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City Pulse Multiplex Limited IPO (City Pulse IPO) Detail

June 27, 2019 - July 3, 2019

City Pulse IPO is a fixed price issue of Rs 3.98 crores.

City Pulse IPO bidding started from June 27, 2019 and ended on July 3, 2019. The allotment for City Pulse IPO was finalized on Monday, July 8, 2019. The shares got listed on BSE SME on July 11, 2019.

City Pulse IPO price is ₹30 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Capitalsquare Advisors Private Limited is the book running lead manager of the City Pulse IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to City Pulse IPO RHP for detailed information.

City Pulse IPO Details

IPO Date June 27, 2019 to July 3, 2019
Listing Date July 11, 2019
Face Value ₹10 per share
Price ₹30 per share
Lot Size 4000 Shares
Total Issue Size1,328,000 shares
(aggregating up to ₹3.98 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion72,000 shares

City Pulse IPO Reservation

City Pulse IPO offers 1,328,000 shares. 628,000 (47.29%) to NII, 628,000 (47.29%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered72,000 (5.42%)
Other Shares Offered628,000 (47.29%)
Retail Shares Offered628,000 (47.29%)
Total Shares Offered1,328,000 (100%)

City Pulse IPO Timeline (Tentative Schedule)

City Pulse IPO opens on June 27, 2019, and closes on July 3, 2019.

IPO Open Date Thursday, June 27, 2019
IPO Close Date Wednesday, July 3, 2019
Basis of Allotment Monday, July 8, 2019
Initiation of Refunds Tuesday, July 9, 2019
Credit of Shares to Demat Tuesday, July 9, 2019
Listing Date Thursday, July 11, 2019
Cut-off time for UPI mandate confirmation 5 PM on July 3, 2019

City Pulse IPO Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 4000 ₹120,000
Retail (Max) 1 4000 ₹120,000
Lot Size Calculator

City Pulse IPO Promoter Holding

Mr Arpit Kumar Mehta and Mrs Rajal Arpit Kumar Mehta are the promoters of the company.

Share Holding Pre Issue 65.73%
Share Holding Post Issue 39.43%

About City Pulse Multiplex Limited

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

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 615.58 324.57 276.33
Total Revenue 308.96 65.80 20.89
Profit After Tax 59.10 26.28 9.96

Objects of the Issue (City Pulse IPO Objectives)

The company proposes to utilize the issue proceeds towards the following objects:

I. Setting up of new miniplex /Multiplex;
II. General corporate purpose and
III. To Meet the Issue Expenses

City Pulse IPO Review (May apply)

[Dilip Davda]  

CPML is a regional player in a highly competitive market with nationwide players like Inox, PVR, Cinepolis etc. Based on the scale of working, the issue is fully priced. Cash surplus risk savvy investors may consider investment at their own risk.

Read detail review...

City Pulse IPO Subscription Status (Bidding Detail)

The City Pulse IPO is subscribed 3.00 times on July 3, 2019 6:49:03 PM. The public issue subscribed 3.33 times in the retail category, times in the QIB category, and 2.67 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

City Pulse IPO Prospectus

City Pulse IPO Rating

Rating:Rated 3.8 stars
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City Pulse IPO Listing Details

Listing Date July 11, 2019
BSE Script Code 542727
NSE Symbol
ISIN INE056001014
Final Issue Price ₹30 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

City Pulse Multiplex Limited Contact Details

City Pulse Multiplex Limited
401, 4th Floor, Sachet 1,
Swastik Cross Road, Navrangpura,
Ahmedabad-380009, Gujarat, India
Phone: 079 40070706 / 708

City Pulse IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

City Pulse IPO - Buy or Not

City Pulse IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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City Pulse IPO FAQs

City Pulse IPO is a SME IPO of 1,328,000 equity shares of the face value of ₹10 aggregating up to ₹3.98 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000 Shares.

The IPO opens on June 27, 2019, and closes on July 3, 2019.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The City Pulse IPO opens on June 27, 2019 and closes on July 3, 2019.

City Pulse IPO lot size is 4000 Shares, and the minimum amount required is ₹120,000.

You can apply in City Pulse IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for City Pulse IPO will be done on Monday, July 8, 2019, and the allotted shares will be credited to your demat account by Tuesday, July 9, 2019. Check the City Pulse IPO allotment status.

The City Pulse IPO listing date is on July 11, 2019.
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City Pulse IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



