Connplex Cinemas: Pioneering Luxury Cinema with Upcoming Public Offering

Connplex Cinemas Limited, headquartered in Mumbai, is set to revolutionize the movie experience as it readies for its Initial Public Offering (IPO) on August 07, 2025. With a goal to raise ₹90.27 Crore by issuing 51,00,000 equity shares, the company will list on the NSE Emerge platform, focusing on delivering luxury in cinema.

The shares are priced between ₹168 to ₹177 each, with allocations as follows: up to 14,52,000 shares for QIBs, 9,68,800 for Qualified Institutional Buyers, not less than 7,27,200 for Non-Institutional Investors, and 16,96,000 for individual investors. Market Makers are allocated up to 2,56,000 shares. Proceeds are intended for capital expenditures such as purchasing LED screens and projectors, the corporate office, and other corporate expenses.

The issue, led by Beeline Capital Advisors and registered by MUFG Intime India, closes on August 11, 2025. Connplex's Managing Directors Anish Tulshibhai Patel and Rahul Kamleshbhai Dhyani highlight the IPO's critical role in expanding their reach through modernized technology and infrastructure, ensuring a superior cinematic experience across India.

(With inputs from agencies.)