Summary
PVR Limited (PVR) is Indias largest multiplex player in India operating 854 screens across 173 properties. The Company offers a diversified cinema viewing experience through its formats, and pursuant to acquisition and amalgamation of SPI Cinemas, Escape, Sathyam and Palazzo. The Company displays a variety of content to cater to various customer segments in India. Apart from box office revenues, it generates revenue from non-box office sources such as food and beverage sales, advertisement revenue, convenience fees, and income from movie production/ distribution.The company operates a film distribution and production business through their subsidiary, PVR Pictures, which acquires and distributes Indian and international films.PVR Ltd was incorporated on April 26, 1995 as Priya Village Roadshow Ltd, pursuant to a Joint Venture Agreement between Priya Exhibitors Pvt Ltd and Village Roadshow Ltd. The Company established the first Multiplex Cinema in India, PVR Anupam, in Saket, New Delhi in June 1997 and they computerized box office operations by selling computerized tickets.In January 2000, the Company commenced single-screen cinema PVR Priya at Vasant Vihar, New Delhi. In April 2001, the Company opened a four-screen Multiplex Cinema, PVR Naraina in New Delhi and in November 2002, they opened a three-screen Multiplex Cinema, PVR Vikaspuri in New Delhi.In the year 2002, as a part of disinvestment, Village Roadshow Ltd sold their entire shareholding to Priya Exhibitors Private... Read More
Reports by PVR Ltd
Reports by PVR Ltd
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