PVR INOX#CineMAX
{{Short description|Indian multiplex cinema chain}}
{{redirect|Priya Cinema|the cinema in Kolkata|Priya Cinema (Kolkata)}}
{{Use dmy dates|date=June 2015}}
{{Use Indian English|date=June 2015}}
{{split|INOX Leisure|PVR Cinemas|date=July 2024|discuss=Talk:PVR_INOX#This_article_should_be_re-split}}
{{Infobox company
| name = PVR INOX Limited
| logo = PVR INOX Logo After Merger.png
| image = PVR VR Mall 1.jpg
| image_caption = PVR Cinemas in VR Chennai Mall in Art Deco
| trade_name = PVR INOX
| type = Public
| traded_as = {{ubl|{{NSE|PVRINOX}}|{{BSE|532689}}}}
| ISIN = {{ISIN|sl=n|pl=y|INE191H01014}}
| former_name = Priya Village Roadshow Ltd.
(1997–2002)
| foundation = * 1997 - PVR Cinemas
- 1999 - INOX Cinemas
- 2023 - PVR INOX
| hq_location = 7th floor, Lotus Grandeur Building, Veera Desai Road, Andheri (West), Mumbai, Maharashtra
| hq_location_country = India
| locations = 359 locations and 1712 screens{{Cite web|url=https://www.pvrcinemas.com/about|title=About Us|website=pvrcinemas.com|access-date=2023-09-04|archive-date=17 November 2019|archive-url=https://web.archive.org/web/20191117013138/https://www.pvrcinemas.com/about|url-status=live}}
| key_people = {{ubl|Ajay Bijli (MD) | Sanjeev Kumar Bijli (ED) | Pravan Jain (Chairman){{cite web |title=PVR INOX Ltd |url=https://www.reuters.com/markets/companies/PVRL.NS |website=Reuters |access-date=23 April 2024 |archive-date=3 September 2023 |archive-url=https://web.archive.org/web/20230903083310/https://www.reuters.com/markets/companies/PVRL.NS/ |url-status=live }}}}
| industry = Entertainment (Movie theatres)
| area_served = India and Sri Lanka
| num_employees = 20,000+
| revenue = {{increase}} {{INRConvert|38297|m}}
| net_income = {{decrease}} {{INRConvert|3364|m}}
| subsid = PVR INOX Pictures
| homepage = {{URL|pvrcinemas.com}}
{{URL|inoxmovies.com}}
}}
PVR INOX Limited is an Indian multiplex chain. It was formed in 2023 as a result of the merger between PVR Cinemas and INOX Leisure Limited.{{Cite web |title=PVR Company History – Business Standard News |url=https://www.business-standard.com/company/pvr-14622/information/company-history |access-date=1 September 2021 |work=Business Standard |df=dmy-all |archive-date=1 September 2021 |archive-url=https://web.archive.org/web/20210901140735/https://www.business-standard.com/company/pvr-14622/information/company-history |url-status=live }}{{Cite web |last=Sen |first=Meghna |date=2023-01-12 |title=PVR-Inox merger approved by Mumbai NCLT |url=https://www.livemint.com/companies/news/pvrinox-merger-approved-by-mumbai-nclt-11673519127223.html |access-date=2023-08-07 |website=mint |language=en |archive-date=9 May 2023 |archive-url=https://web.archive.org/web/20230509125322/https://www.livemint.com/companies/news/pvrinox-merger-approved-by-mumbai-nclt-11673519127223.html |url-status=live }} PVR pioneered the multiplex revolution in India by establishing the first multiplex cinema in 1997 at Vasant Vihar, New Delhi. In 2022, PVR Cinemas achieved the milestone of completing 25 years in the business.{{Cite web |date=10 August 2022 |title=PVR Cinemas celebrates 25 years in cinematic entertainment |url=https://www.eventfaqs.com/news/ef-18329/pvr-cinemas-celebrates-25-years-in-cinematic-entertainment |access-date=4 September 2023 |website=Eventsfaqs.com |archive-date=4 September 2023 |archive-url=https://web.archive.org/web/20230904184314/https://www.eventfaqs.com/news/ef-18329/pvr-cinemas-celebrates-25-years-in-cinematic-entertainment |url-status=live }} As of December 2024, PVR INOX operates 1,749 screens across 355 properties in 111 cities, including locations in India and Sri Lanka. In February 2025, PVR INOX achieved its best quarterly performance in the past five quarters, recording its highest advertising revenue to date.{{Cite news |date=6 February 2025 |title=3rd Quarter & Nine Months, FY 2024-25 – Investor Presentation |url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/cde48154-b326-4445-9a79-fca518c1658f.pdf}}
History
The current company name reflects the 2023 merger between PVR Cinemas and INOX Leisure.
In February 2024, the company launched India's first-ever standalone IMAX theatre with 4K projection with laser, EROS INOX IMAX Cinema with 305 seating capacity by refurbishing the 1200 seater, 86-year-old heritage Eros Cinema in Churchgate, Mumbai.{{Cite web |date=13 February 2024 |title=PVR INOX to launch first standalone IMAX with laser theatre in Mumbai's iconic EROS cinema |url=https://www.cnbctv18.com/business/pvr-inox-first-standalone-imax-laser-theatre-mumbai-eros-cinema-19018181.htm |access-date=20 February 2024 |website=CNBCTV18 |archive-date=19 February 2024 |archive-url=https://web.archive.org/web/20240219201618/https://www.cnbctv18.com/business/pvr-inox-first-standalone-imax-laser-theatre-mumbai-eros-cinema-19018181.htm |url-status=live }}{{Cite news |last=Khandelwal |first=Heena |date=13 February 2024 |title=Eros Cinema opens its doors again after 7 years, 90-year-old heritage landmark transforms into 305-seater IMAX theatre |work=Indian Express Limited |url=https://indianexpress.com/article/cities/mumbai/eros-cinema-heritage-landmark-transforms-into-imax-theatre-9150870/ |access-date=20 February 2024 |archive-date=19 February 2024 |archive-url=https://web.archive.org/web/20240219201611/https://indianexpress.com/article/cities/mumbai/eros-cinema-heritage-landmark-transforms-into-imax-theatre-9150870/ |url-status=live }}
In April 2024, the company launched its first megaplex in South India at Bengaluru's Phoenix Mall of Asia with a seating capacity of 1997 people. Out of the 14 screens in the megaplex, one is in multi-sensory MX4D format, one is in large-screen format ScreenX, three are in luxury format, and nine premiere auditoriums have last-row celebrity plush recliners. While MX4D offers an immersive 4D film experience, ScreenX offers 270-degree cinema viewing.{{Cite web |date=12 April 2024 |title=PVR INOX launches 14-screen megaplex in Bengaluru's Phoenix Mall of Asia |url=https://www.cnbctv18.com/business/companies/pvr-inox-14-screen-megaplex-bengaluru-phoenix-mall-of-asia-19395596.htm |access-date=26 April 2024 |website=CNBC TV18 |archive-date=25 April 2024 |archive-url=https://web.archive.org/web/20240425204829/https://www.cnbctv18.com/business/companies/pvr-inox-14-screen-megaplex-bengaluru-phoenix-mall-of-asia-19395596.htm |url-status=live }}
=PVR Cinemas=
PVR Cinemas has its origin as Priya Cinema in Vasant Vihar, 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 of PVR Cinemas.{{cite web | title = Questions & Answers: Ajay Bijli|work=The Wall Street Journal| url = https://online.wsj.com/news/articles/SB125904151522361983 |date=24 November 2009| access-date = 2014-09-24 }}{{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 | first = Peerzada | last = 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 = dead| df = dmy-all }}
The company started as a joint venture agreement between Priya Exhibitors Private Limited and Village Roadshow of Australia in 1995 with a 60:40 ratio. It began its commercial operations in June 1997 as Priya Village Roadshow. The company was 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. In 2003, ICICI Ventures invested {{INR}}40 crore in PVR when Village Roadshow decided to pull out of the partnership.{{Cite web |first=Suveen K. |last=Sinha |url=http://www.business-standard.com/india/news/lunchbs-ajay-bijli/338578/ |title=Lunch with BS: Ajay Bijli |date=20 October 2011 |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 |work=Business Standard |df=dmy-all }} The first PVR Gold Screen was introduced in Forum Mall, Bengaluru.
