About the Company
Basilic Fly Studio Limited came into existence in 2013. Over the years, they’ve built a strong reputation in the industry by teaming up with different production houses and collaborating with well-known VFX companies and studios. This approach has really helped them make their mark.
You know, in the world of VFX, it’s pretty common for studios to reach out to specialized teams for certain tasks. These teams are experts with all the right skills, tools, and tech needed to handle big VFX projects. Basilic Fly Studio Limited tapped into this trend and raked in significant earnings from various VFX companies and studios.
Their main focus is all about offering reliable, budget-friendly, top-notch VFX shooting services at prices that can compete in the US and European markets. What’s cool is that they’re super flexible and can handle projects of any size, whether they’re small or massive. Plus, they’re quick on the turnaround and can easily scale up, which really adds value to what they do in the long run.
They’ve got this talented crew of creative folks who are pros at managing all sorts of VFX production tasks. This ensures that they churn out high-quality content that meets industry standards and satisfies their clients.
The objective of Basilic Fly Studio SME IPO:
The Company aims to utilize the Net Proceeds of the Fresh Issue to fulfill the following objectives:
- Setting Up Studios: Allocations for establishing a studio/facility in Hyderabad and Salem.
- Infrastructure Enhancement: Funds directed towards reinforcing the current facilities/offices in Chennai and Pune, bolstering their capabilities.
- Workspace Expansion: Investments infused into subsidiaries through equity, aimed at expanding workspace. This involves procuring new office space in London and fortifying existing facilities/offices in Vancouver.
- General Corporate Usage: Budget provisions for the general operational needs of the company.
- Issuance Costs: Resources allocated for managing expenses associated with issuing financial instruments.
These financial allocations represent the diverse areas where resources are being channeled to support growth, improve infrastructure, and enhance the overall corporate framework.
Basilic Fly Studio SME IPO useful information
Basilic Fly Studio SME IPO Lot Size
|Market Lot:||1200 Shares|
|1 Lot Amount:||₹ 116400|
|Min Small HNI Lots(2-10 Lakh):||2400 shares (2 lots)|
|Min Big HNI Lots(10+ Lakh):||10800 shares (9 lots)|
Basilic Fly Studio SME IPO Dates
|IPO Open Date||01-09-2023|
|IPO Close Date||05-09-2023|
|Basis of Allotment|
|Credit of Shares|
to Demat Account*
|IPO Listing Date*||11-09-2023|
Basilic Fly Studio SME IPO Details
|IPO Issue Price:||₹92.00-97.00 Per Share|
|IPO Listing At:||BSE, NSE|
|Retail Quota:||Not less than 35% of the Net Issue|
|IPO Issue Type:||Book Build Issue|
|IPO Issue Size:||₹66.35 Cr|
|Fresh Issue:||₹60.53 Cr|
|Face Value:||₹10 Per Equity Share|
|Promoter Holding Pre IPO:||85.42%|
|Promoter Holding Post IPO:||—|
Basilic Fly Studio SME IPO GMP Trend
|GMP Date||GMP||Estimated Listing Price||Last Updated Time|
|28-08-2023||150||₹247 (154.64%)||28-Aug-2023 11:00 PM|
|29-08-2023||150||₹247 (154.64%)||29-Aug-2023 11:00 PM|
|30-08-2023||150||₹247 (154.64%)||30-Aug-2023 02:00 PM|
|31-08-2023||180||₹277 (185.57%)||31-Aug-2023 11:00 PM|
|01-09-2023||275||₹372 (283.51%||01-Sep-2023 11:00 PM|
|04-09-2023||240||337 (247.42%)||04-Sep-2023 8:00 PM|
|05-09-2023||225||322 (231.96%)||05-Sep-2023 9:00 PM|
|06-09-2023||240||337 (247.42%)||06-Sep-2023 02:00 PM|
|07-09-2023||230||327 (237.11%)||07-Sep-2023 09:00 PM|
|08-09-2023||235||332 (242.27%)||07-Sep-2023 09:00 PM|
|11-09-2023||230||327 (237.11%)||11-Sep-2023 02:00 PM|
Basilic Fly Studio SME IPO Live Subscription (NSE + BSE)
|Day||QIB||NII||SNII (Below ₹10L)||BNII(Above ₹10L)||RII||Total|
|1||1st Sep 2023||7.18x||27.37x||—||—||50.44x||33.17x|
|2||4th Sep 2023||16.14x||121.48x||—||—||214.10x||137.69x|
Basilic Fly Studio SME Past Financials
|March 2023||March 2022||March 2021|
|For the Year||2,774.02||90.10||33.65|
Basilic Fly Studio SME IPO Allotment Status Check
Check Basilic Fly Studio SME IPO allotment status on Linkintime website allotment URL. Click Here
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