Jan 05: Sooraj Barjatya obviously knows how to hit the news stands. If it’s not with his superhit Hindi films ,then it’s because of his actions. The tycoon is now on the verge of going public. Within the next two years, he says, but it could be sooner. He needs the cash as he intends to enter the field of television software. Since his Rajshri Productions has already produced around 49 Hindi feature films till date, the tycoon feels he has enough experience and believes it’s the most logical step towards the future of the company .

His Rajshri Group, houses companies such as Rajshri Productions, Rajshri Pictures and Rajshri International. Barjatya is now appointing consultants to design his listing plans on the domestic stock exchanges for his IPO . His group’s official turnover is apparently around Rs 250 crore. Before this, the tycoon had been busy with his tie-up with Subhash Chandra, where the two had formed Zee-Rajshri Film Distribution — an exclusive tie-up between the two companies, which now distributes and produces Hindi and other language films through offices all over India.

Barjatya will use his current network of 21 offices for an easy and transparent flow of box-office information to his producers, which is an advantage for him, as others follow a fragmented distribution network.

Barjatya’s expecting his film distribution business to bring in revenues to the tune of Rs 50 crore. You’ll have to wait and watch to find out whether all this points to a potentially listable company in the Bollywood tradition.