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Basilic Fly Studio Limited IPO Received Historic Oversubscription of 287 Times
New Delhi (India), September 7: Initial public offer (IPO) of Basilic Fly Studio oversubscribed by 286.61 times, procuring ₹14,168.62 crore against IPO size of ₹ 66.35 crore. Total number of shares offered for subscription was 68,40,000 equity shares of which anchor allotment was of 17,43,600 shares. The Company received total bids of 13,52,79,600 for QIB category was oversubscribed by 116.34 times. NII Category was subscribed 549.44 times while retail portion […]
New Delhi (India), September 7: Initial public offer (IPO) of Basilic Fly Studio oversubscribed by 286.61 times, procuring ₹14,168.62 crore against IPO size of ₹ 66.35 crore.
Total number of shares offered for subscription was 68,40,000 equity shares of which anchor allotment was of 17,43,600 shares. The Company received total bids of 13,52,79,600 for QIB category was oversubscribed by 116.34 times. NII Category was subscribed 549.44 times while retail portion (RII) category oversubscribed by 415.22 times making an issue overall subscribed by 286.61 times garnering subscription money of ₹14,168.62 crore. The shares will be listed on NSE Emerge.
Basilic Fly Studio Limited, is one of the top visual effects (VFX) studios in India having headquarters in Chennai and Pune with subsidiaries operating in Canada and UK. The Company till date has over 10,000 completed projects, BFS has worked with more than 300 clients, including 900 movies, 2,000 series, and 8,000 commercials.
