Mumbai, Aug. 14 -- The scrip was listed at Rs 195, a premium of 10.17% over the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.
The counter hit a high of Rs 198 and a low of Rs 185.25. About 23.57 lakh shares of the company changed hands at the counter.
Connplex Cinemas' IPO was subscribed 33.24 times. The issue opened for bidding on 7 August 2025 and it closed on 11 August 2025. The price band of the IPO was set at Rs 168 to 177 per share.
The IPO comprised fresh issue of 51,00,000 shares. The promoter and promoter group shareholding diluted to 69.90% from 95.36% pre-IPO.
The company intends to utilize the net proceeds for capital expenditure towards the purchase of a c...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.