New Delhi, July 3 -- Moving Media Entertainment share price made its stock market debut on Thursday, July 3. The shares listed at a premium of 1 per cent over the issue price of Rs.70.

Moving Media Entertainment share price listed at Rs.71 apiece on NSE. The stock rose over 5 per cent during the intraday level, climbing to Rs.74.55.

Moving Media Entertainment IPO was entirely a fresh issue of 62 lakh shares with no offer for sale component. Retail investors could apply with a minimum lot size of 2,000 shares, requiring a minimum investment of Rs.1.40 lakh.

Moving Media Entertainment plans to utilise the net proceeds from its IPO primarily for three key purposes. The company intends to invest approximately Rs.25 crore towards advanced c...