Nandamuri Balakrishna is busy shooting for his next film Paisa Vasool in the direction of Puri Jagannadh. The movie unit wrapped up a major schedule in Portugal and returned back to the country recently. The actor is all set to complete his part for the film by the first week of July. He signed his next movie in the direction of KS Ravikumar which has been titled Jayasimha. The film is said to be an action entertainer.

Jayasimha will be launched officially on July 10th followed by the regular shoot. The other cast of the film are being finalized and the makers are in plans to release it during Sankranthi next year. C Kalyan will produce the film and Devi Sri Prasad is composing the music. Balakrishna has interesting projects in pipeline and one among them is his father NTR’s biopic.