Business
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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