Nothing Special   »   [go: up one dir, main page]
Jump to content

INOX Leisure: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
No edit summary
No edit summary
Line 19: Line 19:
| homepage = {{url|http://www.inoxmovies.com}}
| homepage = {{url|http://www.inoxmovies.com}}
| foundation = {{start date and age|1999}}<ref>{{Cite web |url=http://www.sebi.gov.in/dp/inoxdraft.pdf |title=Archived copy |access-date=29 June 2010 |archive-url=https://web.archive.org/web/20160304064755/http://www.sebi.gov.in/dp/inoxdraft.pdf |archive-date=4 March 2016 |url-status=dead |work=[[Securities and Exchange Board of India]]}}</ref>
| foundation = {{start date and age|1999}}<ref>{{Cite web |url=http://www.sebi.gov.in/dp/inoxdraft.pdf |title=Archived copy |access-date=29 June 2010 |archive-url=https://web.archive.org/web/20160304064755/http://www.sebi.gov.in/dp/inoxdraft.pdf |archive-date=4 March 2016 |url-status=dead |work=[[Securities and Exchange Board of India]]}}</ref>
| founder = Mr. Pavan Jain
| founder = Pavan Jain
| location = Viraj Towers, [[Andheri East]], [[Mumbai]]
| location = Viraj Towers, [[Andheri East]], [[Mumbai]]
| location_country = [[India]]
| location_country = India
}}
}}


'''INOX Leisure''' or '''INOX Movies''' is an Indian [[movie theater]] chain with its headquarters located in [[Mumbai]]. As of August 2022, it has 164 multiplexes and 702 screens in 73 cities of the country.<ref>{{Cite news|last=Market|first=Capital|date=2021-12-23|title=Inox Leisure starts operations of multiplex cinema theatre in Dhanbad, Jharkhand|work=Business Standard India|url=https://www.business-standard.com/article/news-cm/inox-leisure-starts-operations-of-multiplex-cinema-theatre-in-dhanbad-jharkhand-121122300523_1.html|access-date=2021-12-26}}</ref> INOX Leisure Limited is the entertainment venture of the INOX Group.
'''INOX Leisure''' or '''INOX Movies''' is an Indian [[Multiplex (movie theater)|multiplex]] chain based in [[Mumbai]]. As of August 2022, it has 164 multiplexes and 702 screens in 73 cities of the country.<ref>{{Cite news|last=Market|first=Capital|date=2021-12-23|title=Inox Leisure starts operations of multiplex cinema theatre in Dhanbad, Jharkhand|work=Business Standard India|url=https://www.business-standard.com/article/news-cm/inox-leisure-starts-operations-of-multiplex-cinema-theatre-in-dhanbad-jharkhand-121122300523_1.html|access-date=2021-12-26}}</ref> INOX Leisure Limited is the entertainment venture of the INOX Group.


== History ==
== History ==

Revision as of 14:09, 16 November 2022

Inox Leisure Ltd.
Company typePublic
ISININE312H01016
IndustryEntertainment
Founded1999; 25 years ago (1999)[1]
FounderPavan Jain
HeadquartersViraj Towers, Andheri East, Mumbai,
India
Number of locations
73 cities (163 multiplexes, 692 screens)[2]
Key people
RevenueIncrease ₹1,707 crore (US$200 million)
Number of employees
1500
Subsidiaries
Websitewww.inoxmovies.com

INOX Leisure or INOX Movies is an Indian multiplex chain based in Mumbai. As of August 2022, it has 164 multiplexes and 702 screens in 73 cities of the country.[5] INOX Leisure Limited is the entertainment venture of the INOX Group.

History

The company was incorporated as a public limited company in November 1999.[6] It is a subsidiary of INOX Group of Companies.[7] In 2002, the company commenced its operation by opening its first four-screen multiplex at Pune and another four-screen multiplex at Vadodara. In 2004, multiplexes were added in Kolkata, Goa, and Mumbai.

