These upcoming movies from Akshay Kumar, Aamir Khan and Ajay Devgn will get a boost as PVR, INOX and other screens in Maharashtra open next month

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These upcoming movies from Akshay Kumar, Aamir Khan and Ajay Devgn will get a boost as PVR, INOX and other screens in Maharashtra open next month
BCCL
  • Shares of multiplex chains Inox Leisure, PVR rallied on Monday as Maharashtra reopens theatres from October 22.
  • With this, movies like Sooryavanshi, Bunty Aur Babli 2, Shahid Kapoor-starrer Jersey, Aamir Khan’s Laal Singh Chaddha can be viewed in theatres.
  • Maharashtra is one of the biggest markets for the theatre industry as it contributes 25-30% to a Hindi film's box office collections.
Movie buffs in Maharashtra will be able to watch their favourite stars’ new releases in theatres from October 22. On Saturday, the state’s Chief Minister Uddhav Thackeray announced the reopening of theatres in the state bringing a relief to the theatre industry.

Theatres and auditoriums will be reopened in Maharashtra from October 22, Thackeray tweeted on September 25.


This is positive news for multiplex companies as the state reportedly contributes 25-30% to a Hindi film's box office collections, making it key to big Bollywood releases. In fact, shares of PVR, Inox Leisure rallied on stock exchanges on Monday as investors showed their excitement of theatres reopening.
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On Monday, shares of multiplex companies PVR and Inox Leisure surged to reach their 52-week high of ₹1,662.20 and ₹412.20 respectively.

These upcoming movies from Akshay Kumar, Aamir Khan and Ajay Devgn will get a boost as PVR, INOX and other screens in Maharashtra open next month
Flourish chart/BSE data

The announcement came after Thackeray’s discussion with filmmakers Rohit Shetty and Kunal Kapoor, theatre personality Makarand Deshpande, Marathi actors Subodh Bhave, Aadesh Bandekar and other party members.

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“Opening of Maharashtra is specifically significant because 18% of our screen strength lies in the state, the highest in our circuit and serves as a focal centre for the entertainment industry," said Gautam Dutta, chief executive officer (CEO), PVR to Moneycontrol.

Alok Tandon, CEO, INOX Leisure reportedly said that with this announcement, content producers would also plan their releases, which should strengthen the Hindi film content pipeline in the months to come and usher in better health for the cinema exhibition industry.

These upcoming movies from Akshay Kumar, Aamir Khan and Ajay Devgn will get a boost as PVR, INOX and other screens in Maharashtra open next month
Flourish chart/BSE data

The green signal to screen movies in theatres in Maharashtra led to many announcements from movie makers. Reportedly, Rohit Shetty’s Sooryavanshi has been announced to release on Diwali, in November. The film will be followed by the release of Bunty Aur Babli 2 on November 19, starring Saif Ali Khan, Rani Mukerji, Siddhant Chaturvedi and Sharvari Wagh.
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The much awaited Ranveer Singh’s sports drama movie ‘83’ will be screened on Christmas this year in theatres. Another sports movie ‘Jersey’ starring Shahid Kapoor will release on December 31, 2021. Meanwhile, Suniel Shetty’s son Ahan Shetty's debut film Tadap is slated to release on December 3.

2022 line-up

  • Akshay Kumar's Prithviraj on January 21
  • Aamir Khan’s Laal Singh Chaddha on Valentine's Day
  • Ranveer Singh's Jayeshbhai Jordaar on February 25.
  • Akshay’s Bachchan Pandey on March 4
  • Ranbir Kapoor’s Shershaah on March 18
  • Kartik Aaryan’s Bhool Bhulaiyaa 2 on March 25
  • KGF 2 set for April 14
  • Ajay Devgn's Mayday on April 29
  • Tiger Shroff's Heropanti 2 on May 6
Several big budget films such as Gangubai Kathiawadi, Brahmāstra, and Pathan are yet to reveal their release dates.

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