Connplex Cinemas IPO – Key Details and Investment Highlights
The Connplex Cinemas IPO is scheduled to open on August 7, 2025, and will close on August 11, 2025. It is a book-built issue, with the company aiming to raise approximately ₹90.27 crores through a fresh issue of equity shares. An Offer for Sale (OFS) component is also proposed, with details yet to be announced. Each share will have a face value of ₹10.
The IPO price band is set between ₹168 to ₹177 per share. The investor allocation is structured as follows: 50% for Qualified Institutional Buyers (QIBs), 35% for Retail Investors, and 15% for High Net-Worth Individuals (HNIs).
The basis of allotment will be finalized on August 12, 2025, and the shares are proposed to be listed on the NSE on August 14, 2025.
Connplex Cinemas Financial Highlights
Connplex Cinemas has shown impressive financial growth in recent years. The company reported a revenue of ₹60.83 crores in FY2024, a significant increase from ₹25.61 crores in FY2023. Net profit rose to ₹4.09 crores in FY2024, compared to ₹1.65 crores in FY2023.
Connplex Cinemas IPO Objectives:
The net proceeds from the Connplex Cinemas IPO will be utilized for the following purposes:
- Capital Expenditure for Corporate Office
To fund the purchase of a new corporate office to support business expansion and enhance operational efficiency. - Capital Expenditure for Cinema Equipment
To finance the acquisition of LED screens and projectors to upgrade and expand the company’s cinema infrastructure. - Working Capital Requirements
To meet the company’s day-to-day operational and business funding needs. - General Corporate Purposes
To support strategic initiatives, enhance brand presence, and meet other general business objectives.
Connplex Cinemas IPO Review (Apply or Not)
- Update Soon
Connplex Cinemas IPO Date & Price Band Details:
| IPO Open Date: | August 7, 2025 |
| IPO Close Date: | August 11, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO 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: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Connplex Cinemas IPO Lot Size:
The minimum market lot for the Connplex Cinemas IPO is 1,600 equity shares, requiring a total application amount of ₹2,83,200 for retail investors.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 1,600 | ₹2,83,200 |
| Retail Maximum | 2 | 1,600 | ₹2,83,200 |
| S-HNI Minimum | 3 | 2,400 | ₹4,24,800 |
| S-HNI Maximum | 7 | 5,600 | ₹9,91,200 |
| B-HNI Minimum | 8 | 6,400 | ₹11,32,800 |
Connplex Cinemas IPO Allotment & Listing Date (Details)
The Connplex Cinemas IPO will open for subscription on August 7, 2025, and close on August 11, 2025. The basis of allotment is expected to be finalized on August 12, 2025, with the company’s shares proposed to be listed on the NSE on August 14, 2025.
| IPO Open Date: | August 7, 2025 |
| IPO Close Date: | August 11, 2025 |
| Basis of Allotment: | August 12, 2025 |
| Refunds: | August 13, 2025 |
| Credit to Demat Account: | August 13, 2025 |
| IPO Listing Date: | August 14, 2025 |
Connplex Cinemas IPO GMP Today:
Update Soon
Promoters of Connplex Cinemas IPO
The promoters of Connplex Cinemas Limited are Mr. Anish Tulshibhai Patel and Mr. Rahul Kamleshbhai Dhyani.
About Connplex Cinemas Limited
Established in 2015, Connplex Cinemas Limited is a prominent entertainment company engaged in setting up cinema theatres and entering into franchise agreements for film screening and distribution. The company operates under the brand name “CONNPLEX”, and generates revenue primarily through ticket sales, food and beverage offerings, and advertising across its franchised multiplexes.
Connplex offers a wide range of cinema experiences tailored to diverse audience segments. Its business is structured around three core verticals:
- Construction and development of cinema theatres
- Movie screening, distribution, and event hosting
- Revenue generation through F&B sales, advertisements, and profit-sharing
The company actively collaborates with filmmakers and production studios to distribute films through both offline theatres and digital platforms, leveraging smart marketing and content strategies.
As of November 2024, Connplex has established its presence in 7 Indian states and has ambitious expansion plans to roll out over 200 additional screens across 15 states in the coming years.
Connplex Cinemas – Financial Performance Overview
Connplex Cinemas Limited has demonstrated strong financial growth over the past fiscal year. The company reported a revenue of ₹60.83 crores in FY2024, a significant rise from ₹25.61 crores in FY2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 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 |
| September 2024 | ₹41.48 | ₹28.63 | ₹9.61 | ₹44.95 |
Connplex Cinemas IPO Valuation – FY2024
| KPI | Values |
| ROE: | 120.72% |
| ROCE: | 88.35% |
| EBITDA Margin: | 10.27% |
| PAT Margin: | 6.78% |
| Debt to equity ratio: | 0.05 |
| Earning Per Share (EPS): | ₹2.92 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 75.28% |
| Net Asset Value (NAV): | ₹3.88 |
Connplex Cinemas IPO 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
IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Connplex Cinemas 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/
Connplex Cinemas IPO – Frequently Asked Questions (FAQs)
Q1. What is the Connplex Cinemas IPO?
A. Connplex Cinemas IPO is a book-built issue aiming to raise approximately ₹90.27 crores through a fresh issue of equity shares. The company operates in the entertainment sector, focusing on cinema theatre development and franchise operations under the brand “CONNPLEX”.
Q2. What are the Connplex Cinemas IPO open and close dates?
A. The IPO will open for subscription on August 7, 2025, and close on August 11, 2025.
Q3. What is the price band of the Connplex Cinemas IPO?
A. The price band is set between ₹168 to ₹177 per equity share.
Q4. What is the lot size and minimum investment for retail investors?
A. The minimum lot size is 1,600 shares, requiring an application amount of ₹2,83,200.
Q5. When will the basis of allotment be finalized?
A. The allotment of shares is expected to be finalized on August 12, 2025.
Q6. What is the expected listing date of Connplex Cinemas IPO?
A. The shares are proposed to be listed on the NSE on August 14, 2025.
Q7. Who are the promoters of Connplex Cinemas Limited?
A. The promoters of the company are Mr. Anish Tulshibhai Patel and Mr. Rahul Kamleshbhai Dhyani.
Q8. What are the objects of the Connplex Cinemas IPO?
A. The IPO proceeds will be used for:
- Purchase of a corporate office
- Acquisition of LED screens and projectors
- Working capital requirements
- General corporate purposes
Q9. How has the company performed financially in recent years?
A. In FY2024, the company reported ₹60.83 crores in revenue and ₹4.09 crores in net profit, up from ₹25.61 crores and ₹1.65 crores respectively in FY2023.
