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Project Description
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Project Description
Inox Leisure is planning to open multiplexes across India. The company plans to open 12 properties, 54 screens and 10,786 seats during this financial year (March 2017). With this, the company shall have 120 properties, 479 screens and about 120,192 seats by 31st March, 2017. The company has also tied up in terms of lease agreements already executed for post March 2017, about 50 properties, 258 screens and about 50,633 seats and as a result of the implementation of the entire pipeline, the company shall have 170 properties, 737 screens and about 170,825 seats. The total capex for FY 2017 is around Rs. 2,000 million which will be funded by 60:40 debt equity. [Info as of: Aug. `16]
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