Archive · 3 Jul 2025
Moving Media Entertainment Shares Debut on NSE at Premium
Imagine a company called Moving Media Entertainment wanted to raise money, so they offered shares to the public through something called an IPO.
When the shares were first sold on the stock market, they started at a slightly higher price than what people paid for them initially.
The company plans to use this money to buy better cameras, pay off some loans, and generally grow their business.
Investors who wanted to buy these shares needed to buy at least a certain amount of them.
The company has a specific plan for how it will use the money it gets from the IPO.
Moving Media Entertainment shares listed on the NSE SME at a 1% premium over the issue price.
The shares debuted at ₹71, with an intraday high of ₹74.55.
The IPO was a fresh issue of 62 lakh shares with no offer for sale.
Proceeds will fund camera solutions, debt repayment, and general corporate purposes.
Gretex Corporate Services Limited was the book-running lead manager.
- Who
- Moving Media Entertainment
- What
- Moving Media Entertainment's shares debuted on the NSE SME.
- When
- Shares listed on Thursday, July 3.
- Where
- NSE SME (National Stock Exchange of India - Small and Medium Enterprises)
- Why
- The IPO proceeds will be used for advanced camera solutions, debt repayment and general corporate purposes.
- Listing Price
- ₹71
- Premium
- 1%
- Intraday High
- ₹74.55
- Issue Type
- Fresh issue of 62 lakh shares
- Minimum Investment
- ₹1.40 lakh
- Purpose of IPO
- Advanced camera solutions, debt repayment, and general corporate purposes
- Lead Manager
- Gretex Corporate Services Limited