City Pulse Multiplex Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 628,000 (47%) | — | ₹188 Cr |
| Retail | — | 628,000 (47%) | — | ₹188 Cr |
| Market Maker | — | 72,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 1,328,000 (100%) | — | ₹3,984 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹120,000 |
| Retail (Max) | 13 | 52,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,040,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue | 309 | 66 | 21 |
| Profit After Tax | 59 | 26 | 10 |
| Total Assets | 616 | 325 | 276 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Setting up of new miniplex /Multiplex – 2.71
- 2 General Corporate Purpose2 General Corporate Purpose –
- 3 To Meet the Issue Expenses –
Company Overview
Incorporated in 2000, City Pulse Multiplex Limited is engaged in the area of setting-up, managing and operating a multiplexes/miniplex chain in India. There are 14 screens of the company with the 3340 seating capacity under the WOW Cine Pulse brand name across Gujarat.
The company has also debuted in the production work in Love is Blind (Gujarati movie) in 2006. The first cinema screen of the company was established in 2007 in Mehsana. Currently, the company has a presence across 14 locations in Gujarat. The cinemas of the company are surrounded by food courts, restaurants, malls, and car parking facilities which are attractive for patrons.
The company is also planning to launch an innovation entertainment project namely World on Wheel which is a cinema on wheels along with all the facilities like a miniplex / multiplex. The company has already purchased the containers and proposing to launch the new project in fiscal 2020.
The company primarily involved in three types of business, which are:
1. Film Production
2. Film Distribution
3. Film Exhibition
The competitive strengths of the company are:
1. In-depth research-based investment
2. Strategic location
3. Experienced promoters in the film industry
4. Reasonable and affordable price
5. Pleasant Ambience