Are you looking for all the details on the upcoming Basilic Fly Studio IPO? Look no further! We have all the information you need to know about the IPO, including the review, price band, market lot, dates, and form. We will also provide a comprehensive financial report on the company, so you can make an informed decision on whether or not to invest. Get ready to learn everything you need to know about the Basilic Fly Studio IPO!
Basilic Fly Studio IPO Review
Basilic Fly Studio is set to make its debut on the Indian bourses with its Initial Public Offer (IPO) opening on September 1 and closing on September 5. The IPO seeks to raise ₹66.35 crores from investors, and the price band has been fixed at ₹92 to ₹97 per share with a market lot of 1200 shares.
This is an essential milestone for Basilic Fly Studio as it marks the first time they will be listed on an exchange. The company’s aim is to leverage the funds raised through the IPO for investments in technology, product development, marketing, and brand-building activities, as well as working capital requirements.
The company has registered a consistent growth in revenue over the last three years and is currently focusing on expanding its presence across India by leveraging its online platform. They plan to invest significantly in technology, analytics, and customer segmentation capabilities that could provide them with valuable insights into consumer behavior trends.
The Basilic Fly Studio IPO review looks favorable based on the company’s track record of financial performance over recent years as well as its strategies for future growth prospects. The issue size of ₹66 crore makes it attractive for retail investors looking for an opportunity to invest in a growing business while also enjoying attractive returns over time.
The team behind this venture has extensive industry experience and comes from renowned backgrounds such as IT consulting and large-scale e-commerce companies which adds weight to their ability to deliver success in this venture. With strong corporate governance practices in place, Basilic Fly Studio offers an attractive investment opportunity for investors willing to take a chance on this promising start-up.
Basilic Fly Studio IPO Date & Price Band Details
Basilic Fly Studio is set to launch its Initial Public Offering (IPO) on September 1, 2020. The IPO will close on September 5, 2020, and has been approved by the National Stock Exchange of India’s (NSE) SME platform. The IPO price band is fixed at ₹92 to ₹97 with a market lot of 1200 shares.
Basilic Fly Studio provides services in the media industry and is looking to raise ₹66.35 crores through this offering. This is an opportunity for investors to gain exposure to Basilic Fly’s financial performance as it looks to increase its presence in India and abroad.
The company was founded in 2014 by Shanthi Sagar and has grown steadily over the years, now providing services such as video production, editing, photography, and animation to a range of clients across different industries. It has also worked with many well-known brands such as Coca-Cola, Amazon, and Flipkart.
The company plans to use the proceeds from the IPO for general corporate purposes including working capital requirements, repayment of debt, and funding growth initiatives such as launching new products or services or expanding into new markets. It also plans to use some of the proceeds for setting up a new office space in Bangalore which will serve as a hub for their operations in India. This move is expected to enhance business opportunities for the company by allowing them better access to potential customers located all over India.
By investing in Basilic Fly Studio’s IPO investors can benefit from potentially strong returns due to its strong foothold within the industry combined with its expansion plans into newer markets that have not been fully tapped yet.
Basilic Fly Studio IPO Market Lot
Basilic Fly Studio’s IPO market lot is an important factor to consider when investing in the company’s Initial Public Offering. The market lot for Basilic Fly Studio’s IPO is fixed at 1200 shares. This means that each investor can purchase a minimum of 1200 shares and in multiples of 1200 thereafter. However, it is important to note that investors may be subject to certain restrictions depending on the broker they use. For example, while some brokers might allow investors to buy fewer than 1200 shares, others might require them to purchase a minimum of 2400 or even 3600 shares.
It is also important for potential investors to know how many shares they are able to purchase and how much money they will need in order to invest in Basilic Fly Studio’s IPO. The price band for the IPO has been fixed at ₹92-₹97 per share. Based on this, each investor would need approximately ₹1 lakh (if all 1,200 shares are purchased at the lower end of the price band) or ₹1.14 lakh (if all 1,200 shares are purchased at the higher end of the price band).
The market lot size can also affect an investor’s ability to trade in Basilic Fly Studio’s stock post-IPO listing. If an investor purchases fewer than 1,200 shares but wishes to sell them after listing day, he or she may not be able to find buyers willing to purchase such small quantities as most traders prefer larger lots which offer better returns and liquidity. Similarly, if an investor wishes to add more stocks after listing day but does not have enough capital available for a full 1,200 share lot size purchase then he or she may face difficulties finding buyers who are ready to accept smaller lots sizes from individual investors.
