Bollywood Hungama
Last Updated 21.08.2018 | 1:04 PM IST
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RGV makes his company public; Rs.100 crore IPO

Ram Gopal Varmas production company, RGV Film Factor Limited (RGVFFL) will soon be going public. There is an IPO of Rs.100 crore. This process will take place in the next three months. Varma believes that India has the largest market for feature films. This decision of going public will enable the easy procurement of funds for the company. Indian films have the potential for becoming a force to reckon with in the international market. They believe that the entertainment industry can be corporatized. RGV was also in the news for his deal with Adlabs Films Ltd., through which they will venture into film production, distribution, an audio company, television channel and an entertainment Magazine. Talking about the decision to go public, Varma stated that his years in the film industry taught him to finish projects on time, in an economic manner. He hopes to bring the same value to his shareholders.

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