Basilic Fly Studio Share Price: Stock Jumps 368% Since IPO, Bags Major Netflix Project

Market Performance

Basilic Fly Studio share price has witnessed a remarkable journey since its debut on the NSE SME platform. From an IPO price of ₹97 in September 2023, the stock now trades at ₹454.05 — marking a staggering 368% rise in just two years.

Despite this long-term rally, the past year has seen volatility:

• 52-week high: ₹657.60 (September 2024)
• 52-week low: ₹223.15 (February 2025)
• 1-year performance: Down over 20%

Monthly Trend in 2025

• January: –9.4%
• February: –2%
• March: –18%
• April: +65%
• May: +18%
• June: –11%
• July: +4%
• August (till date): +5%

The sharp swings highlight the stock’s highly dynamic movement in recent months.

IPO Details and Listing

Basilic Fly Studio launched its IPO between September 1–5, 2023, with a price band of ₹92–97 per share.

Key IPO data:

• Issue size: ₹66.35 crore
• Shares offered: 68.40 lakh
• Fresh issue: 62.40 lakh shares worth ₹60.53 crore
• Offer for sale: 6 lakh shares worth ₹5.83 crore
• Investor response: Oversubscribed 286.61 times
• Listing date: September 11, 2023
• Listing price: ₹271 (179% premium over issue price)

This blockbuster debut set the tone for its strong market journey.

Recent Development: Netflix Deal

In a big boost to its business momentum, Basilic Fly Studio recently announced a ₹29.71 crore (GBP 2.5 million) order from Netflix.

Highlights of the deal:

• High-complexity VFX work for a premium Netflix project
• Follows Q1 FY26 order wins worth ₹150 crore from Netflix, Disney, and HBO
• Leverages a global workforce of 800+ artists across hubs in Chennai, Pune, London, Paris, and Vancouver

The Netflix contract also aligns with the company’s Vision 2026 strategy, which focuses on:

• Expanding delivery capacity
• Building AI-driven production workflows
• Strengthening its global footprint across India, North America, and Europe

Company Snapshot

• Name: Basilic Fly Studio Limited
• Listed on: NSE SME platform
• Headquarters: Chennai, India
• Core business: Visual Effects (VFX) and Animation
• Global presence: India, UK, France, Canada

Summary

Basilic Fly Studio share price has proven to be a true multibagger since its IPO, rising over 368% in just two years. While the stock has shown sharp volatility in the past year, strong order inflows from global giants like Netflix, Disney, and HBO continue to strengthen its growth story.

With its Vision 2026 roadmap, focus on AI-driven workflows, and expanding global presence, Basilic Fly Studio remains in the spotlight as one of the fastest-growing VFX companies from India.