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| {{short description|Indian cultiplex chain}}
| | #REDIRECT [[PVR INOX#PVR Cinemas]] |
| {{more citations needed|date=February 2012}}
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| {{Use dmy dates|date=June 2015}}
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| {{Use Indian English|date=June 2015}}
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| {{Infobox company
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| | name = PVR Cinemas
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| | logo = Pvrcinemas logo.jpg
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| | logo_size = 250px
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| | type = [[Public company|Public]]
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| | traded_as = {{ubl|{{NSE|PVR}}|{{BSE|532689}}}}
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| | foundation = {{Start date and age|1997|06}}
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| | hq_location = [[Gurgaon|Gurugram]]
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| | locations = 170 (800 screens)<ref>{{Cite web|url=https://www.pvrcinemas.com/about|title=Movie Tickets Online Booking Delhi-NCR, Check Showtimes & Watch Trailer at PVR Cinemas.|website=www.pvrcinemas.com|access-date=2019-10-26}}</ref>
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| | key_people = [[Ajay Bijli]] <br /><small>(Chairman and [[Managing director|MD]])</small>
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| | industry = [[Entertainment]] ([[Movie theater|Movie Theatres]])
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| | num_employees = 1,600
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| | revenue = {{INRConvert|31187|m}}
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| | net_income = {{INRConvert|1.83|b}}
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| | homepage = [http://www.pvrcinemas.com/ www.pvrcinemas.com]
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| }} | | }} |
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| '''PVR Cinemas''' is a film entertainment company in India. The company started as a joint venture agreement between Priya Exhibitors Private Limited and [[Village Roadshow]] Limited in 1995 with 60:40 ratio. It 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]].
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| ==History==
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| [[File:pvr saket.jpg|thumb|250px|PVR Saket, 2005]]
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| PVR Cinemas has its origin as Priya Cinema in South Delhi, the Cinema was named after Priya Jaisinghani and 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.<ref>{{cite web | title = Questions & Answers: Ajay Bijli|work=Wall Street Journal| url = https://online.wsj.com/news/articles/SB125904151522361983 |date=24 November 2009| access-date = 2014-09-24 }}</ref><ref>{{cite web | title = How Ajay Bijli, the man behind PVR, managed to crack the movie theatre business in India | work = The Economic Times | url = http://articles.economictimes.indiatimes.com/2012-08-24/news/33366602_1_ajay-bijli-pvr-cinema | author = Peerzada Abrar | date = 24 August 2012 | access-date = 2014-09-24 | archive-url = https://web.archive.org/web/20150614022407/http://articles.economictimes.indiatimes.com/2012-08-24/news/33366602_1_ajay-bijli-pvr-cinema | archive-date = 14 June 2015 | url-status = live | df = dmy-all }}</ref>
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| In 2003, ICICI Ventures invested {{INR}}40 crore in PVR when Priya Village Roadshow decided to pull out of the partnership.<ref>{{Cite web |url=http://www.business-standard.com/india/news/lunchbs-ajay-bijli/338578/ |title=Business Standard |access-date=29 November 2011 |archive-url=https://web.archive.org/web/20111020085242/http://www.business-standard.com/india/news/lunchbs-ajay-bijli/338578/ |archive-date=20 October 2011 |url-status=live |df=dmy-all }}</ref> In 2012, Kanakia group owned [[CineMAX]] cinema chain was bought by Cine Hospitality Private Ltd, a subsidiary of PVR Cinemas for {{INRConvert|395|c}}, making PVR the largest cinema chain in India.<ref>{{cite news|title=PVR bought Cinemax for Rs 395 cr, becoming country’s largest multiplex|url=http://www.firstpost.com/business/pvr-buys-cinemax-for-rs-395-cr-becomes-countrys-largest-multiplex-539790.html|access-date=29 November 2012|newspaper=Firstpost|date=29 November 2012|archive-url=https://web.archive.org/web/20121202023847/http://www.firstpost.com/business/pvr-buys-cinemax-for-rs-395-cr-becomes-countrys-largest-multiplex-539790.html|archive-date=2 December 2012|url-status=live|df=dmy-all}}</ref><ref>{{cite news|title=PVR Acquires 69 percent Stake in Cinemax for 395 Crores|url=http://news.biharprabha.com/2012/11/pvr-acquires-69-percent-stake-in-cinemax-for-395-crores/|newspaper=Biharprabha News|date=30 November 2012|access-date=25 July 2015|archive-url=https://web.archive.org/web/20150725172115/http://news.biharprabha.com/2012/11/pvr-acquires-69-percent-stake-in-cinemax-for-395-crores/|archive-date=25 July 2015|url-status=live|df=dmy-all}}</ref> In May 2016, [[DLF (company)|DLF]] group owned DT Cinemas was bought by PVR Cinemas for {{INRConvert|433|c}}.