Basilic Fly Studio Raises INR 85 Crore Through QIP to Fuel Global Expansion

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Chennai (Tamil Nadu) [India], September 20: Basilic Fly Studio Limited (BFS), a pioneering force in the world of visual effects (VFX), has successfully raised ₹84.99 crore via a Qualified Institutional Placement (QIP). The company issued 20.25 lakh equity shares, priced at ₹419.72 per share, inclusive of a premium of ₹409.72.

Fundraising Highlights:

  • Number of shares allotted: 20,25,000 equity shares
  • Face value: ₹10 per share
  • Issue price: ₹419.72 per share (including a premium…



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Basilic Fly Studio Raises INR 85 Crore Through QIP to Fuel Global Expansion


Chennai (Tamil Nadu) [India], September 20: Basilic Fly Studio Limited (BFS), a pioneering force in the world of visual effects (VFX), has successfully raised ₹84.99 crore via a Qualified Institutional Placement (QIP). The company issued 20.25 lakh equity shares, priced at ₹419.72 per share, inclusive of a premium of ₹409.72.

Fundraising Highlights:

  • Number of shares allotted: 20,25,000 equity shares
  • Face value: ₹10 per share
  • Issue price: ₹419.72 per share (including a premium…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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