| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹33.74 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹33.74 Cr |
| Fresh Issue | ₹32.03 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน99.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | VELS |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Khambatta Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
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:
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Film production | 28.00 |
| 2 | General Corporate Purpose | 5.14 |
| 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 | ||
| KPI | |
|---|---|
| RoNW | 23.35% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.56 | |
| P/E (x) | 58.58 | |
| Promoter Holding | 100% | |
| Market Cap | โน127.79 Cr. | |