![IPO- BASILIC FLY STUDIO](http://ipohunts.in/wp-content/uploads/2023/08/download-2-2.jpeg)
Table of Contents
OVERVIEW OF COMPANY:-
- Basilic Fly Studio Limited IPO was incorporated in 2016.
- the IPO can break the record for the a most subscribed SME IPO in Indian history which strongly is being held by Olatech Solutions Limited with total subscription of 598.82 times.
- It operates as a visual effects (VFX) studio with its headquarters in Chennai, India moreover It also has subsidiaries in Canada and the UK.
VFX Services:
- Basilic Fly Studio specializes in providing VFX solutions for various media platforms, including movies, TV shows, web series, and commercials.
- The company’s service offerings encompass:
- Final Compositing and Rotoscopy
- Camera/Body Tracking and Rotomation/Object Tracking
- Paint And Preparation
- Previsualization (Previs)
- Computer Graphics
- Onset Supervision
Global Presence:
- The company boasts a workforce of over 500 skilled professionals.
- It maintains offices in Pune, London, and Vancouver.
Financial Performance:
- In the fiscal year 2022-23, Basilic Fly Studio achieved a Total Revenue of Rs. 7,895.15 lacs.
Basilic Fly Studio IPO Details
- The Basilic Fly Studio IPO is categorized as a Book Built Issue.
- The total issue size of the IPO is Rs 66.35 Crores.
- The Basilic Fly Studio IPO price range is set at ₹92 to ₹97 per share.
IPO Date | Sep 1, 2023 to Sep 5, 2023 |
Listing Date | Wednesday, 13 September 2023 |
Face Value | ₹10 per share |
Price | ₹92 to ₹97 per share |
Lot Size | 1200 Shares |
Total Issue Size | 6,840,000 shares (aggregating up to ₹66.35 Cr) |
Fresh Issue | 6,240,000 shares (aggregating up to ₹60.53 Cr) |
Basilic Fly Studio IPO Timetable (Tentative)
IPO Open Date | Friday, 1 September 2023 |
IPO Close Date | Tuesday, 5 September 2023 |
Basis of Allotment | Friday, 8 September 2023 |
Initiation of Refunds | Monday, 11 September 2023 |
Credit of Shares to Demat | Tuesday, 12 September 2023 |
Listing Date | Wednesday, 13 September 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on Sep 5, 2023 |
![IPO- BASILIC FLY STUDIO](http://ipohunts.in/wp-content/uploads/2023/08/download-1-2.jpeg)
Key Performance Indicator
KPI | Values |
ROE | 155.63% |
ROCE | 104.73% |
Debt/Equity | 0.14 |
EPS (Rs) | 16.32 |
RoNW | 87.59% |
Basilic Fly Studio IPO Lot Size
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 1200 | ₹116,400 |
Retail (Max) | 1 | 1200 | ₹116,400 |
HNI (Min) | 2 | 2400 | ₹232,800 |
Basilic Fly Studio IPO Promoter Holding
Pre Issue Share Holding | 85.42% |
Post Issue Share Holding |
![IPO- BASILIC FLY STUDIO AVENGERS EDITOR](http://ipohunts.in/wp-content/uploads/2023/08/download-7.jpeg)
Financials of the Company:
Period Ended | 31 Mar 2022 | 31 Mar 2023 |
Assets | 1,571.08 | 5,315.33 |
Revenue | 2,528.78 | 7,895.15 |
Profit After Tax | 90.10 | 2,774.02 |
Net Worth | 394.16 | 3,166.98 |
Reserves and Surplus | 274.17 | 1,466.98 |
Total Borrowing | 413.23 | 427.08 |
Objects of the Issue:
- Setting up Studio/Facility:
- Establishing a new studio/facility in Hyderabad and Salem.
- Strengthening Infrastructure:
- Enhancing infrastructure at existing facilities/offices in Chennai and Pune.
- Investing in Subsidiaries:
- Infusing equity in subsidiaries for expanding workspace:
- Acquiring new office space in London.
- Strengthening existing facilities/offices in Vancouver.
- Infusing equity in subsidiaries for expanding workspace:
- General Corporate Purposes:
- Meeting general operational requirements of the company.
- Issue Expenses:
- Covering expenses related to the IPO process.
![IPO- BASILIC FLY STUDIO TEAM](http://ipohunts.in/wp-content/uploads/2023/08/download-3-2.jpeg)
Basilic Fly Studio IPO Review (I am Applying)
BFSL’s VFX Expertise and Growth: BFSL has achieved mastery in VFX studios, establishing a global presence with a distinct niche. Its remarkable performance in FY23, driven by strategic expansion, underscores its success. With ongoing efforts to broaden global reach, BFSL is poised for promising opportunities ahead. Consideration for investment could yield short to long-term rewards for investors.
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Basilic Fly Studio IPO Subscription Status (Bidding Detail)
- The Basilic Fly Studio IPO has been subscribed 33.17 times in total.
- In the retail category, the subscription is 50.44 times.
- In the Qualified Institutional Buyer (QIB) category, the subscription is 7.18 times.
- In the Non-Institutional Investor (NII) category, the subscription is 27.55 times.
Check Day by Day Subscription Details (Live Status)
Basilic Fly Studio SME GMP
- The last Grey Market Premium (GMP) for Basilic Fly Studio SME IPO was ₹275, last updated on September 1st, 2023, at 10:01 PM.
- With a price band of ₹97.00, the estimated listing price for Basilic Fly Studio SME IPO is ₹372 (cap price + today’s GMP).
- The expected percentage gain/loss per share is 283.51%.
check live Gmp details(status)
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