IPO Deliver

Basilic Fly Studio IPO Dates, Price band, Review & allotment Details 2023

Basilic fly studio limited logo

Basilic Fly Studio is set to launch an IPO which will open on September 01, 2023, and close on September 05, 2023. Through this public offer company wants to raise Rs.66.35 Crore from the primary market, Company fixed the IPO price of Rs. 92-97 with a minimum lot of 1200 shares, and list on September 13, according to the preliminary papers draft red herring prospectus (DRHP) filed to the capital market regulator SEBI.

BASILIC FLY STUDIO is specializing in creating visual experience VFX solution for the movies, TV shows, net series and commercials. Company serving clients from diverse sectors and countries and has earned the name in VFX industry. Company conduct operation with provide reliable and cost effective and high quality VFX shots at the competitive price for the US and European market. In the fiscal year 2023, the company generated Rs. 78.66 Crore in revenue from export operations, and Rs. 25.15 crore in the year 2022.

Service offered by the company:

  1. Final Compositing and rotoscopy
  2. Camera body tracking rotomation
  3. Paint and preparation
  4. Previs
  5. Computers Graphic
  6. Onset supervision

The company has completed more than 900 movies projects and 2000 series projects. Some of key Projects of company:

  1. Top Gun Mavrick
  2. The Whale
  3. Spider man
  4. Avengers
  5. Alita
  6. Shang-chi and legend of the ten rings

#Basilic Fly Studio IPO Object

The company proposed to use the IPO Funds for the below-mentioned purposes:

  1. Upto Rs. 21.35 crore of the total net proceeds fund will be used for setup studio/facility at Hyderabad and salem.
  2. Upto Rs. 24.26 crore of the total net proceeds fund will be used for adding infrastructure to further strengthen the existing studio/facility.
  3. Rest funds will be used for working capital requirements general corporate purposes and offer expense.

#Basilic Fly Studio Strength

  1. Well equipped with advanced technology
  2. Experienced and dedicated/talented team members

#Basilic Fly Studio Forward Statements

  1. Intensified competition
  2. Dependence on production house and film directors, other industry participants.
  3. Fail to sustain effective business growth
  4. No long-term contracts with the customers.
  5. Company has experienced the negative cash flow in the past.

#Basilic Fly Studio IPO Review & Rating

Issue Size 66.35 crore (Book built issue)
Issue Price Rs. 97 per share
Lot size 1200 shares
Market Capitalization 225.43 crore
Profit – 2023 27.74 crore
Total Assets – 2023 53.15 crore
Debt/Equity ratio 5.96
NAV Value Rs. 18.36 per share
Pre-offer Promoter holding 85.42%
Listing on Stock Exchanges SME Platform of NSE (NSE Emerge)
IPO Deliver Rating 3/10

#Basilic Fly Studio IPO Dates, Price Band, Lot Size & Details

C P S Shaper IPO is open on September 01, 2023, and closes on September 13, 2023. The IPO list on September 13, 2023.

Type of issue Fresh issue and offer for sale
Issue Size Rs. 66.35 Crore (68,40,000 shares)
Price band Rs. 92-97 per share
Lot size 1200 equity shares
Face Value Rs.10 each equity share
IPO Open September 01, 2023
IPO Close September 05, 2023
IPO Allotment Date September 08, 2023
Refund Date September 11, 2023
Listing Date September 13, 2023
Fresh Issue Rs. 60.53 Crore (62,40,000 equity share)
Offer for sale Rs. 5.82 Crore (6,00,000 equity share)

 

#Basilic Fly Studio Financials Review (Lakhs)

The following table set forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022 & 2021.

Category March 31, 2023 March 31, 2022  

March 31, 2021

 

Total Revenue 7,895.15 2,528.78 1,730.93
Net worth 3,166.98 394.16 197.94
Profit after Tax (PAT)

 

2,774.02 90.10 33.65
Total Borrowings

 

427.08 413.23 35.06

 

#Basilic Fly Studio IPO Quantitative Factors

The following table set forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022 & 2021.

Category March 31, 2023 March 31, 2022 March 31, 2021
Basic EPS 3.36 9.01 16.32
Diluted EPS 3.36 9.01 16.32
P/E Ratio 9.44 9.44 9.44
RoNW 11.31% 22.86% 87.59%
NAV 18.63 39.42 29.75

 

#Basilic Fly Studio IPO Industry peers

Company EPS P/E Ratio RoNW NAV
Prime Focus Ltd. 8.50 9.29 584.87 5.24
Phantom Digital Efforts Ltd. 15.97 9.59 36.63 37.98

 

# Basilic Fly Studio IPO Registrar

Purva Sharegistry (India) Private Limited

Regd. Office: : 9 Shiv Shakti Industrial Estate, J.R Boricha Marg, Lower Parel (East), Mumbai- 400011,

