Issue Price
₹99
Per Share
GMP
NIL
Grey Market
Est. Listing
₹99
Expected Price
Min. Application
₹237,600
2 lots × 1200 shares
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:Mookuthi AmmanKutty StorySumoJoshua Imai Pol KaakhaVendhu Thanindhathu KaaduSome 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:Experienced Directors and Management TeamValue of the "VELS" and "Dr. Ishari K. Ganesh" nameDistribution networkGrowth Stage and visible revenue streams
VELS Film International Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 172,800 | — | ₹1.71 Cr | — |
| TOTAL | 3,408,000 | 100.00% | ₹33.74 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹118,800 |
| Retail (Max) | 13 | 15,600 | ₹1,544,400 |
| sNII (Min) | 14 | 16,800 | ₹1,663,200 |
| bNII (Min) | 68 | 81,600 | ₹8,078,400 |
| Particulars | 30-Sep-22 | 31-Mar-22 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 4718.97 | 2717.92 | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 134.00 | 338.20 | N/A |
| Net Worth | 2013.42 | 1879.42 | N/A |
| Total Assets | 14619.59 | 12090.06 | N/A |
| Reserves & Surplus | 1063.42 | 929.42 | N/A |
| Total Borrowings | N/A | N/A | N/A |