INOX Leisure: Difference between revisions
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| homepage = {{url|http://www.inoxmovies.com}} |
| homepage = {{url|http://www.inoxmovies.com}} |
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| 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> |
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| founder = |
| founder = Pavan Jain |
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| location = Viraj Towers, [[Andheri East]], [[Mumbai]] |
| location = Viraj Towers, [[Andheri East]], [[Mumbai]] |
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| location_country = |
| location_country = India |
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'''INOX Leisure''' or '''INOX Movies''' is an Indian [[movie theater]] chain |
'''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. |
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== History == |
== History == |
Revision as of 14:09, 16 November 2022
Company type | Public |
---|---|
ISIN | INE312H01016 |
Industry | Entertainment |
Founded | 1999[1] |
Founder | Pavan Jain |
Headquarters | Viraj Towers, Andheri East, Mumbai, India |
Number of locations | 73 cities (163 multiplexes, 692 screens)[2] |
Key people |
|
Revenue | ₹1,707 crore (US$200 million) |
Number of employees | 1500 |
Subsidiaries | |
Website | www |
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]
Gallery
-
36th International Film Festival of India (IFFI-2005) at INOX Panaji (November 2005)
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37th International Film Festival of India (IFFI-2005) at INOX Panaji (November 2006)
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43rd International Film Festival of India (IFFI-2014) at INOX Panaji (November 2012)
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INOX Multiplex, Pune (October 2012)
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One of the three halls of INOX Multiplex Srinagar. The cinema will be thrown open for general people in the September 2022.
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INOX concession stand, Ambuja mall, Raipur (August 2018)
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45th International Film Festival of India (IFFI-2014) at INOX Panaji (November 2014)
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INOX Margao, Goa (April 2015)
References
- ^ "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) - ^ "Corporate". www.inoxmovies.com. Retrieved 1 September 2021.
- ^ "Siddharth Jain, Inox Leisure Ltd: Profile and Biography". Bloomberg Markets. Retrieved 10 November 2021.
- ^ "Alok Tandon, Inox Leisure Ltd: Profile and Biography". Bloomberg Markets. Retrieved 1 September 2021.
- ^ Market, Capital (23 December 2021). "Inox Leisure starts operations of multiplex cinema theatre in Dhanbad, Jharkhand". Business Standard India. Retrieved 26 December 2021.
- ^ a b "Inox Leisure Ltd. (INOXLEISUR) - Company History". business-standard.com. Retrieved 26 October 2021.
- ^ "Inox Leisure Ltd". ndtv.com. Retrieved 26 October 2021.
- ^ "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) - ^ "Inox buys Kolkata cinema house". Business Standard India. 26 June 2006. Retrieved 30 September 2021.
- ^ "Inox acquires Satyam Cineplex for Rs 182 crore". Business Standard. BS Reporter. 31 July 2014. Retrieved 1 September 2021.
- ^ reuters.com
- ^ "Mumbai's Metro Inox becomes 1st multiplex to go solar". DNA India. Retrieved 26 December 2021.
- ^ "Cinemas, restaurants: Charging stations for e- vehicles mushrooming in Pune city". Hindustan Times. 18 October 2021. Retrieved 26 December 2021.
- ^ "Big Cine Expo 2016 Winners". bigcineexpo.com. Retrieved 1 September 2021.
- ^ "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.