Adcounty Media India Ltd. logo

Adcounty Media India was incorporated on May 03, 2017. The company is a BrandTech firm offering end-to-end advertising and performance optimization solutions across industries. It leverages technology, proprietary tools like BidCounty, and market research to deliver customized branding and user acquisition strategies

Bidding Dates
27 Jun 2025 - 01 Jul 2025
Subscription
251.7x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹1,28,0001116006.0 M₹80 - ₹8565.52 %₹477.1 M - ₹506.9 MRHP DOC

Adcounty Media IPO SUBSCRIPTION STATUS

01 Jul '25
Total251.7x
Retail Individual Investor302.05x
HNI (NII) Investors732.43x
Qualified Institutional Buyers72.24x

Adcounty Media IPO overall subscription rate was 251.7 times the total available shares

Adcounty Media IPO retail subscription rate was 302.05 times in the retail segment

Adcounty Media IPO non-institutional investor subscription rate was 732.43 times in the non-institutional investor category

Adcounty Media IPO Qualified Institutional Bidder subscription rate was 72.24 times the available shares for Qualified Institutional Bidder

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%
01 Jul 2025
(Day 3)
302.05x732.43x72.24x
30 Jun 2025
(Day 2)
26.05x11.65x1.39x
27 Jun 2025
(Day 1)
3.42x1.21x1.32x

Adcounty Media FINANCIALS

Period Net Profit (Rs in crore) Revenue from Operations (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
FY25 13.8 68.9 -0.2 -0.3 26.5%
FY24 8.3 42.7 4.5 4.4 25.3%
FY23 7.6 53.6 1.4 1.3 19.4%

Adcounty Media IPO SUBSCRIPTION STATUS DETAILS

Adcounty Media had 6.0 M shares on offer

Adcounty Media IPO offer price was in the range ₹80 - ₹85

Adcounty Media IPO minimum Investment was128000

Adcounty Media IPO issue size was ₹ 477.1 M - ₹ 506.9 M

Adcounty Media had a minimum lot size of 1600 Shares per application

Adcounty Media NUMBER OF SHARES ON OFFER

Total6.0 M
Fresh Issue6.0 M
Offer for Sale0
Post Issue Promoter Holding %65.52 %

Adcounty Media IPO IMPORTANT DATES

Issue Open Date27 Jun 2025
Issue close Date01 Jul 2025
Allotment Date02 Jul 2025
Refund Date03 Jul 2025
Demat Account Credit Date03 Jul 2025
Listing Date04 Jul 2025
Listing on Exchange(s)BSE
Adcounty Media Allotment StatusExchange/ Registrar

Adcounty Media IPO subscription opened on 27 Jun 2025, and closed on 01 Jul 2025

IPO allotment for Adcounty Media was finalized on Wednesday, 02 Jul 2025

IPO listing for Adcounty Media was on BSE on Friday, 04 Jul 2025

Adcounty Media IPO LISTING GAINS

Issue Price (adjusted)85.0
Listing Open Price130.0
Listing Close Price136.5
Listing Gain%52.9%
Current Gain%7.1%

Adcounty Media Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Adcounty Media India Ltd.91204.810.20.22.418.817.288.226.820.145.98.945.9
Media Matrix Worldwide Ltd.15.61768.23024.51.48.72.41261.5-33.35.967.40.167.4
Signpost India Ltd.269.11438.319.60.22.424.410.2580.926.770.1107.313.894.1
Bright Outdoor Media Ltd.360785.632.71310.9155.421.42426.111
Praveg Ltd.281.6736.3-63.90.43.1-2.6-1.6242.439-11.5-175.2-4.4-171.9
R K Swamy Ltd.105.5532.524.11.31.68.45.2351.714.922.118.54.418.5

Adcounty Media INFORMATION ON IPO ISSUE

About Adcounty Media

Adcounty Media India was incorporated on May 03, 2017. The company is a BrandTech firm offering end-to-end advertising and performance optimization solutions across industries. It leverages technology, proprietary tools like BidCounty, and market research to deliver customized branding and user acquisition strategies

Object of the Issue

  • To meet out the capital expenditure requirements of the company
  • To meet out the working capital requirements of the company
  • To meet out the expenses for unidentified acquisition of the company and general corporate purposes
  • To meet out the issue expenses

Adcounty Media - PROMOTERS

Name
Chandan Garg
Aditya Jangid
Abbhinav Rajendra Jain
Delphin Varghese
Vartika Dangayach
Innovana Thinklabs Limited

Adcounty Media Book Running Lead Manager

Narnolia Financial Services Limited

ipo@narnolia.com

Adcounty Media Registrar to the issue

Skyline Financial Services Private Limited

compliances@skylinerta.com

Adcounty Media Strengths

Global customer base

The company has established a strong global footprint, serving clients across nearly 47 countries. This widespread presence helps reduce reliance on any single geography, providing revenue stability and access to diverse markets

Strength

Data-led ad solutions

By combining advanced technology, market research, and data analytics, the company develops high-performing, customer-centric advertising campaigns. This approach ensures that brands can optimize spend and conversion outcomes while maintaining relevance and impact across channels

Strength

Adcounty Media Risks

Leased office

The company operates from two leased premises: its corporate office in Gurugram and registered office in Jaipur. These properties are not owned by the company and are occupied through agreements with third-party entities. If these agreements are terminated or not renewed on favourable terms, the company may need to find alternate premises, potentially disrupting operations and increasing costs

Risk

Customer concentration

A significant portion of the company’s revenue is derived from its top ten customers any loss of even one major customer or a reduction in their orders could materially affect revenue, cash flow, and profitability

Risk

Geographic revenue

The company generates a large proportion of its domestic revenue from three states: Haryana, Karnataka, and Maharashtra—together contributing over 88% of total India-based revenue in each of the last three financial years. This regional dependency makes the company vulnerable to local disruptions

Risk

IPO FAQs

  • The promoters of the company are Chandan Garg, Aditya Jangid, Abbhinav Rajendra Jain, Delphin Varghese, Vartika Dangayach and Innovana Thinklabs Limited.

  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.

  • The price band of the IPO is Rs 80.0 - 85.0.

  • The IPO application opens on Jun 27, 2025 and closes on Jul 01, 2025.

  • The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.

  • For all category investors, the minimum application amount for this IPO is Rs. 128,000.0, the maximum value for this IPO is Rs 136,000.0.

  • This IPO will be allotted on Jul 02, 2025.

  • The refund will be credited to your account on Jul 03, 2025.

  • The allotted shares will be credited to your demat on Jul 03, 2025.

  • Adcounty Media India Ltd.’s shares listed on the stock exchanges on Jul 04, 2025.