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City Pulse Multiplex Limited IPO

City Pulse Multiplex Limited

Issue Open

Jun 27, 2019

Price Band

₹ 30

Issue Size

₹ 3.98 Cr

Issue Close

Jul 03, 2019

Bid Lot

4000

Listing Exchange

BSE SME

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

4000

Face Value

Rs 10 Per Equity Share

Listing At

Nov 30, -0001

About the company:

Company Info:

City Pulse Multiplex Limited’s work is comprised of Film Exhibition, Film Production and Film Distribution.They are engaged in setting-up, managing and operating Multiplexes / Miniplex chain in India. The company made a debut in the year 2006, in the production work in Love is Blind ( Gujarati movie).The cinemas of the company are surrounded by food courts, restaurants, malls and car parking facilities. The company is present across 14 locations in Gujarat.

The company is planning to launch an innovation entertainment project namely World on Wheel which is a cinema on wheels, the containers are already purchased and proposing to launch the new project in fiscal 2020.       


Date of Incorporation:

The company was incorporated in the year 2000, Gujrat.


Promoters of the company:

The Promoters of this company are Mr. Arpit Kumar Mehta and Mrs. Rajal Arpit Mehta.


Strengths of the company:

1. Strategic selection of location

2. Research backed investment

3. Promoter’s experience in film industry

4. Reasonable Price

5. Latest available projection and sound systems

6. Pleasant Ambience and Auditorium Comfort

7. Ticket Booking Facility


Objective of the company:

1.Setting up of new Miniplex/ Multiplex

2.Funds for the working capital requirements of the company

3.Payment/ Repayment of the unsecured loans availed from banks and financial institutions of the company.


Company Financials:



31 March 19

31 March 18

31 March 17

Assets

615.58

324.54

276.33

Revenue

308.96

73.92

24.06

Expenses

248.90

49.74

18.80

Profit After Tax

59.10

26.28

9.96

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