City Pulse Multiplex Limited IPO (City Pulse IPO) Detail

Jun 27, 2019 - Jul 3, 2019

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

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 Details

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 Size1,328,000 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 Timeline (Tentative Timetable)

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

City Pulse IPO Lot Size

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

City Pulse IPO Promoter Holding

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

City Pulse IPO Review

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 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)

CategorySubscription (times)

City Pulse IPO Prospectus

City Pulse IPO Rating

Rating:Rated 3.8 stars
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City Pulse IPO Listing Date

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

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

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 Review

City Pulse IPO Recommendation Summary

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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 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.

The City Pulse IPO listing date is on Thursday, 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 |Jul 13, 2019 2:25:20 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Any one Hold Yet Anand Rayan Ltd,Deccan Healthcare
52. Small Investor |   Link |Jul 11, 2019 10:36:22 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Any one hold yet Suich Ind
52.4. vatsanmb |   Link |Jul 12, 2019 10:11:06 AM
Yes, i hold one lot, but yesterday i booked loss when it came to some greener side. :(
52.5. GrowYourMoney |   Link |Jul 12, 2019 4:15:18 PM
Top Contributor Top Contributor (300+ Posts, 300+ 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 |Jul 10, 2019 1:21:06 PM
This message has been removed by a moderator.
51.1. RADHAN |   Link |Jul 11, 2019 1:09:25 PM
50. Small Investor |   Link |Jul 11, 2019 11:06:05 AM
IPO Guru IPO Guru (1600+ 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 |Jul 11, 2019 10:34:07 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
SBC Exports ne 24000+ profit diya h abhi tk but Earum,Anand,City + are flop show yet
48. KING VINOD |   Link |Jul 11, 2019 9:55:47 AM
IPO Guru IPO Guru (1700+ Posts, 3400+ 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 |Jul 11, 2019 10:26:17 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
there are no any big HNI investors who apply in this ipo
47. Medge |   Link |Jul 11, 2019 10:02:26 AM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
Good that LM came forward, trading now
46. KING VINOD |   Link |Jul 11, 2019 9:49:27 AM
IPO Guru IPO Guru (1700+ Posts, 3400+ Likes)
Opening at 28.50.
Down Rs:1.50 compare to Issue price.
45. MEdge |   Link |Jul 11, 2019 9:46:44 AM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
discount listing like they offer discount on movie tickets.
44. RADHAN |   Link |Jul 10, 2019 1:42:14 PM
43. mailmerge |   Link |Jul 10, 2019 9:57:42 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 |Jul 10, 2019 1:19:38 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 |Jul 9, 2019 6:54:51 PM
This message has been removed by a moderator.
42.1. RADHAN |   Link |Jul 9, 2019 8:10:10 PM
With in 10 days 20 percent +
42.2. traderji |   Link |Jul 10, 2019 10:22:35 AM
@Radhan Aap hi lelena sara stock.... 20% profit bhi
41. kinchit mehta |   Link |Jul 8, 2019 4:59:37 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 |Jul 9, 2019 12:43:57 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
wese ye company aapki hi h
Mehta Sirname jo h aapka
41.2. ammubutter |   Link |Jul 9, 2019 5:31:08 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 |Jul 9, 2019 3:56:20 PM
Allotment out
39. RADHAN |   Link |Jul 9, 2019 1:23:02 PM
Just debited Rs.120000 in AndhraBank
38. Ram kishan somani |   Link |Jul 9, 2019 11:30:23 AM
Just debited rs 120000 in bank of baroda
37. KING VINOD |   Link |Jul 3, 2019 12:03:51 PM
IPO Guru IPO Guru (1700+ Posts, 3400+ Likes)
Dear RajaKumar
you applied in Retail or in HNI
37.2. Tejkumar |   Link |Jul 3, 2019 5:44:11 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 |Jul 4, 2019 11:57:24 AM
IPO Guru IPO Guru (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 |Jul 3, 2019 5:01:25 PM
IPO Guru IPO Guru (1700+ Posts, 3400+ Likes)
Subscription @4:30pm
HNI - 2.63X
Retail - 3.20
TOTAL - 2.91X
35. KING VINOD |   Link |Jul 3, 2019 5:01:21 PM
IPO Guru IPO Guru (1700+ Posts, 3400+ Likes)
Subscription @4:30pm
HNI - 2.63X
Retail - 3.20
TOTAL - 2.91X
34. KING VINOD |   Link |Jul 3, 2019 5:01:02 PM
IPO Guru IPO Guru (1700+ Posts, 3400+ Likes)
Subscription @4:30pm
HNI - 2.63X
Retail - 3.20
TOTAL - 2.91X