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Basilik Fly Studio has made a strong entry in the stock market. The company’s shares are listed at a premium of 180 percent. In Basilik Fly Studio’s IPO, the company’s shares were priced at Rs. 97 were allotted. Shares of the company Rs. 271 are listed. That is, investors who invested in the company’s IPO made a whopping profit of Rs 174 per share. After the listing, shares of Basilik Fly Studio traded on the NSE SME platform with an increase of around 1% at Rs. is trading at 273.
Investors who get shares will get Rs. More than 2 lakhs have been benefited
Retail investors can bid for 1 lot in Basilik Fly Studio’s IPO. 1 lot of company’s IPO has 1200 shares. On each share on listing investors will get Rs. 174 has made a profit. In such a situation, investors have to pay a total of Rs. 2.08 lakhs profit has been made. The company’s IPO was open for subscription on September 1 and remains open till September 5, 2023.
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The company’s IPO has been subscribed more than 358 times
A total of 358.60 times bets have been placed on the Basilik Fly Studio IPO. The retail quota of the company’s IPO has been subscribed 415.22 times. At the same time, non-institutional investors (NII) have subscribed 549.44 times the quota. While the quota of Qualified Institutional Buyers (QIB) has been subscribed 116.34 times.
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What does Basilik Fly Studio do?
Basilik Fly Studio is a visual effects (VFX) studio, headquartered in Chennai. Its subsidiaries operate in Canada and the UK. The company provides visual effects solutions for films, television, net series and commercials. Basilik Fly Studios has worked on Hollywood films such as Avengers: Endgame, Spider-Man: No Way Home and Top Gun: Maverick.
Disclaimer: Information about stock performance is provided here only, not investment advice. Investment in stock market is subject to risk and please consult your advisor before investing.