Tel: +91 022-4961-4132 and Email: support@purvashare.com

Website: www.purvashare.com

#Basilic Fly Studio IPO lead manager

GYR Capital Advisors Private Limited

Regd. Office: 428, Gala Empire, Near JB Tower, Drive in Road, Thaltej, Ahmedabad -380 054, Gujarat, India

Tel No.: +91 87775 6464 and Email: info@gvrcapitaladvisors.com

Website: www.gyrcapitaladvisors.com

#Basilic Fly Studio IPO – DRHP & RHP

Draft red herring prospectus (DP) – Click to view/download

Red herring prospectus (RHP)  – Click to view/download

#Basilic Fly Studio IPO Pre-offer and Post-Offer Promoters shareholding

Pre-offer promoter (02) & promoter group (04) shareholding 85.40%

Post-offer promoter & promoter group shareholding …..%

# Basilic Fly Studio Company Promoter

The company has two promoters

  1. Balakrishnan
  2. Yogalakshmi S
  • Pre-offer shareholding: 85.40.80% (1,45,17,150 equity shares) Post-offer shareholding: ….%
  • The average cost of acquisition for promoter-selling shareholders: Rs. 0.60 per equity share.

#Basilic Fly Studio IPO Reservation

Money Market reservation 10,26,000 equity shares

Retail investor (QIB): Not more than 50% of the offer size i.e. 29,06,400 equity shares.

NII: Not less than 15% of the offer size i.e. 8,72,400 equity shares

RII: Not less than 35% of the offer size i.e 20,35,200 equity shares.

#Basilic Fly Studio IPO Application

Option-1 Apply for IPO through Internet Banking

  • Log into your bank account.
  • In the invest Tab, you will see ASBA, click on it.
  • Choose to apply for IPO and select the ongoing IPO “Basilic Fly Studio Limited
  • Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
  • After the above steps the respective amount will get blocked till the allotment date and after it will get a refund/debited in case of rejection/allotment respectively.

Option-2 Apply for IPO through a Broker

  • Log into your broker account (Upstox/Zerodha etc.)
  • Click on the IPO tab and select the ongoing IPO “Basilic Fly Studio Limited
  • Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
  • Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your account or get refunded in case no allotment is made to you.

Option-3 Apply for IPO Offline Mode Bank mode

  • Visit the nearest branch of your bank
  • Fill out the ASBA form and submit it with KYC details
  • Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your bank account or refunded in case no allotment is made to you.

Option – 4 Apply for IPO through Stock Exchanges

NSE Form – Click to download

BSE Form – Click to download

Submit the form with your bank/broker.

#Basilic Fly Studio Company Details

Basilic Fly Studio Limited (Registered on January 28, 2016)

Regd. Plot No. T ower A, KRC Commerzone, Mount Poonamallee Road, Porur, Chennai – 600116, Tamil Nadu

Tel: +91 44-61727000 & Email: cs@basilicfly.com

Website: www.basilicflystudio.com

Investor Grievances/Compliance officer: Mr. Nikhil Midha

Subsidiary Companies:

  1. Basilic Fly Studio UK Private Limited
  2. Basilic Fly Studion Cananda Limited

#Basilic Fly Studio Company Board (Top 2)

Mr. Balakrishnan (37) Managing Director

Mrs. Yogalakshmi S (33) Whole time Director

#Basilic Fly Studio IPO – Frequently Asked Questions (FAQ’s)

Q-1 what is Basilic Fly Studio IPO Open date?

Ans: Basilic Fly Studio IPO opening date is September 01– September 05, 2023.

Q-2 what is Basilic Fly Studio IPO Close date?

Ans: Basilic Fly Studio IPO opening date is September 05, 2023

Q-3 What is Basilic Fly Studio IPO Listing date?

Ans: Basilic Fly Studio IPO opening date is September 13, 2023

Q-4 What is Basilic Fly Studio IPO Minimum investment amount?

Ans: Basilic Fly Studio IPO minimum investment amount is Rs. 1,16,400.

Q-5 What is Basilic Fly Studio IPO offer issue Size?

Ans: Basilic Fly Studio offer an issue size of Rs. 66.35 crores, which comprise fresh issue.

Q-6 What is Basilic Fly Studio IPO Price Band?

Ans: Basilic Fly Studio IPO price band is Rs 92-97per share.

Q-7 Is any similar segment/sector listed company in India?

Ans: Yes

Q-8 Is Basilic Fly Studio IPO mainboard IPO or SME IPO?

Ans: Basilic Fly Studio IPO is the SME IPO.

Q-9. What is Basilic Fly Studio’ promoter name?

  • Ans: Basilic Fly Studio has two promotors Balakrishnan & Mrs. Yogalakshmi S

Q-10 Basilic Fly Studio IPO Rating by IPO Deliver Team?

Ans: Three Rating

6 thoughts on “Basilic Fly Studio IPO Dates, Price band, Review & allotment Details 2023”

Leave a Comment