IPO Corner: Connplex Cinemas Limited

Connplex Cinemas Limited is an entertainment company revolutionizing the cinema industry with a focus on luxury proposes to open its Initial Public Offering on August 07, 2025, aiming to raise ₹ 90.27 Crore by fresh issue of 51,00,000 equity shares, to be listed on the NSE Emerge platform.

• Issue Opens: August 07, 2025
• Issue Closes: August 11, 2025
• Face Value: Rs 10
• Price Band: Rs 168 – 177
• Listing On: NSE Emerge Platform

The issue size is 51,00,000 equity shares at a face value of ₹ 10 each with a price band of ₹168 – ₹ 177 Per Share.

The net proceeds from the IPO will be utilized for capital expenditure requirement for purchase of corporate office, purchase of LED Screens and Projectors, Working Capital Requirement and general corporate expenses. The anchor portion will open on August 06, 2025 and issue will close on August 11, 2025.

The Book Running Lead Manager to the Issue is Beeline Capital Advisors Private Limited, The Registrar to the Issue is MUFG Intime India Private Limited

Connplex Cinemas Limited is an entertainment company revolutionizing the cinema industry with a focus on luxury, innovation, and accessibility. Operating under the brand name “CONNPLEX” and other registered brands, the company specializes in developing cinema set-up, entering franchise agreements, film exhibition and distribution, and generating revenue from screening of movies, sales of food and beverages, and advertisements. By strategically expanding into underserved markets in Tier 2, 3, and 4 cities, as well as metro locations including Tier 1 across India, Connplex Cinemas blends convenience, affordability, and premium experiences to bring high-quality entertainment to audiences across India.

Connplex Cinemas constructs and designs cinemas featuring luxurious recliner seating, advanced sound systems, and high-definition projection technology to provide an elevated movie-going experience. Through collaborations with filmmakers and studios, it distributes films across its cinemas and digital platforms moreover they also provide the event spaces for private screening, corporate events and community gatherings to engage audiences which maximizes revenue streams along with audience reach.

Connplex Cinemas distinguishes itself with customer-centric designs and a commitment to innovation, offering boutique-style cinemas with high-grade seatings, advanced technologies and sound systems that foster community connections while providing intimate and upscale environments. The company’s strategic locations and advanced technologies give it a competitive edge in attracting and retaining a diverse audience that includes families, young adults, and cinema enthusiasts. Company’s programming, which includes mainstream blockbusters, art films, group bookings and themed events, ensures broad appeal while catering to varied audience preferences.

For the period ended 31st March 2025, The company reported Revenue of ₹ 9,560.96 Lakhs and EBITDA of ₹ 2,627.56 Lakhs & PAT ₹ 1,900.99 Lakhs.