"That (the sequel) depends upon the release...on how the audiences take it and how big a hit it proves to be. Nothing has been decided yet, we'll think about it only after it is out. Though right now, it's just 'Golmaal 3' that is for sure, " Ajay told in an interview here.
The actor says "All The Best" would be funnier than his previous comic hits "Golmaal" (2006) and "Golmaal Returns" (2008).
" 'All The Best' is a laugh riot. It falls in the same genre as 'Golmaal' but is a completely different script made on a larger scale and it's funnier than 'Golmaal'... The film will work...I am sure people will like it too, " he said.
Throwing light on his character, the 40-year-old actor said: "I play a kind of conman who thinks he is very smart and intelligent and can handle a lot of things but actually he is a fool. Every time he comes up with an idea, he lands everybody else in trouble also."
Directed by Rohit Shetty, the comedy also stars Bipasha Basu, Sanjay Dutt, Fardeen Khan and Mugdha Godse.
Asked how he would rate himself as a producer, Ajay said: "I am a very fabulous producer. I think people should get what they deserve and they should also do what they are paid for. It works both ways. You have to be fair on one side and stern on the other for the job to be done."
"All The Best" is clashing with two other big-budget movies - "Blue" and "Main Aurr Mrs Khanna", but Ajay is unperturbed by the competition.
"All three films are from different genres and for me it was always a Diwali release because it ('All The Best') is all about families and people wanting to be together and having fun...so this Diwali, 'All The Best' is the best bet if everyone wants to laugh.
"It is a clean entertainer and has no double-meaning dialogues...it can be enjoyed by all age groups, " the actor said.
Ajay's musical drama "London Dreams", which also stars Salman Khan and Asin, is lined up for release Oct 30. Is he worried that two of his movies that belong to different genres are rolling out so close?
"That's the best part that there are two different genres all together...It's not really that great that they are coming so close to each other. (But) I am not worried..., " he said.
" 'London Dreams' was supposed to release in August, but now it's coming Oct 30. The strike (between producers and multiplex owners) messed up everything and things got delayed and for almost three months, nothing really released, " Ajay said.
Apart from "All The Best", "London Dreams" and "Golmaal 3", Ajay's future projects include "Rajneeti", "Once Upon A Time In Mumbai", Priyadarshan's next and his second directorial venture.
But apart from his films, the new spelling of his surname has also been talked about. So what made him drop a vowel, making it Devgn instead of the earlier Devgan.
"That (the spell change) was long due...for the past 10 years, I was being asked to change that and I was really apprehensive but finally I have done it. My family believes a lot in these things and I guess every Indian family does. So it's okay with me, " Ajay said.