Basilic Fly Studio IPO closes today: GMP, subscription status, other details
1 min read 01 Sep 2023, 01:58 PM ISTBasilic Fly Studio IPO subscribed 358.60 times, grey market premium at ₹225. Expected listing price around ₹322.
PremiumBasilic 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.
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