In 2006, the shares of the Company were listed on the. National Stock Exchange (NSE) and the Bombay. Stock Exchange (BSE).https://static1.pvrcinemas.com/pvrcms/financial/1414291702458.pdf
In 2007, PVR Cinemas ventured into film production with PVR Pictures producing films like 'Taare Zameen Par' and 'Jaane Tu Ya Jaane Na' in its initial years.{{cite web | url=https://economictimes.indiatimes.com/industry/media/entertainment/pvr-to-enhance-film-distribution-by-20-per-cent-in-fy13/articleshow/13036582.cms?from=mdr | title=PVR to enhance film distribution by 20 per cent in FY13 | work=The Economic Times | date=7 May 2012 }}{{cite web | url=https://www.livemint.com/Companies/JdrDz0RbDVFd9rTNGNNZnK/PVR-to-focus-on-film-distribution.html | title=PVR to focus on film distribution | work=mint | date=17 October 2012 | last1=Sheikh | first1=Aminah }}
In 2012, PVR Cinemas partnered with entertainment technology pioneer IMAX to introduce the first-ever IMAX experience in Bengaluru. Following this, they went on to establish 21 IMAX screens across India.{{cite web | url=https://www.imax.com/en/in/pr/indias-pvr-cinemas-expands-imax-commitment-theatre-agreement | title=India's PVR Cinemas Expands IMAX Commitment with Theatre Agreement | date=6 August 2012 }}{{cite web | url=https://www.thehindubusinessline.com/companies/PVR-launches-IMAX-theatre-in-Bangalore/article20522874.ece | title=PVR launches IMAX theatre in Bangalore | date=2 November 2012 }}
=INOX Leisure=
{{Infobox company
| name = Inox Leisure Ltd.
| logo = Logo of INOX Multiplexes, 2017.png
| type = Public
| traded_as = {{ubl|{{BSE was|532706}}|{{NSE was|INOXLEISUR}}}}
| ISIN = INE312H01016
| num_locations = 74 cities (170 multiplexes, 722 screens){{Cite web|url=https://www.inoxmovies.com/Corporate.aspx?Section=1|title=Corporate|website=www.inoxmovies.com|access-date=2021-09-01|archive-date=4 November 2023|archive-url=https://web.archive.org/web/20231104075041/https://www.inoxmovies.com/Corporate.aspx?Section=1|url-status=live}}
| key_people = {{ubl|Pavan Jain (Chairman)|Siddharth Jain (Board Member){{cite web|url=https://www.bloomberg.com/profile/person/15765252|title= Siddharth Jain, Inox Leisure Ltd: Profile and Biography |publisher=Bloomberg Markets |access-date=2021-11-10}}
|Alok Tandon
(CEO){{cite web |url=https://www.bloomberg.com/profile/person/15870904 |title=Alok Tandon, Inox Leisure Ltd: Profile and Biography |publisher=Bloomberg Markets |access-date=2021-09-01 |archive-date=1 September 2021 |archive-url=https://web.archive.org/web/20210901100915/https://www.bloomberg.com/profile/person/15870904 |url-status=live }}}}
| industry = Entertainment
| fate = Merged with PVR Cinemas in March 2023
| revenue = {{increase}} {{INRconvert|1707|c}}
| net_income =
| owner = INOX Group
| num_employees = 1500
| subsid = {{ubl|Fame Cinemas|Satyam Cineplex}}
| homepage = {{URL|http://www.inoxmovies.com}}
| foundation = {{start date and age|1999}}{{Cite web |url=http://www.sebi.gov.in/dp/inoxdraft.pdf |title=Archived copy |access-date=29 June 2010 |archive-url=https://web.archive.org/web/20160304064755/http://www.sebi.gov.in/dp/inoxdraft.pdf |archive-date=4 March 2016 |url-status=dead |work=Securities and Exchange Board of India}}
| founder = Pavan Jain
| location = Viraj Towers, Andheri East, Mumbai
| location_country = India
}}
INOX Leisure or INOX Movies was an Indian multiplex chain based in Mumbai. The company was incorporated as a public limited company in November 1999.{{cite news |title=Inox Leisure Ltd. (INOXLEISUR) - Company History |url=https://www.business-standard.com/company/inox-leisure-22626/information/company-history |access-date=26 October 2021 |publisher=business-standard.com |archive-date=26 October 2021 |archive-url=https://web.archive.org/web/20211026121142/https://www.business-standard.com/company/inox-leisure-22626/information/company-history |url-status=live }} It is a subsidiary of INOX Group (Industrial Oxygen) of companies.{{cite news |title=Inox Leisure Ltd |url=https://www.ndtv.com/business/stock/inox-leisure-ltd_inoxleisur/reports |access-date=26 October 2021 |publisher=ndtv.com |archive-date=26 October 2021 |archive-url=https://web.archive.org/web/20211026132635/https://www.ndtv.com/business/stock/inox-leisure-ltd_inoxleisur/reports |url-status=live }} In 2002, the company commenced its operation by opening its first four-screen multiplex at Pune and another four-screen multiplex at Vadodara. In 2004, multiplexes were added in Kolkata, Goa, and Mumbai.
In 2006, the company went public by issuing 1,65,00,000 equity shares of ₹10 each with pricing of ₹120 per share consisting of a fresh issue of 1,20,00,000 equity shares of ₹10 each and an offer for sale of 45,00,000 equity shares of ₹10 each by Gujarat Fluorochemicals.{{Cite web|last=|date=2006-02-22|title=Inox IPO oversubscribed; to be listed on 23 February|url=https://www.indiantelevision.com/headlines/y2k6/feb/feb272.htm|access-date=2021-12-26|website=Indian Television Dot Com|language=en|archive-date=31 March 2022|archive-url=https://web.archive.org/web/20220331064523/https://www.indiantelevision.com/headlines/y2k6/feb/feb272.htm|url-status=live}}
Over the years, more screens were added in cities including Bengaluru, Chennai, Hyderabad, Jaipur, Indore, Darjeeling, Kota, Lucknow, Madurai and Coimbatore.{{citation needed|date=June 2022}}
In 2006, INOX acquired 89 Cinemas, owned by Calcutta Cinema Private Ltd (CCPL), in a share swap deal, giving INOX ownership of nine multiplexes in West Bengal and Assam.{{cite news |title=Inox buys Kolkata cinema house |url=https://www.business-standard.com/article/beyond-business/inox-buys-kolkata-cinema-house-106062601036_1.html |access-date=30 September 2021 |work=Business Standard India |date=26 June 2006 |archive-date=30 September 2021 |archive-url=https://web.archive.org/web/20210930095236/https://www.business-standard.com/article/beyond-business/inox-buys-kolkata-cinema-house-106062601036_1.html |url-status=live }}
INOX acquired Satyam Cineplexes Limited by way of acquisition of 100% of the equity share capital from its existing shareholders which is valued at ₹182 crores giving them ownership of multiplexes in NCR, Mysuru and other regions.{{cite web|date=31 July 2014|title=Inox acquires Satyam Cineplex for Rs 182 crore|url=http://www.business-standard.com/article/companies/inox-acquires-satyam-cineplex-for-rs-182-cr-114073001489_1.html|access-date=1 September 2021|website=Business Standard|publisher=BS Reporter|archive-date=26 December 2021|archive-url=https://web.archive.org/web/20211226163216/https://www.business-standard.com/article/companies/inox-acquires-satyam-cineplex-for-rs-182-cr-114073001489_1.html|url-status=live}}
According to INOX’s Director Siddharth Jain, in 2018, the Metro INOX multiplex at Mumbai became India's first cinema to be powered by solar power.{{Cite web|title=Mumbai's Metro Inox becomes 1st multiplex to go solar|url=https://www.dnaindia.com/mumbai/report-mumbai-s-metro-inox-becomes-1st-multiplex-to-go-solar-2678496|access-date=2021-12-26|website=DNA India|language=en|archive-date=4 November 2023|archive-url=https://web.archive.org/web/20231104090000/https://www.dnaindia.com/mumbai/report-mumbai-s-metro-inox-becomes-1st-multiplex-to-go-solar-2678496|url-status=live}} In 2021, the company installed electric vehicle charging station at its multiplex in Pune and Vadodara.{{Cite web|date=2021-10-18|title=Cinemas, restaurants: Charging stations for e- vehicles mushrooming in Pune city|url=https://www.hindustantimes.com/cities/pune-news/cinemas-restaurants-charging-stations-for-e-vehicles-mushrooming-in-pune-city-101634576192466.html|access-date=2021-12-26|website=Hindustan Times|language=en|archive-date=4 November 2023|archive-url=https://web.archive.org/web/20231104094445/https://www.hindustantimes.com/cities/pune-news/cinemas-restaurants-charging-stations-for-e-vehicles-mushrooming-in-pune-city-101634576192466.html|url-status=live}}
As of December 2022, INOX had 170 multiplexes and 722 screens in 74 cities of the country.{{Cite news|last=Market|first=Capital|date=2021-12-23|title=Inox Leisure starts operations of multiplex cinema theatre in Dhanbad, Jharkhand|work=Business Standard India|url=https://www.business-standard.com/article/news-cm/inox-leisure-starts-operations-of-multiplex-cinema-theatre-in-dhanbad-jharkhand-121122300523_1.html|access-date=2021-12-26|archive-date=4 November 2023|archive-url=https://web.archive.org/web/20231104075041/https://www.business-standard.com/article/news-cm/inox-leisure-starts-operations-of-multiplex-cinema-theatre-in-dhanbad-jharkhand-121122300523_1.html|url-status=live}} INOX Leisure Limited was the entertainment venture of the INOX Group.
