Connplex Cinemas Ltd - IPO

Connplex Cinemas Ltd IPO Details

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.

Objective of issue

Funding capital expenditure requirement for purchase of corporate office. Funding capital expenditure requirement of purchase of LED screens and projectors. Funding working capital requirement. Funding general corporate purposes.

Connplex Cinemas Ltd Contact Details

Connplex Cinemas Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - info@theconnplex.com

Website - www.theconnplex.com