PVR Cinemas

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PVR Cinemas
Public
NSEPVR
BSE532689
IndustryEntertainment (movie theatres)
Founded9 January 1997
HeadquartersDelhi
Number of locations
138
Key people
Ajay Bijli
Chairman and Managing Director
ProductsMovie
Revenue225.8 Million
1.3 Billion
Number of employees
999
Websitewww.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 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[edit]

PVR Saket

The company has its origin as Tejas dhawan 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$55 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$60 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] Recently, PVR Cinemas in association with HP India has launched Asia’s first Virtual Reality (VR) Lounge at PVR ECX, Mall of India, Noida.

In August 2018, PVR Cinemas announced their acquisition of Chennai based Sathyam Cinemas for 850 crores in a cash and stock deal.[9]

Locations[edit]

PVR Vikaspuri

PVR has a strong presence with 628 screens in 135 locations across 51 Indian cities.

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 Shalimar Bagh Shalimar Bagh 04
PVR Prashant Vihar Rohini 03
PVR Select Citywalk ( IMAX & Gold) Saket 03
PVR Select Citywalk (Premiere) Saket 03
PVR Vikaspuri Vikaspuri 03
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 (Premiere and 4dx Subhash Nagar 06
Pvr Logix Noida 15
Faridabad PVR Crown Plaza Sector 15 02
Ghaziabad PVR East Delhi Kaushambi 03
PVR Opulent Gandhi Nagar 04
PVR Mahagun Vaishali 03
Gurgaon PVR MGF MGF Mall Gurgaon 07
Punjab
Ludhiana PVR Flamez Ferozpur Road 04
PVR Pavilion Mall Fountain Chownk 06
PVR Silver Arc Ferozpur Road 06
Mohali PVR Mohali 09
Jalandhar PVR MBD 04
PVR Curo Mall 05
Chandigarh PVR Centra 04
PVR Elante 08
Pathankot PVR Novelty Novelty Mall 04
Madhya Pradesh Bhopal PVR Aura Gulmohar 03
PVR Crown 04
Gwalior PVR Keshar Mall (Opening Soon) Keshar Apartments
PVR Ambience / eminence Mall (Opening Soon) Elixir MK City Sirol Main Road
PVR Gravity Mall (Opening Soon) City Center Extension
Ujjain PVR Treasure Bazaar 03
Indore PVR Treasure Island M.G. Road 05
Satna PVR UTSAV (Opening soon ) NH-75 Panna Road Satna 03
Chhattisgarh Raipur PVR Magneto Telibanda 04
Raipur PVR Cinemax city center mall Devendra Nagar 05
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
Ranchi PVR Nucleus mall Lalpur 04
Tamil Nadu Chennai PVR Skywalk Aminjikarai 07
PVR Skls Galaxy Mall Red Hills 05
PVR Grand Mall Velachery 05
PVR Grand Galada Meenambakkam 05
PVR ICON VR Mall Anna Nagar 10
Vellore PVR Velocity Gandhi Nagar 05
Uttarakhand Dehradun PVR Pacific Mall 05
Uttar Pradesh Allahabad PVR Vinayak City Center Civil Lines 04
Gorakhpur PVR Venus Mall Cinema Road 04[10]
Moradabad PVR Parshvanath Ashiyana Colony 04
Bareilly PVR Phoenix United Mahanagar 04
Kanpur PVR Cinemax South X Kidvai Nagar 03
Lucknow PVR Sahara Ganj 04
PVR Phoenix 07
PVR Singapore Lucknow 03
West Bengal Kolkata PVR Avani 04
PVR Mani Square 04
PVR Diamond Plaza 05
Assam Guwahati PVR Dona Planet Bhangagarh 02
PVR City Centre (opening soon) Ganeshguri 06
Rajasthan Udaipur PVR Forum Celebration 04
Kota CINEMALL 03
Karnataka Bengaluru PVR Forum Koramangala 11
PVR Orion Rajajinagar 11
PVR Vega Bannerghatta Road 12
PVR VR Mahadevapura 11
PVR Marketcity Mahadevapura 09
PVR Arena Marathahalli 06
PVR Soul Spirit Bellandur 06
PVR Elements Thanisandra 07
PVR Vaishnavi Sapphire Yeshwanthpur 08
Mysuru PVR Garuda mall Albert victor road 04
PVR Forum (opening soon) Nazarabad 06
Mangaluru PVR Mangalore Forum Pandeshwar 06
Hubli PVR Laxmi Mall Coen Road 04
Telangana Hyderabad PVR Central Panjagutta 05
PVR R K Complex Banjara Hills 03
PVR Inorbit Mall Cyberabad 06
PVR Forum Mall Kukatpally 09
PVR ICON L&T Metro Mall Hitech City 05
PVR Play House L&T Metro Mall Panjagutta 08
PVR 4DX L&T Metro Mall (opening soon) Erramanzil 07
PVR L&T Metro Mall (opening soon) Moosarambagg 06
Andhra Pradesh Vijayawada PVR Ripples Labbipet 04
Kerala Kochi PVR LuLu Mall Edapally 09
PVR Cinemax Oberon NH 47 Bypass, Edappally 04
Gujarat Ahmedabad PVR Acropolis S.G. Highway 06
PVR Arved Transcube Plaza Ranip 07
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
Gandhinagar PVR Suman Mall Sector 11 04
Mehsana PVR Hubtown Modhera Cross Road 02
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 Orion Mall Panvel 05
PVR Milap Kandivali West 04
PVR Lodha Xperia Dombivli 06
Nagpur PVR Empress Empress Mall 05
Nagpur PVR Eternity Eternity Mall 03
Aurangabad PVR Aurangabad Midc Road, Chikalthana-431003 03
Latur PVR Latur Near MIDC, Ekmat Chowk, Latur-413512 03
Nanded PVR Nanded Treasure Bazar mall 04
Kolhapur PVR DYP City Kolhapur Sayaji Hotel Mall Complex 03
Pune PVR Phoenix Market City Viman Nagar 09
PVR City One Mall Pimpri 07
PVR Nitesh Hub Koregaon Park 07
PVR Inorbit Mall Vadgaon Sheri 04
PVR Kumar Pacific Swargate 04
PVR ICON: The Pavillion Senapati Bapat Road 06
Bihar Patna PVR: Gravity Mall, (Opening Soon) Kankerbagh, Old Bypass. 03

PVR IMAX[edit]

PVR 4DX[edit]

PVR's 4DX is the second cinema chain in India to introduce 4DX in the country after Cinepolis. PVR has signed 11 theater agreement with 4DX which is the largest in the country out of which three are open. One each in Mumbai, Pune, NCR and Chandigarh, two in Bangalore, where as three more coming up by end of the year at Hyderabad, Pune and NCR.

PVR's Director's Cut[edit]

PVR's Director's Cut, the luxury arm of PVR Cinemas, blends the best in high-end hospitality and entertainment. Spread across ultra plush auditoriums featuring 3D-enabled digital 4K projection technology, world-class Dolby Atmos and Dolby surround sound system, fully reclining armchairs complete with a pillow, a blanket, personal attendant call system and an exciting in-seat food and beverage menu.

References[edit]

  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. ^ https://timesofindia.indiatimes.com/city/chennai/pvr-buys-sathyam-cinemas-in-rs-850-crore-cash-stock-deal/articleshow/65380407.cms
  10. ^ "अगले साल शहर को और तीन मल्टीप्लेक्स का तोहफा- Amarujala". Amar Ujala (in Hindi). Retrieved 2018-10-12.

External links[edit]