PVR Cinemas
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Public NSE: PVR BSE: 532689 | |
| Industry | Entertainment (movie theatres) |
| Founded | June 1997 |
| Headquarters | Gurgaon, Haryana, India |
Number of locations | 121 |
Key people |
Ajay Bijli Chairman and Managing Director |
| Website | www.pvrcinemas.com |
PVR Cinemas is a film entertainment company in India. The company, which began as a joint venture agreement between Priya Exhibitors Private Limited and Village Roadshow Limited in 1995 with 60:40 ratio, began its commercial operations in June 1997. The company is founded by Mr Ajay Bijli, who is the Chairman and Managing Director. Ajay Bijli's brother Sanjeev Kumar Bijli is the Joint Managing Director of PVR Ltd. The company also operates a pro- active CSR wing under PVR Nest.
History
The company has its origin as Priya Cinema in South Delhi, which was bought by Ajay Bijli's father in 1978, who also owned a trucking business, Amritsar Transport Co. In 1988, Bijli took over the running of the cinema hall, which was revamped in 1990, and its success led to the founding PVR Cinemas.[1][2]
In 2003, ICICI Ventures invested Rs 40 crore in PVR when Village Roadshow decided to pull out of the partnership.[3] In 2012, Kanakia group owned CineMAX cinema chain was bought by Cine Hospitality Private Ltd, a subsidiary of PVR Cinemas for ₹395 crore (US$59 million), making PVR the largest cinema chain in India.[4][5] In May 2016, DLF group owned DT Cinemas was bought by PVR Cinemas for ₹433 crore (US$64 million).[6][7] From PVR’s Gold Class and Mainstream Cinemas, Director’s Cut to the latest format- PVR Icon, the company has made exceptional technology like the IMAX® and the ECX (Enhanced Cinema Experience), 4 DX accessible to its audience. Recently PVR Cinemas ventured into a new cinema concept- Superplex in Noida. The cinema have 15 screens with IMAX, 4DX, Gold Class, Playhouse(Specially for Kids) and mainstream auditoriums. PVR Cinemas has invested ₹48 crores in this new venture. PVR's first "Gold Screen" was launched in Indore in 2007.[8]
Locations
PVR has a strong presence with 553 screens in 121 locations across 47 Indian cities.[9]
| State or territory | City | Theatre name | Theatre locality | Number of screens |
|---|---|---|---|---|
| National Capital Region (India) | Delhi | PVR Priya | Vasant Vihar | 01 |
| PVR Rivoli | Connaught Place | 01 | ||
| PVR Prashant Vihar | Rohini | 03 | ||
| PVR Select Citywalk (Gold) | Saket | 06 | ||
| PVR Select Citywalk (Premiere) | Saket | 05 | ||
| PVR Vikaspuri | Vikaspuri | 3 | ||
| PVR Naraina | Naraina | 04 | ||
| PVR Anupam | Saket | 04 | ||
| PVR Plaza | Connaught Place | 01 | ||
| PVR Director's Cut | Vasant Kunj | 04 | ||
| PVR 3C's | Lajpat Nagar | 01 | ||
| PVR Sangam | R.K Puram | 02 | ||
| PVR Pacific Mall | Subhash Nagar | 06 | ||
| Noida | PVR Superplex (IMAX & 4DX) | Sector 32 | 15 | |
| Faridabad | PVR Crown Plaza | Sector 15 | 2 | |
| Ghaziabad | PVR East Delhi | Kaushambi | 03 | |
| PVR Opulent | Gandhi Nagar | 04 | ||
| PVR Mahagun | Vaishali | 03 | ||
| Gurgaon | PVR MGF | 07 | ||
| Punjab | ||||
| Ludhiana | PVR Flamez | Ferozpur Road | 04 | |
| Ludhiana | PVR Pavilion Mall | Fountain Chownk | 06 | |
| Ludhiana | PVR Silver Arc | Ferozpur Road | 06 | |
| Ajitgarh | PVR Mohali | 09 | ||
| Jalandhar | PVR MBD | 04 | ||
| Jalandhar | PVR Curo Mall | 05 | ||
| Chandigarh | Chandigarh | PVR Centra | 04 | |
| PVR Elante | 08 | |||
| Madhya Pradesh | Bhopal | PVR Aura | Gulmohar | 03 |
| PVR Crown | 04 | |||
| Ujjain | PVR Treasure Bazaar | 03 | ||
| Indore | PVR Treasure Island | M.G. Road | 05 | |
| Chhattisgarh | Raipur | PVR Magneto | 04 | |
| Bilaspur | PVR Rama Magneto | 04 | ||
| Bhilai | PVR Surya Treasure Island | 04 | ||
