Basilic Fly Studio IPO Details ( Basilic Fly Studio Limited IPO Review )
(1 Sep 2023 – 5 Sep 2023)
Established in 2016, Basilic Fly Studio Limited is a Chennai-based visual effects (VFX) studio, with subsidiary operations in Canada and the UK.
Basilic Fly Studio specializes in providing VFX solutions for a wide range of media, including movies, TV shows, web series, and commercials. The services offered by BFS encompass:
- Final Compositing and Rotoscopy
- Camera/Body Tracking and Rotomation/Object Tracking
- Paint and Preparation
- Previs (Previsualization)
- Computer Graphics
- Onset Supervision
With a team of over 500 highly skilled professionals, the company has established offices in Pune, London, and Vancouver.
In the fiscal year 2022-23, Basilic Fly Studio achieved a total revenue of Rs. 7,895.15 lacs.
Basilic Fly Studio Limited IPO Competitive Strength
- Well equipped with advance technology
- Experienced Promoters and Technically Sound Operation Team
- Expanding our Network
- Focusing on Increasing Process Services & consistency in operating practices
- Growing our business with existing clients with quality and efficient services
Basilic Fly Studio IPO Financials Performance ( Results )
Basilic Fly Studio Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-22 | 1,571.08 | 2,528.78 | 90.10 | 9.01 | 394.16 | 39.42 | 274.17 | 413.23 |
| 31-Mar-23 | 5,315.33 | 7,895.15 | 2,774.02 | 16.32 | 3,166.98 | 18.63 | 1,466.98 | 427.08 |
Objective of IPO Issue
- Expenditure for setup of Studio/Facility at Hyderabad and Salem.
- Expenditure for adding infrastructure to further strengthen the existing facilities/offices of the company located in Chennai and Pune.
- Making investments through equity in the subsidiaries for expansion of workspace by acquiring new office space located in London and strengthening the existing facilities/offices located in Vancouver.
- General Corporate Purposes and Issue Expenses.
Basilic Fly Studio IPO Basic Details
| IPO Date | Sep 1, 2023 to Sep 5, 2023 |
| Listing Date | Wednesday, September 13, 2023 |
| Face Value | ₹10 per share |
| Price | ₹92 to ₹97 per share |
| Lot Size | 1200 Shares |
| Issue Size | 6,840,000 shares of ₹10 (aggregating up to ₹66.35 Cr) |
| Fresh Issue | 6,240,000 shares of ₹10 (aggregating up to ₹60.53 Cr) |
| Offer for Sale | 600,000 shares of ₹10 (aggregating up to ₹5.82 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,000,000 |
| Share holding post issue | 23,240,000 |
| Company Promoters | Mr. Balakrishnan And Ms. Yogalakshmi S |
Basilic Fly Studio IPO Reservation
| Anchor Investor Shares Offered | 25.49% of the Net Issue |
| Market Maker Shares Offered | 15.00% of the Net Issue |
| QIB Shares Offered | 17.00% of the Net Issue |
| NII (HNI) Shares Offered | 12.75% of the Net Issue |
| Retail Shares Offered | 29.75% of the Net Issue |
| Total Shares Offered | 100.00% of the Net Issue |
Basilic Fly Studio IPO Timetable
Basilic Fly Studio IPO will open on September 1, 2023 and close on September 5, 2023. You can join Basilic Fly Studio IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 1 September 2023 (Friday) |
| Closing Date | 5 September 2023 (Tuesday) |
| Basis of Allotment | 8 September 2023 (Friday) |
| Initiation of Refunds | 11 September 2023 (Monday) |
| Credit of Shares to Demat | 12 September 2023 (Tuesday) |
| Listing Date | 13 September 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 5 September 2023 |
Basilic Fly Studio IPO Lot Size
For retail investors in Basilic Fly Studio IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹116,400. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹116,400.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1200 | ₹116,400 |
| Retail (Max) | 1 | 1200 | ₹116,400 |
| S-HNI (Min) | 2 | 2400 | ₹232,800 |
Basilic Fly Studio IPO Promoter Holding
The company’s promoters include Mr. Balakrishnan and Ms. Yogalakshmi S.
