IPO Issue Details
Issue Price / Price Band₹97 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size68,40,000 shares (aggregating up to ₹66.35 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 01 Sep 2023
Subscription CloseTue, 05 Sep 2023
Anchor AllotmentThu, 31 Aug 2023
Basis of AllotmentMon, 11 Sep 2023
Initiation of RefundsTue, 12 Sep 2023
Credit of Shares to DematWed, 13 Sep 2023
Listing DateMon, 11 Sep 2023
UPI Mandate Deadline2023-09-05
Application & Investment Details
Retail — Min (1 Lots)₹1,16,400 — 1,200 shares
Retail — Max (13 Lots)₹1,513,200 (13 Lots)
HNI — Min (2 Lots)₹2,32,800 — 2,400 shares
EPS (Pre-IPO)₹16.32
P/E Ratio (Pre-IPO)5.94x
P/E Ratio (Post-IPO)8.08x
Net Offer to Public58,14,000 shares (aggregating up to ₹56.40 Cr)
Reserved for Market Maker10,26,000 shares (aggregating up to ₹9.95 Cr)
Pre-IPO Promoter Holding1,70,00,000 shares
Post-IPO Promoter Holding2,32,40,000 shares
Fresh Issue Shares52,14,000 shares (aggregating up to ₹50.58 Cr)
Offer for Sale Shares6,00,000 shares of ₹10 (aggregating up to ₹5.82 Cr)
About Basilic Fly Studio Ltd
Incorporated in 2016, Basilic Fly Studio Limited is a visual effects (VFX) studio headquartered in Chennai, India with subsidiaries operating in Canada and the UK.Basilic Fly Studio provides VFX solutions for movies, TV, net series, and commercials. BFS' service list includesFinal Compositing and Rotoscopy,Camera/ Body Tracking and Rotomation/ Object Tracking,Paint And Preparation,Previs or Previsualization,Computer Graphics, andOnset Supervision.The company has over 500 skilled individuals and has offices in Pune, London, and Vancouver.Basilic Fly Studio recorded Rs. 7,895.15 lacs in Total Revenue in fiscal 2022-23.
Objects of the Issue
Basilic Fly Studio Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Expenditure for setup of Studio/Facility at Hyderabad and Salem
21.36
2
Expenditure for adding infrastructure to further strengthen the existing facilities/offices of the company located at Chennai and Pune
17.61
3
Making investment through equity in the subsidiaries for expansion of workspace by acquiring new office space located at London and strengthen the existing facilities/offices located at Vancouver
4.65
4
General Corporate Purposes
12.38
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,70,00,000 shares
Post-IPO Promoter Holding
2,32,40,000 shares