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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
| 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 | |
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 Date | Jun 27, 2019 to Jul 3, 2019 |
| City Pulse IPO Face Value | ₹10 per share |
| City Pulse IPO Price | ₹30 per share |
| City Pulse IPO Lot Size | 4000 Shares |
| Issue Size | 1,328,000 shares of ₹10 (aggregating up to ₹3.98 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr Arpit Kumar Mehta and Mrs Rajal Arpit Kumar Mehta are the promoters of the company. |
City Pulse IPO opens on Jun 27, 2019, and closes on Jul 3, 2019. The City Pulse IPO bid date is from Jun 27, 2019 10.00 A.M. to Jul 3, 2019 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Date |
|---|---|
| City Pulse IPO Opening Date | Jun 27, 2019 |
| City Pulse IPO Closing Date | Jul 3, 2019 |
| Basis of Allotment | Jul 8, 2019 |
| Initiation of Refunds | Jul 9, 2019 |
| Credit of Shares to Demat | Jul 9, 2019 |
| City Pulse IPO Listing Date | Jul 11, 2019 |
The City Pulse IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹120,000 |
| Retail (Max) | 1 | 4000 | ₹120,000 |
| Pre Issue Share Holding | 65.73% |
| Post Issue Share Holding | 39.43% |
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...The City Pulse IPO is subscribed 3.00 times on Jul 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)
| Category | Subscription (times) |
|---|---|
| NII | 2.67 |
| Retail | 3.33 |
| Total | 3.00 |
| Listing Date | Thursday, July 11, 2019 |
| BSE Script Code | 542727 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE056001014 |
| IPO Price | ₹30 per share |
| Face Value | ₹10 per share |
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City Pulse Multiplex Limited
401, 4th Floor, Sachet 1,
Swastik Cross Road, Navrangpura,
Ahmedabad-380009, Gujarat, India
Phone: 079 40070706 / 708
Email: cs@wowcinepulse.com
Website: http://www.wowcinepulse.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: cpml.ipo@linkintimne.co.in
Website: https://linkintime.co.in/
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 Jun 27, 2019, and closes on Jul 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 Jun 27, 2019 and closes on Jul 3, 2019.
City Pulse IPO lot size is 4000 Shares and the minimum order quantity is .
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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for City Pulse IPO will be done on Jul 8, 2019, and the allotted shares will be credited to your demat account by Jul 9, 2019. Check the City Pulse IPO allotment status.
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