What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Basilic Fly Studio Limited IPO?

Basilic Fly Studio Limited IPO has received a total subscription of 358.85 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Basilic Fly Studio Limited

ListedSME

Media & Entertainment · NSE

Basilic Fly Studio Limited, incorporated in 2016, is a visual effects (VFX) studio headquartered in Chennai, India, with subsidiaries in Canada and the UK. The company provides VFX solutions for movies, TV shows, web series, and commercials, offering services such as final compositing and rotoscopy, camera/body tracking, rotomation/object tracking, paint and preparation, previs (previsualization), computer graphics, and onset supervision. Basilic Fly Studio has over 500 skilled professionals and offices in Pune, London, and Vancouver. The company recorded Rs. 7,895.15 lacs in revenue for fiscal 2022-23.

Price Band

₹92 – ₹97

Issue Size

₹66.35 Cr

Lot Size

1200 shares

GMP

₹160

+164.9%

Est. Listing

₹257

at current GMP

Subscribed

358.85x

overall

Open

1 Sep 2023

5 Sep 2023

Allotment

7 Sep 2023

Refund

8 Sep 2023

Demat Credit

9 Sep 2023

Listing

11 Sep 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

358.85x

Total Demand

QIB Multiplier

116.34x

Institutions & Funds

NII / HNI

550.61x

High Net-Worth

Retail (RII)

415.22x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 358.85x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,162,800	135,279,600	116.34x
NIB	872,400	480,356,400	550.61x
RETAIL	2,035,200	845,046,000	415.22x
Total	4,070,400	1,460,682,000	358.85x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 420.06x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,995	828,364	415.22x
HNIs (10L +)	13	7,158	550.61x
HNIs (2-10L)	61	33,587	550.61x
Total Applications	2,069	869,109	420.06x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Basilic Fly Studio Limited Public Issue & Market Profile

Basilic Fly Studio Limited is bringing an initial public offering (IPO) in the Media & Entertainment sector with an aggregate issue size of ₹66.35 Crores. The shares are offered at a price band of ₹92 to ₹97 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,16,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-09-09, while un-allotted funds or UPI block mandates will be released on 2023-09-08.

Frequently Asked Questions

What is Basilic Fly Studio Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Basilic Fly Studio Limited IPO is ₹160 per equity share. Based on the upper price band of ₹92 to ₹97 per equity share, the estimated listing price is ₹257 (+164.9% expected listing gain).

What is the expected profit per lot for Basilic Fly Studio Limited IPO?

With a lot size of 1200 shares and current GMP of ₹160, the expected profit per application lot is approx ₹1,92,000 (+164.9% gain). Minimum application cost is approx ₹1,16,400.

What is the issue size and price band for Basilic Fly Studio Limited IPO?

The Basilic Fly Studio Limited IPO aggregate issue size is ₹66.35 Crores with an equity price band set at ₹92 to ₹97 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,16,400.

How can I check Basilic Fly Studio Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 358.85x (Retail: 415.22x, QIB: 116.34x, NII: 550.61x). You can track live multiples directly on our dedicated subscription page.

Where and when will Basilic Fly Studio Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2023-09-07. Investors can verify status using PAN card or application number.

When is the listing date for Basilic Fly Studio Limited IPO?

Basilic Fly Studio Limited shares are scheduled to list on NSE on 2023-09-11.