SME IPOs: Over 2x listing gains, massive oversubscription, SME frenzy beats mid and smallcap
Since the start of the year, the NSE SME Emerge Index has gained 71 percent while the small cap index has gained 28 percent over the same time frame
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Since the start of the year, the NSE SME Emerge Index has gained 71 percent while the small cap index has gained 28 percent over the same time frame
Basilic Fly Studio IPO listed on NSE SME exchange at a premium, with share price at ₹271, 179.4% higher than issue price.
Basilic Fly Studio IPO opened for subscription on September 1, and the offer ended on September 5. The offer was oversubscribed 286.61 times, with bids for 146.06 crore equity shares as against the issue size of 50.96 lakh shares
Basilic Fly Studio is a VFX studio based in Chennai with subsidiaries operating in Canada and UK. The company holds proficiency in the VFX industry and has delivered high-quality VFX solutions for movies, TV, net series, and commercials.
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