|Photo: The Hindu|
Having run a software services firm AlbionOrion Corporation from the US, Potluri sold his business to the Kalpathi family-controlled SSI for $63 million in 2000. In 2007, he re-entered the Chennai scene with another transaction with the Kalpathis. Potluri raised eyebrows in business circles, when he purchased the 70-acre Binny Mills property from the Kalpathis for Rs.850 crore. In 2008, PVP ventures sold its hotel property in Ooty through its subsidiary AGS Hotels and Resorts to Mahindra Holidays for Rs.33 crore. In 2011, the company sold its 90-ground prime property at Vadapalani in Chennai to education group SRM for Rs.140 crore.In 2009, Nirmal Bang, an equity research firm gave a target of Rs.60, for the scrip of PVP Ventures Ltd. The market cap of the company at the CMP of Rs.8.13 is only around Rs.199.23 Cr. The Book Value of the shares of the company is Rs.26.99.