Incorporated in 2019, VELS Film International Limited is primarily in the business of the production of films and the sale of film rights. The company is Promoted by Dr. Ishari K Ganesh who started the venture with the vision to produce feature films in various languages.
VELS Film is a member of the South Indian Film Chamber of Commerce. The company is growing at a fast pace as its contribution to the South Indian Film Industry is widening. The Tamil Film Industry is the third biggest film industry in India.
Since incorporation, VELS Film International Limited has produced the following movies:
- Mookuthi Amman
- Kutty Story
- Joshua Imai Pol Kaakha
- Vendhu Thanindhathu Kaadu
|Date||GMP||Kostak||Subject To Sauda|
|15 March 2023||-₹5||₹-||₹-|
|14 March 2023||₹-||₹-||₹-|
|13 March 2023||₹-||₹-||₹-|
VELS Film International SME IPO Date & Price Band.
|IPO Open:||Mar 10, 2023|
|IPO Close:||Mar 14, 2023|
|IPO Size:||₹33.74 Crores|
|Price Band:||₹99 per share|
|Listing on:||NSE SME|
|Retail Portion:||50% of the Net Offer|
|Face Value:||₹10 per share|
VELS Film International SME IPO Market Lot
The VELS Film International IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹118,800).
Shares: Minimum 1200 share
Minimum Amount: ₹118,800
Maximum Amount: ₹118,800
VELS Film International SME IPO Allotment & Listing:
- Basis of Allotment: Mar 17, 2023
- Refunds: Mar 20, 2023
- Credit to Demat accounts: Mar 21, 2023
- Listing: Mar 22, 2023
VELS Film International SME IPO Form
How to apply VELS Film IPO? You can apply VELS Film IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the VELS Film IPO in the Invest section. The other option you can apply VELS Film IPO via IPO forms download via the NSE website. Check out the VELS Film forms – click NSE IPO Forms download, fill and submit in your bank or with your broker
VELS Film International SME Company Financial Report
|Period Ended||Total Assets||Total Revenue||Profit After Tax|
VELS Film International SME IPO Valuation – FY2023
|Earning Per Share (EPS):||₹3.56 per Equity Share|
|Price/Earning P/E Ratio:||NA|
|Return on Net Worth (RoNW):||23.35%|
|Net Asset Value (NAV):||₹19.78 per Equity Share|
- Dr. Ishari Kadhirvelan Ganesh
VELS Film International SME IPO Registrar
Cameo Corporate Services Limited
About VELS Film International SME IPO
VELS Film International IPO opens on Mar 10, 2023, and closes on Mar 14, 2023. The VELS Film International IPO bid date is from Mar 10, 2023 10.00 A.M. to Mar 14, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
VELS Film International SME Allotment Status
VELS Film International SME IPO Listing Date VELS Film International SME IPO Subscription (Live)
Objects of the Issue:
- Financing the expenditure for opening new stores.
- To repay of short term borrowings.
- To meet Working Capital requirements.
- General Corporate Purpose.
- To meet issue expenses
VELS Film International SME IPO FAQs
What is VELS Film International SME IPO Open Date for QIB, NII, and Retail?
VELS Film International SME IPO will open on Mar 10, 2023
VELS Film International SME IPO Size?
VELS Film International IPO size is Approx ₹33.74 Crores
VELS Film International SME IPO Price Band?
VELS Film International SME IPO Price Band is ₹99 per share
VELS Film International SME IPO Minimum Lot Size?
The minimum bid is 1200 Shares with a ₹118,800 Minimum Lot Size.
What is VELS Film International SME IPO Allotment Date?
VELS Film International SME IPO allotment date is Mar 17, 2023
What is VELS Film International Listing date ?
VELS Film International SME IPO listing date is Mar 22, 2023. The IPO is to list on BSE SME.