
Media & Entertainment · NSE
Incorporated in 2019, VELS Film International Limited is engaged in the production and sale of film rights, with a focus on creating feature films across various languages. Promoted by Dr. Ishari K. Ganesh, the company is a member of the South Indian Film Chamber of Commerce and has established a strong presence in the rapidly growing Tamil Film Industry—the third-largest in India. Since inception, VELS Film has produced notable movies such as Mookuthi Amman, Kutty Story, Sumo, Joshua Imai Pol Kaakha, and Vendhu Thanindhathu Kaadu, and is currently working on projects like Singapore Salon, Corona Kumar, and Chutney Sambar. The company’s strengths lie in its experienced management, the brand value of “VELS” and Dr. Ishari K. Ganesh, a solid distribution network, and a strong growth trajectory with visible revenue streams.
Price Band
₹99
Issue Size
₹33.74 Cr
Lot Size
1200 shares
GMP
+3.0%
Est. Listing
₹102
at current GMP
Subscribed
1.10x
overall
Open
10 Mar 2023
Close
14 Mar 2023
Allotment
18 Mar 2023
Refund
19 Mar 2023
Demat Credit
20 Mar 2023
Listing
22 Mar 2023
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹99
Band: ₹99
Estimated Listing Price
₹102
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,18,800
Estimated Profit / Lot
₹3,600
1200 × ₹3
Grey Market Premium trend
+₹3
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹3 | 3.0% | ₹102 |
| 30 Oct 2026 | +₹3 | 3.0% | ₹102 |
| 29 Oct 2026 | +₹3 | 2.7% | ₹102 |
GMP is unofficial market data. Not a guarantee of listing performance.
VELS Film International Limited is bringing an initial public offering (IPO) in the Media & Entertainment sector with an aggregate issue size of ₹33.74 Crores. The shares are offered at a price band of ₹99 to ₹99 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-03-14, the basis of allotment is scheduled to be finalized on 2023-03-18. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.
The latest grey market premium for VELS Film International Limited IPO is ₹3, which indicates an expected listing price of ₹102.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.