Basilic Fly Studio Limited Raised Rs 85 Crores in Qualified Institutional Placement (QIP)

Basilic Fly Studio Limited, an award-winning and creatively driven global VFX powerhouse, has successfully raised Rs 85.00 Crores through its Qualified Institutional Placement (QIP). The QIP, launched on September 08, 2025, and closed on September 11, 2025, saw significant interest from investors, underscoring strong confidence in the company's strategic vision and market position.

Basilic Fly Studio Limited allocated 20,25,000 equity shares, each with a face value of Rs 10, to qualified institutional buyers (QIBs) at an issue price of Rs  419.72 per share. This includes a discount of Rs  22.09 i.e., 5.00  per cent of the floor price, as determined by SEBI regulations. The QIP was fully subscribed, reflecting the high demand and investor confidence in Basilic Fly Studio Limited.

Investors participating in this QIP include NORTH STAR OPPORTUNITIES FUND VCC-LIGHTHOUSE CAPITAL INCORPORATED VCC SUB-FUND,GOLDEN EQUITY FUND SERIES I, NINE ALPS TRUST-NINE ALPS OPPORTUNITY FUND, HDFC BANK LIMITED, FINAVENUE CAPITAL TRUST- FINAVENUE FROWTH FUND, RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED, BEACON STONE CAPITAL VCC-BEACON STONE I, SB OPPORTUNITIES FUND II, VIKASA INDIA EIF I FUND - INCUBE GLOBAL OPPORTUNITIES, ASTORNE CAPITAL VCC – ARVEN, SMART HORIZON OPPORTUNITY FUND, SAINT CAPITAL FUND, DOVETAIL INDIA FUND CLASS 8 SHARES, 31 DEGREES NORTH FUND-31 DEGREES NORTH FUND I, SUNRISE INVESTMENT TRUST- SUNRISE INVESTMENT OPPORTUNITIES FUND.

The Book Running Lead Manager (BRLM) to the QIP issue is GYR Capital Advisors Private Limited.

Use of Proceeds

The funds raised through the QIP will be strategically deployed to:

Funding of inorganic growth opportunities, including but not limited to acquisitions, strategic investments, and joint ventures.

Technology Enhancement and Expansion.

About Basilic Fly Studio Limited.

The Company recently reported robust performance in FY25, achieving:

• Revenue: Rs 306.07 crore (up 189 per cent YoY)
• PAT: Rs 46 crore
• ROE: 28 per cent
• ROCE: 23 per cent
• Collections: Rs 280 crore

Client Trust & Industry Leadership

Basilic Fly Studio has successfully delivered more than 11,300 projects for over 390+ global clients, including Netflix, Amazon, and Sony. Its portfolio spans across:

• 1,100+ movies
• 2,100+ series
• 8,100+ commercials

The Company’s VFX artistry has been showcased in global blockbusters such as Avatar: The Way of Water, Sonic 3, Pushpa 2, Stranger Things, The Last of Us, and Blue Beetle.

Strategic Acquisition

Basilic Fly Studio strengthened its global presence with the acquisition of One of Us, a renowned UK-based VFX studio, adding 350+ specialists and expanding access to premium Hollywood projects.

Recognition & Awards

• OOU:  BAFTA & Emmy wins for The Crown, The Matrix, The Witcher
• BFS: Wins at VAM Awards, Times Business Awards, and Outlook Business Excellence Awards

With this QIP, Basilic Fly Studio is set to accelerate its global growth journey, blending creativity and technology to craft magic in every pixel.

Disclaimer: The article is for informational purposes only and not investment advice.