The investment would be mix of debt and equity and would includes an initial public offering (IPO) by the end of current fiscal (2008-2009).
Anil Jindal, chairman of SRS Group revealed that of the proposed investment of Rs 1,000 crores, Rs 500 crores shall be invested in the expansion of the retail business, Rs 350 crores in the expansion of the exhibition business (multiplexes), and the balance Rs 150 crores shall be invested in the expansion of the Food and Beverage (F&B) business over the next three years.
