Moving Media Entertainment IPO Subscribed 0.74 Times on Day 1; Retail Leads with 1,169 Bids

Authored By Shishta Dutta | Published at: Jun 26, 2025 06:04 PM IST

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Mumbai, Jun 26 (IST) — Moving Media Entertainment Ltd’s SME IPO, comprising a net offer of 47.9 lakh equity shares, received a modest response on Day 1 with total bids at 35.28 lakh shares, translating to a subscription of 0.74 times, according to NSE data as of 5:00 p.m.

IPO Subscription Summary (Day 1 | June 26, 2025)

Category	Applications	Shares Bid For	Subscription (x)
Qualified Institutional Buyers (QIBs)	1	8,56,000	0.18
Non-Institutional Investors (NIIs)	53	3,34,000	0.23
Retail Individual Investors (RIIs)	1,169	23,38,000	0.65
Total	1,223	35,28,000	0.74

Note: Final category-wise allocation will depend on confirmation from the exchange, post issue closure.

Cut-Off and Price-Wise Demand

Price (₹)	Shares Bid (Lakhs)
66	35.28
68	35.22
70	35.18
Cut-Off	18.08

Out of total applications, 904 bids were placed at the cut-off price, aggregating to 18.08 lakh shares, indicating strong interest from retail investors.

IPO Overview

Issue Size (Net): 47,90,000 equity shares
Price Band: ₹66 to ₹70 per share
Minimum Lot Size: 2,000 shares
Issue Closes: June 30, 2025
Listing: NSE Emerge

Outlook

Retail participation led the demand on Day 1, while QIB and HNI categories are expected to gain momentum closer to closing. The IPO remains open for subscription till June 30, 2025.

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