1.Company Information

Incorporated in 2016, Basilic Fly Studio Limited is a visual effects (VFX) studio headquartered in Chennai, India with subsidiaries operating in Canada and the UK. 1.Final Compositing and Rotoscopy,

2.Camera/ Body Tracking and Rotomation/ Object Tracking,

3.Paint And Preparation,

4.Previs or Previsualization,

5.Computer Graphics, and

6.Onset Supervision.

The company has over 500 skilled individuals and has offices in Pune, London, and Vancouver.

Basilic Fly Studio recorded Rs. 7,895.15 lacs in Total Revenue in fiscal 2022-23.

2. Objective of the Issue

The Company proposes to utilize the Net Proceeds towards funding the following objects:

1. Expenditure for setup of Studio/Facility at Hyderabad and Salem.

2. Expenditure for adding infrastructure to further strengthen the existing facilities/offices of the company located in Chennai and Pune.

3. Making investments through equity in the subsidiaries for expansion of workspace by acquiring new office space located in London and strengthening the existing facilities/offices located in Vancouver.

4. General Corporate Purposes and Issue Expenses.

3.Basilic Fly Studio IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761

Email: support@purvashare.com

Website:https://www.purvashare.com/queries/