Having visited amusement parks across the world, shetty thought it was only fair india that boast of a similar destination that could be. After stints in film production and exhibition, manmohan shetty starts an entertainment theme park. He has more than three decades of experience in the media and entertainment business which includes running a film processing laboratory, theatrical exhibition business, film production and digital cinema. Sep 10, 20 an initiative of manmohan shetty, imagica is the first time that aarti has worked with her father. What initially started as an idea in 2007, is today a worldclass theme park. Ael is planning to expand its reach to key markets in india to enhance bu. The companys current debt on books stands at rs 1,086 crore. Manmohan shetty is the man behind adlabs, imax, the indie film movement ardh satya, chakra and others, and many other firsts in the indian film business. The theme park was conceptualised six year ago and it is being touted as south asias largest amusement theme park. Shetty reckons adlabs imagica will make 7580 per cent of its revenue from ticket sales, while the remainder will be a combination of food and beverages and some activation deals.
Adlabs films limited now known as reliance mediaworks ltd. Its a great draw in shettys adlabs imagica indias largest and latest theme park. Imagica news latest news on imagica times of india. Bollywood to builder, such a long journey for manmohan shetty. It involves 21 neverbeforedesigned rides, a 300room hotel, a water park and a host of other stuff. Adlabs imagica in mumbai mumbai adlabs imagica, places to. Manmohan shetty news newspapers books scholar jstor june. Adlabs entertainment allots rs 60cr worth shares to. Welcome to indias own disneyland india real time wsj.
Bollywood to builder, such a long journey the new indian. Manohar malgonkars most popular book is the men who killed gandhi. Aug 07, 2014 shetty deora adds,we want to make sure we are doing quality content. In the past four years, the tourist attraction in khopoli has become one of indias largest. Adlabs imagica is a theme park near the city of khopoli on mumbaipune expressway. Adlabs entertainment, theme park operator, which on tuesday hit the market with an ipo to raise rs 400 crore, has allotted shares worth rs 60 crore to. Adlabs entertainments imagica theme park, hotel under hammer. Mar 11, 2015 how manmohan shetty s fascination with theme parks led to adlabs imagica after his ventures in movie production, distribution, multiplexes, a little less than 2 yrs ago, cmd manmohan shetty set up adlabs imagica, mumbais premier entertainment destination. Manmohan shetty is an indian entrepreneur who founded and developed adlabs films ltd, one of indias largest media and entertainment firms. The national is the middle easts leading englishlanguage news service bringing you the latest news, opinion and features from the region and internationally. Jan 24, 2018 adlabs entertainmentowned adlabs imagica, a large format theme park, is looking to monetise on its characterbased merchandise, besides expanding its presence in south and north india. An initiative of manmohan shetty, imagica is the first time that aarti has worked with her father.
The promoters of adel are mr manmohan shetty, and thrill park, a company with ownership again primarily with manmohan shetty. How manmohan shettys fascination with theme parks led to adlabs. The park has around 500 employees and can accommodate as many as 20,000 visitors. Nandini raghavendra et bureau,manmohan shettys adlabs,adlabs films limited now known as reliance mediaworks ltd. The 300acre theme park, modelled on universal studios, would stress anybody. The rs 1,650crore theme park spread over 300 acres opened in april. Indias own disneyland adlabs imagica photo gallery. After his ventures in movie production, distribution, multiplexes, a little less than two years ago, he set up adlabs imagica in mumbai, a premier entertainment destination today.
Adlabs imagica and aquamagica exceed the 1million visitor. Adlabs imagica hopes to turn profitable next fiscal. Indias disneyland on a rollercoaster ride business. Adlabs imagica is the latest addition to the seemingly endless list of entertainment hubs in mumbai. Adlabs imagica, which is the brainchild of manmohan.
Adlabs entertainmentowned adlabs imagica, a large format theme park, is looking to monetise on its characterbased merchandise, besides expanding its presence in south and north india. An inside look into the yettoopen adlabs imagica, the countrys biggest theme park. The boness and kinneil railway is a heritage railway in boness, scotland. But how can a man who is spending rs 1,650 crore, largely borrowed, on a theme park that has never. Adlabs imagica in mumbai mumbai adlabs imagica, places. He has more than three decades of experience in the media and entertainment business which includes. Banks expect adlabs resolution before september outside. Manmohan shetty, cmd, adlabs entertainment is never a man to sit idle.
It is operated by the scottish railway preservation society, operates a total of over 5 miles of track the entire slamannan and borrowstounness railway that became part of the former north british railway on the firth of forth. After his ventures in movie production, distribution, multiplexes, a little less than 2 yrs ago, cmd manmohan shetty set up adlabs imagica. Apr 22, 20 salman compared the park, located near the punemumbai expressway, with disneyland in the us. Imagica to monetise characterbased merchandise the hindu. How manmohan shettys fascination with theme parks led to adlabs imagica after his ventures in movie production, distribution, multiplexes, a little less than 2 yrs ago, cmd manmohan shetty set up adlabs imagica, mumbais premier entertainment destination. Spearheaded by manmohan shetty and his daughters pooja shetty deora and aarti shetty, imagica was launched in 20 with a desire to provide india with a perfect internationalstandard entertainment and holiday destination. Manmohan shetty of adlabs comes up with a 300acre amusement park near mumbai that will feature rides, water park and an upmarket hotel there are many who think that it is tough to please manmohan. The bankruptcy tribunal has not approved both these pleas as 11 other banks are not keen on a bankruptcy process. Manohar malgonkar has 20 books on goodreads with 4077 ratings. Opened in april 20, this theme park is gradually gaining popularity as a onestop recreation centre in the city. An inside look into the yetto open adlabs imagica, the countrys biggest theme park. Adlabs imagica, which is the brainchild of manmohan shetty, was opened for salman a day before it was.
