Understanding Shariah Compliance in IPOs and Stocks:
Investing wisely is essential for both financial growth and ethical alignment. For those interested in making investments that comply with Islamic law, understanding the Shariah status of Initial Public Offerings (IPOs) and stocks is crucial. This article aims to provide insights into the Shariah compliance of Connplex Cinemas Ltd, ensuring that your investment choices are not only profitable but also ethical.
Table of Contents
What is Shariah Compliance?
Shariah compliance refers to the adherence to Islamic law, which governs various aspects of life, including financial transactions. When it comes to investments, certain criteria must be met to ensure that they are permissible under Shariah law. For example, investments should avoid sectors related to alcohol, gambling, pork, and any form of interest (Riba), etc.
Analyzing Connplex Cinemas Ltd
Company Name: Connplex Cinemas Ltd
Industry: Film ProdEntertainment / Electronic Media Softwareuction, Distribution & Exhibition
Listing At: NSE SME
Overview:
Connplex Cinemas is India’s fastest-growing chain of Smart Luxury Cinemas, redefining movie experiences with cutting-edge technology, stylish comfort, and affordable pricing. With 275+ screens, 30+ franchises, and a strong legacy in film marketing and distribution since 2009, Connplex blends innovation with entertainment. Its three cinema models—Express, Signature, and Luxuriance—cater to diverse audiences and locations, from metro cities to smaller towns. Franchise partners benefit from a high-return business model, industry-leading occupancy rates, and end-to-end operational support. Backed by a seasoned team and a deep understanding of regional and international cinema, Connplex ensures a seamless blend of profitability and premium experience. Whether you’re a movie lover or an investor, Connplex is where the future of cinema takes center stage—with smarter spaces, better returns, and unforgettable experiences.
Shariah Status
The IPO is Non-Shariah Compliant, the business is failed, please see below image.
Additional Considerations:
When opting for Shariah-compliant investments, it is essential to regularly check the status in our App. This ensures that the evolving nature of businesses or other financial data does not compromise the compliance status of your investments.
IPO Timeline (Tentative Schedule)
| IPO Open Date | Thu, Aug 7, 2025 |
| IPO Close Date | Mon, Aug 11, 2025 |
| Tentative Allotment | Tue, Aug 12, 2025 |
| Initiation of Refunds | Wed, Aug 13, 2025 |
| Credit of Shares to Demat | Wed, Aug 13, 2025 |
| Tentative Listing Date | Thu, Aug 14, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 11, 2025 |
LINKS
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SEBI Disclaimer
Investing in IPOs involves risks. Please read the offer document carefully before investing. This article is for informational purposes only and does not constitute financial advice. Investors should consult their financial advisors before making any investment decisions.