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Talwalkars launches its ‘Hi-Fi’ gyms
MARKET FOLIO
Talwalkars Better Value Fitness Ltd. (TBVFL), the largest health club chain present in over 50 cities, has announced the launch of its 100th health club in Kolkata and the launch of its ‘Healthy India, Fit India’ movement with its ‘Hi Fi’ gyms in Tier II & Tier III towns.
TBVFL has been in an aggressive expansion mode since its IPO in May 2010 and set up 36 new health clubs spread across Bareilly, Belgaum, Bhubhaneshwar, Bilaspur, Ghaziabad, Kota, Madurai, Rajkot, Rajahmundry, Trichy, Trivanduram.
The company has capex plans of Rs.100 crore to be met through internal accruals to meet its expansion plans in FY12 and targets to set up 250 health clubs by the end of 2015, company officials revealed at a press conference.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Talwalkars launches its ‘Hi-Fi’ gyms
MARKET FOLIO
Talwalkars Better Value Fitness Ltd. (TBVFL), the largest health club chain present in over 50 cities, has announced the launch of its 100th health club in Kolkata and the launch of its ‘Healthy India, Fit India’ movement with its ‘Hi Fi’ gyms in Tier II & Tier III towns.
TBVFL has been in an aggressive expansion mode since its IPO in May 2010 and set up 36 new health clubs spread across Bareilly, Belgaum, Bhubhaneshwar, Bilaspur, Ghaziabad, Kota, Madurai, Rajkot, Rajahmundry, Trichy, Trivanduram.
The company has capex plans of Rs.100 crore to be met through internal accruals to meet its expansion plans in FY12 and targets to set up 250 health clubs by the end of 2015, company officials revealed at a press conference.
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