New Delhi, June 26 -- Moving Media Entertainment IPO: The initial public offering (IPO) of Moving Media Entertainment opened for subscription today, June 26 and will close on June 30. The company, which aims to raise Rs.43.40 crore through the SME IPO, has set price band in the range of Rs.66-70 per share.

Moving Media Entertainment IPO was subscribed 0.39 times bids by 12:55 am on first day. The IPO received bids for 12.92 lakh shares against 33.92 lakh shares on offer. The retail investor segment was booked 0.66 times, while the non-institutional investors (NII) category was subscribed 0.28 times. Meanwhile, the qualified Institutional buyers category did not see any subscription till now.

The company's shares in the grey market trade...