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BASILIC IPO

Basilic Fly Studio Limited

IPO Doc

Start Date01-09-2023

Application Timing10am-5pm

Price Range₹92 - ₹97

Min Qty1200

Min. Investment₹110400

Listing DateNA

Close Date05-09-2023

About Basilic Fly Studio Limited

Basilic Fly Studio is a visual effects (VFX) studio headquartered in Chennai, India with subsidiaries operating at Canada and UK, which specialize in creating visual experiences that captivate audiences around the world. They hold proficiency in the VFX industry and have delivered high-quality VFX solutions for movies, TV, net series, and commercials.

They specilize in

Final Compositing and Rotoscopy,
Camera/ Body Tracking and Rotomation/ Object Tracking,
Paint And Preparation,
Previs or Previsualization,
Computer Graphics, and
Onset Supervision.

The company has over 500 skilled individuals and has offices in Pune, London, and Vancouver.

The global animation and visual effects market size was at USD 168 billion in 2021 and is projected to grow to USD 290 Bn by 2024 at a CAGR of 10.94%. One of the main factors leading to the development of the VFX market worldwide is the introduction of Augmented Reality (AR). The increasing demand for digital content has created a need for innovation in visual effects for new experiences like AR. The global gaming market was valued at USD 198.4 Bn in 2020 and is expected to reach USD 314.4 billion by 2026, growing at a CAGR of 9.64%

In India, jointly the animation, VFX and post-production sector is expected to reach Rs.180 billion by 2024.

Why To Invest in Basilic Fly Studio Limited

Niche player in the VFX market, global presence in a growing business segment. IPO proceeds will be utilised to set up new studios and infrastructure in new locations within and outside India

Strengths And Risks

Well equipped with advance technology: : The company is well equipped with all the advance equipments as needed in the Industry. This provides the company with the edge over its competitors.

Experienced Promoters and Technically Sound Operation Team: : The Promoters have significant industry experience and have been instrumental in the consistent growth of the Company. Their management and technical professional teams combine expertise and experience to ensure successful execution of the plans.

Market Risk: : The company operates in the constantly evolving VFX market, which is subject to rapidly changing clients’ behaviour and tastes, and depends on audience acceptance of content for which the Company provides VFX services and the long-term popularity of the brands.

Legal and Compliance:: There are outstanding litigations involving the company, directors and promoters, the outcome can impact the business. Also, there are delays in compliances with some statutory provisions of the Companies Act which can attract penalties.

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Astha Credit & Securities Pvt Ltd
NSE, BSE & MCX Sebi Reg No:
INZ000187932

For any grievance contact:
grievance@rupeezy.in
0755-4268599

Membership ID:
NSE - 12227 BSE-6844 MCX - 40000
NSDL-IN303420 CDSL-94500

For cyber attack incident reporting:
gyanesh@rupeezy.in
9669695615

CIN:
U65929MP2003PTC016241

SEBI RA Registration:
INH000013332

SEBI Depository Participant Reg No:
IN-DP-611-2021

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Attention Investors:
1.No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. 2.KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

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Awareness regarding guidelines regarding margin collection:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020
Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge
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All investors are requested to take note that 6 KYC attributes i.e. Name, PAN, Address, Mobile Number, Email id and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update the custodian details.
The last date to update KYC is on or before March 31, 2022.
Thereafter non-compliant trading accounts will be blocked for trading by the Exchange.
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To ensure smooth settlement of trades, the investors are requested to ensure that both the trading and demat accounts are compliant with respect to the KYC requirement.
The investors are hereby requested to comply with the regulatory guidelines issued by Exchanges and Depositories from time to time with regard to KYC compliance and related requirements.

Disclaimer:

Investment in the securities market is subject to market risks, read all the related documents carefully before investing.
Brokerage will not exceed SEBI prescribed limit.
Please refer to the Risk Disclosure Document issued by SEBI and go through the Rights and Obligations and Do's and Don'ts issued by Stock Exchanges and Depositories before trading on the Stock Exchanges.
For commodities derivatives please note that Commodities Derivatives are highly leveraged instruments.
Before investing in the asset class consider your investment objectives, level of experience and risk appetite carefully.
Mutual fund investments are subject to market risks, read all scheme related documents carefully. Mutual Funds are not an approved product of the Exchanges and any dispute related to this will not be dealt at Exchange platform. ACSPL is a Mutual fund distributor/s registered for Mutual Funds.

Client Bank account Details:

Sr. No	Name of Bank Account	Bank Account Number	IFSC Code
1	ASTHA CREDIT AND SECURITIES P LTD - USCNBA A/c	00620340000150	HDFC0000062
2	ASTHA CREDIT AND SECURITIES P LTD - USCNBA A/c	57500000351820	HDFC0000062

*Investors are requested to note that Stock broker Astha Credit and Securities Private Limited is permitted to receive/pay money from/to investor through designated bank accounts only named as client bank accounts. Stock broker Astha Credit and Securities Private Limited is also required to disclose these client bank accounts to Stock Exchange. Hence, you are requested to use following client bank accounts only for the purpose of dealings in your trading account with us. The details of these client bank accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker.

Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors. We do Pro trading.

Client registration documents in Vernacular languages: Get Documents