"It's very bad. 'Bombay Velvet' earned just 16.25 crore. That should have been the day 1 collection instead of the weekend collection," trade analyst Komal Nahta told IANS. "But you can't compare 'Bombay Velvet' to other films because of its budget of Rs.108 crore. With that amount, it should have collected Rs.15 crore on day 1. The film is a colossal flop," he added. Another film expert, Vinod Mirani said "'Bombay Velvet' is a disaster". However, Kashyap has no regrets that the audience is not finding a connect with his film, which has been his dream project since nine years.
"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,” he posted on his Facebook page.
The one film which has continued its success story is Shoojit Sircar's slice-of-life entertainer "Piku", which has Amitabh Bachchan, Irrfan Khan and Deepika telling an endearing family tale through their lovable characters.
“Piku” is running successfully at the cinemas and has minted Rs.14.60 crore in its second weekend, which takes its total collection to Rs.56.02 crore. In its opening weekend, it minted over Rs.25 crore. Also, the film is being tagged as a hit overseas as it has earned $4.3 million (Rs.27.34 crore). In fact, Adarsh has called “Piku” the “BIGGEST HIT of 2015 in Overseas”.
As far as the future of “Bombay Velvet” and "Piku" on the box office is concerned, it will be decided by Kangana Ranaut and R. Madhavan-starrer “Tanu Weds Manu Returns”, which has quite a positive buzz about it.