Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Thu, Jun 27, 2019 - Wed, Jul 3, 2019
City Pulse Multiplex IPO is a fixed issue price of ₹3.98 crores. The issue is entirely a fresh issue of 0.13 crore shares of ₹3.98 crore.
City Pulse Multiplex IPO bidding started from Jun 27, 2019 and ended on Jul 3, 2019. The allotment for City Pulse Multiplex IPO was finalized on Jul 8, 2019. The shares got listed on the BSE SME on Jul 11, 2019.
City Pulse Multiplex IPO is set final issue price at ₹30 per share. The lot size for an application is 4,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,40,000.
Capital Square Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Vijeta Broking India Pvt.Ltd..
Refer to City Pulse Multiplex IPO RHP for detailed Information.
IPO Open
Thu, Jun 27, 2019
IPO Close
Wed, Jul 3, 2019
Issue Price
₹30 per share
Market Cap (Pre-IPO)
₹99.54 Cr
| IPO Date | 27 Jun to 3 Jul, 2019 |
| Listed on | Thu, Jul 11, 2019 |
| Face Value | ₹10 per share |
| Issue Price | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 13,28,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 72,000 shares Vijeta Broking India Pvt.Ltd. (agg. up to ₹0.2160 Cr) |
| Fresh Issue (Ex Market Maker) | 12,56,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 12,56,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 1,99,90,000 shares |
| Share Holding Post Issue | 3,31,80,000 shares |
| BSE Script Code / | 542727 / |
| ISIN | INE056001014 |
City Pulse Multiplex IPO comprises a total issue size of 13,28,000 shares. The net offer to the public is 12,56,000 shares, after excluding 72,000 shares allotted on a firm basis. Of the Net offer 6,28,000 (50.00%) allocated to NII 6,28,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 6,28,000 | 50.00% | 47.29% |
| Retail Shares Offered | 6,28,000 | 50.00% | 47.29% |
| Firm Reservations | |||
| Market Maker Shares Offered | 72,000 | 5.42% | |
| Total Shares Offered | 13,28,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
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
| Period Ended | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|
| Assets | 6.16 | 3.25 | 2.76 |
| Total Income | 3.09 | 0.74 | 0.24 |
| Profit After Tax | 0.59 | 0.26 | 0.10 |
| EBITDA | 0.75 | 0.28 | 0.08 |
| NET Worth | 2.38 | -0.54 | -0.80 |
| Reserves and Surplus | 1.33 | -0.79 | -1.05 |
| Total Borrowing | 2.62 | 3.51 | 3.12 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ganesh Films India Ltd. | SME | ₹8.42 Cr | ₹80 | null | ₹82.00 | +2.50% | ₹11.28 (+4.93%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of new miniplex /Multiplex | 2.71 |
| 2 | General Corporate Purposes | 0.75 |
| 3 | Issue Expenses | 0.52 |
| Total | 3.98 |
The City Pulse Multiplex IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| Total | 2.34 | 12,56,000 | 29,36,000 | 530 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to Lead Manager, RTA, Legal Counsel, Market Maker, Advisor , Peer Review Auditor, Brokerage & Selling Commission | 0.42 |
| 2 | Fees Payable to Advertising and Marketing Expenses | 0.03 |
| 3 | Fees Payable to Regulators including Stock Exchange, NSDL/CDSL, Processing fees to Issuer Banks for UPI mechanism | 0.04 |
| 4 | Printing, Stationery Expenses and other Miscellaneous Expenses | 0.04 |
| Total | 0.52 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹28.50 |
| Low | ₹28.00 |
| High | ₹29.90 |
| Last Trade | ₹29.65 |
Lead Manager Reports
City Pulse Multiplex IPO is a SME IPO of 13,28,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on Thu, Jun 27, 2019, and closes on Wed, Jul 3, 2019.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in City Pulse Multiplex IPO using UPI as a payment gateway. Zerodha customers can apply in City Pulse Multiplex IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in City Pulse Multiplex IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The City Pulse Multiplex IPO opens on Thu, Jun 27, 2019 and closes on Wed, Jul 3, 2019.
City Pulse Multiplex IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in City Pulse Multiplex IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for City Pulse Multiplex IPO will be done on Monday, July 8, 2019, and the allotted shares will be credited to your demat account by Tue, Jul 9, 2019. Check the City Pulse Multiplex IPO allotment status.
The City Pulse Multiplex IPO listing date is on Thu, Jul 11, 2019.
