The upcoming Initial Public Offering (IPO) of Basilic Fly Studio Limited Company, a pioneering and innovative firm in TV Broadcasting and Software Production, has been announced with much anticipation. The IPO is poised to commence on 01 September 2023 and is scheduled to conclude on 05 September 2023, extending an exclusive opportunity to potential investors to engage in Basilic Fly Studio Limited Company’s remarkable journey. Within this comprehensive overview, readers will delve into the very essence of Basilic Fly Studio Limited Company, explore the intricacies intrinsic to the IPO process, gain insights into the meticulously laid-out timetable governing the proceedings, and attain a clearer understanding of the company’s financial prowess. This collective information paves the way to navigate the enticing landscape of investment prospects.

Basilic Fly Studio Limited has a specialty in the creation of thrilling visual experiences that connect audiences all over the world. The company has over a decade of expertise and continuously stretched the boundaries of creativity and technology to deliver excellent visual effects solutions for films, television shows, web series, and commercials. 

Basilic Fly Studio Limited is proud of its professional artists, dedication to incorporating cutting-edge technology, and track record of serving clients from a variety of industries and countries. Basilic Fly Studio Limited has a famous reputation in the VFX industry as a result of their efforts. Basilic Fly Studio Limited’s work can be seen on a variety of platforms and apps.

The journey of the company began with a strong emphasis on extreme care to detail in order to achieve high-quality results. Despite its humble start, the company’s aims and vision have grown. Starting as a startup, the company began its operations with only a few employees and a workspace measuring 800 square feet. 

Basilic Fly Studio Limited, a certified and Trusted Partner Network studio, specializes in a wide array of VFX services, including final compositing, rotoscoping, camera and object tracking, rotomation, paint and preparation, previsualization, and computer graphics. Their expertise encompasses tasks like enhancing live video, matching camera movements, creating computer-generated elements, and supervising on-set VFX to ensure alignment with the script and efficient communication across teams. These services collectively enhance storytelling and captivate audiences by seamlessly integrating visual components into various creative fields such as film, animation, and gaming.

The company has successfully executed projects that have gained industry recognition and viewer appreciation. Some notable examples include:

–  Top Gun: Maverick

–  The Whale 

–  Spider-Man: No Way Home  

–  Shang-Chi and the Legend of the Ten Rings  

–  Ad Astra  

–  Avengers: Endgame  

–  Alita: Battle Angel  

–  Mary Poppins Returns  

–  Alice Through the Looking Glass 

Basilic Fly Studio Limited IPO Complete Details:

Basilic Fly Studio Limited IPO Timetable:

Company Financial Details:

AS OF NOW, the GMP OF Basilic Fly Studio Limited is Around 280 Rs.

Objects:

1. Allocating funds for the establishment of a studio/facility in Hyderabad and Salem.
2. Directing funds towards enhancing infrastructure to reinforce the company’s existing facilities and offices situated in Chennai and Pune. Additionally, making equity investments in subsidiaries for offices/facilities located in London and Vancouver.
3. Utilizing funds for general corporate purposes.
4. Covering expenses related to the issue itself.

Promoter Details:

Mr. Balakrishnan: Mr. Balakrishnan, aged 37, serves as the Promoter and Managing Director of the Company. Holding a Master’s degree in Electronic Media from Anna University, he was appointed to the Board on January 28, 2016, assuming the role of Managing Director. With over 13 years of industry experience, he has collaborated with Academy Award-winning supervisors and Oscar-nominated directors on various projects. His leadership has been pivotal in driving the Company’s growth to its current stature.

Ms. Yogalakshmi S: Ms. Yogalakshmi S, aged 33, is the Promoter and Whole Time Director of the Company. She holds a Bachelor of Engineering degree in Electronics and Communication from Anna University. With an extensive experience spanning more than 11 years, she transitioned from a US-based IT company to join Basilic Fly Studio. In her role, she efficiently manages and supervises operations. Her significant contribution has played a vital role in the Company’s growth and development.

FAQs: