Moving Media Entertainment IPO Opens June 26: Check GMP Status, Price Band, Lot Size, Allotment & Listing Date

IPO Opening Tomorrow: Moving Media Entertainment Ltd, a company serving India's fast-evolving media and entertainment industry, is preparing to launch its Initial Public Offering (IPO) to raise capital for business expansion and operational needs. Known for offering premium camera and lens rental services, Moving Media Entertainment has carved out a niche by supplying advanced film production equipment to top production houses and content creators across the country.

Moving Media Entertainment IPO Subscription Opening on June 26: Check Price Band

The IPO is set to open for public subscription on Thursday, June 26, 2025 and will close on Monday, June 30, 2025. The company has fixed the price band between Rs 66 and Rs 70 per equity share, with each share carrying a face value of Rs 10. Interested investors can place bids for a minimum of 2,000 shares and in multiples thereof.

Moving Media IPO GMP Update

According to investorgain.com, the grey market premium (GMP) for Moving Media's IPO is currently +Rs 8, indicating that shares are trading at a premium in the unregulated market. If this premium holds, the estimated listing price could reach Rs 78, around 11.4% higher than the IPO's upper price band of Rs 70.

Moving Media Entertainment IPO Structure and Objectives

This IPO consists of a fresh issue of 62 lakh equity shares, raising approximately Rs 43.40 crore. There is no Offer For Sale (OFS) included, meaning the proceeds will go entirely to the company. The planned utilization of funds includes investing in additional advanced camera solutions, repayment or pre-payment of existing debt facilities, and general corporate expenses.

Gretex Corporate Services Limited is serving as the book-running lead manager, while Maashitla Securities Pvt Ltd is appointed as the registrar. Additionally, Gretex Share Broking Pvt Ltd will function as the market maker for this IPO.

About Moving Media Entertainment

Moving Media Entertainment specialises in providing rental services for professional camera and lens equipment, catering to India's media and entertainment sector. The company stocks a wide array of high-quality gear, allowing filmmakers, television networks, event organisers and digital content creators to access top-of-the-line camera equipment without needing to make outright purchases.

The inventory includes cameras, lenses, lighting systems, sound gear, filters, gimbals, grips and monitors. By maintaining the latest models from leading brands, Moving Media ensures that clients always have access to cutting-edge technology for their productions.

Among its reputed clients are Star India Pvt. Ltd., Celebframe Entertainment Pvt. Ltd., Sunshine Pictures Ltd., Colosceum Media Pvt. Ltd., and SOL Production Pvt. Ltd. The company's services are widely used across the media ecosystem, from production houses and ad agencies to independent filmmakers and event managers, who rely on Moving Media's premium equipment, reliable service, and expert technical support.