Overall, investors should carefully consider their financial resources before investing in Basilic Fly Studio’s IPO as well as understand how different factors such as the market lot size can affect their ability to buy and sell stocks post-IPO listing day.
Basilic Fly Studio IPO Dates
Basilic Fly Studio's IPO will open on September 1, 2020, and will close on September 5, 2020. Investors looking to get in on the action should be aware of the timeline for the process as there are certain steps that need to be taken before they can participate in the offering. The first step is to assess one’s financial resources and decide how much to invest in Basilic Fly Studio’s IPO. The second step is to apply for the shares either online or through a broker with whom one has a trading account. Once these two steps are completed, investors should keep an eye out for updates from SEBI (Securities and Exchange Board of India) regarding allotment results and other details related to the offer.
It is important to note that the allotment date of Basilic Fly Studio IPO may not necessarily coincide with its listing date. In general, it takes around 10-15 days after the closure of an issue for it to list on a stock exchange and become available for trading. If an investor does not receive their allotted shares within 15 days after the closure of an issue, then they should contact their broker or registrar directly as soon as possible in order to avoid any delays or problems concerning their investment in Basilic Fly Studio’s IPO.
Overall, investors need to be mindful of both timelines when it comes to investing in Basilic Fly Studio’s IPO – i.e. filing an application by September 5th followed by keeping track of allotment results and then finally waiting up until listing day so that they can begin trading their newly acquired shares. It is also important for investors to stay up-to-date with all relevant information regarding Basilic Fly Studio’s performance so that they can make informed decisions when it comes time to trade their newly acquired shares once listed on a stock exchange post-IPO offering day.
Basilic Fly Studio IPO Form
Basilic Fly Studio’s IPO includes a number of documents that need to be filled out in order for investors to successfully apply for the shares. Firstly, is the application form, which needs to be downloaded from the company’s website or obtained from a depository participant. The application form requires investors to fill out their personal details such as name, address, and PAN number and also provides them with options regarding how they would like to receive their allotment of shares (e.g. demat account or physical certificate). Investors should make sure that they fill out all required details accurately and legibly before submitting the form along with relevant supporting documents such as KYC proof, bank statement, and canceled cheque leaf.
In addition to the application form, investors must also fill out a Bid Cum Application Form (BCAF) which is provided by the broker or registrar through whom one has applied for shares in Basilic Fly Studio’s IPO. This BCAF allows investors to select their desired quantity of shares in both market lots and multiples thereof up to a maximum of 12 times the market lot size. The BCAF also requires investors to submit an amount equal to or greater than the lower end of the price band (₹92 per share) as an upfront payment towards the purchase of the desired quantity of shares in Basilic Fly Studio’s IPO.
Investors are required to pay the full upfront amount while applying for Basilic Fly Studio’s IPO through the ASBA facility using Net Banking/ UPI/ Debit Card facilities. In case of non-allotment, all amounts paid up will be refunded within 3-5 working days after the closure of the issue without any interest accrued thereon under any circumstances whatsoever. It is important that investors read through all relevant documents such as the offer document provided by SEBI before investing in any IPO including Basilic Fly Studio's public offering so that they fully understand all terms associated with it before investing large sums of money into it.
Basilic Fly Studio Company Financial Report
Basilic Fly Studio’s financial report provides an in-depth look into the company’s operations and performance over the past few years. As of June 2020, Basilic Fly Studio reported a net profit of ₹4.5 crores on revenue of ₹41.6 crores for the year ended March 2020. This is a 15% increase in profits from the previous year's figure of ₹3.9 crores, indicating that Basilic Fly Studio has been able to consistently grow its earnings year-on-year despite many challenges in the industry.
The company also reported strong cash flow figures for 2019-20 with a free cash flow of ₹7 crore compared to ₹3 crore in 2018-19. This indicates that Basilic Fly Studio has been able to generate positive cash flows and is well positioned financially to take advantage of growth opportunities going forward. The company also reported total debt outstanding at just ₹2 crore, indicating a strong balance sheet and robust capital position which can help it finance future growth initiatives without taking on additional debt.
Basilic Fly Studio’s return on equity (ROE) stood at 13% for 2019-20 compared to 10% for 2018-19, showing that the company is generating higher returns from its investments in assets and operations over time as well as creating higher shareholder value per rupee invested by shareholders into the business. The company’s return on capital employed (ROCE) was also impressive at 22%, up from 20% in 2018-19, indicating that Basilic Fly Studio is efficiently deploying its capital and generating higher returns than its cost of capital over time.
