Shree Ashtavinayak Cine Vision

Shree Ashtavinayak Cine Vision Ltd

Company type	Public
Traded as	BSE: 532793 NSE: SHREEASHTA
Industry	Motion picture
Founded	2001
Defunct	2014 (2014)
Fate	Suspended From Trading
Successor	Gandhar Films & Studios Private Limited
Headquarters	Mumbai, Maharashtra , India
Key people	Dhilin Mehta S.S Jaswal Hiren Gandhi Rupen Amlani
Products	Film production Film distribution

Shree Ashtavinayak Cine Vision Limited was a film production and distribution company that produced and distributed Hindi films. The chief of the company was Dhilin Mehta.

Television

Ashtavinayak Cine Vision produced the serial Amrapali on Doordarshan in 2002.

Company information

The company management includes the following people :-

• Dhilin Mehta - Chairman & Managing Director
• S. S. Jaswal - Director
• Rupen N. Amlani, Dhaval V. Jatania, Hiren J. Gandhi - Full Time Directors
• Ashok V. Ladhani, Chandrakant K. Sachde, Nishant A. Mahidhar, Hetal N. Thakore - Independent Non-Executive Directors

It is listed on the BSE with a BSE Code of 532793 and the NSE with an NSE Code of SHREEASHTA.

Its Registered office is at A-204/205, VIP Plaza, 2nd Floor, Off Andheri Malad Link Road, Mumbai, Maharashtra - 400053.^[1]

Initial years (2003–04)

The company entered Bollywood with Fun2shh... Dudes in the 10th Century (2003), which marked its first of many collaborations with music composers Pritam and duo Salim–Sulaiman, and actor Paresh Rawal. Next, it produced Agnipankh (2004), a film on pilots in the Indian Air Force, where Pritam and Salim–Sulaiman teamed up again to compose the music.

Early success (2005–06)

The company's first big hit came with David Dhawan's romantic comedy Maine Pyaar Kyun Kiya (2005), which starred Salman Khan, Sushmita Sen, the film's producer Sohail Khan, Katrina Kaif, Arshad Warsi and Isha Koppikar.

The next year, more prominence came in for the company as it produced the comedies Golmaal: Fun Unlimited (2006) and Bhagam Bhag (2006). While the former marked its first major collaboration with Ajay Devgn as well as director Rohit Shetty, the latter was one of the company's first of many collaborations with Akshay Kumar. Both films featured Rawal in prominent roles.

Jab We Met (2007)

The company produced the romantic comedy-drama Jab We Met, directed by Imtiaz Ali and starring Kareena Kapoor and Shahid Kapoor. It was released on 26 October 2007. The film was nominated for a number of awards, and received the Stardust Award for Best Film in 2008.

2008–present

In early 2008, the company produced Superstar starring Kunal Khemu. Late into the year, the company saw success with the hit Golmaal Returns, the sequel to Golmaal, whilst also producing Kidnap. At the end of the year, the company released Maharathi starring Boman Irani, Neha Dhupia, Ashwin Nayak, Om Puri, Paresh Rawal, Naseeruddin Shah and Tara Sharma. With the exception of Golmaal Returns, none of the films was successful at the box office.

Blue was Shree Ashtavinayak's biggest project till date with its budget set to INR 100 crores. It was an action film shot in The Bahamas and starring Sanjay Dutt, Akshay Kumar, Lara Dutta and Zayed Khan. However, the film performed poorly at the box office, and got predominantly negative reviews. It also released Luck with a negative result as it earned even less than Kidnap.

Dabangg, Shree Ashtavinayak's most commercial release performed very well at the box office, with its first day collection surpassing that of 3 Idiots, which was distributed by Big Pictures. Dabangg is one of biggest hits of Bollywood.^[2] 2010 also earned the company some acclaim and success with the comedies Khatta Meetha and Golmaal 3, which were successful.

Shree Ashtavinayak Cine Vision entered into Joint Venture with LFS Global for creating India's largest film city near Mumbai.^[3] In 2011, it produced the cult classic Rockstar, also directed by Ali. As the company faced judicial crisis, it halted operations after producing its final film, the 2012 comedy Bol Bachchan, also directed by Shetty.

However, on 20 June 2014, the company was suspended from trading. Additionally, the Bombay High Court assigned a liquidator after the company failed to pay its creditors.^[4] Later, it had to sell the rights of the Golmaal franchise to Shetty, who became a producer in 2014.

Some time later, in 2017–18, when Zee Entertainment Enterprises was rechristened with a new logo, theme and slogans, it syndicated the company's pre-2008 releases, and began broadcasting them on its channels, the only three exceptions being Fun2shh, Agnipankh and Maine Pyaar Kyun Kiya which were readily acquired by Viacom18. Currently, three titles, viz. Golmaal Returns, Khatta Meetha and Rockstar lie with Zee, one in Luck lies with Sony Pictures Networks India, three titles Golmaal: Fun Unlimited Bol Bachchan and Maine Pyaar Kyun Kiya lie with Disney Star, and all of the rest with Viacom18. Among the titles, the company's most successful release, Dabangg, lies jointly with Disney Star and Viacom18.

Gandhar Films & Studio

After Shree Ashtavinayak was suspended from trading, Gandhar Group took over its assets to venture into the entertainment sector. Thus, Gandhar Films & Studios Private Limited became the soul proprietor of Shree Ashtavinayak Cine Vison under Raj Mehta in 2021. Led by directors Kunal Kailash Parekh and Saurabh Ramesh Parekh, Gandhar Films continues the legacy of cinematic storytelling.

Films produced

Films produced under Gandhar Films & Studio

References

External links

• Shree Ashtavinayak at IMDb
• [1] at Moneycontrol.com

This page was last edited on 14 April 2024, at 15:41