Corporate affairs
The head office is in Andheri, Mumbai.{{cite web|url=https://www.pvrcinemas.com/terms-use|title=Terms of Use|publisher=PVR INOX|access-date=2024-03-23|quote=PVR INOX LIMITED 7th Floor, Lotus Grandeur Building, Veera Desai Road, Opposite Gundecha Symphony, Andheri (west) Mumbai- 400053, Maharashtra|archive-date=24 March 2024|archive-url=https://web.archive.org/web/20240324045503/https://www.pvrcinemas.com/terms-use|url-status=live}}
Mergers and acquisitions
= CineMAX =
Cinemax India Ltd was an Indian cinema chain which owned 138 screens across 39 properties in India, including Ahmedabad, Bengaluru, Hyderabad, Kochi, Mumbai, Pune, Kolkata, Kanpur, Bhopal and Nashik.{{Cite web|url=http://articles.economictimes.indiatimes.com/2012-11-23/news/35317474_1_cinemax-india-ajay-bijli-pvr-stock|title=Business News Today: Read Latest Business news, India Business News Live, Share Market & Economy News|access-date=20 August 2023|archive-date=5 March 2016|archive-url=https://web.archive.org/web/20160305014222/http://articles.economictimes.indiatimes.com/2012-11-23/news/35317474_1_cinemax-india-ajay-bijli-pvr-stock|url-status=dead}} It was previously owned by the Kanakia group but later bought by Cine Hospitality Private Ltd, a subsidiary of PVR Cinemas.{{cite news|title=PVR buys Cinemax for Rs 395 cr, becomes country's largest multiplex|url=http://www.firstpost.com/business/pvr-buys-cinemax-for-rs-395-cr-becomes-countrys-largest-multiplex-539790.html|accessdate=29 November 2012|newspaper=Firstpost|date=29 November 2012|archive-date=2 December 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|url-status=live}}{{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-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/|url-status=live}} The acquired properties were renamed as PVR Cinemas in a phased manner over the years.
= DT Cinemas =
In May 2016, DLF group owned DT Cinemas was bought by PVR Cinemas for {{INRConvert|500|c}}.{{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 500 crore | work=The Times of India | date=9 June 2015 | access-date=1 July 2016 | 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 }}{{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 | work=Business Standard | date=11 February 2015 | access-date=25 July 2015 | first=Urvi | last=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 }} The properties were later rebranded as PVR.
= SPI Cinemas =
{{Main|SPI Cinemas}}
SPI Cinemas, a multiplex chain based in Chennai, had its origins in the Royal Theatre, built in 1974 and acquired by the Kiran Reddy family in the 1980s. Royal Theatre later evolved into Sathyam Cinemas.{{Cite news |date=2013-11-27 |title=The changing scene |language=en-IN |work=The Hindu |url=https://www.thehindu.com/features/metroplus/the-changing-scene/article5397171.ece |access-date=2023-08-29 |issn=0971-751X |archive-date=29 August 2023 |archive-url=https://web.archive.org/web/20230829105456/https://www.thehindu.com/features/metroplus/the-changing-scene/article5397171.ece |url-status=live }}{{Cite news |date=2011-03-24 |title=Reddy Made In Chennai |language=en-IN |work=The Hindu |url=https://www.thehindu.com/features/metroplus/Reddy-Made-In-Chennai/article11641054.ece |access-date=2023-08-29 |issn=0971-751X |archive-date=29 August 2023 |archive-url=https://web.archive.org/web/20230829105456/https://www.thehindu.com/features/metroplus/Reddy-Made-In-Chennai/article11641054.ece |url-status=live }} In August 2018, PVR Cinemas acquired SPI Cinemas for ₹850 crore and rebranded the properties as PVR.{{Cite web |url=https://timesofindia.indiatimes.com/city/chennai/pvr-buys-sathyam-cinemas-in-rs-850-crore-cash-stock-deal/articleshow/65380407.cms |title=PVR buys Sathyam Cinemas for INR 850 crore |date=13 August 2018 |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 |work=The Times of India}}
= INOX Leisure Limited =
On 27 March 2022, INOX announced it would be merging with PVR Cinemas, the largest cinema chain in India.{{Cite web |date=2022-03-28 |title=India's largest multiplex operators to merge, creating cinema giant |url=https://www.reuters.com/world/india/indias-largest-multiplex-operators-merge-creating-cinema-giant-2022-03-27/ |website=Reuters |language=en |access-date=24 August 2023 |archive-date=19 April 2023 |archive-url=https://web.archive.org/web/20230419090812/https://www.reuters.com/world/india/indias-largest-multiplex-operators-merge-creating-cinema-giant-2022-03-27/ |url-status=live }}
On 12 January 2023, the Mumbai bench of the National Company Law Tribunal (NCLT) approved the merger of PVR and INOX.{{Cite web |date=12 January 2023 |title=PVR-INOX merger gets NCLT approval |url=https://www.moneycontrol.com/news/business/companies/pvr-inox-merger-mumbai-nclt-approval-9854871.html |access-date=4 September 2023 |website=Moneycontrol.com |archive-date=4 September 2023 |archive-url=https://web.archive.org/web/20230904184314/https://www.moneycontrol.com/news/business/companies/pvr-inox-merger-mumbai-nclt-approval-9854871.html |url-status=live }}
In February 2023, PVR merged with its rival INOX Leisure to create the largest multiplex chain in India.{{Cite web |date=7 February 2023 |title=PVR merges with Inox to create India's biggest multiplex chain |url=https://www.livemint.com/market/stock-market-news/pvrinox-merger-record-date-for-share-allotment-to-inox-shareholders-announced-11675757168173.html |url-status=live |archive-url=https://web.archive.org/web/20230509125323/https://www.livemint.com/market/stock-market-news/pvrinox-merger-record-date-for-share-allotment-to-inox-shareholders-announced-11675757168173.html |archive-date=9 May 2023 |access-date=9 May 2023 |website=PVR Cinemas}} All the new properties opened after the merger with Inox will be branded as 'PVR Inox'.{{Cite web |date=21 April 2023 |title=PVR becomes PVR INOX as name change takes effect |url=https://www.zeebiz.com/companies/news-pvr-inox-name-change-merger-ratio-details-date-impact-latest-news-231624 |url-status=live |archive-url=https://web.archive.org/web/20230509125323/https://www.zeebiz.com/companies/news-pvr-inox-name-change-merger-ratio-details-date-impact-latest-news-231624 |archive-date=9 May 2023 |access-date=9 May 2023 |website=PVR Cinemas}} The existing properties owned by PVR and Inox prior to merger will continue to carry 'PVR' and 'Inox' branding respectively.{{Cite web |date=12 January 2023 |title=PVR-Inox merger approved by Mumbai NCLT |url=https://www.livemint.com/companies/news/pvrinox-merger-approved-by-mumbai-nclt-11673519127223.html |url-status=live |archive-url=https://web.archive.org/web/20230509125322/https://www.livemint.com/companies/news/pvrinox-merger-approved-by-mumbai-nclt-11673519127223.html |archive-date=9 May 2023 |access-date=9 May 2023 |website=PVR Cinemas}} Post-Merger PVR was renamed PVR INOX Ltd., and it is fifth largest listed multiplex chain globally by screen count.{{Cite web |last=Mohapatra |first=Shailaja |date=15 March 2023 |title=World's 5th largest multiplex chain now also a fast food giant: Should you bet on PVR-Inox? |url=https://www.moneycontrol.com/news/business/stocks/should-you-buy-the-stock-of-pvr-inox-the-worlds-5th-largest-multiplex-chain-10252091.html |access-date=4 September 2023 |website=Moneycontrol.com |archive-date=4 September 2023 |archive-url=https://web.archive.org/web/20230904184311/https://www.moneycontrol.com/news/business/stocks/should-you-buy-the-stock-of-pvr-inox-the-worlds-5th-largest-multiplex-chain-10252091.html |url-status=live }}
