Bollywood actor-turned-producer Shah Rukh Khan on Wednesday said he has no plans to list his production and distribution company--Red Chillies Entertainment.
Red Chillies, an Indian motion picture production firm, was founded by Shah Rukh Khan and his wife Gauri Khan along with actress Juhi Chawla in 2002.
The company also has a visual effects studio known as Red Chillies VFX.
"I have no plans to come out with any IPO for Red Chillies. I have very less knowledge and experience of the stock market and investment unfortunately. I am happy my friends are here and feel good whenever a media company gets listed on the stock exchange," Shah Rukh Khan said at the listing ceremony of global distribution company Eros International.
King Khan, who reached late by 5 min, experienced the listing after the company and the host BSE literally turned back time for the superstar.
Red Chillies, which has produced some big-ticket movies such as Main Hoon Na, My Name Is Khan, Chak De India, Jhoom Barabar Jhoom, Drona, Om Shanti Om, Dostana and Kurbaan, is currently a part of sci-fi thriller Ra One.
Source: http://profit.ndtv.com/news/show/no-ipo-plans-for-red-chillies-as-of-now-srk-105665
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