City Pulse Multiplex IPO

City Pulse Multiplex IPOCity Pulse Multiplex IPO description – City Pulse Multiplex is engaged in the business of operating and managing of miniplex /multiplexes. Its business portfolio is comprised of Film Exhibition, Film Production and Film Distribution. The company operates a chain of cinemas spread across in the state of Gujarat under the brand name ‘WOW Cine Pulse’. It currently operates 14 screens with seating capacity of 3340 in Gujarat.

The company is proposing to launch the new project i.e. “World on Wheel”. World on wheels is a first step of the company in the field of “Innovation Entertainment”, first of its kind of cinema on wheels with all the miniplex / multiplex amenities with in it. The cCompany had already purchased the containers required for this project.

City Pulse Multiplex promoters – Mr Arpit Kumar Mehta and Mrs Rajal Arpit Kumar Mehta
City Pulse Multiplex – Upcoming IPO details
Subscription Dates 27 June – 3 July 2019
IPO Price band INR30 per share
Fresh issue 1,328,000 shares (INR3.98 crore)
Offer for sale Nil
Total IPO size 1,328,000 shares (INR3.98 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
City Pulse Multiplex IPO: Use of funds
  • Setting up of new miniplex/multiplex – INR2.71 crore
  • General corporate purposes
  • Issue Expenses
City Pulse Multiplex’s financial performance (in INR lakh)
FY2017 FY2018 FY2019
Total revenue 24.06 73.92 308.96
Total expenses 18.80 49.74 248.90
Profit after tax 9.96 26.28 59.10
City Pulse Multiplex Contact Details
City Pulse Multiplex Limited 
401, 4th Floor, Sachet 1
Swastik Cross Road, Navrangpura
Ahmedabad-380009 Phone: +91 079 40070706 / 708
Email: [email protected]
City Pulse Multiplex IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.55
Day 2 0.84
Day 3 1.09
Day 4 1.30
Day 5 2.83
City Pulse Multiplex Valuation (For FY2019)

Earnings Per Share (EPS): INR4.56

Price/Earnings (P/E) ratio: 6.58

Return on Net Worth (RONW): 24.85%

Net Asset Value (NAV): INR22.71 per share

Registrar of City Pulse Multiplex IPO
Accurate Securities & Registry Private Limited 
203, Shangrilla Arcade, above Samsung Showroom
Shyamal Cross Road
Satellite Ahmedabad Phone: +91 6354814518
Email: [email protected]
City Pulse Multiplex IPO Allotment Status

City Pulse Multiplex IPO allotment status is now available on Accurate Securities’ website. Click on this link to get allotment status.

Listing performance of City Pulse Multiplex

IPO Opening Date: 27 June 2019

IPO Closing Date: 3 July 2019

Listing Date: 11 July 2019

Listing Price on BSE SME: INR28.5 per share (down 5% from IPO price)

Closing Price on BSE SME: INR29.65 per share (down 1.17% from IPO price)


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