What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of VELS Film International Limited IPO?

VELS Film International Limited IPO has received a total subscription of 1.10 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

VELS Film International Limited

ListedSME

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

+3.0%

Est. Listing

₹102

at current GMP

Subscribed

1.10x

overall

Open

10 Mar 2023

14 Mar 2023

Allotment

18 Mar 2023

Refund

19 Mar 2023

Demat Credit

20 Mar 2023

Listing

22 Mar 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.10x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.10x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	1,704,040	—	0.00x
Non-Institutional (NII / HNI)	511,212	—	0.00x
Retail Individual (RII)	1,192,828	—	0.00x
Total	3,408,080	0	1.10x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.10x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	994	1,093	1.10x
HNIs (10L +)	6	7	1.17x
HNIs (2-10L)	30	33	1.10x
Total Applications	1,030	1,133	1.10x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About VELS Film International Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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.

Frequently Asked Questions

What is VELS Film International Limited IPO GMP today?

The latest Grey Market Premium (GMP) for VELS Film International Limited IPO is ₹3 per equity share. Based on the upper price band of ₹99 to ₹99 per equity share, the estimated listing price is ₹102 (+3.0% expected listing gain).

What is the expected profit per lot for VELS Film International Limited IPO?

With a lot size of 1200 shares and current GMP of ₹3, the expected profit per application lot is approx ₹3,600 (+3.0% gain). Minimum application cost is approx ₹1,18,800.

What is the issue size and price band for VELS Film International Limited IPO?

The VELS Film International Limited IPO aggregate issue size is ₹33.74 Crores with an equity price band set at ₹99 to ₹99 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,18,800.

How can I check VELS Film International Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.10x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will VELS Film International Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2023-03-18. Investors can verify status using PAN card or application number.

When is the listing date for VELS Film International Limited IPO?

VELS Film International Limited shares are scheduled to list on NSE on 2023-03-22.