The merged entity plans to open 150 screens in FY24 with an investment of around ₹500 crore, aiming to expand into Tier 3 and Tier 4 cities in India. This initiative seeks to deliver an ultimate movie-viewing experience, which is currently largely restricted to Tier 1 and Tier 2 cities.{{Cite news |date=2023-11-30 |title=PVR Inox says it will open 150 screens next fiscal with Rs 500 cr investment |url=https://economictimes.indiatimes.com/industry/media/entertainment/pvr-inox-says-it-will-open-150-screens-next-fiscal-with-rs-500-cr-investment/articleshow/105629622.cms?from=mdr |access-date=2024-12-13 |work=The Economic Times |issn=0013-0389}}
In FY25, PVR INOX plans to add 120 new screens while closing approximately 60–70 non-performing ones. Around 40% of the new screen additions will be in South India, specifically in under-penetrated regions. According to the Q3 FY24-25 financial results, PVR INOX added 77 new screens.
As of December 2024, PVR INOX operates 1,749 screens across 355 properties in 111 cities, including locations in India and Sri Lanka.{{Cite news |date=2024-09-01 |title=PVR INOX to close 70 non-performing screens in FY25, plans monetisation of real estate assets |url=https://economictimes.indiatimes.com/industry/media/entertainment/pvr-inox-to-close-70-non-performing-screens-in-fy25-plans-monetisation-of-real-estate-assets/articleshow/112963648.cms?from=mdr |access-date=2024-12-13 |work=The Economic Times |issn=0013-0389}}{{Cite web |url=https://www.pvrcinemas.com/about-us |access-date=2024-12-13 |website=www.pvrcinemas.com}}
= Luxe Cinemas =
Luxe, a premium multiplex with 11 screens operating at Phoenix Marketcity, Chennai owned by Jazz Cinemas was acquired by INOX in October 2022{{Cite news |date=30 October 2015 |title=Jazz Cinemas buys Luxe multiplex |language=en-IN |work=The Hindu |url=https://www.thehindu.com/news/cities/chennai/Jazz-Cinemas-buys-Luxe-multiplex-in-Chennai/article60241774.ece |access-date=24 August 2023 |archive-date=21 August 2023 |archive-url=https://web.archive.org/web/20230821054000/https://www.thehindu.com/news/cities/chennai/Jazz-Cinemas-buys-Luxe-multiplex-in-Chennai/article60241774.ece |url-status=live }}{{Cite web |date=13 October 2022 |title=INOX Leisure Ltd to acquire Luxe Cinemas, theatre business of Jazz Cinemas |url=https://www.equitybulls.com/category.php?id=320964 |access-date=24 August 2023 |website=EquityBulls |archive-date=24 April 2023 |archive-url=https://web.archive.org/web/20230424171027/https://www.equitybulls.com/category.php?id=320964 |url-status=live }} which in turn merged with PVR in 2023.{{Cite web |date=8 March 2023 |title=PVR opens new multiplex in Phoenix mall |url=https://timesofindia.indiatimes.com/city/chennai/pvr-opens-new-multiplex-in-phoenix-mall/articleshow/98488991.cms |access-date=24 August 2023 |website=The Times of India |archive-date=4 June 2023 |archive-url=https://web.archive.org/web/20230604091931/https://timesofindia.indiatimes.com/city/chennai/pvr-opens-new-multiplex-in-phoenix-mall/articleshow/98488991.cms |url-status=live }}
PVR Inox Pictures
{{Main|PVR Inox Pictures}}
PVR INOX Pictures is the film distribution arm of PVR Inox Ltd. It was earlier named PVR Pictures but post the merger with INOX leisure; it was rebranded as PVR INOX Pictures.{{Cite web |date=8 March 2023 |title=PVR Pictures is now PVR INOX Pictures post-merger with Inox Leisure |url=https://www.livemint.com/companies/news/pvr-pictures-is-now-pvr-inox-pictures-post-merger-with-inox-leisure-11684322209042.html |access-date=27 August 2023 |website=Mint |archive-date=21 August 2023 |archive-url=https://web.archive.org/web/20230821054001/https://www.livemint.com/companies/news/pvr-pictures-is-now-pvr-inox-pictures-post-merger-with-inox-leisure-11684322209042.html |url-status=live }}
Collaborations
= 2021 =
In October 2021, PVR announced their collaboration with the film RRR as part of the film's promotion. Accordingly, PVR would rebrand itself as PVRRR across the multiplex chain's 170+ properties in over 70 cities for a few months following the film's release on 25 March 2022.{{Cite web|date=2021-10-30|title=PVRRR: Makers of RRR tie-up with PVR Cinemas to promote film in unique way|url=https://www.thenewsminute.com/article/pvrrr-makers-rrr-tie-pvr-cinemas-promote-film-unique-way-157085|website=The News Minute|access-date=28 December 2021|archive-date=28 December 2021|archive-url=https://web.archive.org/web/20211228115651/https://www.thenewsminute.com/article/pvrrr-makers-rrr-tie-pvr-cinemas-promote-film-unique-way-157085|url-status=live}} As part of the promotions, they also launched an exclusive NFT (non-fungible token) collection for the film. About 300 digital collectables, including posters signed by director S. S. Rajamouli and the lead cast, including Ram Charan, N. T. Rama Rao Jr. and Alia Bhatt and props used in the film were made available to fans as memorabilia.{{Cite web |last=Jha |first=Lata |date=21 March 2022 |title=PVR Cinemas launches 'RRR' NFT collection |url=https://www.livemint.com/industry/pvr-cinemas-launches-rrr-nft-collection-11647855753534.html |access-date=4 September 2023 |website=Livemint}} Kotak Mahindra Bank and PVR Cinemas partnered to introduce India's first co-branded movie debit card in November 2021.{{Cite news |last=Talukdar |first=Prashun |date=16 November 2021 |title=Kotak Mahindra Bank, PVR Cinemas Launch Co-Branded Movie Debit Card |work=NDTV Profit |url=https://www.ndtv.com/business/kotak-mahindra-bank-pvr-cinemas-launch-co-branded-movie-debit-card-2612896 |access-date=25 November 2023 |archive-date=25 November 2023 |archive-url=https://web.archive.org/web/20231125082057/https://www.ndtv.com/business/kotak-mahindra-bank-pvr-cinemas-launch-co-branded-movie-debit-card-2612896 |url-status=live }}
= 2022 =
In June 2022, PVR announced a collaboration with French high-end theatre company Ice Theatres, part of CGR Theatres, to open new premium theatres in India.{{Cite web |last=Jha |first=Lata |date=2022-06-24 |title=PVR ties up with French company for high-end cinema properties |url=https://www.livemint.com/industry/media/pvr-ties-up-with-french-company-for-high-end-cinema-properties-11656047462416.html |access-date=2022-06-25 |website=mint |language=en |archive-date=25 June 2022 |archive-url=https://web.archive.org/web/20220625052114/https://www.livemint.com/industry/media/pvr-ties-up-with-french-company-for-high-end-cinema-properties-11656047462416.html |url-status=live }} PVR partnered with Maruti Suzuki to launch an innovative 270-degree in-cinema advertising experience utilizing 3D Projection Mapping on theatre side walls.{{Cite news |last=Pinto |first=Viveat Susan |date=21 August 2022 |title=Advertising in movie halls: From still cards to experiential marketing |work=Business Standard |url=https://www.business-standard.com/article/companies/advertising-in-movie-halls-from-still-cards-to-experiential-marketing-122081900696_1.html |access-date=25 November 2023 |archive-date=25 November 2023 |archive-url=https://web.archive.org/web/20231125083608/https://www.business-standard.com/article/companies/advertising-in-movie-halls-from-still-cards-to-experiential-marketing-122081900696_1.html |url-status=live }}
