VELS Film International Limited IPO
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VELS Film International Limited IPO
Vels Film International Limited was incorporated in 2019, It is primarily in the business of the production of Films and the sale of film rights. Their Company is a member of the south Indian Film Chamber of Commerce. Their Strengths are a Distribution network, Growth Stage and visible revenue streams, Experienced Directors, and Management Team. The Business Strategies They plan to leverage their industry relationship to grow and develop their film-making business.
Company Promoters:
• Dr. Ishari Kadhirvelan Ganesh
Objects of this Issue:
• Film production
• General Corporate Purpose
• To meet the Issue of Expenses
Financial Information of the Company:
Particulars | Amount in Lakhs (Rs.) | ||
As on 31 Mar 2022 | As on 31 Mar 2021 | As on 31 Mar 2020 | |
Total Assets | 10,730.39 | 4,121.84 | 791.98 |
Total Liabilities | 6,605.72 | 2,403.49 | 783.31 |
Net Profit | 469.48 | 592.52 | (1.33) |
VELS Film International Limited IPO Schedule
1. Bid or Offer Opens on: 10 March 2023
2. Bid or Offer Closes on: 14 March 2023
3. Finalization of BoA: 17 March 2023
4. Initiation of Refunds: 20 March 2023
5. Credit of shares to Demat account: 21 March 2023
6. Listing Date: 22 March 2023
VELS Film International Limited IPO Lot Size
The market lot size of the VELS Film International Limited IPO is 2,400 shares. The minimum and maximum order quantity is as follows:
Application | Lots | Shares | Amount |
Minimum | 1 | 1200 | ₹118,800 |
Maximum | 1 | 1200 | ₹118,800 |
S-HNI(Minimum) | 2 | 2,400 | ₹237,600 |
Company Contact Details:
No. 521/2, Anna Salai
Nandanam, Chennai -
600035, Tamil Nadu,
India
Phone: 044 24315541/ 542
Email: info@velsfilminternational.com
Website: http://www.velsfilminternational.com/
VELS Film International Limited IPO Registrar Details:
Cameo Corporate Services Limited
Subramanian Building, No. 1 Club House
Road, Chennai-600002, Tamil Nadu, India
Telephone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/
Frequently Asked Question
VELS Film International Limited IPO Shares will get listed at NSE SME.
Lot size of the VELS Film International Limited IPO is 1200 shares.
If you do not get the allotment of VELS Film International Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Minimum and maximum order quantity is 1 lot only.
Face value of VELS Film International Limited IPO is ₹10 per share.
Closing date of VELS Film International Limited IPO is March 14, 2023.
VELS Film International Limited IPO shares will get listed on March 22, 2023.
Opening date of VELS Film International Limited IPO is March 10, 2023.
If allotted, you will receive VELS Film International Limited IPO shares in your Demat account on March 21, 2023.
Per share price of VELS Film International Limited IPO is ₹99 per share.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Pre-issue shareholding of the VELS Film International Limited IPO promoter is 100%.