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

EntertainmentKevin Spacey says he won't collaborate with those in Hollywood, who were quick to judge him

InternationalOperation Sindhu: Special evacuation flight from Armenia lands in India carrying 173 Indian nationals from Iran

Cricket"Australia had ruined our...": Rohit Sharma on iconic T20 WC 2024 win against 50-over champions

EntertainmentAlia Bhatt recreates Rekha's timeless saree look from Silsila at Umrao Jaan screening

InternationalKhamenei rebukes Trump's "surrender" remark, says "statement too big to come out of his mouth"

Business Realted Stories

Business‘MP Rise 2025’ to push investments, jobs and skill

BusinessElectricity futures contracts will help control power costs: NSE

BusinessSonowal inaugurates India’s first NBFC for maritime sector

BusinessAmitabh Kant joins Fairfax Financial Holdings as Senior Advisor, to help boost Indian investment

BusinessDIIs invest Rs 3.5 lakh crore in Indian stock market in first half of 2025