PVR Limited (NSEI:PVR) will look for inorganic growth opportunities. On January 27, 2021, PVR launched a qualified institutional placement (QIP) offering, aiming to raise as much as INR 8 billion by selling shares to institutional investors. "Our company proposes to utilize the net proceeds for (i) pre-payment and/or repayment of outstanding borrowings along with interest, (ii) ongoing capital expenditure, (iii) funding suitable organic and inorganic growth opportunities, including by way of investment in our subsidiaries, (iv) meeting short term & long term working capital requirements," PVR said in a filing with the stock exchanges.