Basilic Fly Studio IPO closes today: GMP, subscription status, other details | Mint – Mint

Basilic Fly Studio IPO: The initial public offering (IPO) Basilic Fly Studio Limited opened for subscribers on Friday, September 1 and has closed today (5th September 2023). The VFX studio headquartered in Chennai has fixed Basilic Fly Studio IPO price band at 92 to 97 per equity share and the company aims to raise 66.35 crore from its initial offer. The book build issue is proposed for listing on NSE SME exchange and the SME IPO has received strong response on day one of the public issue opening. As per the Basilic Fly Studio IPO subscription status, on the final day of bidding, the book build issue has been subscribed 358.60 times whereas its retail portion has been subscribed 415.22 times.
Meanwhile, grey market is signaling strong buzz in regard to Basilic Fly Studio IPO. According to topsharebrokers.com, shares of Basilic Fly Studio Limited are available at a premium of 225 in grey market today.

Basilic Fly Studio IPO GMP today

According to topsharebrokers.com, Basilic Fly Studio IPO grey market premium (GMP) today is 225, which is  231.6 per cent higher from Basilic Fly Studio IPO price band of 92 to 97 per equity share. This means, grey market is expecting that Basilic Fly Studio IPO listing price would be around 322 ( 97 + 225). Today IPO GMP trending upward and expects a strong listing. The lowest GMP is 145, while the highest GMP is 280.

Basilic Fly Studio IPO subscription status

As per the Basilic Fly Studio IPO subscription status, on final day of bidding, the book build issue has been subscribed 358.60 times whereas its retail portion has been subscribed 415.22 times. The public issue has been subscribed 116.34 times by QIB portion and NII’s have been subscribed 549.44 times, according to chittorgarh.com.

Basilic Fly Studio IPO details

The book build issue is proposed for listing on NSE SME exchange and it aims to raise 66.35 crore from this initial offer. Most likely Basilic Fly Studio IPO allotment date is 8th September 2023 whereas Purva Sharegistry India Pvt Ltd has been appointed as official registrar of the NSE SME IPO. Basilic Fly Studio IPO listing date is likely on 13th September 2023. GYR Capital Advisors Private Ltd is the lead manger of the issue. 
Milestone Alert!
Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!
Download the Mint app and read premium stories
Log in to our website to save your bookmarks. It’ll just take a moment.
You are just one step away from creating your watchlist!
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.
Your session has expired, please login again.
You are now subscribed to our newsletters. In case you can’t find any email from our side, please check the spam folder.
This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp

source


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *