Kalpana Kalpana (Editor)

INOX Leisure Limited

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Founded
  
1999

Website
  
Official Site

CEO
  
Alok Tandon (Apr 2009–)

Number of locations
  
114

Headquarters
  
Mumbai

INOX Leisure Limited httpsuploadwikimediaorgwikipediaenthumb2

Type
  
Public company (BSE: 532706)

Industry
  
Entertainment (Cinema Chain)

Key people
  
Mr. Alok Tandon – CEO, Ms. Daizy Lal - COO

Stock price
  
INOXLEISUR (NSE) ₹ 251.90 +2.00 (+0.80%)17 Mar, 3:30 PM IST - Disclaimer

Revenue
  
13,327 INR (US$199.5 million)

Parent organization
  
Gujarat Fluorochemicals Limited

Profiles

INOX Leisure Limited (BSE: 532706) is the diversification venture of the INOX group into entertainment and is a subsidiary of Gujarat Fluorochemicals Ltd headquartered in Mumbai.

Contents

Chain of theatres

INOX currently operates 114 multiplexes and 449 screens in 57 cities (updated on 24 January 2017) across India, including Delhi, Faridabad, Jaipur, Jodhpur, Udaipur, Kota, Bhilwara, Jalgaon, Mumbai, Kanpur, Kolkata, Chennai, Bangalore, Madurai, Lucknow, Hyderabad, Vadodara, Pune, Thrissur, Darjeeling, Goa, Gurgaon, Indore, Nagpur, Vijayawada, Bharuch, Raipur, Dhanbad, Durgapur, Burdwan, Siliguri, Howrah, Vishakhapatnam, Thane, Belgaum, Kharghar, Bhubaneswar, Bhopal, Surat, Vizianagaram, Manipal, Indore, Aurangabad, Rohtak, Mysore, Ajmer, Kurnool, Rajkot, Gandhinagar, Bhiwadi, Meerut and Jorhat. Winner of the ‘ICICI Entertainment Retailer of the Year’ Award 2005, TAAL Multiplexer 2006, Emerging Superbrand of the year 2006–2007 Award and 'Technology Adopter of the Year' Award by Big Cine Expo 2016, INOX Leisure Ltd. will continue its expansion into places like Coimbatore, Cuttack, Mangalore, Jamnagar among others.

List of INOX multiplexes across India (arranged in alphabetical order of cities):

Mergers

Its merger with Bengal Ambuja promoted Calcutta Cinema Private Ltd (CCPL) (89 Cinemas at Swabhumi), has given INOX access to an additional 9 multiplexes in West Bengal and Assam.

With a view to consolidate its position in the multiplex industry, the company had acquired 17,565,288 equity shares of Fame Cinemas in February 2010. As required under Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, the company made an open offer to the shareholders of Fame Cinemas which was open for a period from 16 December 2010 to 4 January 2011. The Company acquired further 1,075 equity shares of Fame Cinemas in the open offer. Subsequent to the completion of the open offer formalities on 6 January 2011, the company holds 17,566,363 equity shares of Fame representing 50.27% of the issued and paid-up capital of Fame Cinemas. Consequently, Fame Cinemas and its subsidiaries viz. Fame Motion Pictures Limited (formerly known as Shringar Films Limited) and Big Pictures Hospitality Services Private Limited have become subsidiaries of the company with effect from 6 January 2011 and in September 2013, Fame Cinemas was re-branded as INOX.

It has acquired Satyam Cineplexes Limited by way of acquisition of 100% of the equity share capital from its existing shareholders which is valued at Rs 182 crores.

References

INOX Leisure Limited Wikipedia


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