Moving Media Entertainment IPO

About Moving Media Entertainment IPO

Moving Media Entertainment Limited IPO is an IPO of 43.40 cr. It consists of a fresh issue of up to 54,06,000 equity shares. The price band is between ₹66 and ₹70. The lot size is 2000.

The shares will be allotted on July 1, 2025. The listing of shares will take place on July 3, 2025. The credit of shares to the demat account will take place on July 2, 2025 and the initiation of refunds will take place on July 2, 2025.

Objective of Moving Media Entertainment IPO

• Investment in advanced camera solutions.
• Repayment/pre-payment of certain debt facilities.
• General corporate purposes.

Industry Outlook

The service sector has over 50% contribution to India’s GDP, and it witnessed a growth of 9.1% in 2022–23. Out of 81,20,000 jobs in FY23, service sector companies in IT, banking, and finance accounted for almost half of the new jobs generated. The services sector of India remains the engine of growth for India’s economy and contributed 55% to India’s Gross Value Added at current prices in FY24 (as per advance estimates). The services category ranked first in FDI inflows, as per data released by the Department for Promotion of Industry and Internal Trade (DPIIT).

The Indian Media & Entertainment (M&E) sector is set for substantial growth, with a projected 10.2% increase, reaching ₹25,500 crore (US$3,080 crore) by 2024 and a 10% CAGR, hitting ₹3,08,000 crore (US$3,720 crore) by 2026. Advertising revenue in India is projected to reach ₹33,000 crore (US$398 crore) by 2024.

According to Media Partners Asia's Asia Pacific Video & Broadband Industry 2024 report, India's video market, encompassing both TV and digital, is projected to grow from $1,300 crore in 2023 to $1,700 crore by 2028. The Indian media and entertainment sector posted a robust 19.9% growth in 2022 and crossed the ₹2,00,000 crore (US$2,400 crore) mark in annual revenue for the first time, led by a sharp jump in digital advertising revenue.

The OTT video services market (video-on-demand and live) in India is likely to reach US$410 crore in 2024 and grow to US$700 crore by 2027, driven by rapid developments in online platforms and increased demand for quality content among users.

The Indian M&E industry is on an impressive growth path. The industry is expected to grow at a much faster rate than the global average. This can be largely credited to rising incomes, increasing internet penetration, and a growing push toward digital adoption.

Company Information

Moving Media Entertainment Limited is a camera, lens, and peripheral equipment outsourcing company, engaged in providing end-to-end camera and lens equipment on a package rental basis in India. The company caters to the media and entertainment industry across the country. They specialise in providing comprehensive rental packages for high-quality production equipment, catering to small, medium, and large corporate clients in the entertainment industry.

Risks of Moving Media Entertainment IPO

• Their business is geographically located in one area and generates a major portion of sales from their operations in Mumbai, Maharashtra. Any adverse developments affecting their operations in this region could have an adverse impact on their revenue and results of operations.

• Their business is capital intensive in nature. If they are unable to raise additional funds when needed, or on terms acceptable to us, they may be required to scale down or abandon their expansion & growth plans and/or reduce capital expenditures and the size of their operations, any of which could materially and adversely affect their business, financial position and results of operations

• Dependence upon transportation services for supply and transportation of their products is subject to various uncertainties and risks, and delays in delivery may result in rejection of products by customers.

Anchor Investor Information

The Anchor Investor Bid/ Issue Period shall be one Working Day prior to the Bid/Issue Opening Date i.e. 26 June, 2025

IPO Registrar and Book Running Lead Managers

Book running lead managers: Gretex Corporate Services Limited

Registrar for the IPO: Maashitla Securities Private Limited

Business Model

The company earns its revenue through providing end-to-end rental packages for cameras, lenses, and peripheral equipment as an outsourcing service across India.

Company Growth Trajectory

Their revenue from operations increased by ₹15.71 crores, from ₹7.67 crores for the financial year that ended on 31 March 2023 to ₹23.38 crores for the financial year that ended on 31 March 2024, representing a growth of 204.65% on account of increase of camera and lens equipment outsourcing and providing end-to-end camera and lens equipment on a rental and returnable basis in India. Their profit for the year increased by ₹8.59 crores, from ₹1.50 crores for the financial year that ended on 31 March 2023 to ₹10.09 crores for the financial year that ended on 31 March 2024, representing a growth of 574.23%.

Company Market Position

Media Entertainment Limited initially focused on providing camera and lens equipment rental services in packages to corporate clients in Mumbai. Since then, their business has expanded significantly, and they now offer services to clients across India. Over the years, they have evolved into a comprehensive camera and lens equipment solutions provider, offering services ranging from hardware and software sourcing to installation, integration, documentation, user training, and post-installation support. Their company has been honoured with several prestigious awards in recognition of their excellence in the equipment rental industry. They have proudly received the "Best Regional Rental" as well as "Best National Rental" awards,highlighting their outstanding performance and leadership on a national level.

How To Check Allotment Status of Moving Media Entertainment IPO?

You can check the allotment status of shares either on the website of the National Stock Exchange (NSE) or on the website of the registrar Maashitla Securities Private Limited. To check the status on the NSE website:

• Visit the NSE website
• Click on “Investor Services” and choose “Application Status Check”
• Choose the issue type — Equity or Debt (Equity in this case)
• Select the Issue Name from the drop-down. The issue name is the company’s name, which is Moving Media Entertainment Limited
• Enter your application number or PAN number
• Check the box which says “I’m not a Robot” and click on “Search” to know the allotment status

Follow these steps to know the allotment status on the registrar’s website:

• Visit the Maashitla Securities Private Limited website
• Choose “Public Issues” from the “Investor Services” drop-down
• Select Moving Media Entertainment Limited from the drop-down
• Enter your PAN number or Application number
• Click on “Submit” to know the allotment status

How To Apply for Moving Media Entertainment IPO?

• Step 1: Log in to your Kotak Securities Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details: Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification: Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.