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Inox Leisure inks pact with upcoming shopping malls to expand footprint: Report

16 Aug 2016 Evaluate

In order to expand its footprint, Inox Leisure has reportedly entered into agreements with real estate developers and upcoming shopping malls. In this regard, the Mumbai headquartered multiplex player will be investing close to Rs 800 crore in the next 3-4 years.

Moreover, the company will add 62 new properties with 312 screens to take its total screen count to 737. The company has aggressively added three screens every month on an average in the last 10 years, mainly through acquisitions.

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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