Moving Media Entertainment IPO Subscribed 1.42 Times by Day 2; Retail and HNI Segments Lead Bidding
By Ankur Chandra | Published at: Jun 27, 2025 06:08 PM IST
Mumbai, June 27, 2025 — The IPO of Moving Media Entertainment Limited continued to see healthy investor response on Day 2, with the issue being subscribed 1.42 times as of 5:00 PM, June 27. The offer, which opened on June 26, will close on June 30, 2025.
According to NSE data, against the net issue size of 47.90 lakh shares, the company received bids for 68.08 lakh shares.
Day 2 Subscription Snapshot
| Detail | Info |
|---|---|
| IPO Name | Moving Media Entertainment Ltd |
| Issue Type | SME (NSE Emerge) |
| Issue Opens | June 26, 2025 |
| Issue Closes | June 30, 2025 |
| Shares Offered (Net Issue) | 47,90,000 |
| Total Bids Received | 68,08,000 |
| Total Subscription | 1.42 times |
Category-Wise Trends
- Retail Individual Investors (RIIs) and Non-Institutional Investors (NIIs) drove the bulk of subscriptions.
- QIB demand remains moderate, with further buildup expected on the final day.
About the Company
Moving Media Entertainment provides camera and lens equipment on packaged rentals for film, TV, OTT and advertising productions. The company operates out of Mumbai and was incorporated in 2022. It acquired the running business of M/s Moving Media in 2024.
IPO Details at a Glance
| Detail | Info |
|---|---|
| Price Band | ₹66 – ₹70 |
| Lot Size | 2,000 shares |
| Issue Size | ₹43.4 crore (62 lakh shares) |
| Market Maker | Gretex Share Broking Ltd |
| BRLM | Gretex Corporate Services |
| Registrar | Maashitla Securities Pvt Ltd |
| Listing Platform | NSE Emerge |
Final Day Outlook
The IPO remains open till Monday, June 30, 2025, with strong momentum in the retail segment. Final-day QIB participation could further boost overall demand ahead of allotment and listing under the T+3 timeline.
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