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VFVELSListed

VELS Film International Limited

Fixed Price IPO · NSE

Price band
₹99 - ₹99
Lot size
1,200 shares
Issue amount
₹33.74 cr
Total subscription
1.1×
Current price₹73
Listing price ₹101
Watch live price ↗
Opens
10 Mar 2023
Closes
14 Mar 2023
Allotment
18 Mar 2023
Listing
22 Mar 2023

Offer at a glance

Issue overview

Issue size
34,08,000 shares
Face value
₹10 per share
Minimum investment
₹1,18,800
Fresh issue
₹33.74 cr
Offer for sale
₹0 cr
Registrar
Cameo Corporate Services Limited
Listing exchange
NSE
Maximum investment
₹1,18,800
Issue type
Fixed Price IPO
Shares before issue
95,00,000
Shares after issue
1,29,08,000

Lot sizes

CategoryLotsSharesAmount
RETAIL11,200₹1,18,800
HNI22,400₹2,37,600

Share reservation

Market Maker5.07%
NII (HNI)47.46%
RETAIL47.46%

Subscription & GMP

Subscription by category

Total subscribed1.1×

Subscription figures are awaiting publication.

GMP history

01.5325 Mar: ₹312 Nov: ₹3
25 Mar₹312 Nov

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
02,0004,0006,000Sep 2022 · Revenue: 4,718.97Sep 2022 · Profit after tax: 134Sep 2022Mar 2022 · Revenue: 2,717.92Mar 2022 · Profit after tax: 338.23Mar 2022
RevenueProfit after tax

Company information

Company profile

Incorporated in 2019, VELS Film International Limited is engaged in the production and sale of film rights, with a focus on creating feature films across various languages. Promoted by Dr. Ishari K. Ganesh, the company is a member of the South Indian Film Chamber of Commerce and has established a strong presence in the rapidly growing Tamil Film Industry—the third-largest in India. Since inception, VELS Film has produced notable movies such as Mookuthi Amman, Kutty Story, Sumo, Joshua Imai Pol Kaakha, and Vendhu Thanindhathu Kaadu, and is currently working on projects like Singapore Salon, Corona Kumar, and Chutney Sambar. The company’s strengths lie in its experienced management, the brand value of “VELS” and Dr. Ishari K. Ganesh, a solid distribution network, and a strong growth trajectory with visible revenue streams.

Promoters

Dr. Ishari Kadhirvelan Ganesh

Registrar & documents

Lead manager

Khambatta Securities Limited

Registered office

No. 521/2, Anna Salai Nandanam, Chennai - 600035

044 24315541/ 542

[email protected]Company website ↗

Understanding VELS IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.