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INOX Leisure is one of the fastest growing multiplex chains in the country, building and managing multiplex cinema throughout India.
Leading multiplex chains Inox Leisure which run 358 screens, is planning to add another 156 screens over the next 12-24 months. Opening of these screens will take overall screen count of the company to over 500 screens.
Recently, the company has executed transaction documents to acquire New Delhi headquartered Satyam Cineplexes(Satyam) by way of acquisition of 100% of the equity share capital of Satyam from its existing shareholders for a consideration of Rs 182 crore, subject to closing.
Out of the 156 screens, about 29 screens will come on board through the upcoming properties of Satyam Cineplexes, while the blance would come in from Inox's own organic growth pipeline.
The promoters holding in the company stood at 48.70% while Institutions and Non institutions held 4.73% and 46.57% respectively.
The BSE group 'B' stock of face value Rs 10 has touched a 52 weak high of Rs. 168.45 on 02-Jul-2014 and a 52 week low of Rs 52.00 on 16-Aug-2013.
The scrip opened at Rs 149.20 and has high and low Rs 158 and Rs.148.45 respectively
Inox Leisure is currently trading at Rs,156, up by 2.60 points or 1.69% from its previous closing of Rs.153.40 on the BSE.
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