01 Sept 2023
05 Sept 2023
₹92 to ₹97
08 Sept 2023
13 Sept 2023
Basilic Fly firm Limited, founded in 2016, is a visual effects (VFX) firm based in Chennai, India, with branches in Canada and the United Kingdom. Basilic Fly Studio creates visual effects for films, television shows, web series, and advertisements.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects: Expenditure for setup of Studio/Facility at Hyderabad and Salem. Expenditure for adding infrastructure to further strengthen the existing facilities/offices of the company located in Chennai and Pune. Making investments through equity in the subsidiaries for expansion of workspace by acquiring new office space located in London and strengthening the existing facilities/offices located in Vancouver. General Corporate Purposes and Issue Expenses.
The book-running lead managers to the offer are: GYR Capital Advisors Private Ltd