Archive · 20 Sep 2025
Basilic Fly Studio Raises ₹85 Crore via QIP for Global Expansion
Imagine a company that makes special effects for movies, like the ones you see in your favorite films!
This company, called Basilic Fly Studio, just got a bunch of money by selling new shares.
They raised about 85 crore rupees, which is like getting a huge amount of allowance!
They plan to use this money to grow bigger, open offices in places like London and Paris, and get even better at making cool effects.
They want to work on big projects for big movie studios like Netflix and Warner Brothers, making sure the movies look amazing!
Basilic Fly Studio raised ₹84.99 crore through a QIP.
The company issued 20.25 lakh shares at ₹419.72 each.
Funds will support global expansion and technology investments.
57% of participation was from foreign portfolio investors.
The company plans to expand teams and infrastructure.
- Who
- Basilic Fly Studio Limited
- What
- Raised ₹84.99 crore through a Qualified Institutional Placement (QIP).
- When
- September 20
- Where
- Chennai, India
- Why
- To fuel global expansion, invest in technology, and enhance financial flexibility.
- Company
- Basilic Fly Studio Limited (BFS)
- Amount Raised
- ₹84.99 crore
- Share Price
- ₹419.72 per share
- Shares Issued
- 20.25 lakh
- Use of Funds
- Global expansion, tech investment