In 2006, the company went public by issuing 1,65,00,000 equity shares of ₹10 each with pricing of ₹120 per share consisting of a fresh issue of 1,20,00,000 equity shares of ₹10 each and an offer for sale of 45,00,000 equity shares of ₹10 each by Gujarat Fluorochemicals.[8]

Over the years, more screens were added in cities including Bangalore, Jaipur, Indore, Darjeeling, Kota, Rajasthan, and Lucknow.[citation needed]

Mergers & acquisitions

In 2006, INOX acquired 89 Cinemas, owned by Calcutta Cinema Private Ltd (CCPL), in a share swap deal, giving INOX ownership of nine multiplexes in West Bengal and Assam.[9]

INOX acquired Satyam Cineplexes Limited by way of acquisition of 100% of the equity share capital from its existing shareholders which is valued at ₹182 crores.[10]

On 27 March 2022, INOX announced it would be merging with PVR Cinemas, the largest cinema chain in India.[11]

Sustainability

According to INOX’s Director Siddharth Jain, in 2018, the Metro INOX multiplex at Mumbai became India's first cinema to be powered by solar power.[12] And in 2021, the company installed electric vehicle charging station at its multiplex in Pune & Vadodara.[13]

Awards

  • 2005 - 'ICICI Entertainment Retailer of the Year' Award.[6]
  • 2006 - TAAL Multiplexer Award.[citation needed]
  • 2007 - Emerging Superbrand of the year.[citation needed]
  • 2016 - Big Cine Expo Awards' Best Technology Adopter of the Year[14]
  • 2017 - India Retail Forum's Entertainment Retailer of the Year[15]

References

  1. ^ "Archived copy" (PDF). Securities and Exchange Board of India. Archived from the original (PDF) on 4 March 2016. Retrieved 29 June 2010.{{cite web}}: CS1 maint: archived copy as title (link)
  2. ^ "Corporate". www.inoxmovies.com. Retrieved 1 September 2021.
  3. ^ "Siddharth Jain, Inox Leisure Ltd: Profile and Biography". Bloomberg Markets. Retrieved 10 November 2021.
  4. ^ "Alok Tandon, Inox Leisure Ltd: Profile and Biography". Bloomberg Markets. Retrieved 1 September 2021.
  5. ^ Market, Capital (23 December 2021). "Inox Leisure starts operations of multiplex cinema theatre in Dhanbad, Jharkhand". Business Standard India. Retrieved 26 December 2021.
  6. ^ a b "Inox Leisure Ltd. (INOXLEISUR) - Company History". business-standard.com. Retrieved 26 October 2021.
  7. ^ "Inox Leisure Ltd". ndtv.com. Retrieved 26 October 2021.
  8. ^ "Inox IPO oversubscribed; to be listed on 23 February". Indian Television Dot Com. 22 February 2006. Retrieved 26 December 2021.{{cite web}}: CS1 maint: url-status (link)
  9. ^ "Inox buys Kolkata cinema house". Business Standard India. 26 June 2006. Retrieved 30 September 2021.
  10. ^ "Inox acquires Satyam Cineplex for Rs 182 crore". Business Standard. BS Reporter. 31 July 2014. Retrieved 1 September 2021.
  11. ^ reuters.com
  12. ^ "Mumbai's Metro Inox becomes 1st multiplex to go solar". DNA India. Retrieved 26 December 2021.
  13. ^ "Cinemas, restaurants: Charging stations for e- vehicles mushrooming in Pune city". Hindustan Times. 18 October 2021. Retrieved 26 December 2021.
  14. ^ "Big Cine Expo 2016 Winners". bigcineexpo.com. Retrieved 1 September 2021.
  15. ^ "INOX Leisure Wins Entertainment Retailer of the Year and Two More Awards for Technology at India Retail Forum 2017". prnewswire.com. 22 September 2017. Retrieved 26 October 2021.


Retrieved from "https://en.wikipedia.org/w/index.php?title=INOX_Leisure&oldid=1122226559"