IPO Issue Details
Issue Price / Price Band₹30 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size13,28,000 shares (aggregating up to ₹3.98 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 27 Jun 2019
Subscription CloseWed, 03 Jul 2019
Anchor AllotmentWed, 26 Jun 2019
Basis of AllotmentMon, 08 Jul 2019
Initiation of RefundsTue, 09 Jul 2019
Credit of Shares to DematTue, 09 Jul 2019
Listing DateThu, 11 Jul 2019
UPI Mandate Deadline2019-07-03
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 4,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 8,000 shares
Net Offer to Public12,56,000 shares (aggregating up to ₹3.77 Cr)
Reserved for Market Maker72,000 shares (aggregating up to ₹0.2160 Cr)
Pre-IPO Promoter Holding1,99,90,000 shares
Post-IPO Promoter Holding3,31,80,000 shares
About City Pulse Multiplex Ltd.
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 Production2. Film Distribution3. Film ExhibitionThe competitive strengths of the company are:1. In-depth research-based investment2. Strategic location3. Experienced promoters in the film industry4. Reasonable and affordable price5. Pleasant Ambience
Objects of the Issue
City Pulse Multiplex Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Setting up of new miniplex /Multiplex
2.71
2
2 General Corporate Purpose2 General Corporate Purpose
3
3 To Meet the Issue Expenses
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,99,90,000 shares
Post-IPO Promoter Holding
3,31,80,000 shares