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UFO Moviez plans to set up at least 20 screens in non-metro regions

30 Sep 2016 Evaluate

In order to set up at least 20 screens in non-metro regions by next year, UFO Moviez India is planning to invest Rs 15 crore. In this regard, the company has shortlisted five franchisees including in Maharashtra, Punjab and Gujarat.

The company will be following the franchisee model for its business and the first screen is expected to be up and running by November in Moga, Punjab.

UFO Moviez, a digital cinema distribution network and in-cinema advertising platform, has launched Nova Cinemas under its subsidiary Valuable Digital Screens (VDSPL).

 

UFO Moviez Share Price

72.06 0.53 (0.74%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
PVR 938.05
Saregama India 344.55
Shemaroo Entertain. 105.35
Balaji Telefilms 94.39
UFO Moviez 72.06
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