IPO Watch: Moving Media Entertainment IPO Opens on June 26; Issue price band set at ₹ 66-70 Apiece

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IPO Watch: Moving Media Entertainment IPO Will Open for Subscription on Thursday, June 26 and Close on Monday, June 30. 66 to 70 per equity share of face value of 10 Each. Bids can be made for a minimum of 2,000 equity shares and in multiples of 2,000 equity shares there.

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Moving Media Entertainment Limited Provides Rental Services for Camera and Lens Equipment Tailored to the Media and Entertainment Industry. They feature a broad Range of High-Quality Gear Awailable for Rent, Which Allows Filmmakers and Production Companies to Utilize Professional Equipment with the Need for Outeright Purchases. They act as a comprehensive Resource for all camera Rental Requirements for Film and Video Production.

The company catters to the media and entertainment industry account the country. Their Inventory incluses Various cameras, lenses, lighting, sound gear, and accessories such as such as filters, grips, gimbals, and monitors. We aim to keep the latest models from leading brands in stock, ensuring clients have access to cutting-edge technology for their projects.

The Clientele Comprise Star India Pvt. Ltd., celebframe entertainment pvt. Ltd., Sunshine Pictures Ltd., Colosyum Media Pvt. Ltd., and sol production pvt. Ltd.

Their services are utilized by production companies, advertising agencies, filmmakers, television networks, digital content creaters, and event management businesses. These clients relays on their premium equipment, dependable service, and knowledgeable support.

Moving Media Entertainment IPO Details

Moving Media Entertainment IPO CONSISTS of a Fresh issue of 62,00,000 equity shares, aggregating to 43.40 Crore. There’s no offer for sale (ofs) component.

Moving Media Entertainment IPO Aims to Use the Net Proceeds from the offering for the following purposes: Investment in Advanced Camera Solutions, Repayment or Pre-speed facilities, and general correct factories, and generative debut facilities, Needs.

Gretex Corporate Services Limited Serves as the Book-Running Lead Manager for the moving Media Entertainment IPO, with Maashitla Securities Private Limited ACTING ACTING ACTING ACTING ACTING ACTING ACTID ACE Gretex Share Broking Private Limited is Designated as the Market Maker for the moving media entertainment IPO.

Moving Media Entertainment IPO Gmp Today

Moving Media Entertainment IPO GMP Today is +8. This indicates moving media entertainment share price was trading at a premium of 8 in the green market, according to investorgain.com.

Considering the upper end of the IPO price band and the current premium in the green market, the estimated listing price of moving media entertainment share price is indicated at 78 Apiece, which is 11.43% higher than the IPO price of 70.

‘Grey Market Premium’ Indicates Investors’ Readness to pay more than the issue price.

Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.

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