Basilic Fly Studio Ltd |
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Registered Office: Tower A KRC Commerzone Mount -, Ponamallee Road Porur, Chennai - 600116, Tamil Nadu |
Phone: +91 9416422201 |
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 | ||
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Opens On | Closes On | Application | Allotment |
01-Sep-2023 | 05-Sep-2023 | ₹ 97.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0 | ||
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(₹)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 | ₹97.00 |
Projects |
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Expenditure for setup of stuio/facility at Hyderabad & Salem |
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 & Vancouver |
Making 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 |
General corporate purposes |
Promoted By |
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Balakrishnan |
Yogalakshmi S |
Listing At |
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NSE - SME |
Registrar to the Issue |
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