Presenters at the ceremony will be TV presenter June Sarpong and actor Martin Freeman.
Of the 20 finalists in the company's 50-second short film competition, CobraVision will select one winner and two runners-up.
Prizes include $24,000 in cash and trips to India.
The competition has been running since 2005 and winning films get shown on ITV2, ITV3 and ITV.
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