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Open
10 Mar 2023
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Close
14 Mar 2023
3
Allotment
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Listing
Wed, Mar 22, 2023
Price Band
₹99 per share
Issue Size
34,08,000 shares (agg. up to ₹34 Cr)
Lot Size
1,200 Shares
Listing Date
Wed, Mar 22, 2023
Latest GMP
₹4
Est. Gain
4.04%
✦ AI Insight
GMP Trend
22-03-2023₹4Est. ₹103+4.04%
21-03-2023₹-7Est. ₹92-7.07%
20-03-2023₹-7Est. ₹92-7.07%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.04x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 |
|---|---|---|
| Assets | 146.20 | 120.90 |
| Total Income | 47.19 | 27.18 |
| Profit After Tax | 1.34 | 3.38 |
| NET Worth | 20.13 | 18.79 |
| Reserves and Surplus | 10.63 | 9.29 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Film production | 28.00 |
| 2 | General Corporate Purpose | 5.14 |
About VELS Film International IPO
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 Sumo Joshua Imai Pol Kaakha Vendhu Thanindhathu Kaadu Some of the forthcoming projects, the company is associated with, are - Singapore Salon, Corona Kumar, and Chutney Sambar. The company derives its strengths from the following factors: Experienced Directors and Management Team Value of the "VELS" and "Dr. Ishari K. Ganesh" name Distribution network Growth Stage and visible revenue streams + Read More
Contact Details
VELS Film International Ltd. AddressNo.521/2Anna Salai NandanamChennai, Tamil Nadu, 600035044 24315541/ 542info@velsfilminternational.comVisit Website