Close at the heels of his team’s victory at this year’s IPL, it seems that Shah Rukh Khan is calling to increase his winning streak to the stock market to boot.
Word is that SRK plans to list his media company on the stock exchange so as to rake in some moolah to support the ongoings on the production house and to consolidate his interests in television, sports or even special effects in Bollywood.
And while SRK have been putting in place the various money into his ventures from his own pockets, buzz is this attempt on the stock markets is being made to ease the financial burden.
Our sources with regards to his production company tell us, “Shah Rukh had planned to take his company public. The corporate isn't just a film making division nevertheless it may be a huge stake holder within the Kolkata franchise of IPL.” In fact, SRK is the one team owner who doesn’t have his own public listed company, unlike other team owners.
Sources from the Bombay Stock Exchange tell us, “Shah Rukh’s company had planned an Initial Public Offering (IPO) which was supposed to coincide along with his mega budget venture RA.One.
But given the market conditions then, it was decided that it wasn’t the best thing to do at that moment.” In fact, we hear that his new office building in Khar was also inbuilt an ideal rush for the impending IPO.
Now, along with his team winning this year’s IPL and his career going the precise way again, sources suggest that he might start engaged on the IPO once more. Sources on the subject of him say, “Shah Rukh desires to diversify into sports; he recently shown an interest in purchasing a football team.”
