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PVR Cinemas
Type Public
NSE: PVR
BSE: 532689
Headquarters Gurgaon
Products Movie
Revenue ₹31,187 million (US$440 million)
Website www.pvrcinemas.com
PVR Cinemas is a film entertainment public ltd company in India. The company 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 of PVR Cinemas. 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. The first PVR Gold Screen was introduced in Forum Mall, Bangalore.
Contents
1History
2Locations
3PVR PLAY HOUSE
4PVR 4DX
5References
6External links
History[edit]
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.[2][3]
In 2003., ICICI Ventures invested ₹40 crore in PVR when Village Roadshow decided to pull out of
the partnership.[4] 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. [5][6] In May 2016, DLF group owned DT Cinemas was bought by
PVR Cinemas for ₹433 crore (US$61 million).[7][8] Recently PVR Cinemas ventured into a new cinema
concept- Superplex in Noida. The cinema has 15 screens with IMAX, 4DX, Gold Class, a playhouse
and mainstream auditoriums. PVR Cinemas has invested ₹48 crores in this new venture. PVR's first
"Gold Screen" was launched in Indore in 2007.[9] 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. [10]
Locations[edit]
PVR Vikaspuri
PVR has a strong presence with 822 screens in 172 locations across 69 Indian cities (21 States &
UT) & Sri Lanka.
State or Number of
City Theatre name Theatre locality
territory screens
PVR Select Saket 03
Citywalk ( IMAX & Gold)
State or Number of
City Theatre name Theatre locality
territory screens
PVR Select
Saket 03
Citywalk (Premiere)
Singh Nagar
Raipur
PVR Cinemax City Center
Devendra Nagar 05
Mall
Chhattisgarh
Deen Dayal Upadhay
Bilaspur PVR Rama Magneto Mall 04
Chowk
Pradesh
Gujarat
PVR Deep Old Chhani Road 03
PVR 4DX[edit]
PVR's 4DX is the second cinema chain in India to introduce 4DX in the country after Cinepolis. PVR
has signed 22 theater agreement with 4DX which is the largest in the country out of which 18 are
open. One each in Pune, Ahmedabad, Surat Chandigarh and Indore, four in Bangalore, five in NCR
and two in Mumbai, Hyderabad, whereas three more coming up by end of the year at Ludhiana,
Pune and Kolkata, NCR among others.[citation needed]
References[edit]
1. ^ "Movie Tickets Online Booking Delhi-NCR, Check Showtimes &
Watch Trailer at PVR Cinemas". www.pvrcinemas.com. Retrieved 26
October 2019.
2. ^ "Questions & Answers: Ajay Bijli". Wall Street Journal. 24 November
2009. Retrieved 24 September 2014.
3. ^ Peerzada Abrar (24 August 2012). "How Ajay Bijli, the man behind
PVR, managed to crack the movie theatre business in India". The
Economic Times. Archived from the original on 14 June 2015.
Retrieved 24 September 2014.
4. ^ "Business Standard". Archived from the original on 20 October
2011. Retrieved 29 November 2011.
5. ^ "PVR bought Cinemax for Rs 395 cr, becoming country's largest
multiplex". Firstpost. 29 November 2012. Archived from the original
on 2 December 2012. Retrieved 29 November2012.
6. ^ "PVR Acquires 69 percent Stake in Cinemax for 395
Crores". Biharprabha News. 30 November 2012. Archived from the
original on 25 July 2015. Retrieved 25 July 2015.
7. ^ "PVR acquires DLF's DT Cinemas for Rs 433 crore". Times of India.
31 July 2016. Archived from the original on 17 September 2016.
Retrieved 25 July 2015.
8. ^ Urvi Malvania (11 February 2015). "Coming soon: Multiplex boom
across India". Business Standard. Archived from the original on 25
July 2015. Retrieved 25 July 2015.
9. ^ "Indias thirst for gold hits cinemas". Financial Times. Archived from
the original on 23 May 2017. Retrieved 8 November 2016.
10. ^ "Archived copy". Archived from the original on 16 August 2018.
Retrieved 16 August2018.
11. ^ "अगले साल शहर को और तीन मल्टीप्लेक्स का तोहफा-
Amarujala". Amar Ujala (in Hindi). Archived from the original on 12
October 2018. Retrieved 12 October 2018.
12. ^ "Dundoo Mall". ShantaSriram Constructions. Retrieved 1
February 2020.
External links[edit]
PVR Cinemas official website
PVR Cinemas in Mumbai
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