Shah Rukh to enter the stock market
King Khan plans to enlist his company to rake in some moolah
Shah Rukh Khan has always been known for his business acumen so it doesn’t come as a surprise that he is looking to cast his net wider. After his team Kolkata Knight Rider’s spectacular victory at the IPL, King Khan, say sources, plans to list his media company at the stock exchange. The objective is to raise money from the public for his production house and consolidate his interests in television, sports and special effects.
Shah Rukh’s company is not only a film making division but it is also a major stake holder in the Kolkata franchise of IPL. Interestingly, SRK is the only team owner in the IPL who doesn’t have his own public listed company, unlike other team owners.
A tabloid reports that 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.
Now, with his team winning this year’s IPL and his career going the right way again, sources suggest that he might start working on the IPO all over again. Shah Rukh has already diversified into other sports with reports of him showing interest in purchasing a football team.
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