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VELS Film International Ltd IPO Details, Upcoming IPO

VELS Film International Ltd IPO Details, Upcoming IPO

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VELS Film International Ltd IPO Details:

VELS Film International Ltd. has announced public offering of 3408000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 89.00 per share. The gross proceeds of the issue are expected to be Rs 3,373.92 lakhs.

The company's initial public offer (IPO) will open on 10 March 2023 and is expected to close on 14 March 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 3408000 Equity Shares of the Company at an price of Rs 99.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

VELS Film International Ltd. anticipates using the proceeds of the issue for .

Khambatta Securities Ltd as lead manager & Cameo Corporate Services Ltd. is the registrar, to the issue.

If the VELS Film International Ltd is something that you’re looking to invest in come 10 March 2023, it would be a good idea to start the demat account opening process right away.

Apply online IPO or Contact Libord Broking now to open demat account online within minutes, and install the LibordEasy app from google play store.

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