connplex Cinemas IPO reservation: Nearly 16.96 lakh shares, or 33.25 per cent of the net issue, are reserved for retail investors. The company has reserved 24.21 lakh shares (47.47 per cent of the net issue) for QIBs, while 7,27,200 shares (14.26 per cent of the net issue) are reserved for NIIs. 7. Connplex Cinemas IPO allotment date: The company is expected to finalise the share allotment on Tuesday, August 12. Successful bidders can expect shares of the company in their demat accounts on Wednesday, August 13, and bidders who fail to get the allocation may get a refund on the same day. 8. Connplex Cinemas IPO book-running lead manager and registrar: According to the issue's Red Herring Prospectus (RHP), Beeline Capital Advisors Pvt Ltd is the book-running lead manager, while MUFG Intime India Private Limited is the registrar. 9. Connplex Cinemas IPO listing: As per SEBI's T+3 rule of IPO listing, the SME IPO is proposed for listing on the NSE SME on Thursday, August 14. 10. Connplex Cinemas IPO business overview: According to the RHP, the company develops theatres specialising in the exhibition and distribution of films, sharing the revenue from movie screenings, the sale of food and beverages at franchised cinemas, and related business under the brand name 'CONNPLEX' and other brands. The company's revenue from operations for FY23 was ₹ 25.37 crore, which rose to ₹ 60.30 crore in FY24 and to ₹ 95.61 crore in FY25. Profit after tax (PAT) in FY23 was ₹ 1.65 crore. PAT rose to ₹ 4.1 crore in FY24 and to ₹ 19.01 crore in FY25. Read all IPO-related news here Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
Time of India
07-08-2025
- 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.
