Vels Film International Ltd
Registered Office:
No 521/2 Anna Salai,Nandanam,
Chennai
-
600035,
Phone : 91-044-24315541/542
Fax : NA
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.
Opens On
Closes On
Application
Allotment
10-Mar-23
14-Mar-23
99.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1200
Further Multiples of :
1200
(Rs.Cr)
Lead Managers to the Issue
Project Cost
33.14
Khambatta Securities Ltd
Project Financed through Current Offer
33.74
Post Issue Equity Share Capital
12.91
Film Production
General Corporate Purposes
Ishari Kadhirvelan Ganesh