It's one of the lesser known awards shows of the season.

But that didn't stop Jennifer Lawrence and Keira Knightley making their style statements on the red carpet at the Producers Guild Awards on Saturday.

While Jennifer dazzled in a shimmering Prada gown with plunging neckline, mother-to-be Keira opted for a more modest design.

Scroll down for video

Leading ladies: Jennifer Lawrence and Keira Knightley displayed their individual styles on the red carpet at the Producers Guild Awards on Saturday

Jen, 24, was radiant in her nude number which featured Grecian style ruching and silver embellished blocks on the shoulders and body.

Adding another seductive edge was a thigh-high split which revealed a glimpse of her gold platform heels.

Her sun-kissed blonde locks were pinned up into a messy chignon and she wore smokey eye-shadow and a touch of lip gloss.

Super glam: Jennifer, 24, dazzled in a plunging nude gown with silver embellishments

Stunning: The Hunger Games star showed off the back of the beautiful gown

So elegant: Jen's dress featured Grecian style ruching and cut-out shoulders which highlighted her slender frame

Hollywood star: The actress looked like a classic Hollywood beauty on the red carpet at the Hyatt Regency in Los Angeles

Keira, who is expecting her first child with husband James Righton, glowed in a pretty smock dress with floral mosaic skirt.

Her chest and upper arms were covered with a white voluminous blouse top featuring cut-out flowers decorating the neckline and sleeves.

On her feet the Pride & Prejudice star sported black suede pumps and wore her brunette tresses in an intricate braid down her back.

Designer: The Oscar-winning star wore a Prada dress and shoes

Pregnancy chic: The 29-year-old mother-to-be wore a pretty smock dress as she was joined by musician husband James Righton

All about the details: Although modest, Keira's dress featured a plunging back

There it is: The pretty frock disguised her burgeoning baby bump until the Begin Again star turned to the side

This year's Producers Guild Awards - held at the Hyatt Regency in Century City, Los Angeles - promises to be a tight race between Birdman and Boyhood.

The two films are front runners for awards season this year and are nominated along with a slew of small movies for the top Producers Guild Award, a reliable predictor of the best picture Oscar.

Also up this year for a producing award is Brad Pitt for his work on HBO's The Normal Heart in the long-form television category.

Her style: Actress Felicity Jones wore a beautiful smokey grey Valentino gown with sheer sleeves

Unique style: Homeland star Claire Danes was chic in a shimmering black Roksanda dress with vibrant swathes of fabric across her midsection

Man of the moment: Eddie Redmayne looked handsome in his black tuxedo suit

Star-studded: Actress America Ferrera and rapper Common opted for all black ensembles

Golden girl: Downton Abbey star Allen Leech and UK TV host Charlie Webster cut a glamourous couple

Among the 10 films nominated for outstanding producer for a motion picture were noir LA drama Nightcrawler and the tale of a drummer's obsession in Whiplash, both small independent films with Oscar chances.

The notable exclusions were two films that opened December 25, Angelina Jolie's second film as director, the World War Two survival story Unbroken, and the civil rights drama Selma.

Low key glamour: Reese Witherspoon - star of Wild - donned smart black trousers and a pretty red top

Natural beauty: Kerry Washington dazzled in a strapless dress with embroidered skirt

Newlyweds: Jeff Goldblum was in great spirits and held wife Emilie's hand as they posed for photographers

Clint Eastwood's portrayal of an Iraq war hero in American Sniper made the list, as did two British biopics, The Imitation Game and The Theory of Everything.

Rounding out the nominations were the film adaptation of the best-selling novel Gone Girl, the American wrestling tragedy Foxcatcher and the offbeat period comedy The Grand Budapest Hotel.

Birdman, a satire of show business, and Boyhood, a coming-of-age drama filmed over 12 years with the same actors, are the favourites going into the awards show.

Another win?: Boyhood director Richard Linklater and the film's stars Ellar Coltrane (with guest) and Ethan Hawke took a turn on the red carpet

Sibling love: Ethan, 44, was accompanied by his sister

Hollywood hunk: Magic Mike star Matt Bomer cut a fine figure in his smart black suit

Polished: Birdman star Ed Norton and wife Shauna Robertson looked super stylish as they arrived at the event

Making a statement: Lauren Cohen arrived looking statuesque in a black dress with gold capped sleeves

The Producers Guild of America has 6,700 members, and in its 25 years handing out its top award has managed to choose the eventual winner of the Academy Award for best picture for the last seven years.

In fact over the last 25 years it has agreed with the Oscars 18 times on the Best Picture winner.

Peek-a-boo: Christian Serratos showcased her figure in a grey strapless number with sheer panel

Red hot: Julia Louis-Dreyfus donned a pretty black dress with lace and floral detail

Sleek silhouettes: The Walking Dead's Sarah Wayne Callies and Jurassic World actress Judy Greer arrived in long dark gowns