53. Small Investor |   Link |  Bookmark |July 13, 2019 3:25:20 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
Any one Hold Yet Anand Rayan Ltd,Deccan Healthcare
52. Small Investor |   Link |  Bookmark |July 11, 2019 11:36:22 AM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
Any one hold yet Suich Ind
52.4. vatsanmb |   Link |  Bookmark |July 12, 2019 11:11:06 AM
Yes, i hold one lot, but yesterday i booked loss when it came to some greener side. :(
52.5. GrowYourMoney |   Link |  Bookmark |July 12, 2019 5:15:18 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
ab bhi.......
In my view we should look at Cos on basis of Business not on the basis of LM, Trader, Investors
History also suggest the same
51. DEKHODEKHO |   Link |  Bookmark |July 10, 2019 2:21:06 PM
This message has been removed by a moderator.
51.1. RADHAN |   Link |  Bookmark |July 11, 2019 2:09:25 PM
50. Small Investor |   Link |  Bookmark |July 11, 2019 12:06:05 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
bhai jisko moka mlr rha h exit hone ka wo abhi bhi exit ho jawo varna yad rkhna rs 20 pr pachtawoge
remembere Mind pool,Jinaam,Northin sprit
49. Small Investor |   Link |  Bookmark |July 11, 2019 11:34:07 AM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
SBC Exports ne 24000+ profit diya h abhi tk but Earum,Anand,City + are flop show yet
48. KING VINOD |   Link |  Bookmark |July 11, 2019 10:55:47 AM
IPO Guru IPO Guru (2400+ Posts, 5000+ Likes)
City Pulse Multiplex Limited IPO Indicative Equilibrium Price settled at 28.50 on BSE. Compare to issue price at Rs:30 opening discount Rs:1.50.
48.1. Small Investor |   Link |  Bookmark |July 11, 2019 11:26:17 AM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
there are no any big HNI investors who apply in this ipo
47. Medge |   Link |  Bookmark |July 11, 2019 11:02:26 AM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
Good that LM came forward, trading now
46. KING VINOD |   Link |  Bookmark |July 11, 2019 10:49:27 AM
IPO Guru IPO Guru (2400+ Posts, 5000+ Likes)
Opening at 28.50.
Down Rs:1.50 compare to Issue price.
45. MEdge |   Link |  Bookmark |July 11, 2019 10:46:44 AM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
discount listing like they offer discount on movie tickets.
44. RADHAN |   Link |  Bookmark |July 10, 2019 2:42:14 PM
43. mailmerge |   Link |  Bookmark |July 10, 2019 10:57:42 AM
I am new in sme. Please suggest me when and how i will sell city pluse stock?
My demat account is in zerodha, also yet this is not yet display in my zerodha account list.

Please suggest
43.1. Ordinary Visioner |   Link |  Bookmark |July 10, 2019 2:19:38 PM
shares will show tomorroow in your zerodha account at 9 AM. and you can sell it when ipo will list in market at 10 AM.
you can choose any time to sell your stock after 10 AM at whatever price you are comfortable.
Hope for listinng gain and sell your stock if you get any profits in morning itself.
42. DEKHODEKHO |   Link |  Bookmark |July 9, 2019 7:54:51 PM
This message has been removed by a moderator.
42.1. RADHAN |   Link |  Bookmark |July 9, 2019 9:10:10 PM
With in 10 days 20 percent +
42.2. traderji |   Link |  Bookmark |July 10, 2019 11:22:35 AM
@Radhan Aap hi lelena sara stock.... 20% profit bhi
41. kinchit mehta |   Link |  Bookmark |July 8, 2019 5:59:37 PM
I have applied 7 lots in retail and expecting 2 to 3 application allotment and will plan to keep it for long term as expecting listing gain and this company will do well in future.

Happy Investing.
41.1. Small Investor |   Link |  Bookmark |July 9, 2019 1:43:57 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
wese ye company aapki hi h
Mehta Sirname jo h aapka
41.2. ammubutter |   Link |  Bookmark |July 9, 2019 6:31:08 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Yes....u can keep this company......Ur the owner of it.... u must never sell
40. Dr Wolf |   Link |  Bookmark |July 9, 2019 4:56:20 PM
Allotment out
39. RADHAN |   Link |  Bookmark |July 9, 2019 2:23:02 PM
Just debited Rs.120000 in AndhraBank
38. Ram kishan somani |   Link |  Bookmark |July 9, 2019 12:30:23 PM
Just debited rs 120000 in bank of baroda
37. KING VINOD |   Link |  Bookmark |July 3, 2019 1:03:51 PM
IPO Guru IPO Guru (2400+ Posts, 5000+ Likes)
Dear RajaKumar
you applied in Retail or in HNI
37.2. Tejkumar |   Link |  Bookmark |July 3, 2019 6:44:11 PM
I have applied 2 lots of India Mart but no shares are allotted (This is not the first time). Kindly help me to know how to apply and how you guys are getting shares even though it is over subscribed.
37.3. RAJAKUMAR |   Link |  Bookmark |July 4, 2019 12:57:24 PM (1400+ Posts, 1200+ Likes)
Dear Tej
It is purely luck. I applied 15 forms and got one lot.
Buy HDFC BANK one share and hold till HDB IPO comes.
You may get pref. quota in HDB.
36. KING VINOD |   Link |  Bookmark |July 3, 2019 6:01:25 PM
IPO Guru IPO Guru (2400+ Posts, 5000+ Likes)
Subscription @4:30pm
HNI - 2.63X
Retail - 3.20
TOTAL - 2.91X
35. KING VINOD |   Link |  Bookmark |July 3, 2019 6:01:21 PM
IPO Guru IPO Guru (2400+ Posts, 5000+ Likes)
Subscription @4:30pm
HNI - 2.63X
Retail - 3.20
TOTAL - 2.91X
34. KING VINOD |   Link |  Bookmark |July 3, 2019 6:01:02 PM
IPO Guru IPO Guru (2400+ Posts, 5000+ Likes)
Subscription @4:30pm
HNI - 2.63X
Retail - 3.20
TOTAL - 2.91X