Connplex Cinemas Ltd IPO
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Connplex Cinemas Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 51 L | TBA | ₹ 16.96 L | ₹ 133.5 L | NSE | ₹ 90.27 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 07 Aug, 25 | 11 Aug, 25 | 800 | ₹ 1,34,400 | Book Building - SME | 14 Aug, 25 |
Connplex Cinemas Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Entertainment |
| Sub Sector | Electronic Media Software |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 17.69x | 2420800 | 42832000 |
| NII | 50.1x | 727200 | 36434400 |
| Retail | 24.78x | 1696000 | 42019200 |
| Employee | 0x | 0 | 0 |
| Total | 23.78x | 5100000 | 121285600 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Connplex Cinemas Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 27.34 | 6.67 | 2.83 |
| EBITDA | 28.90 | 7.83 | 3.47 |
| PAT | 19.01 | 4.09 | 1.65 |
| Total Assets | 31.83 | 14.57 | 10.24 |
| Share Capital | 14.00 | 0.50 | 0.50 |
| Total Borrowings | 10.13 | 3.30 | 3.44 |
| Operating Activities (Net Cash) | 20.57 | 5.25 | 2.29 |
| Investing Activities (Net Cash) | 6.46 | 2.26 | 2.07 |
| Financing Activities (Net Cash) | 10.13 | 3.30 | 3.44 |
| Net Cashflow | 1.91 | 3.38 | 3.85 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Connplex Cinemas Ltd
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.
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.
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.
Peer Comparison:
- Connplex cinemas Limited
- PVR Inox Limited
Connplex Cinemas Ltd IPO Key Points
Strengths
- 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.
Risk
- 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.
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.
- 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.
How To Apply for Connplex Cinemas Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