PVR also expanded its preferred partnership agreement with laser cinema solutions provider Cinionic to power all of its screens with Barco Series 4 4K laser projection. On completion of this roll-out, PVR would become the first exhibition chain in India to go 100 per cent 4K RGB laser projection.{{Cite web |last=PTI |date=21 June 2022 |title=PVR to become first exhibition chain with 100 per cent 4K laser projection |url=https://economictimes.indiatimes.com/industry/media/entertainment/pvr-to-become-first-exhibition-chain-with-100-per-cent-4k-laser-projection/articleshow/92368794.cms?from=mdr |access-date=4 September 2023 |website=Economic Times |archive-date=4 September 2023 |archive-url=https://web.archive.org/web/20230904184313/https://economictimes.indiatimes.com/industry/media/entertainment/pvr-to-become-first-exhibition-chain-with-100-per-cent-4k-laser-projection/articleshow/92368794.cms?from=mdr |url-status=live }}
In 2022, PVR Cinemas entered into an exclusive partnership with Visa, the official payments technology partner of FIFA for organizing ‘FIFA World Cup 2022TM Viewing Parties’ across 11 properties in 8 cities.{{Cite web |date=12 December 2022 |title=PVR Cinemas associate with Visa for FIFA World Cup Qatar 2022 |url=https://www.afaqs.com/news/media/pvr-cinemas-associate-with-visa-for-fifa-world-cup-qatar-2022 |access-date=4 September 2023 |website=afaqs.com |archive-date=4 September 2023 |archive-url=https://web.archive.org/web/20230904184311/https://www.afaqs.com/news/media/pvr-cinemas-associate-with-visa-for-fifa-world-cup-qatar-2022 |url-status=live }}
= 2023 =
In 2023, PVR hosted the Oscars Film Festival, where it screened some of the most popular movies nominated for the 94th Academy Awards.{{Cite web |date=17 February 2023 |title=Oscars Film Fest To Let Audiences Binge On 2023 Oscar-Nominated Films |url=https://www.outlookindia.com/art-entertainment/oscars-film-fest-to-let-audiences-binge-on-2023-oscar-nominated-films-news-262988 |access-date=4 September 2023 |website=Outlook |archive-date=4 September 2023 |archive-url=https://web.archive.org/web/20230904184310/https://www.outlookindia.com/art-entertainment/oscars-film-fest-to-let-audiences-binge-on-2023-oscar-nominated-films-news-262988 |url-status=live }} PVR INOX also partnered with INGKA Centers, part of IKEA's retail operator INGKA Holding for its upcoming Gurgaon centre to open a nine-screen movie theatre.{{Cite web |date=25 April 2023 |title=Ingka Centres partners PVR Inox for multiplex |url=https://www.thehindubusinessline.com/companies/ingka-centres-partners-pvr-inox-for-multiplex/article66776719.ece |access-date=4 September 2023 |website=Business Line |archive-date=4 September 2023 |archive-url=https://web.archive.org/web/20230904184310/https://www.thehindubusinessline.com/companies/ingka-centres-partners-pvr-inox-for-multiplex/article66776719.ece |url-status=live }} PVR INOX has partnered with Bollywood actor and climate activist Bhumi Pednekar to spread awareness on Climate change.{{Cite news |date=18 March 2023 |title=PVR launches sustainability campaigns, join hands with Bollywood actor Bhumi Pednekar |work=Press Trust of India |url=https://www.ptinews.com/news/business/pvr-launches-sustainability-campaigns-join-hands-with-bollywood-actor-bhumi-pednekar/534004.html |access-date=25 November 2023}}
In November 2023, PVR INOX Ltd live streamed the 2023 ICC Men's Cricket World Cup final between India and Australia held at Narendra Modi Stadium, Ahmedabad in 60 cities across 150 cinemas throughout the country.
{{Cite news |date=18 November 2023 |title=World Cup 2023 final: Cinema owners elated with 'extraordinary' advance booking for match screenings |work=The New Indian Express |url=https://www.newindianexpress.com/nation/2023/Nov/18/world-cup-2023-final-cinema-owners-elated-with-extraordinary-advance-booking-match-screenings-2634100.html |access-date=28 January 2024}}
= 2024 =
In January 2024, PVR INOX Ltd collaborated with Aaj Tak to broadcast the live streaming of the consecration ceremony of Ram Mandir in Ayodhya on 22 January in 160+ cinemas in more than 70 cities across India.{{Cite web |date=19 January 2024 |title=AajTak and PVR INOX tie-up for live streaming of Ayodhya Ram Mandir inauguration in cinemas |work=India Today |url=https://indiatoday.in/business/story/pvr-inox-aaj-tak-unite-watch-ram-mandir-inauguration-in-cinemas-2491070-2024-01-19 |access-date=28 January 2024 |archive-date=27 January 2024 |archive-url=https://web.archive.org/web/20240127201505/https://www.indiatoday.in/business/story/pvr-inox-aaj-tak-unite-watch-ram-mandir-inauguration-in-cinemas-2491070-2024-01-19 |url-status=live }}
In January 2024, PVR INOX Ltd presented the live screening of the traditional Republic Day parade on India’s 75th Republic Day celebrations on 26 January 2024. PVR INOX broadcast this grand event live with AAJ TAK across its 30 cinemas in 16 cities.{{Cite web |date=25 January 2024 |title=PVR INOX announces LIVE screening of the 75th Republic Day Parade across its 30 cinemas in 16 cities |url=https://www.adgully.com/pvr-inox-announces-live-screening-of-the-75th-republic-day-parade-141294.html#:~:text=PVR%20INOX%20Ltd%2C%20India's%20leading,30%20cinemas%20in%2016%20cities |access-date=28 January 2024 |website=Adgully |archive-date=27 January 2024 |archive-url=https://web.archive.org/web/20240127195640/https://www.adgully.com/pvr-inox-announces-live-screening-of-the-75th-republic-day-parade-141294.html#:~:text=PVR%20INOX%20Ltd%2C%20India's%20leading,30%20cinemas%20in%2016%20cities |url-status=live }}
In April 2024, PVR INOX partnered with Miraj Entertainment Ltd to expand IMAX to smaller towns in India. Under this agreement, Miraj Cinemas committed to adding three new IMAX systems at key locations across the country. This includes one in Mumbai, which opened in November 2024, and another in Jaipur.{{Cite news |date=2024-04-15 |title=Miraj Entertainment inks strategic partnership with IMAX |url=https://economictimes.indiatimes.com/industry/media/entertainment/miraj-entertainment-inks-strategic-partnership-with-imax/articleshow/109318843.cms?from=mdr |access-date=2024-12-06 |work=The Economic Times |issn=0013-0389}}
In May 2024, Devyani International, a leading QSR operator, and PVR INOX announced a strategic partnership to operate food courts in shopping malls. This collaboration aims to reach a wider audience and expand their market presence.{{Cite news |date=2024-05-14 |title=PVR Inox inks pact with Devyani International for development and operation of food courts in India |url=https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/pvr-inox-inks-pact-with-devyani-international-for-development-and-operation-of-food-courts-in-india/articleshow/110111322.cms?from=mdr |access-date=2024-12-06 |work=The Economic Times |issn=0013-0389}}{{Cite web |date=2024-05-14 |title=Devyani International, PVR INOX announces strategic partnership for operating food courts in shopping malls |url=https://www.financialexpress.com/business/industry-devyani-international-pvr-inox-announces-strategic-partnership-for-operating-food-courts-in-shopping-malls-3487634/ |access-date=2024-12-06 |website=Financialexpress |language=en}}
