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:
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
Equity:
3,408,000 shares
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
31-Mar-22
12,090.06
2,717.92
338.23
31-Sept-22
14,619.59
4,718.97
134.00
VELS Film International SME IPO Valuation – FY2023
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.