Adlabs imagica, shettys dream project, is supposed to open in march this year. After his ventures in movie production, distribution. How manmohan shettys fascination with theme parks led to. Manmohan shettys third innings an entertainment theme. So, we typically analyze a script for six months to a year before we give our nod. We are a small team and we want to grow organically. Manmohan shetty is on the threshold of unveiling his next big dream adlabs imagica indias first entertainment theme park adlabs founder bets big on theme parks 26 nov 2012.
Shetty started another entertainment project under the name of adlabs imagica. Adlabs imagica and aquamagica are projects of adlabs entertainment limited ael promoted by mr. It belongs to adlabs entertainment limited, a renowned media firm owned by entrepreneur and film producer manmohan shetty. Adlabs imagica is an amusement park also known as indias own disney world located near the city of khopoli on the mumbaipune expressway nearby to mumbai. He has landed an hour early at the club for the interview before he gets down to a game of tennis at this patch of green for the. Manmohan shetty, chairman and managing director, adlabs entertainment said it hopes to turn its flagship adlabs imagica profitable in the next fiscal year 201516 and also expects visitors to. Imagica to monetise characterbased merchandise the. Manmohan shetty s third innings an entertainment theme park imagica s journey began four years ago when shetty who had sold adlabs to anil ambani was searching for something to do. How manmohan shettys fascination with theme parks led to adlabs imagica. Inpark magazine adlabs imagica theme park in mumbai. Scream machine is a rotating swivel at the adlabs imagica amusement park located in khopoli, mumbai, india. This is his scream machine a ride that moves like a spinning pendulum before turning turtle. Media mogul manmohan shettys biggest bet, imagica, a theme park set up with a capital of rs 1,650 crore rs 16.
It rises to steep angles of 120 degrees and achieves a height of 148 feet above ground level. Manmohan shetty is on the threshold of unveiling his next big dream adlabs imagica indias first entertainment theme park brand logostoi plus logo white created with sketch. The chairman of adlabs entertainment is playing a lot of tennis these days. Along with this project, aarti shetty, has worked with her father on an entertainment theme park called adlabs imagica. Imagica is affordable theme park of international quality. On weekends, the cost goes up to 1500 rupees and 1200 rupees, respectively. To appoint auditors and to fix their remuneration and in this regard, to consider and, if thought fit, to pass with or without modifications, the following resolution as an ordinary. In 20, he set up the rather ambitious and muchawarded imagica theme park. Adlabs imagica, which claims to be indias first and only theme park of an international scale, is said to be planning to attract up to three million visitors a year with rides that include. Mar 12, 2018 manmohan shetty, cmd, adlabs entertainment ltd. Located off the mumbai pune expressway, adlabs imagica is indias biggest family holiday destination which includes a water park, theme park, snow park and novotel imagica it was founded by manmohan shetty, with an initial capital of rs. But how can a man who is spending rs 1,650 crore, largely borrowed, on a theme park that has never been attempted in india, be relaxed. Will raise rs 460 cr via ipo, cut debt by rs 330 cr. The chairman of adlabs on the future of cinema in india, the possibilities the digital world offers, and why adlabs imagica hasnt gone according.
Inpark magazine adlabs imagica theme park in mumbai moves. Adlabs imagica is said to be indias first and only theme park of an international scale, spread across 80 acres of land and can accommodate as many as 20,000 visitors. Salman compared the park, located near the punemumbai expressway, with disneyland in the us. The park is owned and operated by adlabs entertainment limited ael, promoted by manmohan shetty. One can enjoy a plethora of activities at the adventure theme parks at della adventures and adlabs imagica, or trek to the top of forts like the lohagad fort and rajmachi fort to enjoy a panaromic view of the western ghats, or enjoy the beauty of bhushi dam and pavana dam.
Imagica is one of indias leading theme park destinations, offering entertainment. The park is owned and operated by adlabs entertainment limited ael and promoted by manmohan shetty. Manmohan shetty a 300acre theme park in india, adlabs imagica, is reportedly set to open the first of 3 phases in march 20, between mumbai and pune on the. But 110 acres of roller coasters, 44 metre pendulum swing rides, tugs, carousels, spins, flight simulators, undersea rides, and more at his new playground, adlabs imagica, ought to take care of any monotony. Adlabs imagica, built at a cost of rs 1,600 crore, opened in late april at khopoli on the mumbaipune expressway. The most anticipated indian movies and shows widget tracks the realtime popularity of relevant pages on imdb, and displays those that are currently generating the highest number of pageviews on imdb. While pooja always knew she wanted to join her fathers business, which she did in 2000 after completing a course in science in management in us, aarti wanted to do something involved with films but wasnt sure how to go about it. Books by manohar malgonkar author of the men who killed. Indias first entertainment theme park adlabs imagica built by film producer manmohan shetty, situated on the mumbaipune expressway, is open for public from today. In a nutshell, theres a lot to do for all kind of age groups and for all kind of travelers. Shetty deora adds,we want to make sure we are doing quality content. Jul 26, 20 media mogul manmohan shettys biggest bet, imagica, a theme park set up with a capital of rs 1,650 crore rs 16.