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INOX Leisure has raised Rs 250 crore from a qualified institutional placement (QIP) of shares. The QIP issue, involving selling over 98 lakh shares at Rs 255 a share, which carry a face value of Rs 10, was oversubscribed 3.5 times by marquee global and domestic institutional investors. The issue allocation is around 69 per cent and 31 per cent to domestic and foreign investors respectively.

The funds will be utilised to meet capital expenditure requirements for the ongoing and future projects, to sustain growth, for business expansion and to improve financial leveraging strength apart from meeting working capital requirements and debt repayment.

INOX Leisure is amongst India’s largest multiplex chains.

Inox Leisure Share Price

507.90 0.00 (0.00%)
16-Feb-2023 18:03 View Price Chart
Peers
Company Name CMP
PVR 938.05
Saregama India 344.55
Shemaroo Entertain. 105.35
Balaji Telefilms 94.39
UFO Moviez 72.06
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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