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Connplex Cinemas Limited Received In-Principle Approval From NSE
Mumbai (Maharashtra) [India], June 16: Connplex Cinemas Limited (Connplex, The Company) is an entertainment company engaged in the setting up the cinemas, entering into the franchise agreements along with its other expertise, has received approval from NSE Emerge for its Draft Red Herring Prospectus, marking a significant step toward its Initial Public Offering.
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“Connplex Cinemas Limited Received In-Principle Approval From NSE”
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en.sangritimes.com
16 Jun 2025
Mumbai (Maharashtra) [India], June 16: Connplex Cinemas Limited (Connplex, The Company) is an entertainment company engaged in the setting up the cinemas, entering into the franchise agreements along with its other expertise, has received approval from NSE Emerge for its Draft Red Herring Prospectus, marking a significant step toward its Initial Public Offering.
The Company plans to issue up to 51,00,000 fresh equity shares, each with a face value of ₹10, in the upcoming IPO. The IPO proceeds are intended to fund the capital expenditure for the purchase of a corporate office, acquisition of LED screens and projectors, as well as to meet the working capital requirements and for general corporate purposes.
