MoneyWorks4Me

Inox Leisure to invest Rs 320 crore to open 128 screens in next 3 years

24 Aug 2015 Evaluate

In a bid to open 128 screens in the next two-three years, Inox Leisure is planning to invest up to Rs 320 crore. The company will also continue to scout for acquisitions, especially for regional players, to expand footprint across India.

The multiplex operator would spend between Rs 2-2.5 crore each to open new screens, with the cost depending on the location where the screen will come up.

INOX Leisure is one of the fastest growing multiplex chains in the country, building and managing multiplex cinemas throughout India.

Peers
Company Name CMP
PVR Inox 1315.80
Saregama India 506.85
Shemaroo Entertain. 124.50
UFO Moviez India 60.69
Balaji Telefilms 94.14
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