Connplex Cinemas Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Connplex Cinemas Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹177
Per ShareLot Size
800 Shares
Minimum Investment
₹1,41,600
Issue Size
₹90.27 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Connplex Cinemas Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
95.36%
Promoter Holding (Post-Issue)
69.9%
Issue Type
Book Building - SME
ISIN
INE0EAS01014
About the Company
Connplex Cinemas Limited is an entertainment company. The company is engaged in the business of development of theatres, entering into the franchise agreements specializing for exhibition and distribution of films, sharing revenue of screening of movies, sale of food & beverages and Sharing of Revenue from sale of Food & Beverages & advertisements at Various Franchised Cinema, and other related business under the Brand name "CONNPLEX" and other Brands registered under the name of Company. We operate a network of Cinema offering a diverse range of cinematic experiences that cater to various audience preferences. Our business is built on three main pillars: A) Making / Developing of Cinema Theatres, B) film exhibition & film distribution (Including Event Hosting), and C) Revenue Sharing / Sale of Food and Beverages and Other Revenue incl. advertisement Sharing. Additionally, we collaborate with filmmakers and studios to distribute films across our theatres and digital platforms, focusing on strategic marketing to maximize audience reach. Beyond regular screenings, we also provide event spaces for private screenings, corporate events, and community gatherings, creating additional revenue streams and engaging our local communities.
Industry Overview
The Indian Media and Entertainment (M&E) industry is a sunrise sector for the economy and is making significant strides. The increasing availability of fast and cheap internet, rising incomes, and increasing purchases of consumer durables have significantly aided the industry. India's media and entertainment industry are unique as compared to other markets. The industry is well known for its extremely high volumes and rising Average Revenue Per User (ARPU).Proving its resilience to the world, Indian M&E industry is on the cusp of a strong phase of growth, backed by rising consumer demand and improving advertising revenue. According to a FICCI-EY report, the advertising to GDP ratio is expected to reach 0.4% by 2025 from 0.38% in 2019.
Company History
Our Company was originally formed as "Fohatron Power Limited" vide registration no. 284745 under the provisions of Companies Act 2013 pursuant to Certificate of Incorporation dated September 1, 2015 issued by Registrar of Companies, Delhi. Further, the name of our Company was changed to VCS Industries Limited pursuant to fresh certificate of incorporation issued by Registrar of Companies, Delhi on February 16, 2018. The Registered office of our Company was shifted from Delhi to Gujarat w.e.f., November 18, 2019. Further, the name of our Company was changed to Connplex Cinemas Limited pursuant to fresh certificate of incorporation issued by Registrar of Companies, Central Processing Centre on August 14, 2024.
Products & Services
- Connplex Cinemas Limited is an entertainment company. The company is engaged in the business of development of theatres, entering into the franchise agreements specializing for exhibition and distribution of films.
Growth Strategy
- Expand Our Screen Network and Offer a Wide Range of Content.
- Focus on Premium and Experience Offerings.
- Focus on Improving Revenue from Ancillary Revenue Streams.
- Continue to Maximize Revenue from Our Existing Cinemas.
- Rationalize Near-Term Costs, Enhance Liquidity, and Optimize Cash Flows.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public issue of upto 51,00,000 equity shares of face value of Rs. 10/- each of Connplex Cinemas Limited ("CCL" or "Our Company") for cash at a price of Rs. 177 per equity share (Including a Share Premium of Rs. 167 per Equity Share) ("Issue Price") aggregating to Rs. 90.27 crores, of which 2,56,000 equity shares of face value of Rs. 10/- each at a price of Rs. 177 aggregating to Rs. 4.53 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion") and net issue to public of 48,44,000 equity shares of face value of Rs. 10/- each at a price of Rs. 177 aggregating to Rs. 85.74 crores (Hereinafter Referred to as the "Net Isue") the issue and the net issue will constitute 26.70 and 25.36 respectively of the post issue paid up equity share capital of the company.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Experience and new Technology.
- Strong Franchisee Support System & Quick Franchise Setup Process.
- Strong Diversified Revenue Stream.
- Strategic Location in Emerging Markets.
- Variety of Cinema Formats.
- There is a risk that patrons may intentionally or unintentionally cause damage to cinema screens, which may lead to financial losses and operational disruptions.
- Inadequate audience turnout could result in a decline in revenue, adversely affecting overall profitability and disrupting business operations.
- There is a risk of equipment breakdowns and rising costs of premium technology installations, which could result in operational disruptions, increased capital expenditure, and reduced profit margins, ultimately impacting customer satisfaction and profitability.
- Poor management of franchise operations may result in operational inefficiencies and brand dilution which could ultimately lead to financial losses.
- If the company fails to keep up with technological advancements, it could result in operational inefficiencies and a loss of competitive edge in the market, which may lead to decreased profitability.