Complete Sports & Management India IPO Financials, Risk Factors, Peers & Objects of Issue
An investor-focused breakdown of the Complete Sports & Management India IPO offer document: restated financial performance, key ratios, valuation across the price band, competitive strengths, risk factors, listed peers, objects of the issue and the business model, all drawn from the company's RHP disclosures.
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Complete Sports & Management India IPO Key Performance Indicators (KPI)
ROE53.55%
RoCE47.97%
Return on Net Worth42.27%
Debt / Equity0.21
NAV per share28.29
Price to Book4.77
Reading these numbers. RoE and RoCE measure how efficiently the business turns shareholder capital into profit; anything in double digits is respectable, mid-twenties plus is strong. A debt-to-equity ratio well below 1 signals a balance sheet that does not depend on lenders. NAV per share anchors the book value of your bid, while price-to-book tells you how many rupees the issue is charging for each rupee of that book, compare it with listed peers in the same sector before deciding whether the premium is justified.
Complete Sports & Management India IPO Valuation, Pre IPO vs Post IPO
The issue price converts into a different earnings multiple once the fresh shares hit the books. Here is the dilution-adjusted picture:
EPS (₹)12.11→ 8.84 post-IPO
P/E (x)11.15→ 15.27 post-IPO
Market Cap at offer₹203Cr→ ₹277.56 Cr post-IPO
Pre-IPO figures are computed on the pre-issue share count; post-IPO figures assume full subscription at the upper band.
Complete Sports & Management India IPO Competitive Strengths (as disclosed in the RHP)
Key strengths
- Authorized distributor of Brunswick Bowling Products LLC in India, Singapore, Malaysia & Indonesia since Jan 1, 2010; scope expanded Aug 28, 2025
- FY2026 Brunswick bowling equipment revenue ₹5,701.35 lakhs constituting 50.21% of total revenue from operations
- Two-vertical model: distribution/supply/installation of amusement equipment to club houses, corporates, FECs, hotels, resorts; and consultancy/management services for entertainment facility establishment
- Project lifecycle capabilities spanning site evaluation/feasibility assessment, equipment sourcing, installation, calibration/testing/commissioning, integration with scoring systems, operator training, and preventive maintenance/refurbishment/repair
- Customer base diversified across club houses, corporate clients, family entertainment centres, hotels, residential complexes & resorts, reducing dependence on any single segment
- Experience across project scales from large-scale entertainment destinations to localized recreational facilities, with capabilities covering solution identification through post-installation support
- Exclusive Distributorship for Brunswick Bowling Products in India
- Comprehensive End-to-End Amusement and Entertainment Solutions Platform with Integrated Consultancy and Operat
- Experience Across Diverse Leisure and Hospitality Segments
- Forward Integration through the Establishment of our Owned Entertainment Centres under the “Duckpin – The Bowl
Complete Sports & Management India IPO Risk Factors (per RHP)
- Company may not be able to pay dividends in the future Ability to pay dividends depends on future earnings, financial condition, profit after tax available for distribution, cash flows, working capital requirements, capital expenditure and terms of financing arrangements
It is essential to read the complete risk factors in the offer document before investing; this list summarises the key disclosures only.
Complete Sports & Management India IPO Business Model
- Company was originally incorporated as 'Complete Sports and Management India Private Limited' on December 26, 2002, indicating a sports and management-related business operating under the CSML Group.
- Converted from a private limited company to a public limited company, with a fresh certificate of incorporation issued on January 21, 2026.
- Registered Office is located in Mumbai, Maharashtra, where physical copies of material contracts and documents can be inspected from 10.00 am to 5.00 pm on working days.
- Company maintains an online presence at csmlgroup.com, where key agreements and documents are made available during the offer period.
- Holds credit facilities sanctioned by ICICI Bank Limited, per sanction letter dated May 28, 2026.
- Led by Rohit Rajesh Mathur, appointed as Chairman and Managing Director pursuant to Board resolution dated January 22, 2026 and shareholder approval on January 30, 2026.
- Financial statements for Fiscals 2021 through 2025 are audited by statutory auditor R H Nisar & Co., Chartered Accountants.
- Note: this excerpt primarily lists IPO-related material contracts (issue, registrar, market making, underwriting, syndicate, escrow, monitoring agency) and does not disclose specific products, revenue streams, customers, or capacity figures.
Complete Sports & Management India IPO Industry Snapshot
- Indian indoor amusement center market grew from INR 34.8 billion in FY 2021 to INR 50.9 billion in FY 2025 at 10.0% CAGR (D&B Research Estimates)
- FY 2025 segment split: arcade gaming 40% (INR 20.4B), bowling 22% (INR 11.2B), VR/AR 13% (INR 6.6B), others 25% (INR 12.7B)
- Urban MPCE on miscellaneous/entertainment rose 14% from INR 424 (FY2023) to INR 484 (FY2024); share of total MPCE increased from 6.56% to 6.92%
- India's working-age population (15-64) at 67.24% (2020), projected 68.43% (2025E) and 69.06% (2030F); median age 28.4 years (UN World Population Prospects 2024)
- Global urbanization at 57.8% in 2025 (UN World Urbanization Prospects 2025) driving demand for space-efficient indoor recreation
- Key organized players expanding: Malabar Group Playaza (3rd outlet Kochi, Nov 2025), BOUNCEinc (60,000 sq ft Gurugram, Nov 2025), Wonderla Chennai (₹611 crore, Dec 2025)
Disclaimer: The financial data on this page is auto-extracted from the company's offer document (RHP/DRHP) and is provided for education only. DostIpo is not a SEBI-registered investment adviser; verify all figures against the official prospectus before making any investment decision. Investments in the securities market are subject to market risks.
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Last updated: 02 Sep 2026, 22:25 IST