In October 2024, PVR INOX partnered with Khushi Advertising to drive cinema advertising in South India, with Khushi Advertising appointed as the exclusive ad-sales affiliate for this region.{{Cite news |date=2024-10-09 |title=PVR-INOX secures strategic partnership with Khushi Advertising to drive cinema advertising in South India |url=https://economictimes.indiatimes.com/industry/media/entertainment/pvr-inox-secures-strategic-partnership-with-khushi-advertising-to-drive-cinema-advertising-in-south-india/articleshow/114083364.cms?from=mdr |access-date=2024-12-19 |work=The Economic Times |issn=0013-0389}}{{Cite web |date=2024-10-09 |title=PVR-INOX partners with Khushi Advertising for cinema advertising in South India |url=https://www.financialexpress.com/business/brandwagon-pvr-inox-partners-with-khushi-advertising-for-cinema-advertising-in-south-india-3635378/ |access-date=2024-12-19 |website=Financialexpress |language=en}}
Formats
= PVR Gold Screen =
PVR's first "Gold Screen" was launched in Indore in 2007.{{cite web|last=Raval|first=Anjli|date=July 21, 2010|title=India's thirst for gold hits the cinema|url=http://blogs.ft.com/beyond-brics/2010/07/21/indias-thirst-for-gold-hits-the-cinema/|url-status=live|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|access-date=Nov 8, 2016|newspaper=Financial Times|df=dmy-all}}
= PVR Superplex =
In 2014, PVR Cinemas introduced the Superplex format 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 also joined hands with a friend group and a business venture called FRIENDS CINEMA.{{Cite web|last=Ambwani|first=Meenakshi Verma|title=PVR Superplex, its different|url=https://www.thehindubusinessline.com/companies/PVR-Superplex-it%E2%80%99s-different/article20823628.ece|access-date=2021-12-26|website=@businessline|date=21 July 2014|language=en|archive-date=26 December 2021|archive-url=https://web.archive.org/web/20211226153242/https://www.thehindubusinessline.com/companies/PVR-Superplex-it%E2%80%99s-different/article20823628.ece|url-status=live}}
= IMAX (with Laser) =
IMAX is a proprietary system of high-resolution cameras, film formats, film projectors, and theatres known for having very large screens with a tall aspect ratio and steep stadium seating. It produces an image approximately ten times larger than that from standard 35 mm film.{{Cite web |last=Jha |first=Lata |date=20 December 2019 |title=PVR ups screening game with new IMAX laser technology |url=https://www.livemint.com/companies/news/pvr-ups-screening-game-with-new-imax-laser-technology-11576831871745.html |access-date=25 November 2023 |website=Livemint |archive-date=25 November 2023 |archive-url=https://web.archive.org/web/20231125082056/https://www.livemint.com/companies/news/pvr-ups-screening-game-with-new-imax-laser-technology-11576831871745.html |url-status=live }}
= PVR Playhouse =
PVR Playhouse includes a special movie auditorium showcasing children's movies/animated content. Along with a slide to play on, it offers bean bags and rubberised seats for kids and parents.{{Cite web|title=PVR Playhouse puts children in the picture|url=https://www.newindianexpress.com/cities/chennai/2019/jul/01/pvr-playhouse-puts-children-in-the-picture-1997563.html|access-date=2021-12-26|website=The New Indian Express|date=July 2019 |archive-date=26 December 2021|archive-url=https://web.archive.org/web/20211226153245/https://www.newindianexpress.com/cities/chennai/2019/jul/01/pvr-playhouse-puts-children-in-the-picture-1997563.html|url-status=live}} This format is available only in Bengaluru, Chennai, Delhi, Hyderabad, Indore and Mumbai.
= PVR 4DX =
In 2016, PVR's 4DX became the second movie theater chain in India to introduce 4DX in the country after Cinépolis.{{Cite news|last=Laghate|first=Gaurav|title=PVR to enhance cine experience with 4DX screens|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/media/entertainment/pvr-to-enhance-cine-experience-with-4dx-screens/articleshow/55861852.cms?from=mdr|access-date=2021-12-26|archive-date=26 December 2021|archive-url=https://web.archive.org/web/20211226153245/https://economictimes.indiatimes.com/industry/media/entertainment/pvr-to-enhance-cine-experience-with-4dx-screens/articleshow/55861852.cms?from=mdr|url-status=live}}
= PVR ICE =
In 2022, PVR Cinemas introduced the first ICE Theatres format in Delhi NCR.{{Cite web|last=Khan|first=Zeba|title=PVR Cinemas launches first Ice Theatres format in India and Asia Pacific region|url=https://www.wionews.com/entertainment/pvr-cinemas-launches-first-ice-theatres-format-in-india-and-asia-pacific-region-544723|access-date=2022-12-20|website=WION|date=20 December 2022|language=en|archive-date=21 August 2023|archive-url=https://web.archive.org/web/20230821230623/https://www.wionews.com/entertainment/pvr-cinemas-launches-first-ice-theatres-format-in-india-and-asia-pacific-region-544723|url-status=live}} This was the first ICE in India and Asia Pacific Region.
== P[XL] ==
PXL Screen is a theatre design or technology introduced by PVR that aims to transform the movie-going experience. It is watching a movie in PVR with an extra-large [XL] experience in the form of improved seating, audio-visual quality and screen size.{{Cite web |last=Srinivasan |first=Latha |date=28 August 2022 |title=IMAX, Qube EPIQ, PVR P[XL] - the business of premium large screen format cinemas in India |url=https://www.moneycontrol.com/news/trends/entertainment/imax-qube-epiq-pvr-pxl-the-business-of-premium-large-screen-format-cinemas-in-india-9097501.html |access-date=25 November 2023 |website=Moneycontrol |archive-date=25 November 2023 |archive-url=https://web.archive.org/web/20231125082107/https://www.moneycontrol.com/news/trends/entertainment/imax-qube-epiq-pvr-pxl-the-business-of-premium-large-screen-format-cinemas-in-india-9097501.html |url-status=live }}
PVR INOX Passport
Passport: In an effort to attract larger audiences to theatres, PVR INOX launched the PVR INOX Passport in October 2023, a subscription-based model. Priced at ₹699 per month, it allowed subscribers to watch up to 10 movies a month on weekdays.{{Cite web |last=Kaushal |first=Sweta |title=Indian Cinema Chain Launches Movie Theatre Subscription Plan: PVR INOX Passport |url=https://www.forbes.com/sites/swetakaushal/2023/10/17/indian-cinema-chain-launches-movie-theatre-subscription-plan-pvr-inox-passport/ |access-date=2024-12-27 |website=Forbes |language=en}}
Passport 2.0: After the successful pilot run of the initial Passport model, PVR INOX introduced Passport 2.0 in March 2024. The new version was priced at ₹349, offering subscribers four weekday cinema visits per month. In April 2024, the company reopened new subscriptions after selling over 50,000 subscriptions within the first two weeks of its launch.{{Cite web |date=2024-03-26 |title=Passport to full house |url=https://www.financialexpress.com/business/brandwagon-passport-to-full-house-3436583/ |access-date=2024-12-27 |website=Financialexpress |language=en}}
Awards
=For PVR INOX=
- 2023 - Afaqs Brand Storyz for 'Best Campaign of the Year (Multimedia)'{{Cite web |date=6 December 2023 |title=Afaqs BRAND STORYZ - Awards for the Best in Content Marketing |url=https://events.afaqs.com/brandstoryz/Awards/winners |access-date=26 January 2024 |website=www.afaqs.com |archive-date=28 January 2024 |archive-url=https://web.archive.org/web/20240128110543/https://events.afaqs.com/brandstoryz/Awards/winners |url-status=live }}
- 2023 - PVR INOX was honoured with India’s Top Multiplex Chain of the Year (By Screen Count) and Best Technology Adopter of the Year award in Big Cine Expo Awards{{Cite web |title=BIG CINE AWARDS ::: 2023 |url=https://www.bigcineawards.com/awards23.php |access-date=2024-12-19 |website=www.bigcineawards.com}}
=INOX Leisure=
- 2005 - 'ICICI Entertainment Retailer of the Year' Award.
