Karan Johar's look in "Bombay Velvet"
Karan Johar's look in "Bombay Velvet"Twitter

Anurag Kashyap's directorial film "Bombay Velvet" starring Ranbir Kapoor, Anushka Sharma and Karan Johar has failed to draw audience in the opening weekend.

Contrary to trade analysts and moviegoers' expectations, the film has bombed at the box office in its debut weekend. The opening weekend box office collection of "Bombay Velvet" stands at ₹16.10 crore.

The film failed to show growth at ticket sales and the three days box office collection of the film are in the same range.

"#BombayVelvet is a DEBACLE! Fri 5.20 cr, Sat 5.10 cr, Sun 5.80 cr. Total: ₹ 16.10 cr. India biz," trade analyst Taran Adarsh tweeted.

According to reports, the film has incurred huge losses and has set a new benchmark. Boxofficeindia.com reported that the loss is close to ₹100 crore as the production cost is more than ₹ 120 crore.

The trade website further reports that the film has broken the records of Abhishek Bachchan's "Drona", Hrithik Roshan and Aishwarya Rai Bachchan's "Guzaarish" and other films in terms of huge losses to the producers.

Meanwhile, director Anurag Kashyap took to Facebook to say that he wasn't depressed by the box office response and the debacle of the film worldwide.

"It's time to close the book and move on. It's been a journey, as if one life is over with 'Bombay Velvet'. A lot of people do not connect with it and a small number of people did... Maybe our experimenting with the narrative didn't work for most but I firmly believe in the film," Kashyap posted on Facebook on Sunday.

"This is the film I wanted to make and I am glad I got to make it. I am very happy that all those who have been part of this journey firmly stand with it. No, I am not depressed or hiding, this has taught us a lot and is my absolute personal favourite, there have been no regrets whatsoever," he added.

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