Issue Date
26 Jun - 30 Jun'25
Investment/lot
₹ 140000
Price Range
66 - 70
Lot Size
2000
IPO Size
₹ 40.92 - ₹ 43.4 Cr
Start date
26/06/2025
End date
30/06/2025
Allotment of bids
01/07/2025
Refund Initiation
02/07/2025
Listing on exchange
03/07/2025
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.
Detail | Information |
---|---|
Upper Price Band (₹) | ₹70 |
Existing Shares to be Sold | -- |
Fresh Issue | Up to 62,00,000 Equity Shares |
EPS (₹) For the year ended March 31, 2024 | 8.50 |
Investor Category | Shares Offered |
---|---|
QIBs Share Offered | Not more than 50% |
Non-Institutional Bidders (NIBs) | Not less than 15% |
Retail Individual Bidders | Not less than 35% |
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.
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.
Comprehensive and up-to-date inventory.
They offer an extensive selection of the latest cameras, lenses, and other media equipment from top-tier brands. Their commitment to regularly updating their inventory ensures clients have access to technology that meets the demands of modern media production.
Strong network with other state vendors.
They have established a robust network of trusted vendors across various states, enhancing their ability to source additional equipment quickly and efficiently when needed. This extensive network allows them to expand their offerings, meet sudden demand surges, and provide seamless service to clients regardless of location. Their strong vendor relationships also contribute to flexibility and responsiveness, making them a reliable partner in the media industry.
Customised rental package solutions.
They provide flexible rental packages tailored to clients' specific needs, whether for short-term projects or long-term engagements. This adaptability enables them to cater to a wide range of customers, from independent filmmakers to large production houses.
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.
Particulars (in Rs. crores)
Particulars (in Rs. crores)
Parameter | Moving Media Entertainment Limited | RD Equipments Private Limited | Kshitij Entertainment Private Limited |
---|---|---|---|
Revenue from operations for the year ended March 31, 2024 (₹ in crores) | 23.38 | 12.09 | 19.11 |
P/E | -- | -- | -- |
EPS (Diluted) (₹) | 8.76 | 134.56 | 1241.53 |
Return on Net Worth (%) | 87.01 | 49.29 | 19.73 |
NAV per share (₹) | 10.07 | 273.01 | 6292.20 |
The Anchor Investor Bid/ Issue Period shall be one Working Day prior to the Bid/Issue Opening Date i.e. 26 June, 2025
Book running lead managers: Gretex Corporate Services Limited
Registrar for the IPO: Maashitla Securities Private Limited
The company earns its revenue through providing end-to-end rental packages for cameras, lenses, and peripheral equipment as an outsourcing service across India.
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%.
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.
Parameter | FY22 | FY23 | FY24 |
---|---|---|---|
Revenue from operations (₹ crores) | --- | 7.67 | 23.38 |
Profit Before Tax (₹ crores) | --- | 1.99 | 13.48 |
Net profit / (loss) (₹ crores) | --- | 1.49 | 10.09 |
EBITDA (₹ crores) | --- | 2.27 | 16.46 |
EPS (₹) | -- | 1.3 | 8.76 |
Parameter | FY22 | FY23 | FY24 |
---|---|---|---|
Profit before tax (₹crores) | --- | 1.99 | 13.48 |
Net Cash from Operating Activities (₹ crores) | --- | 3.94 | 7.37 |
Net Cash from Investing Activities (₹ crores) | --- | -5.54 | -18.25 |
Net Cash from Financing Activities (₹ crores) | --- | 1.67 | 10.99 |
Cash and Cash Equivalents (₹ crores) | --- | 0.07 | 0.19 |
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:
Follow these steps to know the allotment status on the registrar’s website:
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Please read the SEBI-prescribed Combined Risk Disclosure Document before investing. Brokerage will not exceed SEBI’s prescribed limit.
The minimum lot size is 2000 shares and the investment required is ₹140000.
The price band of Moving Media Entertainment IPO is ₹66 to ₹70.
You can read more about Moving Media Entertainment and its IPO from the company’s red herring prospectus (RHP) here.
The Moving Media Entertainment Limited IPO has an issue size of ₹43.40. The IPO opens for subscription on June 26, 2025 and closes on June 30, 2025.
Maashitla Securities Private Limited is the registrar for this IPO.