Moving Media Entertainment Ltd - IPO

Moving Media Entertainment Ltd IPO Details

Initial public offer of upto 62,00,000 equity shares of face value of Rs. 10.00 each (Equity Shares) of Moving Media Entertainment Limited (the Company or the Issuer) for cash at a price of Rs. 70 per equity share including a share premium of Rs. 60 per equity share (the Issue Price) aggregating to Rs. 43.40 crores (the Issue). The issue includes a reservation of upto 14,98,000 equity shares aggregating to Rs. 10.49 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of upto 47,02,000 equity shares aggregating to Rs. 32.91 crores (the Net Issue).(the Net Issue) The issue and the net issue constitute 32.97% and 25% respectively of the post issue paid-up equity share capital of the company.

Objective of issue

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

Moving Media Entertainment Ltd Contact Details

Moving Media Entertainment Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - info@movingmedia.me

Website - www.movingmedia.in