| Jharkhand | Dhanbad | PVR Centre Point (opening soon) | Bank More | 04 |
| Bokaro Steel City | PVR The Bokaro Mall | Sector 3C | 03 | |
| Tamil Nadu | Chennai | PVR Skywalk | Aminjikarai | 07 |
| PVR Marg Junction | OMR | 09 | ||
| PVR Grand | Velachery | 05 | ||
| PVR Airport | Meenambakkam | 06 | ||
| Uttarakhand | Dehradun | PVR Pacific Mall | 05 | |
| Uttar Pradesh | Allahabad | PVR Vinayak City Center | Civil Lines | 04 |
| Kanpur | PVR Cinemax South X | Kidvai Nagar | 03 | |
| Lucknow | PVR Sahara Ganj | 04 | ||
| PVR singapore | 03 | |||
| PVR Phoenix united | 07 | |||
| West Bengal | Kolkata | PVR Avani | 04 | |
| PVR Diamond Plaza | 05 | |||
| Assam | Guwahati | PVR Dona Planet | G S Road | 02 |
| PVR City Centre (opening soon) | G S Road | 06 | ||
| Rajasthan | Udaipur | PVR Celebration | 04 | |
| Karnataka | Bengaluru | PVR Forum | Koramangala | 11 |
| PVR Orion | Rajajinagar | 11 | ||
| PVR Marketcity | Whitefield | 09 | ||
| PVR VR Bengaluru | Whitefield | 11 | ||
| PVR Xander(Opening Soon) | Whitefield | 09 | ||
| PVR Elements | Thanisandra | 07 | ||
| PVR Vaishnavi Sapphire Mall | Yeshwanthpur | 06 | ||
| Bannerghatta Road | 11 | ||||
| Mangaluru | PVR Mangalore Forum | Pandeshwar | 06 | |
| Hubli | PVR Laxmi Pride | 04 | ||
| Mysuru | PVR Garuda (Opening Soon) | 04 | ||
| Telangana | Hyderabad | PVR Central | Panjagutta | 05 |
| PVR R K Complex | Banjara Hills | 03 | ||
| PVR Inorbit Mall | Cyberabad | 06 | ||
| PVR Forum Mall | Kukatpally | 09 | ||
| Andhra Pradesh | Vijayawada | PVR Ripples | Labbipet | 04 |
| Visakhapatnam | PVR V-Square (Cancelled due to Manager was murdered ) | RTC COMPLEX | 04 | |
| Kerala | Kochi | PVR LuLu Mall | Edapally | 09 |
| PVR Oberon Mall | NH 47 Bypass, Edappally | 04 | ||
| Gujarat | Ahmedabad | PVR Acropolis | S.G. Highway | 06 |
| PVR Motera | Motera | 04 | ||
| Surat | PVR Rahul Raj Mall | Dummas Road | 08 | |
| Vadodara | PVR Deep | Old Chhani Road | 03 | |
| PVR Ved Transcube Plaza | Sayajigunj | 07 | ||
| PVR Eva Mall | Manjalpur | 05 | ||
| Maharashtra | Mumbai | PVR Juhu | Juhu | 05 |
| PVR Nirmal | Mulund | 06 | ||
| PVR Oberoi Mall | Goregaon | 06 | ||
| PVR High Street Phoenix | Lower Parel | 07 | ||
| PVR Phoenix MarketCity | Kurla | 07 | ||
| PVR Citi | Andheri | 05 | ||
| PVR Milap | Kandivali West | 04 | ||
| Navi Mumbai | PVR Orion mall | Panvel | 05 | |
| Nagpur | PVR Empress | Empress Mall | 05 | |
| Aurangabad | PVR Aurangabad | Midc Road,Chikalthana-431003 | 03 | |
| Nanded | PVR Nanded | 04 | ||
| Kolhapur | PVR DYPcity Kolhapur | Sayaji Hotel Mall Complex | 03 | |
| Pune | PVR Phoenix MarketCity | Viman Nagar | 9 | |
| PVR Koregaon Park Plaza (Nitesh Hub) | Koregaon Park | 7 | ||
| PVR Inorbit Mall | Wadgaon Sheri | 4 | ||
| Maharashtra | Latur | PVR Latur | Near MIDC | 3 |
References
- ↑ "Questions & Answers: Ajay Bijli". Wall Street Journal. 24 November 2009. Retrieved 2014-09-24.
- ↑ Peerzada Abrar (24 August 2012). "How Ajay Bijli, the man behind PVR, managed to crack the movie theatre business in India". The Economic Times. Retrieved 2014-09-24.
- ↑ Business Standard
- ↑ "PVR bought Cinemax for Rs 395 cr, becoming country's largest multiplex". Firstpost. 29 November 2012. Retrieved 29 November 2012.
- ↑ "PVR Acquires 69 percent Stake in Cinemax for 395 Crores". Biharprabha News. 30 November 2012.
- ↑ "PVR acquires DLF's DT Cinemas for Rs 433 crore". Times of India. July 31, 2016. Retrieved 25 July 2015.
- ↑ Urvi Malvania (11 February 2015). "Coming soon: Multiplex boom across India". Business Standard. Retrieved 25 July 2015.
- ↑ "Indias thirst for gold hits cinemas". Financial Times. Retrieved Nov 8, 2016.
- ↑ "PVR plans to open 500 screens by 2015". Business Standard. 15 September 2012. Retrieved 23 November 2012.