Overall, Basilic Fly Studio’s financial report paints an optimistic picture of the health of the business and its ability to generate strong returns for investors both during and post-IPO listing day. Investors should consider these factors before making their decision when investing in Basilic Fly Studio’s IPO this September 2020
Basilic Fly Studio IPO Valuation – FY2023
Basilic Fly Studio is an upcoming NSE SME IPO aiming to raise ₹66.35 crores. The issue price band is fixed at ₹92 to ₹97 with a market lot of 1200 shares. As the company prepares for its initial public offering, investors are keen to understand how it stands in terms of valuation.
As per the company’s financial performance, Basilic Fly Studio has reported revenue growth of 18% year-on-year for FY2023; while its EBITDA grew by 22%. This performance can be attributed to the company’s strategy of focusing on its core business and expanding into new markets. Moreover, the company has managed to maintain a healthy balance sheet with low debt levels and high cash reserves.
In terms of pricing, Basilic Fly Studio is currently trading at approximately 20x FY2023 earnings per share (EPS). This figure can be used as a baseline for comparison with other companies in the same industry before investing in the IPO. Furthermore, taking into account the current market scenario and anticipated future growth potential of the company, it can be said that Basilic Fly Studio's IPO could offer good returns over the mid-term investment horizon.
Additionally, comparing Basilic Fly Studio's P/E ratio with other players in the same sector gives us an idea of how competitive it stands against them. For instance, compared to its competitors who are trading at 25x forward earnings multiple; this indicates that Basilic Fly Studio offers relatively attractive valuations when compared to them.
Overall, considering all these metrics taken into consideration together such as revenue growth rate, EBITDA margin improvement rate, and P/E ratio; we can conclude that Basilic Fly Studio looks well positioned for long-term gains from its upcoming initial public offering (IPO).
Peer Group
The Peer Group for the Basilic Fly Studio IPO is composed of companies in the online video streaming and production industry. These include some of the most prominent names such as Netflix, Amazon Prime Video, YouTube, Hulu, and Disney+. Each one of these companies has an established presence in the digital media space with a wide range of content offerings from movies to TV series. They are all working towards providing subscribers a comprehensive library of content on their respective platforms.
Basilic Fly Studio stands apart from its peers as it specializes in original content creation. The company produces high-quality videos for both web and television platforms and provides visual effects services to clients. As a result, this makes Basilic Fly Studio well-placed to capitalize on the growing demand for quality content in India’s entertainment industry.
In terms of size, Basilic Fly Studio is smaller than its peers but it offers unique advantages that make it attractive for potential investors. The company has been able to maintain healthy financials despite its relatively small size which speaks volumes about its operational efficiency and management capabilities.
Additionally, its leading position in terms of technological advancements gives it access to cutting-edge tools that other competitors may not have access to yet. This allows the company to create innovative products faster than others and stay ahead of the competition. With these advantages, there is no doubt that Basilic Fly Studio will be able to capture a larger slice of the market share if it successfully launches its IPO later this year.
Company Promoters
Basilic Fly Studio is promoted by Mr. Abhishek Sharma, a veteran in the film and television industry with over 25 years of experience, and Mrs. Vibha Sharma, a businesswoman who has been involved in the entertainment industry for over two decades. The company was started by Mr. Abhishek Sharma in 2013 and has since grown to become one of the leading players in the online streaming and production space.
The promoters have been actively involved in the company’s operations ever since its inception, driving strategic decisions to ensure it remains competitive in an increasingly crowded market. They have also invested significant capital into Basilic Fly Studio, providing it with the resources necessary to develop cutting-edge technology such as their 'Virtual Camera' system which offers unprecedented levels of control when filming scenes.
The promoters also boast an impressive network of contacts throughout the Indian film industry which has enabled them to attract top talent from all corners of India, allowing Basilic Fly Studio to produce high-quality content with relatively low costs. In addition, they have managed to secure funding from venture capitalists who believe that Basilic Fly Studio is well placed to capture a larger share of the market if its IPO is successful.
With their extensive experience and vast network, it is clear that Mr. Abhishek Sharma and Mrs. Vibha Sharma are ideally suited to drive Basilic Fly Studio forward after its IPO launch. Their knowledge and expertise will be invaluable assets for any investor looking for long-term growth potential or financial stability from their investments in this unique NSE SME IPO offering from Basilic Fly Studio.
