PVR Cinemas

PVR Cinemas
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

PVR Saket

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 Vikaspuri

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
VisakhapatnamPVR 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
MaharashtraLaturPVR LaturNear MIDC 3
PVR Nagpur.

References

  1. "Questions & Answers: Ajay Bijli". Wall Street Journal. 24 November 2009. Retrieved 2014-09-24.
  2. 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.
  3. Business Standard
  4. "PVR bought Cinemax for Rs 395 cr, becoming country's largest multiplex". Firstpost. 29 November 2012. Retrieved 29 November 2012.
  5. "PVR Acquires 69 percent Stake in Cinemax for 395 Crores". Biharprabha News. 30 November 2012.
  6. "PVR acquires DLF's DT Cinemas for Rs 433 crore". Times of India. July 31, 2016. Retrieved 25 July 2015.
  7. Urvi Malvania (11 February 2015). "Coming soon: Multiplex boom across India". Business Standard. Retrieved 25 July 2015.
  8. "Indias thirst for gold hits cinemas". Financial Times. Retrieved Nov 8, 2016.
  9. "PVR plans to open 500 screens by 2015". Business Standard. 15 September 2012. Retrieved 23 November 2012.

External links

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