Close on the heels of his team's Kolkata Knight Riders' victory at this year's Indian Premier League, it appears that Shah Rukh Khan is looking to extend his winning streak to the stock markets as well. (Pics: SRK celebrates KKR's victory with fans)
According to reports, SRK is planning to list his media company at the stock exchange in order to rake in some money to support the ongoings at his production house and to consolidate his interests in television, sports and even special effects in Bollywood.
And while Shah Rukh Khan has been putting in most of the money into his ventures from his own pockets, reports suggest that this attempt at the stock markets is being made to ease the financial burden. (Read: SRK takes over the world! After cricket, it's education)
A source said, "Shah Rukh had planned to take his company public. The company is not only a film making division but it is also a major stake holder in the Kolkata franchise of IPL."
In fact, SRK is the only team owner who doesn't have his own public listed company, unlike other team owners.(Read: Past failures have made me more humble: Shah Rukh Khan)
Sources from the Bombay Stock Exchange said, "Shah Rukh's company had planned an Initial Public Offering (IPO) which was supposed to coincide with his mega budget venture RA.One
. But given the market conditions then, it was decided that it wasn't the right thing to do at that moment."
In fact, we hear that his new office building in Khar was also built in a great rush for the impending IPO.
Now, with his team winning this year's Indian Premier League and his career going the right way again, sources suggest that he might start working on the IPO all over again. (Read: Shah Rukh Khan - Live life King Khan size)
A source said, "Shah Rukh wants to diversify into sports; he recently shown an interest in purchasing a football team."