<ref>{{cite web | url=http://timesofindia.indiatimes.com/business/india-business/PVR-acquires-DLFs-DT-Cinemas-for-Rs-433-crore/articleshow/47601928.cms | title=PVR acquires DLF's DT Cinemas for Rs 433 crore | publisher=Times of India | date=July 31, 2016 | access-date=25 July 2015 | archive-url=https://web.archive.org/web/20160917145537/http://timesofindia.indiatimes.com/business/india-business/PVR-acquires-DLFs-DT-Cinemas-for-Rs-433-crore/articleshow/47601928.cms | archive-date=17 September 2016 | url-status=live | df=dmy-all }}</ref><ref name="Cs">{{cite web | url=http://www.business-standard.com/article/companies/coming-soon-multiplex-boom-across-india-115021101507_1.html | title=Coming soon: Multiplex boom across India | publisher=Business Standard | date=11 February 2015 | access-date=25 July 2015 | author=Urvi Malvania | archive-url=https://web.archive.org/web/20150725120709/http://www.business-standard.com/article/companies/coming-soon-multiplex-boom-across-india-115021101507_1.html | archive-date=25 July 2015 | url-status=live | df=dmy-all }}</ref>
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| 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.<ref>{{cite web|url=http://blogs.ft.com/beyond-brics/2010/07/21/indias-thirst-for-gold-hits-the-cinema/|title=Indias thirst for gold hits cinemas|publisher=Financial Times|access-date=Nov 8, 2016|archive-url=https://web.archive.org/web/20170523055722/http://blogs.ft.com/beyond-brics/2010/07/21/indias-thirst-for-gold-hits-the-cinema/|archive-date=23 May 2017|url-status=live|df=dmy-all}}</ref> Recently, PVR Cinemas in association with HP India has launched Asia's first Virtual Reality (VR) Lounge at PVR ECX, Mall of India, Noida.
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| In August 2018, PVR Cinemas announced their acquisition of Chennai-based [[SPI Cinemas]] for ₹850 crore in a cash and stock deal.<ref>{{Cite web |url=https://timesofindia.indiatimes.com/city/chennai/pvr-buys-sathyam-cinemas-in-rs-850-crore-cash-stock-deal/articleshow/65380407.cms |title=Archived copy |access-date=16 August 2018 |archive-url=https://web.archive.org/web/20180816114550/https://timesofindia.indiatimes.com/city/chennai/pvr-buys-sathyam-cinemas-in-rs-850-crore-cash-stock-deal/articleshow/65380407.cms |archive-date=16 August 2018 |url-status=live |df=dmy-all }}</ref>
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| In August 2019 PVR Cinemas crossed its 800 screens milestone count in India.<ref>{{Cite web|url=https://brandequity.economictimes.indiatimes.com/news/marketing/pvr-announces-crossing-of-800-screen-count-in-india/70878210|title=PVR announces crossing of 800 screen count in India - ET BrandEquity|last=www.ETBrandEquity.com|website=ETBrandEquity.com|language=en|access-date=2020-04-19}}</ref>
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| ==PVR Playhouse ==
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| The idea behind PVR Playhouse is to give kids a space where they can watch movies that engage them in the way they want to. Aimed at 3 to 12 year olds, the Playhouse includes a special 49 seater movie auditorium showcasing children's movies/animated content.
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| This format is available only in Delhi, Mumbai, Chennai and Hyderabad.
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| ==PVR 4DX ==
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| 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 and Lucknow, NCR among others.{{Citation needed|date=December 2018}}
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| 4Dx has movie effects like Air, Wind, Water, Lightning, Snow, Rain, Smoke, Scent, Fog and mainly the Seat Shaking. The effects make you feel like a part of the movie.
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| ==References==
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| {{Reflist}}
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| == External links ==
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| * [http://www.pvrcinemas.com PVR Cinemas official website]
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| * [http://www.highstreetphoenix.com/store/pvr-cinemas PVR Cinemas in Mumbai]
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| {{Cinema Chains in India}}
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| {{Nifty 200 companies}}
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| {{DEFAULTSORT:Pvr Cinemas}}
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| [[Category:Cinema chains in India]]
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| [[Category:Companies based in Gurgaon]]
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| [[Category:Entertainment companies established in 1997]]
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| [[Category:1997 establishments in Haryana]]
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| [[Category:Warburg Pincus companies]]
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| [[Category:Companies listed on the National Stock Exchange of India]]
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| [[Category:Companies listed on the Bombay Stock Exchange]]
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