City
Epaper

Moving Media Entertainment Limited Raised ₹ 9.87 Crore Via Anchor Investors Prior To IPO Launch

By PNN | Updated: June 26, 2025 12:38 IST

Mumbai (Maharashtra) [India], June 26: Moving Media Entertainment Limited (The Company, Moving Media) a rental service provider offering cameras, ...

Open in App

Mumbai (Maharashtra) [India], June 26: Moving Media Entertainment Limited (The Company, Moving Media) a rental service provider offering cameras, lenses and related equipment to the media and entertainment industry, secured ₹ 9.87 crore through its anchor book process on June 25, 2025. This strategic capital infusion, achieved just ahead of the company’s IPO launch. According to the exchange filing, O7 investors participated in the anchor book offering. These notable investors include:

1.         NAV Capital VCC – Nav Capital Emerging Star Fund

2.         Aarth AIF Growth Fund

3.         Vikasa India EIF I Fund- Incube Global Opportunities

4.         Viney Growth Fund

5.         CCV Emerging Opportunities Fund

6.         Holani Capital Venture Fund – I

7.         Strategic Sixth Sense Capital Fund

Moving Media Entertainment Limited has allocated a total of 14,10,000 Equity Shares to these anchor investors, with each share priced at ₹ 70. This calculated pricing highlights the investor confidence in the company’s prospects and its position in the market.

The Book Running Lead Manager to the Issue is Gretex Corporate Services Limited, The Registrar to the Issue is Maashitla Securities Private Limited.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Entertainment"How blessed I am...": Ravi Dubey "overwhelmed" by Times Square tribute to his Lakshman role in 'Ramayana'

PoliticsTamil Nadu Minister Anbil Mahesh Poyyamozhi drives auto-rickshaw as part of election campaign ahead of Tamil Nadu polls

AurangabadWebinar on 'New Dimensions in English Language & Literature held

Cricket"They don't need to curb their instincts": PBKS skipper hails Priyansh-Prabhsimran after win over SRH

Other SportsConsistent Sachin Baisoya finally wins, takes title at IGPL Mauritius hosted by Leander Paes

Business Realted Stories

BusinessAIDA urges Centre to roll out ethanol-based cooking nationwide to cut reliance on imported LPG

BusinessGovt raises diesel duties, hikes ATF levy with immediate effect

BusinessManohar Lal visits Bhutan's heritage sites, discusses infra cooperation

BusinessProcurement system more transparent, secure, farmer-friendly: Haryana CM ​

BusinessGovernment hikes export duty on diesel to Rs 55.5/litre, ATF to Rs 42/litre; petrol levy unchanged