Moving Media Entertainment Launches ₹43.40 Cr SME IPO; All You Need to Know
By Ankur Chandra | Published at: Jun 24, 2025 06:23 PM IST
Mumbai, June 25, 2025-Moving Media Entertainment Limited, a digital media and entertainment company, is set to open its initial public offering (IPO) for subscription on Wednesday, June 26, 2025. The company plans to use the funds to purchase high-tech components and expand its production capabilities.
Moving Media Entertainment IPO is a book-built SME issue on the NSE Emerge platform, offering 62,00,000 equity shares in a price band of ₹66 to ₹70 per share. The price range looks reasonable given the company’s historic financial performance, which includes strong revenue growth and healthy margins.
This public issue comprises a fresh issue of shares with no Offer for Sale component.
IPO Snapshot
| Detail | Info |
|---|---|
| Issue Opens | June 26, 2025 |
| Issue Closes | June 30, 2025 |
| Price Band | ₹66 – ₹70 |
| Issue Size | ₹43.4 crore (approx.) |
| Lot Size | 2,000 shares |
| Listing Exchange | NSE Emerge |
| Market Maker Portion | 14,98,000 shares |
| Net Issue | 47,02,000 shares |
| Face Value | ₹10 per share |
Company Background
Founded in May 2022 and later converted to a public company in July 2024, Moving Media Entertainment Limited acquired the business operations of sole proprietorship M/s Moving Media on a going-concern basis effective April 1, 2024.
The company creates content, produces digital media, and offers entertainment services. It focuses on web series, OTT platforms, brand videos, and short films and operates out of Mumbai, Maharashtra. The company strategically emphasises scalable digital IPs and production partnerships across genres.
Financial Performance (As per RHP)
| Metric | FY24 (Pro Forma) |
|---|---|
| Revenue | ₹39.62 crore |
| Profit After Tax (PAT) | ₹6.43 crore |
| Total Assets | ₹20.77 crore |
| Net Worth | ₹12.18 crore |
| EPS (Basic) | ₹10.34 |
| Return on Net Worth | 52.76% |
At the upper end of the price band (₹70), the issue values the company at a P/E multiple of 6.77x based on FY24 EPS — a valuation that appears moderate for a high-growth media business.
Promoters & Offer Structure
- Promoters: Mr. Kuuldeep B. N. Bhargava, Mr. Ayush Bhargava, and Ms. Anjali Bhargava.
- The post-issue shareholding of promoters will be diluted, though specific percentages were not disclosed in the main summary.
The entire issue is a fresh equity offer, with no Offer for Sale (OFS) component.
Lead Manager & Registrar
- Book Running Lead Manager (BRLM): Gretex Corporate Services Limited
Website: www.gretexcorporate.com - Registrar to the Issue: Bigshare Services Private Limited
Website: www.bigshareonline.com
What to Watch
- Strengths:
- Strong digital content pipeline.
- Experienced leadership in media production.
- High return on net worth.
- Risks:
- Operates in a highly competitive and rapidly evolving digital media industry.
- Limited operating history as a public entity.
- Revenue concentration from a few clients.
Conclusion
With its IPO opening tomorrow, Moving Media Entertainment Limited aims to capitalise on the burgeoning demand for digital-first entertainment content. Investors can bid between June 26 and June 30, 2025, with allotment and listing expected shortly thereafter under the new T+3 listing timeline.
Stay tuned for further updates on subscription status and listing performance.
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