how to get indexPath for cell which is located in the center of UICollectionView

Like you did yourself, indexPathForItemAtPoint is a good way of finding the index path of the element you’re interested in. If your question is: how do i know the coordinates of this point? Then you should try with (using the same name you gave it in your code snippet):

initialPinchPoint = CGPointMake(self.collectionView.center.x + self.collectionView.contentOffset.x, 
                                self.collectionView.center.y + self.collectionView.contentOffset.y);