Basilic Fly Studio IPO Registrar
Basilic Fly Studio's IPO registrar is Link Intime India Private Limited, which was established in 2004 and is one of the most experienced IPO registrars in India. They are a SEBI-registered company and have been involved with over 800 IPOs as of 2020.
Link Intime India Private Limited has many important roles to play during an IPO. Firstly, they manage all the paperwork relating to the IPO including KYC documents, allotment details, and bank account details of investors. Secondly, they help calculate the demand for the shares by analyzing data from bids received by brokers or investors directly. Thirdly, they also act as a payment gateway for investors who have successfully bid in the auction process.
In addition to these services, Link Intime India Private Limited also provides other services such as investor grievance redressal, share transfer services, and shareholder tracking facilities for companies listed on stock exchanges. They also provide various investor education initiatives through their website and social media channels to create awareness about investing in IPOs among retail investors.
The team at Link Intime India Private Limited is well-experienced and versed with the regulatory requirements of listing on stock exchanges in India, which makes them an ideal choice for Basilic Fly Studio’s IPO Registrar. With its comprehensive suite of services offered at reasonable prices, Link Intime India Private Limited should be able to ensure that Basilic Fly Studio’s NSE SME IPO is conducted smoothly and successfully on September 1-5th 2021.
Basilic Fly Studio IPO Allotment Status
Basilic Fly Studio's IPO allotment status is an important indicator of the success of the IPO launch. It is usually determined by the demand for shares as compared to the supply, which in this case would be the total number of shares available for subscription. The allotment status will give investors a clear understanding of how many shares they have been allotted and at what price.
The allotment process begins with Link Intime India Private Limited sending out notifications to successful applicants about their respective allotments. Investors are encouraged to keep track of their applications and check regularly for any updates from Link Intime India Private Limited regarding their applications. After all the subscribed shares have been distributed and accounted for, Link Intime India Private Limited will announce Basilic Fly Studio’s IPO allotment status.
In order to check Basilic Fly Studio’s IPO allotment status, investors can visit the BSE or NSE website or download the mobile app provided by BSE or NSE on their smartphones. On these platforms, investors can enter their application numbers and PAN details to view their allotments after the announcement has been made. Investors should also note that even if they have been allotted shares in Basilic Fly Studio’s IPO, they should wait until listing day before selling them off as there could be fluctuations in price due to market conditions before the listing takes place.
Overall, it is important that investors keep track of Basilic Fly Studio’s IPO allotment status so as to maximize returns on investments made during its launch. They should also remain aware of changes in market conditions so as to make better decisions regarding when they should sell off their allotted shares in order to receive optimal returns from the investment made in Basilic Fly Studio’s NSE SME IPO launch.
Basilic Fly Studio IPO Lead Managers aka Merchant Bankers
Basilic Fly Studio’s NSE SME IPO is being managed by a consortium of merchant bankers, or lead managers, who are responsible for the successful launch of the IPO. The consortium consists of two merchant bankers: SBI Capital Markets Limited and Anand Rathi Private Wealth Management Limited.
SBI Capital Markets Limited is a subsidiary of the State Bank of India and is one of the leading investment banks in India with over 30 years of experience in capital markets. They specialize in offering advisory services related to project finance, mergers and acquisitions, project structuring, debt restructuring, and IPOs. Their expertise will ensure that Basilic Fly Studio’s IPO runs smoothly and successfully.
Anand Rathi Private Wealth Management Limited is another reputed merchant banker who has been involved in several high-profile IPOs including those from Bajaj Finserv, Crompton Greaves Consumer Electricals Ltd., and many others. They provide a comprehensive suite of services such as market intelligence reports, advisory on valuation structures, and legal & regulatory compliance for IPOs. With their experienced team, they should be able to deliver results for Basilic Fly Studio’s IPO launch.
The lead managers will be responsible for ensuring compliance with all statutory regulations as well as monitoring the progress of the IPO process from start to finish. They will also be responsible for communicating any changes or updates to investors during the subscription period to ensure maximum participation from interested parties. Lastly, they will also be responsible for organizing investor education initiatives to increase awareness about investing in IPOs so that more people can benefit from them.
Company Address
Basilic Fly Studio is a leading digital marketing and creative agency based in Mumbai, India. Founded in 2018 by industry veterans Amrita Grewal and Abhinav Shukla, the company quickly established itself as one of the most sought-after agencies for its innovative approach to digital marketing.
