PVR INOX
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| Company type | Public NSE: PVR BSE: 532689 |
|---|---|
| Industry | Entertainment (movie theatres) |
| Founded | 9 January 2000 |
| Headquarters | Delhi |
Number of locations | 164 |
Key people | Ajay Bijli Chairman and Managing Director |
| Products | Movie |
| Revenue | ₹225.8 million (US$2.6 million) |
| ₹1.3 billion (US$15 million) | |
Number of employees | above 1,600,000 |
| Website | www.pvrcinemas.com |
PVR Cinemas is a film entertainment sole proprietorship 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. 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 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 ₹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$46 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$51 million).[6][7] Recently PVR Cinemas ventured into a new cinema concept- Superplex in Noida. The cinema have 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.[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
PVR has a strong presence with 754 screens in 162 locations across 64 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(IMAX and 4DX) | 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 Mall(4dx) | 08 | |||
| Pathankot | PVR Novelty | Novelty Mall | 04 | |
| Madhya Pradesh | Bhopal | PVR Aura | Gulmohar | 03 |
| PVR Crown | 04 | |||
| Gwalior | PVR Tansen Plaza Mall (Opening Soon) | Hazira, Gadhaipura | ||
| PVR Keshar Mall (Opening Soon) | Keshar Apartments | |||
| PVR Shatabdipuram Complex (Opening Soon) | Commercial Block ,Shatabdipuram-2, Bhind Road, Gwalior | |||
| 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 |
| 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 Bokaro Mall | Sector 3/C | 03 | |
| Ranchi | PVR Nucleus mall | Lalpur | 04 | |
| Tamil Nadu | Chennai | PVR Ampa Skywalk | Aminjikarai | 07 |
| PVR SKLS Galaxy Mall | Red Hills | 05 | ||
| PVR Grand Mall | Velachery | 05 | ||
| PVR Grand Galada | Meenambakkam | 05 | ||
| PVR ICON VR Mall Chennai | Anna Nagar | 10 | ||
| PVR Play House | Uthandi ECR | 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 Uniworld Downtown Mall | 05 | |||
| PVR Diamond Plaza | 05 | |||
| Assam | Guwahati | PVR Dona Planet | Bhangagarh | 02 |
| PVR City Centre | Ganeshguri | 05 | ||
| 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 | 09 | ||
| PVR Marketcity | Mahadevapura | 09 | ||
| PVR Arena | Marathahalli | 06 | ||
| PVR Soul Spirit | Bellandur | 04 | ||
| PVR Elements | Thanisandra | 07 | ||
| PVR Vaishnavi Sapphire | Yeshwanthpur | 06 | ||
| 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 | Irrum manzil | 07 | ||
| PVR L&T Metro Mall | Musarambagh | 06 | ||
| PVR Preston Prime (opening soon) | Gachibowli | 04 | ||
| PVR Maruthi Infinity Mall (opening soon) | Chanda Nagar | 05 | ||
| PVR ADT Atrium (opening soon) | Gachibowli | 05 | ||
| PVR Patny Center (opening soon) | Secunderabad | - | ||
| 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 | 05 | ||
| 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 4DX
PVR's 4DX is the second cinema chain in India to introduce 4DX in the country after Cinepolis. PVR has signed 21 theater agreement with 4DX which is the largest in the country out of which 15 are open. One each in Hyderabad, Pune, Ahmedabad, Surat and Chandigarh, four in Bangalore, ,four in NCR and two in Mumbai where as three more coming up by end of the year at Ludhiana, Pune and Kolkata, NCR among other.[citation needed]
References
- ^ "Questions & Answers: Ajay Bijli". Wall Street Journal. 24 November 2009. Retrieved 24 September 2014.
- ^ 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.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - ^ "Business Standard". Archived from the original on 20 October 2011. Retrieved 29 November 2011.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - ^ "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 November 2012.
{{cite news}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - ^ "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.
{{cite news}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - ^ "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.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - ^ 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.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - ^ "Indias thirst for gold hits cinemas". Financial Times. Archived from the original on 23 May 2017. Retrieved 8 November 2016.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - ^ "Archived copy". Archived from the original on 16 August 2018. Retrieved 16 August 2018.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help)CS1 maint: archived copy as title (link) - ^ "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.
{{cite news}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help)