Image Source: Dalal Street Investment Journal
Basilic Fly Studio Limited (NSE: BASILIC), a globally acclaimed visual effects (VFX) powerhouse, has successfully raised ₹850 million (₹85 crore) through a Qualified Institutional Placement (QIP). This capital infusion will propel the company’s ambitious global expansion plans, technology upgrades, and inorganic growth initiatives, further cementing its leadership position in the international VFX market.
Strong Market Response and Investor Confidence
The QIP, which opened on September 8, 2025, and closed on September 11, 2025, saw overwhelming demand, resulting in full subscription. Basilic Fly Studio allocated 20,25,000 equity shares priced at ₹419.72 each, reflecting a 5% discount to the floor price as per SEBI regulations. Key institutional investors participating in the QIP included marquee names such as North Star Opportunities Fund, Lighthouse Capital, HDFC Bank, Nine Alps Trust, and several other global private equity and venture capital funds.
This strong investor endorsement underscores market confidence in Basilic Fly Studio’s vision, technology prowess, and robust growth trajectory.
Strategic Use of Funds
The capital raised via the QIP will be strategically deployed to enhance Basilic’s global footprint through acquisitions, strategic investments, and joint ventures. A significant portion will target technology enhancement and expansion to deliver cutting-edge VFX solutions for feature films, OTT series, commercials, and digital content across diverse genres.
This funding round supports Basilic’s ongoing transformation into a next-generation visual effects studio blending artistic creativity with technological innovation.
Robust Financial Performance in FY25
Basilic Fly Studio reported stellar financial results for FY25, with revenue climbing 189% year-over-year to ₹306.07 crore and a profit after tax (PAT) of ₹46 crore. Return on equity (ROE) stood at a healthy 28%, and return on capital employed (ROCE) reached 23%, reflecting operational efficiency and strong shareholder value creation. Collections stood at ₹280 crore, indicative of solid cash flow management.
Global Clientele and High-Profile Projects
The company has successfully delivered over 11,300 projects for more than 390 global clients, including marquee names like Netflix, Amazon, and Sony. Its creative artistry has enhanced blockbuster productions such as "Avatar: The Way of Water," "Sonic 3," "Pushpa 2," "Stranger Things," "The Last of Us," and "Blue Beetle."
Basilic’s recent acquisition of “One of Us,” a renowned UK-based VFX studio adding over 350 specialists to its workforce, expands its reach into premium Hollywood projects, further underpinning its global ambition.
Industry Recognition and Awards
The firm’s excellence is matched by industry recognition, with its acquired UK studio “One of Us” winning BAFTA and Emmy awards for productions like "The Crown," "The Matrix," and "The Witcher." Basilic Fly Studio itself has been honored at the VAM Awards, Times Business Awards, and Outlook Business Excellence Awards, underscoring its creative and operational leadership.
Sources: DSIJ, GoodReturns.in, The Tribune, Investor News
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