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Adcounty Media India makes solid D-Street debut; shares list at 53% premium
Adcounty Media's debut was in-line with the grey market estimates. Ahead of listing, the unlisted shares of the company were trading at ₹125, reflecting a premium of ₹40 or 47 per cent against the issue price.
Adcounty Media India IPO subscription
Adcounty Media India IPO details
Adcounty Media India IPO comprises a fresh issue of 5.96 million equity shares to raise ₹50.69 crore. There is no offer for sale (OFS) component.
Adcounty Media IPO was available for subscription from Thursday, June 27, 2025, till Tuesday, July 1, 2025. The basis of allotment of shares was finalised on Wednesday, July 2, 2025.
Skyline Financial Services was the registrar of the issue. Narnolia Financial Services was the book-running lead manager of the Adcounty Media IPO.
According to the red herring prospectus (RHP), the company plans to use the net fresh issue proceeds to meet capital expenditure requirements, working capital requirements, and expenses for the unidentified acquisition of the company. The remaining funds will be used for general corporate purposes.
About Adcounty Media India
Incorporated in May 2017, Adcounty Media India is a BrandTech company focused on providing end-to-end solutions to brands, covering everything from branding to performance optimisation. It serves a diverse range of clients spanning various industries. The company operates multiple websites across various verticals, offers mobile apps, and provides a programmatic tool called BidCounty. Its range of services includes Programmatic Advertising and Search Engine Optimisation (SEO).
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