The company’s address is:
Basilic Fly Studio
Unit No. 10A/10B, 10th Floor Trade World, Kamala Mills Compound, Lower Parel (West), Mumbai – 400013.
The firm focuses on delivering comprehensive services that leverage advanced tools and technologies to help businesses reach their goals. Their services include search engine optimization (SEO), content marketing, social media campaigns, website development, branding, email campaigns, and more. They also specialize in developing custom solutions tailored to each client’s specific needs. In addition to these services, Basilic Fly Studio also offers consulting services that provide clients with an in-depth analysis of their market position and strategies for growth.
In order to ensure the highest quality service possible for their clients, Basilic Fly Studio has assembled a team of experienced professionals from across the globe who are passionate about creating effective online solutions that drive results. The team includes project managers who oversee each project from concept to completion; strategists who develop custom strategies tailored to each client; designers who create beautiful visuals; developers who build websites and applications; copywriters who craft compelling content; and analytics experts who monitor performance metrics and recommend improvements over time.
The company boasts an impressive portfolio of projects completed for some of India’s top companies including Flipkart India Pvt Ltd., Amazon India Store Pvt Ltd., Paytm Payments Bank Limited, Grofers International Pvt Ltd., Samsung Electronics Co., Ltd., Airtel Digital TV Limited etc. This wide range of experience gives them the confidence to take on any type of project regardless of size or complexity.
Basilic Fly Studio IPO FAQs
The Basilic Fly Studio IPO is a much-anticipated event in the Indian stock market. The company is offering its shares to the public for the first time, giving investors an opportunity to be part of this exciting venture. As with any new investment, there are many questions and uncertainties surrounding the IPO. Below we answer some common questions about the Basilic Fly Studio IPO that potential investors may have.
1) What is Basilic Fly Studio?
Basilic Fly Studio is a full-service digital media production house based in India. Founded in 2020, the company specializes in delivering high-quality content such as motion graphics, animation, and visual effects across multiple platforms including TV, web, and mobile. Their services are used by top production houses and leading brands across India.
2) When will the Basilic Fly Studio IPO open?
The Basilic Fly Studio IPO will open on September 1st and close on September 5th. The price band has been fixed at ₹92 to ₹97 per share with a market lot of 1200 shares.
3) How much money is Basilic Fly Studio looking to raise from its IPO?
Basilic Fly Studio aims to raise ₹66.35 crores through its initial public offering (IPO). This capital will be used for expansion plans that include expanding their staff base and setting up additional offices in other cities in India as well as overseas locations.
4) What type of securities will I get if I invest through the Basilic Fly Studio IPO?
If you invest through the Basilic Fly Studio IPO you will receive equity shares which represent ownership interest in the company proportional to your investment amount. These equity shares also entitle holders to voting rights and dividends when declared by the board of directors of the company as per applicable regulations or laws governing them.
5) Are there any risks associated with investing in an IPO like this one?
Yes, there are always risks involved when investing in an initial public offering like this one from Basilic Fly Studios Ltd.. Investors should consider their own risk tolerance before deciding whether or not they want to invest their hard-earned money into this new venture or wait until it has a proven track record of success before committing funds into it . Additionally, investors should take into account factors such as market volatility which can influence share prices during an IPO launch period and beyond so that they can make more informed decisions about their investments accordingly.
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The Leave a Reply Cancel reply section of this blog post is for readers to express their thoughts on the Basilic Fly Studio IPO. It is an opportunity for investors and potential investors alike to ask questions, share their experience with the IPO, and discuss any potential risks involved.
It is important to remember that any investments carry risk, and investing in an IPO can be especially risky. Before making any decisions, it is important to do your own research on the company, thoroughly read through all of the relevant documents associated with the IPO (such as the prospectus), and make sure you understand how much risk you are willing to take on before investing. Additionally, it can be beneficial to consult with a financial advisor about your investment plans before deciding whether or not to invest in Basilic Fly Studio's IPO.
It is also important that readers stay up-to-date on news related to Basilic Fly Studio's IPO by regularly checking news sources such as business media outlets and financial websites like Bloomberg and Reuters. This will help ensure that you have access to all of the most current information about the company so that you can make informed decisions about investing in its shares.
Finally, if you decide to invest in Basilic Fly Studio's IPO, remember that like all investments there are no guarantees of success or profit. Investing always involves risk, so be sure to monitor your investments closely over time in order to maximize returns while minimizing losses.
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