The names of several big actors like Shah Rukh Khan, Ajay Devgn and Hrithik Roshan had also cropped up earlier, but Ranveer seems to be the front-runner now. Ranveer worked with Bhansali in his last directorial venture 'Goliyon Ki Rasleela Ram-Leela', which was a huge hit.
Apparently, Deepika Padukone is likely to play the role of Mastani.
If all goes well the film is likely to go on floors from next year, sources said.