INOX Leisure or INOX Movies is an Indian
multiplex
Multiplex may refer to:
* Multiplex (automobile), a former American car make
* Multiplex (comics), a DC comic book supervillain
* Multiplex (company), a global contracting and development company
* Multiplex (assay), a biological assay which measu ...
chain based in
Mumbai
Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' fin ...
. As of December 2022, it has 169 multiplexes and 730 screens in 74 cities of the country. INOX Leisure Limited is the entertainment venture of the INOX Group.
History
The company was incorporated as a public limited company in November 1999.
It is a subsidiary of INOX Group of Companies.
In 2002, the company commenced its operation by opening its first four-screen multiplex at
Pune
Pune (; ; also known as Poona, ( the official name from 1818 until 1978) is one of the most important industrial and educational hubs of India, with an estimated population of 7.4 million As of 2021, Pune Metropolitan Region is the largest i ...
and another four-screen multiplex at
Vadodara
Vadodara (), also known as Baroda, is the second largest city in the Indian state of Gujarat. It serves as the administrative headquarters of the Vadodara district and is situated on the banks of the Vishwamitri River, from the state capita ...
. In 2004, multiplexes were added in
Kolkata
Kolkata (, or , ; also known as Calcutta , the official name until 2001) is the capital of the Indian state of West Bengal, on the eastern bank of the Hooghly River west of the border with Bangladesh. It is the primary business, comme ...
,
Goa
Goa () is a state on the southwestern coast of India within the Konkan region, geographically separated from the Deccan highlands by the Western Ghats. It is located between the Indian states of Maharashtra to the north and Karnataka to the ...
, and
Mumbai
Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' fin ...
.
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.
Over the years, more screens were added in cities including
Bangalore
Bangalore (), List of renamed places in India, officially Bengaluru (), is the Capital city, capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan area, metropolitan population of a ...
,
Jaipur
Jaipur (; Hindi: ''Jayapura''), formerly Jeypore, is the capital and largest city of the Indian state of Rajasthan. , the city had a population of 3.1 million, making it the tenth most populous city in the country. Jaipur is also known ...
,
Indore
Indore () is the largest and most populous city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and is the only city to ...
,
Darjeeling
Darjeeling (, , ) is a town and municipality in the northernmost region of the Indian state of West Bengal. Located in the Eastern Himalayas, it has an average elevation of . To the west of Darjeeling lies the easternmost province of Nepal ...
,
Kota, Rajasthan
Kota (), previously known as ''Kotah'', is a city located in the southeast of northern Indian state of Rajasthan. It is located about south of the state capital, Jaipur, situated on the banks of Chambal River. With a population of over 1.2 ...
, and
Lucknow
Lucknow (, ) is the capital and the largest city of the Indian state of Uttar Pradesh and it is also the second largest urban agglomeration in Uttar Pradesh. Lucknow is the administrative headquarters of the eponymous district and division ...
.
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
West Bengal (, Bengali: ''Poshchim Bongo'', , abbr. WB) is a state in the eastern portion of India. It is situated along the Bay of Bengal, along with a population of over 91 million inhabitants within an area of . West Bengal is the fou ...
and
Assam
Assam (; ) is a state in northeastern India, south of the eastern Himalayas along the Brahmaputra and Barak River valleys. Assam covers an area of . The state is bordered by Bhutan and Arunachal Pradesh to the north; Nagaland and Manipur ...
.
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.
On 27 March 2022, INOX announced it would be merging with
PVR Cinemas, the largest cinema chain in India.
Sustainability
According to INOX’s Director Siddharth Jain, in 2018, the Metro INOX multiplex at
Mumbai
Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' fin ...
became India's first cinema to be powered by solar power. And in 2021, the company installed
electric vehicle charging station at its multiplex in
Pune
Pune (; ; also known as Poona, ( the official name from 1818 until 1978) is one of the most important industrial and educational hubs of India, with an estimated population of 7.4 million As of 2021, Pune Metropolitan Region is the largest i ...
&
Vadodara
Vadodara (), also known as Baroda, is the second largest city in the Indian state of Gujarat. It serves as the administrative headquarters of the Vadodara district and is situated on the banks of the Vishwamitri River, from the state capita ...
.
Awards
* 2005 - 'ICICI Entertainment Retailer of the Year' Award.
* 2006 - TAAL Multiplexer Award.
* 2007 - Emerging Superbrand of the year.
*2016 - Big Cine Expo Awards' Best Technology Adopter of the Year
*2017 - India Retail Forum's Entertainment Retailer of the Year
Gallery
File:A still of the INOX Multiplex Theatre which is one of the venue for the 36th International Film Festival of India, 2005 in Panaji, Goa on November 23, 2005.jpg, 36th International Film Festival of India (IFFI-2005) at INOX Panaji (November 2005)
File:A long queue of cine goers at INOX Multiplex during the 37th International Film Festival (IFFI-2006) in Panaji, Goa on November 24, 2006.jpg, 37th International Film Festival of India (IFFI-2005) at INOX Panaji (November 2006)
File:Iffi goa 2012.jpg, 43rd International Film Festival of India (IFFI-2014) at INOX Panaji (November 2012)
File:Inox multiplex1.JPG, INOX Multiplex, Pune (October 2012)
File:Inox Multiplex Srinagar.jpg, alt=One of the three halls of INOX Multiplex Srinagar. The cinema will be thrown open for general people in the September 2022., INOX Multiplex Srinagar. (September 2022)
File:Inox Ambuja mall, Raipur.png, INOX concession stand, Ambuja mall, Raipur (August 2018)
File:A view of ‘INOX’ Multiplex Theatre, which is one of the venues for the 45th International Film Festival of India (IFFI-2014), in Panaji, Goa on November 20, 2014.jpg, 45th International Film Festival of India (IFFI-2014) at INOX Panaji (November 2014)
File:INOX Margao.jpg, INOX Margao, Goa (April 2015)
References
External links
*
{{DEFAULTSORT:Inox
Inox Group
Companies based in Mumbai
Cinema chains in India
Indian companies established in 1999
Entertainment companies established in 1999
1999 establishments in India
Companies listed on the Bombay Stock Exchange
Announced mergers and acquisitions