Vels Flim International is primarily engaged in the business of production of films and sale of film rights. Vels Film International Limited is the result of the vision of Dr. Ishari K Ganesh to produce feature films in various languages.
VELS Film International IPO is a SME IPO of 3,408,000 equity shares of the face value of ₹10 aggregating up to ₹33.74 Crores.
The objective of the VELS Film International IPO: The net proceeds from the issue will be used for: • Film production; • General Corporate Purpose; • To meet the Issue Expenses
The VELS Film International IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹118,800).
Khambatta Securities Limited is the book running lead managers to the issue.