US EditionOff the charts: This Chennai VFX studio broke all records with its IPO
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Off the charts: This Chennai VFX studio broke all records with its IPO
Chennai-based VFX studio Basilic Fly Studio went public on the SME stock exchange and saw its IPO subscribed 286 times its issue size, raising over ₹14,160 crore. The company's shares debuted at a premium of 179% on the NSE Emerge exchange. Basilic Fly, which has worked on projects for clients like Warner Bros, Marvel, Apple TV, and Netflix, plans to establish new studios and facilities in Salem and Hyderabad. The pandemic has driven growth in t…
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