City
Epaper

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

By ANI | Updated: June 26, 2025 11:28 IST

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

Open in App

PNN

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.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN.will not be responsible in any way for the content of the same)

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

CricketTest Twenty launches Coach Equity Programme

HealthScientists reverse Alzheimer's in mice and restore memory: Study

EntertainmentYearender: From Dharmendra to Kamini Kaushal, icons who passed away in 2025

NationalAAP-led Punjab govt shows fake 16 pc growth by withholding GST refunds, says BJP

InternationalCrude bomb hurled from flyover kills B'desh man

Business Realted Stories

BusinessMP: CM Yadav, Scindia review preparations for Gwalior’s event

BusinessThanks Rahul Gandhi for recognising ‘Make in India’ success: Ashwini Vaishnaw

BusinessVaishnaw thanks Rahul Gandhi for "acknowledging success" of 'Make in India' after Congress leader lauds Karnataka's ecosystem for Foxconn unit

BusinessNasscom flags concerns over new US rules for H-1B visas

BusinessCarrying over 1 million customers every 3 days, fully prepared for holiday season: IndiGo Airlines