Monday, July 25, 2016

SRS Cinemas enters Jharkhand and visions to be no. 1 in the region

Delhi-July-25,2016( SRS Cinemas headquartered in Faridabad and one of the largest and burgeoning cinema chains launched its first “three-screen multiplex” in the city of Ranchi.With the unveiling of the multiplex, North India's leading diversified group reaches the 62 screen count in India.The multiplex has a total seating capacity of 881 and is equipped with a world–class technology to offer excellent movie viewing experience and audio-visual clarity to thecustomers, which is a hallmark of the SRS cinemas.Speaking on the launch on 22nd July in RanchiMr. Sunil Jindal, Managing Director at SRS Group said“We have strong reach in north and central India but we are planning to expand wings in the entire country. Committed to the expansion, Ranchi is our first step in Jharkhand; and it is also amongst the fastest growing states of the country. Apart from the operational properties, we are planning to reach up to 100 screens by end of year2016. We are also looking for newer malls to expand our footprint and to offer more delightful cinematic experience to movie-buffs in India. We already have signed many other properties in the state and aim to be number 1 multiplex in the eastern region.”
Mr. Tinku Singh, Group President & (CSO) Chief Strategy Officer, SRS Group added“Over a time span of 12 years; SRS Cinemas has grown from a single theater based to a large, mature player that is now a well-established name in Cinemas. Today we open our services for Ranchi people to enrich their movie viewing experience. We have a very strong pipeline of more than 50 screens in the best locations of the country and plan to continue ameliorating our services with upgraded technologies and best leisure experiences”.
SRS cinemas now operate across 17 cities that include Faridabad, Gurgaon, Ghaziabad, Allahabad, Lucknow, Ludhiana, Shimla, Agra, Saharanpur, Bareilly, Bhiwadi and others.
About SRS Group
Founded by Dr. Anil Jindal in 1986, The SRS Group headquartered in Delhi NCR runs a diversified business enterprise with a presence in entertainment & lifestyle, Real Estate, Financial services, Healthcare and retail sectors. Among others, it has 3 companies are listed on BSE and/or NSE, and the SRS Group as a whole has a turnover of over Rs 5000 crores. Its operations span across several cities in north India in addition to presence in Ahmedabad and Mumbai as well. 

Over a time span 12 years; SRS Cinemas has grown from a single theatre to a large, mature player that is now a well-established name in Cinemas. The company has its multiplexes across Faridabad, Gurgaon, Ghaziabad, Bijnor, Gorakhpur, Patiala, Ludhiana, Shimla, Lucknow, Bhiwadi, Agra, Hajipur and Saharanpur. With today’s launch, the company will have a presence across 17 cities with 21 Multiplex in North India.
SRS Cinemas has been awarded ‘Best Multiplex of the year- North’ in MULTIPLEX EXECELLENCE AWARDS endorsed by Asian Confederation of Businesses. SRS Group has been ranked as the 48th fastest growing company in 2013-14 by Business World (July 2014 issue)

SRS Group across verticals:
·         Jewellery - 7 retail showrooms, 4 wholesale offices, Domestic Manufacturing Facility, 1 Export Oriented Unit.
·         Cinemas- 62 screens and 22 properties.
·         Hospitality- 4 food courts
·         Retail- 31 physical stores and an ecommerce portal-
·         Mall- SRS Mall, Faridabad
·         Real Estate- Residences, Independent floors, farmhouses, townships, plotted, colonies, Villas, Corporate Tower, IT Parks, Hotels.
·         Health care-  SRS Sunflag Hospital, Faridabad
·         Education- SRS International School, Greater Faridabad
·         Financial Services- Memberships: BSE, NSE, MCX, NCDEX, MCX- SX, CDSL, NBFC ND-SI
·         Commodities- SAIF Zone, Sharjah, UAE
·         Mining- Faridabad & Palwal 2950 acres approx.