With a price band fixed at Rs 66 to Rs 70 per share and a lot size of 2,000 shares, retail investors will need to invest at least Rs 1.4 lakh.
The IPO is managed by Gretex Corporate Services, with Maashitla Securities as the registrar and Gretex Share Broking acting as the market maker. The company has also raised Rs 9.87 crore from anchor investors ahead of the issue opening.
Founded in 2022, Moving Media Entertainment is a niche player in India’s media and entertainment equipment rental market. The company provides cutting-edge cameras, lenses, lighting, sound gear, and related accessories to production houses, ad agencies, digital content creators, and broadcasters.
With clients including Star India, Sunshine Pictures, and SOL Production, it has quickly established itself as a preferred rental partner for large-scale productions.
Financially, the company’s growth trajectory has been notable. Its revenue surged by 59 percent in FY25 to Rs 37.06 crore, while profit after tax increased marginally to Rs 10.40 crore. The company boasts high operating leverage, with an EBITDA margin of 77.15% and PAT margin of over 28%.The company plans to deploy Rs 25 crore from the IPO proceeds to invest in advanced camera solutions, while Rs 9 crore will go toward repaying existing debt.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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