The Studio of Basilic Fly shares got listed on the SME NSE exchange, on Monday, at a premium. The share price of the same was listed at ₹271 for every share. That is indicative of being about a hundred and seventy-nine percent higher than the originally issued price that was listed prior at ₹97 on the exchange of SME NSE.
The Initial Public Offering of Basilic Studio opened for their respective subscribers on the 1st of September. It had initially closed down on the 5th of September. The IPO of Basilic Fly Studio saw a very strong form of subscription to theirs.
After consideration of the upper end of the Initial Public Offering’s price range, the premium of the gray market has been estimated with a listing price of three hundred twenty-seven rupees a piece.
This is two hundred percent higher than the initial price of the IPO which was set at ninety-seven rupees.
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