- 2006 - TAAL Multiplexer Award.{{citation needed|date=June 2022}}
- 2007 - Emerging Superbrand of the year.{{citation needed|date=June 2022}}
- 2016 - Big Cine Expo Awards' Best Technology Adopter of the Year{{cite web|title=Big Cine Expo 2016 Winners|url=https://www.bigcineexpo.com/awards|access-date=2021-09-01|work=bigcineexpo.com|archive-date=4 November 2023|archive-url=https://web.archive.org/web/20231104075035/https://www.bigcineexpo.com/awards|url-status=live}}
- 2017 - India Retail Forum's Entertainment Retailer of the Year{{cite news|date=22 September 2017|title=INOX Leisure Wins Entertainment Retailer of the Year and Two More Awards for Technology at India Retail Forum 2017|publisher=prnewswire.com|url=https://www.newindianexpress.com/business/2020/jun/09/company-has-sufficient-liquidity-to-fund-business-operations-for-next-6-months-inox-leisure-2154225.html|access-date=26 October 2021|archive-date=26 October 2021|archive-url=https://web.archive.org/web/20211026133502/https://www.newindianexpress.com/business/2020/jun/09/company-has-sufficient-liquidity-to-fund-business-operations-for-next-6-months-inox-leisure-2154225.html|url-status=live}}
= For PVR Cinemas =
- 2016 - Images Retail ‘Most Admired Retailer of the Year’.{{Cite web |date=26 September 2016 |title=Domino's leads awardees with multiple honours at IMAGES Retail Awards 2016 |url=https://www.indiaretailing.com/2016/09/26/dominos-leads-awardees-multiple-honours-images-retail-awards-2016/ |access-date=26 January 2024 |website=www.indiaretailing.com |archive-date=28 January 2024 |archive-url=https://web.archive.org/web/20240128110542/https://www.indiaretailing.com/2016/09/26/dominos-leads-awardees-multiple-honours-images-retail-awards-2016/ |url-status=live }}
- 2017 - ‘International Exhibitor of the Year’ at CineAsia 2017.{{Cite web |date=19 December 2017 |title=PVR's Ajay Bijli awarded 'Asian Exhibitor of the Year' at CineAsia 2017 |url=https://economictimes.indiatimes.com/magazines/panache/pvrs-ajay-bijli-awarded-asian-exhibitor-of-the-year-at-cineasia-2017/articleshow/62128510.cms?from=mdr |access-date=26 January 2024 |website=Economic Times |archive-date=28 January 2024 |archive-url=https://web.archive.org/web/20240128110542/https://economictimes.indiatimes.com/magazines/panache/pvrs-ajay-bijli-awarded-asian-exhibitor-of-the-year-at-cineasia-2017/articleshow/62128510.cms?from=mdr |url-status=live }}
- 2017 - Big Cine Expo India’s Top Multiplex Chain of the Year (By Screen Count).{{Cite web |title=BIG CINE AWARDS ::: 2017 |url=https://www.bigcineawards.com/awards17.php |access-date=2024-01-28 |website=www.bigcineawards.com |archive-date=28 January 2024 |archive-url=https://web.archive.org/web/20240128110542/https://www.bigcineawards.com/awards17.php |url-status=live }}
- 2017 - ‘Dream Company to work for – Entertainment’ at Dream Companies to work for (Asia Edition).{{Cite web |title=Dream Companies to Work for |url=https://dreamcompaniestoworkfor.org/award_winners.html |access-date=2024-01-28 |website=dreamcompaniestoworkfor.org |archive-date=28 January 2024 |archive-url=https://web.archive.org/web/20240128110543/https://dreamcompaniestoworkfor.org/award_winners.html |url-status=live }}
- 2018 - ‘Rank 28’ at Dream Companies to Work for (7th Edition).
- 2018 - ‘Best Tech Award supporting Energy Efficiency’ at Future of Energy Management Summit & Awards 2018.{{Cite web |title=Future of Energy Management Summit & Awards 2018 |url=https://www.transformanceforums.com/futureenergy/ |access-date=2024-01-28 |website=www.transformanceforums.com}}
- 2019 - ‘Most Outstanding Company in India’ in the media sector at Asiamoney Asia’s Outstanding Companies Poll 2019.{{Cite web |date=2019-09-25 |title=Asiamoney Asia's Outstanding Companies Poll 2019: Results by sector in each market |url=https://www.asiamoney.com/article/b1gy07csbpv14g/asiamoney-asias-outstanding-companies-poll-2019-results-by-sector-in-each-market |access-date=2024-01-28 |website=Asiamoney |language=en}}
- 2020 - ‘Most Outstanding Company in India’ in the media sector at Asiamoney Asia’s Outstanding Companies Poll 2020.{{Cite web |date=2020-09-21 |title=Asia's Outstanding Companies Poll 2020 |url=https://www.asiamoney.com/article/178jpplzjljf2aywdu3w4ew9mkzazhkigp5cmtfk3ayzxqi9tc/polls/asias-outstanding-companies-poll/asias-outstanding-companies-poll-2020-1 |access-date=2024-01-28 |website=Asiamoney |language=en |archive-date=28 January 2024 |archive-url=https://web.archive.org/web/20240128110544/https://www.asiamoney.com/article/178jpplzjljf2aywdu3w4ew9mkzazhkigp5cmtfk3ayzxqi9tc/polls/asias-outstanding-companies-poll/asias-outstanding-companies-poll-2020-1 |url-status=live }}
- 2021 - PVR Nest awarded Indian Achiever’s Forum’s Brand Impact Awards 2021-22.
