VELS Film International SME IPO Date, GMP, Price, Review, Allotment

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:

1. Mookuthi Amman
2. Kutty Story
3. Sumo
4. Joshua Imai Pol Kaakha
5. 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
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

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

Peer Group

• NA

Company Promoters

• Dr. Ishari Kadhirvelan Ganesh

VELS Film International SME IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/

Company Address

VELS Film International Limited
No. 521/2,
Anna Salai Nandanam,
Chennai – 600035
Phone: 044 24315541/ 542
Email: info@velsfilminternational.com
Website: http://www.velsfilminternational.com/

Quick Links:

  VELS Film International IPO DRHP

VELS Film International IPO RHP

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.

Read Also
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