Vels Film International Ltd - IPO

Vels Film International Ltd IPO Details

Public issue of 34,08,000 equity shares of face value of Rs. 10/- each fully paid up of Vels Film International Limited VFIL or the Company or the Issuer) for cash at a price of Rs. 99/- per equity share (the Issue Price) (including share premium of Rs. 89/- per equity share) aggregating Rs. 33.74 crores (the Issue) by the company, of which 1,72,800 equity shares of face value of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 32,35,200 equity shares of face value of Rs. 10/- each fully paid up is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.40% and 25.06% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is rs. 10/- each. the issue price is rs. 99/-. The issue price is 9.90 times the face value.

Objective of issue

Film Production. General Corporate Purposes.

Vels Film International Ltd Contact Details

Vels Film International Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - info@velsfilminternational.com

Website - www.velsfilminternational.com