Prakashchandra Nan, who was better known as Phonibabu in the industry, had established Rupabani Private Limited. This cinema was founded by a branch this company and was called The Premier Theatre Private Limited. The cinema was inaugurated on February 21, 1949. Ajit was its opening film. Aruna had three projector machines. The hall was among the famous Rupabani-Aruna-Bharati chain and used to follow the 1-4-7 showtime.