Moving Media Entertainment Limited, a technology-forward camera equipment company dedicated to empowering professionals in media and entertainment, launched its Initial Public Offering (IPO) worth ₹43.40 Crores. This Book Built Issue comprises entirely a fresh issue of 62.00 lakh equity shares, and aims to strengthen the firm’s product expansion, reduce debt burden, and support general corporate needs.

The IPO opened on June 26, 2025, and closed on June 30, 2025, with an issue price band of ₹66 to ₹70 per share. At the upper band of ₹70, the estimated market capitalisation of Moving Media Entertainment will stand at ₹131.64 Crores. The IPO lot size is 2,000 shares, requiring retail investors to commit ₹1,40,000 minimum, and HNIs a minimum of ₹2,80,000 (two lots or 4,000 shares).

The company’s shares are expected to list on NSE SME platform on July 3, 2025, with allotment scheduled for July 1, 2025. The IPO is managed by GRETEX CORPORATE SERVICES LIMITED as the Book Running Lead Manager, with MAASHITLA SECURITIES PRIVATE LIMITED serving as the Registrar. Gretex Share Broking Limited is the designated Market Maker ensuring post-listing liquidity.

About the Company

Moving Media Entertainment Pvt Ltd aims to be the leading provider of high-quality camera gear, empowering photographers, videographers, broadcasters, and content creators. The company’s mission centers on promoting innovation, accessibility, and community building in the visual storytelling ecosystem. By integrating cutting-edge technology, environmental responsibility, and excellent customer service, Moving Media Entertainment positions itself as a trusted partner across the global entertainment supply chain.

The company is promoted by Mr. Kuuldeep Beshawar Nath Bhargava, Mr. Ayush Bhargava, and Ms. Anjali Bhargava. Their collective strategic direction and operational leadership enable Moving Media Entertainment to scale across existing and untapped customer segments.

Financial Performance

The company's financial growth has been robust over the past three fiscal years:

• Revenue from Operations:

  • FY2023: ₹767.48 Lakh

  • FY2024: ₹2,338.11 Lakh

  • FY2025: ₹3,706.38 Lakh

• EBITDA:

  • FY2023: ₹230.61 Lakh

  • FY2024: ₹1,458.99 Lakh

  • FY2025: ₹1,716.45 Lakh

• Profit After Tax (PAT):

  • FY2023: ₹149.65 Lakh

  • FY2024: ₹1,008.91 Lakh

  • FY2025: ₹1,039.68 Lakh

This trajectory reflects accelerated business growth and operational efficiency. The company’s EBITDA margins and PAT margins have improved substantially, underlining its ability to generate strong earnings even while scaling operations.

Valuation & Key Ratios

Key performance indicators based on FY24 figures suggest the IPO is fairly priced:

• Pre-Issue EPS: ₹8.5

• Post-Issue EPS: ₹5.53

• Pre-Issue P/E Ratio: 8.23x

• Post-Issue P/E Ratio: 12.66x

• Industry P/E Benchmark: ~20x

• ROCE: 18.49%

• ROE and RoNW: 26.35%

The P/E ratio, both pre- and post-issue, remains attractive compared to industry peers, making the IPO a viable opportunity for those eyeing short- to mid-term gains. The strong ROCE and ROE further affirm that Moving Media Entertainment has deployed capital efficiently, generating solid returns for its stakeholders.

Grey Market Premium (GMP)

As of June 27, 2025, the Grey Market Premium (GMP) stood at ₹6, implying a likely listing price of ₹76 and indicating potential listing gains of 8.57%. While GMP is an informal indicator of investor sentiment, it is not regulated, and hence should only be viewed as an informational tool, not a guarantee.

Anchor Investment

Prior to the public subscription window, Moving Media Entertainment secured ₹9.87 Crores from Anchor Investors, allotting 14,10,000 shares at ₹70 each. Anchor participation signals a degree of institutional confidence in the company’s fundamentals and growth story.

IPO Objectives

The net proceeds from the IPO will be used toward:

• ₹2,500 Lakhs for investment in advanced camera solutions

• ₹900 Lakhs for debt repayment/pre-payment

• General corporate purposes

These proceeds will help the company upgrade its product portfolio, improve financial health, and strengthen its competitive positioning in the evolving media equipment landscape.

Subscription Status

As of 7:00 PM on June 27, 2025, the Moving Media Entertainment IPO was subscribed 1.10 times. With one more day left in the subscription window, there's potential for higher traction on the final day, which is common in SME IPOs.

Allotment & Listing Details

The allotment status for the IPO will be announced on July 1, 2025, and can be checked via the Registrar’s website (Maashitla Securities Pvt Ltd). Here's how to check:

• Visit the IPO allotment status page

• Select "Moving Media Entertainment Limited IPO"

• Enter application number, PAN, or DP Client ID

• Click Submit to know the status

The listing is expected to go live on July 3, 2025, on NSE SME.

Recommendation

Considering the company’s rapid revenue growth, decent profitability, low debt-to-equity ratio, and moderate IPO valuations, the Moving Media Entertainment IPO appears fairly priced. The GMP trend, anchor interest, and industry tailwinds in digital content creation bolster the attractiveness of this issue.

That said, investors should be aware of the inherent volatility in SME stocks. While they offer potentially higher returns, they may also suffer from limited liquidity and high risk. We recommend Risk-Tolerant Investors may apply for listing gains.

Disclaimer:
This article is prepared for informational and educational purposes and does not constitute investment advice or a recommendation. Investors must conduct their own due diligence and consult with a registered financial advisor before making any investment decisions. The market is subject to risks, and past performance is not indicative of future results. All data provided here is based on publicly available information and may change without notice. Neither the author nor the platform assumes responsibility for investment losses based on this article.

The Upcoming IPOs in this week and coming weeks are Travel Food Services, Cryogenic, Crizac, Silky Overseas, Vandan Foods, Pushpa Jewellers, Cedaar Textile, Marc Loire Fashions.

The Current active IPO are Neetu Yoshi, Adcounty Media India, Moving Media Entertainment, Valencia India, PRO FX Tech, Ace Alpha Tech, Indogulf Cropsciences.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.