About the Company:
City Pulse Multiplex Ltd is engaged in the business of operating and managing of miniplex /multiplexes. Company’s business portfolio is comprised of Film Exhibition, Film Production and Film Distribution.
Company operates a chain of cinemas spread across in the state of Gujarat under the brand name ‘WOW Cine Pulse’.
Company had established first cinema theatre in Mehsana with two screens having a seating capacity of 433 seats in the year 2007.
Currently company is operating 14 screens with seating capacity of 3340 in Gujarat. Most of the miniplexes have small seating capacity (apprx 100 seats)
The operational units are situated at key locations which offer a large catchment area. These operational units are surrounded by malls, food courts and restaurants along with adequate car parking facilities.
Company’s Business Activities:
Company’s First Film:
In 2006, Company had produced their first film “Love is Blind” . “Love is Blind” had won award from Government ofGujarat in most categories of it being nominated for; to elaborate-Best Gujarati film of the year, best play back singer, best story writing / scripting, best direction and best sound recording.
Company’s New Project:
Company is proposing to launch the new Project i.e. “World on Wheel”. World on wheels is company’s first step in the field of “Innovation Entertainment”, first of its kind of cinema on wheels with all the miniplex / multiplex amenities with in it.Company had already purchased the containers required for this project.
Company’s Patron Numbers:
Company’s Average Ticket Price:
Management Team:
- Mr. Rajnikant Ashabhai Mehta (Designation: Whole Time Director)
- Mrs. Naliniben Rajnikant Mehta (Designation: Executive Director)
Objectives of the Issue:
- Setting up of new Miniplex /Multiplex.
- General Corporate Purpose.
- To Meet the Issue Expenses.
Financials of the Company:
| (in Crores) | FY 17 | FY 18 | FY 19 |
|---|---|---|---|
| Revenue | 0.24 | 0.73 | 3.09 |
| Net Profit | 0.09 | 0.26 | 0.59 |
Valuation of Peer Group Companies:
| Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
|---|---|---|---|---|---|
| City Pulse Multiplex Ltd | 10 | 4.56 | 6.57 | 24.85% | 22.71 |
| Inox Leisure Ltd | 10 | 11 | 21.30 | 18.50% | 85.50 |
| PVR Ltd | 10 | 26.60 | 48.50 | 12.20% | 244.70 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 27th June 2019 |
| Issue Closes on:. | 3rd July 2019 |
| Issue Price | Rs.30 |
| Face Value | Rs.10 |
| Minimum Lot | 4000 |
| Minimum Investment | Rs.1,20,000 |
| Issue Size | Rs.4.5 cr |
| Listing at | BSE SME |
| Equity Shares Offered | 15,00,000 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 4.56 | 6.57 | 24.85% | 22.71 |
| Company Contact Info: |
|---|
| City Pulse Multiplex Limited 401, 4th Floor, Sachet 1, Swastik Cross Road, Navrangpura, Ahmedabad, Gujarat, India. Telephone: 0 79 40 070 706/708 Email id: info@wowcinepulse.com Website: www.wowcinepulse.com |
| IPO Registrar Info: |
|---|
| Accurate Securities & Registry Private Limited Address : 203,Shangrilla Arcade,above Samsung Showroom Shyamal cross Road, Satellite Ahmedabad, Gujarat Tel No: +91 : 6354814518 Email Id: accurate.rta@gmail.com Website: www.accuratesecurities.com |
| Lead Manager to the Issue: |
|---|
| CAPITALSQUARE ADVISORS PRIVATE LIMITED 208, 2nd Floor, AARPEE Center, MIDC Road No 11, CTS 70,Andheri (E ),Mumbai 400093 Maharashtra. India Tel: +91-22-66849999 Fax: +91-22-66849998 Website: www.capitalsquare.com |
