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Basilic Fly Studio Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Basilic Fly Studio Ltd IPO

Registered Office: Tower A KRC Commerzone Mount -,Ponamallee Road Porur , Chennai - 600116 , Tamil Nadu , India.
Phone : +91 9416422201   Fax:
Email :  cs@basilicfly.com  
Website :  www.basilicflystudio.com
Public offer of 68,40,000 equity shares of face value of (Rs)10 each ("Equity Shares") of Basilic Fly Studio Limited (the "Company" or the "Issuer") for cash at a price of (Rs)97 per equity (the "Offer Price") aggregating to (Rs)66.35 crores* ("The Offer") comprising of a fresh offer of up to 62,40,000 equity shares aggregating to (Rs)60.53 crores* (the "Fresh Offer") and an offer for sale of 6,00,000 equity shares by the selling shareholders ("Offer for Sale") aggregating to (Rs)5.82 crores* of which 10,26,000 equity shares aggregating to (Rs)9.95 crores* will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 58,14,000 equity shares aggregating to (Rs)56.40 crores* (the "Net Offer"). The offer and the net offer will constitute 29.43% and 25.02 % respectively of the post offer paid up equity share capital of the company. *Subject to finalization of basis of allotment

Issue Money Payable On
Opens On Closes On Application Allotment
01-Sep-23 05-Sep-23 (Rs)97.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 58.00
GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 66.35  
Post Issue Equity Share Capital 23.24  
Issue Price (Rs)97.00  
 
Projects
Expenditure for setup of stuio/facility at Hyderabad & SalemMaking investment through equity in the subsidiaries for expansion of workspace by acquiring new office space located at London and strengthen the existing facilities/office located at Vancouver
Expenditure for adding infrastructure to further strengthen the existing facilities/offices of the company located at Chennai and Pune. Making investment through equity in the subsidiaries for the offices/facilities located at London & VancouverGeneral corporate purposes
Promoted By
Balakrishnan  
Yogalakshmi S  
Listing At
NSE - SME 
Registrar to the Issue
Purva Sharegistry (I) Pvt Ltd