City Pulse Multiplex Limited is engaged in the area of setting-up, managing and operating a multiplexes/mini plex chain in India. There are 14 screens of the company with a 3340 seating capacity under the WOW Cine Pulse brand name across Gujarat.
| Bidding Dates |
|---|
| 27 Jun 2019 - 03 Jul 2019 |
| Subscription |
|---|
| 3x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,20,000 | 1 | 1 | 4000 | 1.3 M | ₹30 | 59.98 % | ₹39.8 M | RHP DOC |
City Pulse Multiplex IPO SUBSCRIPTION STATUS
03 Jul '19City Pulse Multiplex IPO overall subscription rate was 3 times the total available shares
City Pulse Multiplex IPO retail subscription rate was 3.33 times in the retail segment
City Pulse Multiplex IPO non-institutional investor subscription rate was 2.67 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
01 Jul 2019 (Day 3) | 1.36x | 0.96x | - |
02 Jul 2019 (Day 4) | 1.59x | 1.17x | - |
03 Jul 2019 (Day 5) | 3.33x | 2.67x | - |
27 Jun 2019 (Day 1) | 0.38x | 0.78x | - |
28 Jun 2019 (Day 2) | 0.96x | 0.82x | - |
City Pulse Multiplex FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| FY19 | 5.9 | 30.9 | 4.7 | -10.4 |
| FY18 | 2.6 | 6.6 | -1.9 | -4.5 |
| FY17 | 1.0 | 2.1 | -0.9 | -8.0 |
City Pulse Multiplex IPO SUBSCRIPTION STATUS DETAILS
City Pulse Multiplex had 1.3 M shares on offer
City Pulse Multiplex IPO offer price was ₹30
City Pulse Multiplex IPO minimum Investment was ₹120000
City Pulse Multiplex IPO issue size was ₹ 39.8 M
City Pulse Multiplex had a minimum lot size of 4000 Shares per application
City Pulse Multiplex NUMBER OF SHARES ON OFFER
City Pulse Multiplex IPO IMPORTANT DATES
| Issue Open Date | 27 Jun 2019 |
| Issue close Date | 03 Jul 2019 |
| Allotment Date | 08 Jul 2019 |
| Refund Date | 09 Jul 2019 |
| Demat Account Credit Date | 09 Jul 2019 |
| Listing Date | 11 Jul 2019 |
| Listing on Exchange(s) | BSE |
| City Pulse Multiplex Allotment Status | Exchange |
City Pulse Multiplex IPO subscription opened on 27 Jun 2019, and closed on 03 Jul 2019
IPO allotment for City Pulse Multiplex was finalized on Monday, 08 Jul 2019
IPO listing for City Pulse Multiplex was on BSE on Thursday, 11 Jul 2019
City Pulse Multiplex IPO LISTING GAINS
| Issue Price (adjusted) | 30.0 |
| Listing Open Price | 28.5 |
| Listing Close Price | 29.6 |
| Listing Gain% | -5.0% |
| Current Gain% | 995.7% |
City Pulse Multiplex Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| City Pulse Multiventures Ltd. | 328.7 | 109.1 | 191.2 | 5.3 | 69.8 | 2 | 1.8 | 5 | 78.5 | 1.8 | 36.4 | 1.7 | 36.4 |
| Vedant Fashions Ltd. | 516.9 | 12559.5 | 32.5 | -13.1 | 8.6 | 19.1 | 13.2 | 1529 | 3.9 | 375.5 | -3.3 | 15.9 | -2.5 |
| Aditya Birla Lifestyle Brands Ltd. | 93.9 | 11455.8 | 65.1 | 0.3 | 1.3 | 12.1 | 2 | 8480.9 | 7.2 | 171 | 187 | 1.4 | 189.8 |
| Aditya Vision Ltd. | 618.4 | 7986.5 | 57.5 | 2 | 2.7 | 17 | 7.9 | 2681.5 | 18.3 | 116.9 | 10.8 | 10.8 | 29.2 |
| Ethos Ltd. | 2782.1 | 7444.3 | 71.7 | 5.8 | 4.3 | 6.4 | 4.3 | 1658.4 | 30 | 94.8 | -1.6 | 38.8 | 12.3 |
| Electronics Mart India Ltd. | 165.8 | 6380.3 | 30.9 | 0.3 | 0.8 | 6.6 | 2.8 | 7191.4 | 3.1 | 107.1 | -33.1 | 5.4 | 88.8 |
City Pulse Multiplex INFORMATION ON IPO ISSUE
About City Pulse Multiplex
City Pulse Multiplex Limited is engaged in the area of setting-up, managing and operating a multiplexes/mini plex chain in India. There are 14 screens of the company with a 3340 seating capacity under the WOW Cine Pulse brand name across Gujarat.
Object of the Issue
- Setting up of new miniplex /Multiplex;
- General corporate purpose and
- To Meet the Issue Expenses
City Pulse Multiplex - PROMOTERS
| Name |
|---|
| Arpit Kumar Mehta |
| Rajal Arpit Kumar Mehta |
City Pulse Multiplex Lead Manager to the issue
CapitalSquare Advisors Pvt. Ltd.
mbd@capitalsquare.in
City Pulse Multiplex Registrar to the Offer
Link Intime India Private Limited
cpml.ipo@linkintine.co.in
City Pulse Multiplex Strengths
Strategic selection of location
The company believes that it possesses the ability to identify locations with potential for growth for its business particularly in rural areas in the state of Gujarat.
Researchbacked investment
The company carries out in-depth research comprising of population segments, income patterns, spending habits, preferences and alternatives of consumers, as well as a regulatory framework before selecting the cities where we wish to set up a miniplex /multiplex.
Reasonable Price
City Pulse Multiplex always tries to reduce the gap between people and bring them under the same roof and try to make entertainment reach each individual at a reasonable and affordable price
City Pulse Multiplex Risks
Received 7 investor Complaints
The company has received 7 investor Complaints and in case there are any decisions/actions taken or notices issued by any Authority including SEBI, it may affect the company's reputation and standing and may also have a material adverse effect on business operation
Outstanding litigations
There are outstanding litigations against the Company
IPO FAQs
City Pulse Multiplex Ltd. IPO listing opened at Rs 28.50 while the issue price was Rs 30.00 giving -5.00% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 30.00 giving 995.67% gains since its IPO listing.
The promoters of the company are Arpit Kumar Mehta and Rajal Arpit Kumar Mehta.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 30.0 - 30.0.
The IPO application opens on Jun 27, 2019 and closes on Jul 03, 2019.
The minimum lot size for the IPO is 4000. The maximum lot size for the IPO is 4000.
For all category investors, the minimum application amount for this IPO is Rs. 120,000.0, the maximum value for this IPO is Rs 120,000.0.
This IPO will be allotted on Jul 08, 2019.
The refund will be credited to your account on Jul 09, 2019.
The allotted shares will be credited to your demat on Jul 09, 2019.
City Pulse Multiplex Ltd.’s shares listed on the stock exchanges on Jul 11, 2019.