VELS Film IPO GMP, Date, Price, Review, Allotment 2023

VELS Film IPO

Table of Contents

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 NSE 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

  • Avoid / Risky

VELS Film IPO GMP Live Rates day by day with Kotak rates.

DateGMPKostakSubject to
22 March+-₹5₹-₹-

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.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹118,800
Retail Maximum11200₹118,800
S-HNI Minimum22400₹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
YearRevenueExpensePAT
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

  • NA

Company Promoters

  • 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?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “VELS Film”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the VELS Film IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “VELS Film”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the VELS Film IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “VELS Film”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 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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