| Pre Issue Share Holding | 85.42% |
| Post Issue Share Holding | – |
Basilic Fly Studio Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 155.63 |
| Earning Per Share (EPS) | ₹16.32 per Equity Share |
| Net Asset Value (NAV) | ₹18.63 per Equity Share |
| P/E Ratio (P/E) (x) | 8.08 |
| Return on Net Worth (RoNW) (%) | 87.59 |
| Return on equity (ROE) (%) | 155.63 |
| Return on Capital Employed (ROCE) (%) | 104.73 |
| Debt/Equity Ratio | 0.14 |
Basilic Fly Studio Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Basilic Fly Studio Limited | Consolidated | 10.00 | 16.32 | 8.08 | 87.59 | 18.63 |
| Peer Group | ||||||
| Prime Focus Limited | Consolidated | 1.00 | 8.50 | 9.29 | 584.87 | 5.24 |
| Phantom Digital Effects Limited | Consolidated | 10.00 | 15.97 | 9.59 | 36.63 | 37.98 |
Basilic Fly Studio IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 6 September 2023 | ₹250 | – | – |
| 5 September 2023 | ₹250 | – | – |
| 4 September 2023 | ₹250 | – | – |
| 3 September 2023 | ₹275 | – | – |
| 2 September 2023 | ₹275 | – | – |
| 1 September 2023 | ₹275 | – | – |
| 31 August 2023 | ₹220 | – | – |
| 30 August 2023 | ₹150 | – | – |
| 29 August 2023 | ₹150 | – | – |
| 28 August 2023 | ₹150 | – | – |
Basilic Fly Studio IPO Detail Video:
Basilic Fly Studio IPO Subscription Status (Bidding Detail)
The Basilic Fly Studio IPO on September 5, 2023 at 7:00:00 PM was subscribed 358.60 times, with the retail category being subscribed 415.22 times, the NII (Non-Institutional Investor) category being subscribed 549.44 times, QIB (Qualified-Institutional Buyers) category being subscribed 116.34 times.
| Category | Subscription |
| QIB | 116.34x |
| NII | 549.44x |
| Retail | 415.22x |
| Total | 358.60x |
Basilic Fly Studio IPO Prospectus
| Basilic Fly Studio IPO DRHP | Download |
| Basilic Fly Studio IPO RHP | Download |
| Basilic Fly Studio IPO Anchor Investors Details PDF | Download |
Basilic Fly Studio IPO Rating
| Our Rating | 5.0/5.0 |
Basilic Fly Studio Company Contact Information
Basilic Fly Studio Limited
Registered Office: Tower A, KRC Commerzone, Mount Poonamallee Road,
Porur Chennai, Tamil Nadu, 600116, India.
Tel: + 91 9416422201
E-mail: cs@basilicfly.com
Website: www.basilicflystudio.com
Contact Person: Mr. Nikhil Midha, Company Secretary and Compliance Officer
Our Promoters: Mr. Balakrishnan And Ms. Yogalakshmi S
Basilic Fly Studio IPO Registrar
Purva Sharegistry (India) Private Limited
Address: 9 Shiv Shakti Industrial Estate, J.R Boricha Marg,
Lower Parel (East), Mumbai400011, Maharashtra
Tel. No.: +91-022-4961-4132, 022-3199-8810
Email: support@purvashare.com
Contact Person: Ms. Deepali Dhuri
SEBI Registration No.: INR000001112
Website: https://www.purvashare.com/
CIN: U92100TN2016PLC103861
Basilic Fly Studio IPO Lead Manager
Gyr Capital Advisors Private Limited
Address: 428, Gala Empire, Near JB Tower, Drive in Road,
Thaltej, Ahmedabad – 380 054, Gujarat, India
Tel No.: +91 87775 64648
Email: info@gyrcapitaladvisors.com
Contact Person: Mr. Mohit Baid
Website: www.gyrcapitaladvisors.com
SEBI Registration No.: INM000012810
CIN: U67200G2017PTC096908
Basilic Fly Studio IPO FAQs
What is the lot size of Basilic Fly Studio IPO?
The total size of Basilic Fly Studio IPO is ₹66.35 crores out of which ₹60.53 crores is fresh issue and ₹5.82 crores is offer for sale (OFS).
When will Basilic Fly Studio IPO start?
Basilic Fly Studio IPO will open from 1 September 2023 and IPO will close on 5 September 2023.
What is the open date of Basilic Fly Studio IPO?
Basilic Fly Studio IPO will open date from 1 September 2023.
What is the last date ( close date ) of Basilic Fly Studio IPO?
Basilic Fly Studio IPO will close from 5 September 2023.
What is the price band of Basilic Fly Studio IPO?
Basilic Fly Studio IPO price band is ₹92 to ₹97. ( Upper Price Band: ₹97, Lower Price Band: ₹92 )
What is the minimum amount required to apply for Basilic Fly Studio IPO?
The minimum investment for retailers to apply for Basilic Fly Studio IPO is ₹116,400 and the maximum investment is ₹116,400.
What is going on gray market premium of Basilic Fly Studio IPO?
View gray market premium of Basilic Fly Studio IPO by Clicking Here
How much is the GMP of Basilic Fly Studio IPO?
Watch Basilic Fly Studio IPO GMP Today: Click Here
What is the allotment date of Basilic Fly Studio IPO?
The allotment date of Basilic Fly Studio IPO is 8 September 2023.
How to check allotment status in Basilic Fly Studio IPO?
To check the allotment status of Basilic Fly Studio IPO, first of all go to the registrar website by clicking here, select your bad Basilic Fly Studio IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Basilic Fly Studio IPO?
The listing date of Basilic Fly Studio IPO is 13 September 2023.
How much will be the listing gain in Basilic Fly Studio IPO?
View listing gain of Basilic Fly Studio IPO by Clicking Here
How much time Basilic Fly Studio IPO is subscribed?
Total 358.60 times subscribed in Basilic Fly Studio IPO out of which 415.22 times subscription was done in retail quota, 549.44 times subscription in NII quota and 116.34 times subscription in QIB quota.
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