Bookbuilding IPO | ₹66 Cr | Listed at NSE SME | Fri, Sep 1, 2023 - Tue, Sep 5, 2023
Basilic Fly Studio IPO is a book build issue of ₹66.35 crores. The issue is a combination of fresh issue of 0.62 crore shares aggregating to ₹60.53 crores and offer for sale of 0.06 crore shares aggregating to ₹5.82 crores.
Basilic Fly Studio IPO bidding started from Sep 1, 2023 and ended on Sep 5, 2023. The allotment for Basilic Fly Studio IPO was finalized on Sep 11, 2023. The shares got listed on NSE SME on Sep 11, 2023.
Basilic Fly Studio IPO price band is set at ₹97 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,16,400 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,32,800.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Share India Securities Ltd..
Refer to Basilic Fly Studio IPO RHP for detailed Information.
IPO Open
Fri, Sep 1, 2023
IPO Close
Tue, Sep 5, 2023
Issue Price
₹97 per share
Market Cap (Pre-IPO)
₹225.43 Cr
| IPO Date | 1 to 5 Sep, 2023 |
| Listed on | Mon, Sep 11, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹92 to ₹97 |
| Issue Price | ₹97 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 68,40,000 shares (agg. up to ₹66 Cr) |
| Reserved for Market Maker | 10,26,000 shares Share India Securities Ltd. (agg. up to ₹10 Cr) |
| Fresh Issue (Ex Market Maker) | 52,14,000 shares (agg. up to ₹51 Cr) |
| Offer for Sale | 6,00,000 shares of ₹10 (agg. up to ₹6 Cr) |
| Net Offered to Public | 58,14,000 shares (agg. up to ₹56 Cr) |
| Share Holding Pre Issue | 1,70,00,000 shares |
| Share Holding Post Issue | 2,32,40,000 shares |
| NSE Symbol | BASILIC |
| ISIN | INE0OCC01013 |
Basilic Fly Studio IPO comprises a total issue size of 68,40,000 shares. The net offer to the public is 58,14,000 shares, after excluding 10,26,000 shares allotted on a firm basis. Of the Net offer 29,06,400 (49.99%) are allocated to QIB, 8,72,400 (15.01%) allocated to NII 20,35,200 (35.01%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 29,06,400 | 49.99% | 42.49% |
| − Anchor Investor Shares Offered | 17,43,600 | 25.49% | |
| − QIB (Ex. Anchor) Shares Offered | 11,62,800 | 17.00% | |
| NII (HNI) Shares Offered | 8,72,400 | 15.01% | 12.75% |
| Retail Shares Offered | 20,35,200 | 35.01% | 29.75% |
| Firm Reservations | |||
| Market Maker Shares Offered | 10,26,000 | 15.00% | |
| Total Shares Offered | 68,40,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,16,400 |
| Retail (Max) | 1 | 1,200 | ₹1,16,400 |
| HNI (Min) | 2 | 2,400 | ₹2,32,800 |
Basilic Fly Studio IPO raises ₹16.91 crore from anchor investors. Basilic Fly Studio IPO Anchor bid date is August 31, 2023.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Aug 31, 2023 |
| Shares Offered | 17,43,600 |
| Anchor Portion (₹ Cr.) | 16.91 |
| Anchor lock-in period end date for 50% shares (30 Days) | Wed, Oct 11, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sun, Dec 10, 2023 |
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 includes
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.
| Period Ended | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|
| Assets | 53.15 | 15.71 |
| Total Income | 78.95 | 25.29 |
| Profit After Tax | 27.74 | 0.90 |
| NET Worth | 31.67 | 3.94 |
| Reserves and Surplus | 14.67 | 2.74 |
| Total Borrowing | 4.27 | 4.13 |
| Amount in ₹ Crore | ||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 | 19.61 |
| 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 |
| KPI | |
|---|---|
| ROE | 155.63% |
| ROCE | 104.73% |
| Debt/Equity | 0.14 |
| RoNW | 87.59% |
| PAT Margin | 1032.42% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 16.32 | |
| P/E (x) | 5.94 | 8.08 |
| Promoter Holding | 85.42% | |
| Market Cap | ₹225.43 Cr. |
The Basilic Fly Studio IPO is subscribed 358.6 times on September 5, 2023 7:29:00 PM (Day 3). The public issue subscribed 415.22 times in the retail category, 116.34 times in the QIB category, and 549.44 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 116.34 | 11,62,800 | 13,52,79,600 |
| NII* | 549.44 | 8,72,400 | 47,93,30,400 |
| Retail | 415.22 | 20,35,200 | 84,50,46,000 |
| Total | 358.6 | 40,70,400 | 1,45,96,56,000 |
Total Application : 7,04,205
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLMs and commissions (including underwriting commission, brokerage and selling commission) | 1.45 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer and fee payable to the Sponsor Bank for Bids made by RIBs. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, CRTAs and CDPs | 0.01 |
| 3 | Advertising and marketing expenses | 0.05 |
| 4 | Fee payable to auditors, consultants and market research firms: Auditor, IPO Advisor, IPO Consultancy | 0.82 |
| 5 | Others: Listing fees, NSE processing fees, book building software fees and other regulatory expenses; Printing and distribution of stationery, Fees payable to legal counsel; and Miscellaneous, Fees Payable to Market Maker | 0.19 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹97.00 |
| Open | ₹271.00 |
| Low | ₹270.00 |
| High | ₹284.55 |
| Last Trade | ₹284.55 |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
Basilic Fly Studio IPO is a SME IPO of 68,40,000 equity shares of the face value of ₹10 aggregating up to ₹66 Crores. The issue is priced at ₹97 per share. The minimum order quantity is 1200.
The IPO opens on Fri, Sep 1, 2023, and closes on Tue, Sep 5, 2023.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Basilic Fly Studio IPO using UPI as a payment gateway. Zerodha customers can apply in Basilic Fly Studio IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Basilic Fly Studio IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Basilic Fly Studio IPO opens on Fri, Sep 1, 2023 and closes on Tue, Sep 5, 2023.
Basilic Fly Studio IPO lot size is 1200, and the minimum amount required for application is ₹1,16,400.
You can apply in Basilic Fly Studio IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Basilic Fly Studio IPO will be done on Monday, September 11, 2023, and the allotted shares will be credited to your demat account by Wed, Sep 13, 2023. Check the Basilic Fly Studio IPO allotment status.
The Basilic Fly Studio IPO listing date is on Mon, Sep 11, 2023.
