Basilic Fly Studio Limited IPO

About the Basilic Fly Studio Limited IPO: Incorporated in 2016, Basilic Fly Studio is a visual effects (VFX) studio headquartered in Chennai with subsidiaries in Canada and UK specialise in creating visual experiences that captivate audiences worldwide. They hold proficiency in the VFX industry and have delivered high-quality VFX solutions for movies, TV, net series, and commercials. They have established a strong presence in the industry by forging direct partnerships with diverse production houses, as well as collaborating with prominent VFX companies and studios through subcontracting arrangements. Now, Basilic Fly Studio is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to set up a studio/facility at Hyderabad and Salem, to fund the makeover of existing facilities/offices of the company located at Chennai and Pune, for general corporate purposes, and to meet issue expenses. Here are key details about the Basilic Fly Studio Limited IPO: Company Name Sungarner Energies Company Type Private IPO Type SME Basilic Fly Studio Limited IPO Opening Date 1 September 2023 Basilic Fly Studio Limited IPO Closing Date 5 September 2023 Basilic Fly Studio Limited IPO Allotment Status 8 September 2023 Credit of Shares to the Demat Account 12 September 2023 Basilic Fly Studio Limited IPO Listing Date 13 September 2023 Basilic Fly Studio Limited IPO Face Value ₹ 10 per share Basilic Fly Studio Limited IPO Lot Size 1200 shares Basilic Fly Studio Limited IPO Issue Size 66.35 crore Basilic Fly Studio Limited IPO to be Listed on NSE SME Basilic Fly Studio LimitedIPO Price band ₹ 92- 97 per share