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INOX Leisure

5 min read

Indian multiplex cinema chain

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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.

Contents

  • 1 History
  • 2 Mergers & acquisitions
  • 3 Sustainability
  • 4 Awards
  • 5 Gallery
  • 6 References
  • 7 External links

History[edit]

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[edit]

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[edit]

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[edit]

  • 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[edit]

  • 36th International Film Festival of India (IFFI-2005) at INOX Panaji (November 2005)

  • 37th International Film Festival of India (IFFI-2005) at INOX Panaji (November 2006)

  • 43rd International Film Festival of India (IFFI-2014) at INOX Panaji (November 2012)

  • INOX Multiplex, Pune (October 2012)

  • INOX Multiplex Srinagar. (September 2022)

  • INOX concession stand, Ambuja mall, Raipur (August 2018)

  • 45th International Film Festival of India (IFFI-2014) at INOX Panaji (November 2014)

  • INOX Margao, Goa (April 2015)

References[edit]

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  • ^ .mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:”””””””‘””‘”}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free a,.mw-parser-output .citation .cs1-lock-free a{background:linear-gradient(transparent,transparent),url(“//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg”)right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited a,.mw-parser-output .id-lock-registration a,.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration a{background:linear-gradient(transparent,transparent),url(“//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg”)right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription a,.mw-parser-output .citation .cs1-lock-subscription a{background:linear-gradient(transparent,transparent),url(“//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg”)right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:linear-gradient(transparent,transparent),url(“//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg”)right 0.1em center/12px no-repeat}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:#d33}.mw-parser-output .cs1-visible-error{color:#d33}.mw-parser-output .cs1-maint{display:none;color:#3a3;margin-left:0.3em}.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}”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.
  • External links[edit]

    • Official website

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    Retrieved from “https://en.wikipedia.org/w/index.php?title=INOX_Leisure&oldid=1122989414”

    Source: https://en.wikipedia.org/wiki/INOX_Leisure

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