KVSP VELS Film IPO GMP, Date, Price, Review, Allotment 2023 – IPO Watch
Written by Lucky Wilson | KJMM.COM on March 9, 2023
VELS Film IPO Details: VELS Film IPO date is fixed, The IPO will open on March 10 and will close on March 14, 2023. VELS Film is an BSE SME IPO to raise ₹33.74 crores via IPO. The VELS Film IPO price band is fixed at ₹99 with a market lot of 1200 shares.
VELS Film International Limited is doing a production of films promoted by Dr. Ishari K. Ganesh. He produced films such as Devi, LKG, Comali, Mookuthi Amman, and many more. He started this venture with the vision to produce films in various languages like Tamil, Telugu, and Hindi.
VELS Film is a member of the South Indian Film Chamber of Commerce. As per the data, Tamil Film Industry is the third biggest film industry in India. VELS Film produced movies like Mookuthi Amman, Kutty Story Sumo, Joshua Imai Pol Kaakha, Vendhu Thanindhathu Kaadu. Their forthcoming projects are Singapore Salon, Corona Kumar, and Chutney Sambar.
Objects of the Issue:
- Film production.
- General Corporate Purpose.
- To meet the Issue Expenses.
VELS Film IPO Review
| Date | GMP | Kostak | Subject to |
| 9 March | ₹- | ₹- | ₹- |
VELS Film IPO Date & Price Band Details
| IPO Open: | March 10, 2023 |
| IPO Close: | March 14, 2023 |
| IPO Size: | Approx ₹33.74 Crores, 3,408,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹99 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
VELS Film IPO Market Lot
The VELS Film IPO minimum market lot is 1200 shares with a ₹118,800 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹118,800 |
| Retail Maximum | 1 | 1200 | ₹118,800 |
| S-HNI Minimum | 2 | 2400 | ₹237,600 |
VELS Film IPO Dates
The VELS Film IPO date is March 10 and the IPO close date is March 14. The IPO allotment date is March 17 and the IPO might list on March 22.
| IPO Open Date: | March 10, 2023 |
| IPO Close Date: | March 14, 2023 |
| Basis of Allotment: | March 17, 2023 |
| Refunds: | March 20, 2023 |
| Credit to Demat Account: | March 21, 2023 |
| IPO Listing Date: | March 22, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
VELS Film 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 Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹- | ₹- | ₹– |
| 2021 | ₹- | ₹- | ₹– |
| 2022 | ₹27.18 | ₹22.31 | ₹3.38 |
| 2023 6M | ₹47.19 | ₹45.09 | ₹1.34 |
VELS Film IPO Valuation – FY2022
Check VELS Film IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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
- Dr. Ishari Kadhirvelan Ganesh
VELS Film IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
VELS Film IPO Allotment Status
Check VELS Film IPO allotment status on Cameo India website URL. Click Here
VELS Film IPO Lead Managers
- Khambatta Securities Limited
Company Address
VELS Film International Limited
No. 521/2,
Anna Salai Nandanam,
Chennai – 600035
Phone: 044 24315541/ 542
Email: [email protected]
Website: http://www.velsfilminternational.com/
VELS Film IPO FAQs
What is VELS Film IPO?
VELS Film IPO is an NSE SME IPO. They are going to raise ₹33.74 Crores via IPO. The issue is priced at ₹99 per equity share. The IPO is to be listed on NSE.
When VELS Film IPO will open?
The IPO is to open on March 10, 2023 for NII, and Retail Investors.
What is VELS Film IPO Investors Portion?
The investors’ portion for NII is 50%, and Retail is 50%.
How to Apply the VELS Film IPO?
You can apply VELS Film IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the VELS Film IPO through Zerodha?
How to Apply the VELS Film IPO through Upstox?
How to Apply the VELS Film IPO through Paytm Money?
What is VELS Film IPO Size?
VELS Film IPO size is ₹33.74 crores.
What is VELS Film IPO Price Band?
VELS Film IPO Price Band is ₹99 per equity share.
What is VELS Film IPO Minimum and Maximum Lot Size?
The IPO bid is 1200 shares with ₹118,800.
What is VELS Film IPO Allotment Date?
VELS Film IPO allotment date is March 17, 2023.
What is VELS Film IPO Listing Date?
VELS Film IPO listing date is March 22, 2023. The IPO to list on NSE SME.
Note: The VELS Film IPO details are announced officially. The IPO grey market premium (VELS Film IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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