GECs
Inox debuts on the BSE bourse; scrip closes at Rs 174
MUMBAI: Inox Leisure Ltd has been listed on the National Stock Exchange of India ltd (NSE) and the Stock Exchange, Mumbai (BSE) today.
The stock opened at Rs 172, up 43 per cent over the issue price of Rs.120/- a share. It hit a high of Rs 194.80 and a low of Rs 167.05, before closing at Rs 179.90 on the NSE.
On the BSE, the stock ended at Rs 174.75.
Speaking at the listing ceremony at the National Stock Exchange Inox director Deepak Asher said, Our mission is to create Indias largest network of world class multiplex cinema theatres across all the leading towns and cities of India. We aspire to be the leader in the Indian film exhibition industry on all key parameters including number of screens, quality of viewing experience, and, more importantly, financial parameters like revenues and profitability.
We consider the overwhelming response to our IPO as a popular vote of confidence in our business model. Shareholders’ interest is of paramount importance to us as a group. Inox Leisure Ltd. will consistently and untiringly work towards strengthening shareholder value, he added.
The issue which opened for subscription on January 27, 2006 and closed on 2 February. The issue was oversubscribed by 49.06 times. The qualified institutional buyers portion was subscribed by 59.19 times and the retail portion received 17.75 times response and HNIs portion received 92.31 times response.
Inox entered the capital market with a fresh issue of 16.5 million equity shares of Rs 10 each on offer consisting of a fresh issue of 12 million equity shares and an offer for sale of 4.5 million equity shares by the promoter, Gujarat Flurochemicals Limited.
The shares offered constitute 27.5 per cent of the fully diluted post issue paid up capital of the company and as a result the promoters share holding has come down to 66 per cent of the post issue paid up capital.
GECs
Pocket FM partners with Indian Open Pickleball 2026
Audio platform joins forces with major tournament to engage young fans.
MUMBAI: Pocket FM just served up a perfect partnership because when audio storytelling meets pickleball’s fast-paced rallies, even the sidelines start listening. Pocket FM, the world’s largest audio series platform, has announced a strategic partnership with Indian Open 2026, one of India’s biggest pickleball tournaments organised by Global Sports in Hyderabad in association with Pickl’Out and Crosscourts Sports Club.
The collaboration brings Pocket FM’s immersive storytelling to one of the fastest-growing emerging sports in India. Pickleball, known for its accessibility, energy and strong community appeal, is rapidly attracting younger, digitally savvy audiences making it an ideal platform for Pocket FM to deepen its cultural relevance.
Under the partnership, Pocket FM will enjoy extensive on-ground and digital visibility throughout the tournament, which begins on 1 April 2026. This includes centre court branding, venue-wide presence, presenting rights for select matches, player lounge branding, team jersey integration, and strong integration across live streaming and social media.
Pocket FM, SVP and global head for brand marketing and partnerships Vineet Singh said, “Pickleball is building a strong connection with young and engaged audiences in India. This partnership allows us to connect with people in a meaningful way through strong on-ground presence and digital visibility.”
Global Sports and Indian Open 2026, founder Hemal Jain added, “Partnering with Pocket FM adds an exciting new dimension to the experience. As a brand that has built deep resonance with young audiences, Pocket FM is a strong fit for the energy and ambition of this tournament.”
The move reflects Pocket FM’s continued strategy of aligning with emerging passion points and building deeper engagement with communities driven by competition and shared experiences.
In a country where sports and stories often collide, Pocket FM isn’t just sponsoring a tournament, it’s turning every rally into a narrative, proving that the best audio moments sometimes happen when the paddle meets the ball.