- 2021 - Most Outstanding Company in India in Media Sector at Asiamoney Asia’s Outstanding Companies Poll 2021.{{Cite web |date=2021-09-19 |title=Asia's Outstanding Companies Poll 2021 |url=https://www.asiamoney.com/article/178jpplzjljf2aywdu3w4ew9mkzazhkigp5cmtfk3ayzxqi9tc/polls/asias-outstanding-companies-poll/asias-outstanding-companies-poll-2021 |access-date=2024-01-28 |website=Asiamoney |language=en}}
- 2021 - IMAGES Most Admired Retailer- Entertainment at Images Retail Awards 2021.{{Cite web |title=Retail Awards, Retail Industry, Business Awards for Excellence on November 11, 2021 at Renaissance Mumbai, Mumbai {{!}} IMAGES RETAIL AWARDS (IRA) 2021 |url=https://www.imagesretailawards.com/ |access-date=2024-01-28 |website=Food, Fashion & Retail Real Estate Awards, Retail Industry, Business Awards for Excellence on Nov 11, 2021 at Renaissance Mumbai Convention Centre Hotel Mumbai {{!}} IMAGES RETAIL AWARDS (IRA) 2021 |language=en-US |archive-date=3 December 2023 |archive-url=https://web.archive.org/web/20231203010251/https://imagesretailawards.com/ |url-status=live }}
- 2022 - IMAGES Most Admired Multiplex Operator of the Year at Images Retail Awards 2022.{{Cite web |title=Retail Awards, Retail Industry, Business Awards for Excellence on November 11, 2021 at Renaissance Mumbai, Mumbai {{!}} IMAGES RETAIL AWARDS (IRA) 2021 |url=https://www.imagesretailawards.com/ |access-date=2024-01-28 |website=Food, Fashion & Retail Real Estate Awards, Retail Industry, Business Awards for Excellence on Nov 11, 2021 at Renaissance Mumbai Convention Centre Hotel Mumbai {{!}} IMAGES RETAIL AWARDS (IRA) 2021 |language=en-US |archive-date=3 December 2023 |archive-url=https://web.archive.org/web/20231203010251/https://imagesretailawards.com/ |url-status=live }}
- 2022 - India’s Top Multiplex Chain of the Year in Big Cine Awards 2022.{{Cite web |title=BIG CINE AWARDS ::: 2022 |url=https://www.bigcineawards.com/awards22.php |access-date=2024-01-28 |website=www.bigcineawards.com |archive-date=28 January 2024 |archive-url=https://web.archive.org/web/20240128110542/https://www.bigcineawards.com/awards22.php |url-status=live }}
- 2022 - CSR Journal Excellence Awards in the Health and Sanitation Category organized at National Stock Exchange (NSE), Mumbai.{{Cite web |last=Journal |first=The CSR |date=2023-02-22 |title=Fifth Edition of The CSR Journal Excellence Awards to be hosted on 25th February 2023 at NSE, Mumbai |url=https://thecsrjournal.in/fifth-edition-the-csr-journal-excellence-awards-nse-mumbai-corporate-social-responsibility-csr-news/ |access-date=2024-01-28 |website=The CSR Journal |language=en-GB |archive-date=28 January 2024 |archive-url=https://web.archive.org/web/20240128110542/https://thecsrjournal.in/fifth-edition-the-csr-journal-excellence-awards-nse-mumbai-corporate-social-responsibility-csr-news/ |url-status=live }}
- 2022 - PVR NEST in Sabera 2022 Awards in the category ‘Innovative Development Sector Project.{{Cite web |title=Sustainable Innovation |url=https://www.sabera.co/sustainable-innovation/ |access-date=2024-01-28 |language=en-US |archive-date=28 January 2024 |archive-url=https://web.archive.org/web/20240128110542/https://www.sabera.co/sustainable-innovation/ |url-status=live }}
- 2023 - Rising Star Awards in Fortune India's annual list of top 500 emerging companies.{{Cite web |date=2023-07-08 |title=Fortune India TheNext500 awards: Find out this year's leading stars, rising stars, sectoral stars |url=https://www.fortuneindia.com/multimedia/fortune-india-thenext500-awards-find-out-this-years-leading-stars-rising-stars-sectoral-stars/113310 |access-date=2024-01-28 |website=www.fortuneindia.com |language=en |archive-date=28 January 2024 |archive-url=https://web.archive.org/web/20240128110542/https://www.fortuneindia.com/multimedia/fortune-india-thenext500-awards-find-out-this-years-leading-stars-rising-stars-sectoral-stars/113310 |url-status=live }}
Gallery
File:Pvr saket.jpg|PVR Saket, New Delhi (December 2005)
File:PVR Cinemas.jpg|PVR Vikas Puri, New Delhi (November 2007)
File:Phoenix Marketcity (Mumbai) - PVR Cinemas.jpg|PVR Phoenix Marketcity, Mumbai (October 2010)
File:The Acropolis Mall.JPG|PVR Acropolis, Ahmedabad (January 2012)
File:PVR Latur.jpg|PVR Latur (October 2009)
File:PVR Vega city mall, Bengaluru .jpg|PVR Vega City Mall, Bengaluru (July 2018)
File:PVR Ranchi.jpg|PVR Nucleus Mall, Ranchi (May 2022)
File:PVR Cinemas,Sattva Divinity Global Mall,Bengaluru.jpg|PVR Sattva Divinity Global Mall, Bengaluru (June 2023)
File:PVR Forum Falcon City,Bengaluru.jpg|PVR Forum Falcon City, Bengaluru(July 2023)
File:A still of the INOX Multiplex Theatre which is one of the venue for the 36th International Film Festival of India, 2005 in Panaji, Goa on November 23, 2005.jpg|36th International Film Festival of India (IFFI-2005) at INOX Panaji (November 2005)
File:A long queue of cine goers at INOX Multiplex during the 37th International Film Festival (IFFI-2006) in Panaji, Goa on November 24, 2006.jpg|37th International Film Festival of India (IFFI-2005) at INOX Panaji (November 2006)
File:Iffi goa 2012.jpg|43rd International Film Festival of India (IFFI-2014) at INOX Panaji (November 2012)
File:Inox multiplex1.JPG|INOX Multiplex, Pune (October 2012)
File:Inox Multiplex Srinagar.jpg|alt=One of the three halls of INOX Multiplex Srinagar. The cinema will be thrown open for general people in the September 2022.|INOX Multiplex Srinagar. (September 2022)
File:A view of ‘INOX’ Multiplex Theatre, which is one of the venues for the 45th International Film Festival of India (IFFI-2014), in Panaji, Goa on November 20, 2014.jpg|45th International Film Festival of India (IFFI-2014) at INOX Panaji (November 2014)
File:INOX Margao.jpg|INOX Margao, Goa (April 2015)
File:City Mall at Yamuna Nagar.png|City Mall at Yamuna Nagar
File:PVR Aero Hub in Chennai.jpg|PVR Aero Hub in Chennai
File:PVR Bhartiya Mall in Bengaluru.jpg|PVR Bhartiya Mall in Bengaluru
File:PVR Elan Town Centre in Gurugram.jpg|PVR Elan Town Centre in Gurugram
File:PVR Hinjewadi in Pune.jpg|PVR Hinjewadi in Pune
File:PVR INOX Pacific Mall in Jasola.jpg|PVR INOX [https://pacificmalls.in/jasola Pacific Mall] in Jasola
File:PVR INOX Superplex Mall of India in Noida.jpg|PVR INOX Superplex Mall of India in Noida
File:PVR Lulu in Lucknow.jpg|PVR Lulu in Lucknow
File:PVR Lulu in Thiruvananthapuram.jpg|PVR Lulu in Thiruvananthapuram
File:PVR LUXE in Chennai.jpg|PVR LUXE in Chennai
File:PVR Mall of Jaipur.jpg|PVR Mall of Jaipur
File:PVR REX Director's Cut in Bengaluru.png|PVR REX Director's Cut in Bengaluru
File:Mr Ajay Bijli won the EY award for Business Transformation.jpg|EY Entrepreneur of the year Award for Business Transformation in 2013
See also
References
{{Reflist}}
{{Authority control}}
External links
- {{URL|pvrcinemas.com}}
- {{URL|inoxmovies.com}}
{{Cinema Chains in India}}
{{Cinema in Kolkata}}
{{Nifty 200 companies}}
Category:1997 establishments in Delhi
Category:1999 establishments in Maharashtra
Category:2023 mergers and acquisitions
Category:Cinema chains in India
Category:Companies based in Delhi
Category:Companies based in Mumbai
Category:Companies listed on the Bombay Stock Exchange
Category:Companies listed on the National Stock Exchange of India
Category:Entertainment companies established in 1997
Category:Entertainment companies established in 1999
Category:Film production companies based in Mumbai
Category:Indian companies established in 1997
Category:Indian companies established in 1999