Complete Sports and Management India IPO
smelistedAbout the company
Complete Sports and Management India operates in the amusement, entertainment and leisure infrastructure segment, with the principal activities being procurement, trade and distribution of amusement and leisure equipment. The company also provides services like installation, commissioning, maintenance, consultancy and advisory services, thus providing an integrated solution for the entire entertainment project cycle. Its customer base includes FECs, clubs, hotels, resorts, corporate accounts and residential projects. The number of its customers during FY26 was about 90 compare to 95 and 72 in FY25 and FY24, respectively. The company has a wide range of product portfolio including bowling solutions, arcade games, soft play systems, trampoline parks, bowling spares, consumables, other amusement equipment, etc. An important feature of the company's business is that it is the authorised distributor of Brunswick Bowling Products LLC in India, Singapore, Malaysia and Indonesia. The company provides complete bowling solutions. Brunswick bowling equipment formed 50.2% of revenue from operations in FY26. Revenue is derived mainly through the distribution, supply and installation of amusement and entertainment solutions. The contribution of these two segments to the overall revenue in FY26 is 91.4% for amusement and entertainment solutions and 8.5% for services. On the other hand, within the product line, bowling contributed 50.2% and arcade games 36.9% of the revenue in FY26, while management contracts contributed 8.53%. In relation to the customer segments, FECs were the biggest contributors, accounting for 87.4% of the revenue in FY26. Geographically, the contribution of revenue was 43.9% for Karnataka, 26.6% for Maharashtra, 7.9% for Telangana, and 7.4% for Delhi, while exports made up 1.9% of revenue.
GMP trend (Grey Market Premium by date)
| Date | GMP (₹) | Est. Listing | Change |
|---|---|---|---|
| 01 Sep | ₹0 | ₹135 | 0 |
| 31 Aug | ₹0 | ₹135 | -2 |
| 30 Aug | ₹2 | ₹137 | +2 |
| 29 Aug | ₹0 | ₹135 | 0 |
| 28 Aug | ₹0 | ₹135 | 0 |
| 27 Aug | ₹0 | ₹135 | 0 |
| 26 Aug | ₹0 | ₹135 | 0 |
| 25 Aug | ₹0 | ₹135 | 0 |
Strengths
- Established presence in the amusement and leisure solutions industry with extensive operating experience.
- Exclusive distributorship for Brunswick Bowling products provides an important competitive advantage.
- End-to-end capabilities covering equipment sourcing, installation, commissioning, maintenance, consultancy and operations management.
- Diversified portfolio includes bowling, arcade games, laser tag, soft play, trampoline parks and other entertainment equipment.
- Expansion into owned entertainment centres under brands such as Duckpin – The Bowling Bistro and All Sett Go could create recurring revenue opportunities.
Risks
- High customer concentration, with the top ten customers accounting for a substantial share of revenue.
- Heavy dependence on a limited number of international suppliers, with the top ten suppliers contributing a large portion of purchases.
- Dependence on the Brunswick relationship creates a key supplier and business-continuity risk.
- Demand is linked to discretionary consumer spending and leisure trends, which can weaken during economic slowdowns.
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed28 Aug 2026Bidding starts for all investor categories
IPO Closes
Completed01 Sept 2026Last day to place your bid
Basis of Allotment
Completed03 Sept 2026Share allotment finalised
Refund Initiation
Completed04 Sept 2026Refunds credited for non-allottees
Credit to Demat
Completed05 Sept 2026Allotted shares credited to demat account
Listing on Exchange
Completed04 Sept 2026Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1000 | ₹135,000 | 1 | ₹135,000 | 1 lot only |
| HNI | 2 | 2000 | ₹270,000 | 2 | ₹270,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 2,851,711 | 37.5 | 0 | 0.00x | 100% |
| NII | 15% | 855,513 | 11.25 | 1,343,155 | 1.57x | 63.7% |
| Retail | 35% | 1,996,198 | 26.25 | 79,848 | 0.04x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
Date-wise daily subscription (all categories)
| Date / Day | Retail (x) | QIB (x) | NII (x) | EMP (x) | OTHER (x) | Total (x) | Total |
|---|---|---|---|---|---|---|---|
28 Aug Day 1 | 0.01x | 0.00x | 0.21x | 0.00x | 0.00x | 0.02x | 0.24x |
29 Aug Day 2 | 0.02x | 0.00x | 0.86x | 0.00x | 0.00x | 0.07x | 0.95x |
30 Aug Day 3 | 0.03x | 0.00x | 1.30x | 0.00x | 0.00x | 0.12x | 1.45x |
31 Aug Day 4 | 0.04x | 0.00x | 1.57x | 0.00x | 0.00x | 0.14x | 1.75x |
01 Sep Day 5 | 0.04x | 0.00x | 1.57x | 0.00x | 0.00x | 0.15x | 1.76x |
Date-wise cumulative subscription figures per category, refreshed each bidding day.