
Media & Entertainment · NSE
Connplex Cinemas Limited, established in 2015, is an Indian entertainment company that operates "Smart Cinemas" across the country, offering a premium movie experience with modern technology, comfortable seating, and features tailored to Indian audiences. The company builds and franchises theaters under the “CONNPLEX” brand, generating revenue from movie screenings, food and beverage sales, and advertising. It provides on-screen and off-screen advertising options, helping brands engage directly with viewers through trailers, digital displays, and brand promotions. By November 2024, Connplex had expanded to seven states and plans to add over 200 new screens, aiming to reach about 15 states. It operates through three formats—Express, Signature, and Luxuriance—designed to meet different customer preferences with a blend of innovation and immersive cinema experiences.
Price Band
₹168 – ₹177
Issue Size
₹90.27 Cr
Lot Size
800 shares
GMP
+6.8%
Est. Listing
₹189
at current GMP
Subscribed
35.76x
overall
Open
7 Aug 2025
Close
11 Aug 2025
Allotment
12 Aug 2025
Refund
13 Aug 2025
Demat Credit
14 Aug 2025
Listing
14 Aug 2025
Overall Subscription
35.76x
Total Demand
QIB Multiplier
44.21x
Institutions & Funds
NII / HNI
50.10x
High Net-Worth
Retail (RII)
24.78x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 968,800 | 42,832,000 | 44.21x |
| NIB | 727,200 | 36,434,400 | 50.10x |
| HNIs(10L +) | 484,800 | 28,850,400 | 59.51x |
| HNIs (2-10L) | 242,400 | 7,584,000 | 31.29x |
| RETAIL | 1,696,000 | 42,019,200 | 24.78x |
| Total | 4,119,200 | 157,720,000 | 35.76x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 38 | 0.00x |
| NIB | — | 7,368 | 0.00x |
| RETAIL | 1,060 | 26,262 | 24.78x |
| HNIs(10L +) | 202 | 4,398 | 21.77x |
| HNIs (2-10L) | 101 | 2,970 | 29.41x |
| Total Applications | 1,363 | 41,036 | 30.11x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Connplex Cinemas Limited is bringing an initial public offering (IPO) in the Media & Entertainment sector with an aggregate issue size of ₹90.27 Crores. The shares are offered at a price band of ₹168 to ₹177 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-08-11, the basis of allotment is scheduled to be finalized on 2025-08-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Connplex Cinemas Limited IPO is ₹12 per equity share. Based on the upper price band of ₹168 to ₹177 per equity share, the estimated listing price is ₹189 (+6.8% expected listing gain).
With a lot size of 800 shares and current GMP of ₹12, the expected profit per application lot is approx ₹9,600 (+6.8% gain). Minimum application cost is approx ₹1,41,600.
The Connplex Cinemas Limited IPO aggregate issue size is ₹90.27 Crores with an equity price band set at ₹168 to ₹177 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,41,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 35.76x (Retail: 24.78x, QIB: 44.21x, NII: 50.10x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-08-12. Investors can verify status using PAN card or application number.
Connplex Cinemas Limited shares are scheduled to list on NSE on 2025-08-14.