VELS Film International Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,617,600 (47%) | — | ₹1,601 Cr |
| Retail | — | 1,617,600 (47%) | — | ₹1,601 Cr |
| Market Maker | — | 172,800 (5%) | — | ₹17 Cr |
| Σ Total | — | 3,408,000 (100%) | — | ₹33,739 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹118,800 |
| Retail (Max) | 13 | 15,600 | ₹1,544,400 |
| S-HNI (Min) | 14 | 16,800 | ₹1,663,200 |
| B-HNI (Min) | 67 | 80,400 | ₹7,959,600 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30-Sep-22 | 31-Mar-22 |
|---|---|---|
| Revenue | 4,719 | 2,718 |
| Profit After Tax | 134 | 338 |
| Net Worth | 2,013 | 1,879 |
| Total Assets | 14,620 | 12,090 |
| Reserves & Surplus | 1,063 | 929 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Film production – 28
- General Corporate Purpose – 5.14
- –
Company Overview
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 Amman
- Kutty Story
- Sumo
- Joshua Imai Pol Kaakha
- Vendhu Thanindhathu Kaadu
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:
- Experienced Directors and Management Team
- Value of the "VELS" and "Dr. Ishari K. Ganesh" name
- Distribution network
- Growth Stage and visible revenue streams