AdCounty Media India IPO GMP: Complete Analysis & Investor Guide


The AdCounty Media India IPO has sparked strong market interest ahead of its BSE SME listing. Known for its rapid growth in the digital advertising space, the company is raising ₹50.77 crore through a fresh issue of equity shares. But what has really caught investor attention is its Grey Market Premium (GMP) — currently reflecting a notable upside.
This article explores the AdCounty Media India IPO GMP, its financial strength, growth outlook, and whether it presents a meaningful opportunity for investors.
Key IPO Details
Detail | Information |
IPO Open Date | June 27, 2025 |
IPO Close Date | July 1, 2025 |
Listing Platform | BSE SME |
Price Band | ₹80 to ₹85 per share |
Lot Size | 1600 shares |
Issue Size | ₹50.77 crore (Fresh Issue Only) |
Listing Date | Likely July 4, 2025 |
AdCounty Media is offering only a fresh issue, with no offer for sale (OFS), ensuring that the funds raised will directly aid the company’s growth initiatives.
Grey Market Premium (GMP) Analysis
The AdCounty Media India IPO GMP is reported to be around ₹33 per share, suggesting a possible listing at ₹118 (₹85 + ₹33). This indicates a listing gain of nearly 38–39%, which is considered strong in SME IPO terms.
GMP reflects the unofficial market’s expectation of IPO listing price. Although not regulated, GMP can be a useful sentiment gauge.
What This GMP Means:
Strong Listing Anticipation: Investors are pricing in robust listing-day demand.
Short-Term Gain Potential: ₹33 premium suggests early investors could see quick returns.
Market Sentiment Driver: High GMP often boosts last-day retail and HNI interest.
However, investors must remember that GMP is volatile and not a guarantee of performance.
About AdCounty Media India Ltd
AdCounty Media India is a fast-growing BrandTech company—where branding meets cutting-edge digital technology. It operates globally in 47 countries and offers advertising services through its proprietary platform BidCounty, a demand-side platform (DSP) used for efficient ad placement.
Key Services:
Programmatic Advertising
Performance Marketing (CPA, CPL, CPI, CPS models)
Search Engine Marketing (SEM)
Social Media Campaigns (Facebook, Google, etc.)
Influencer and Affiliate Marketing
Major Clients:
ShareChat
Zepto
BankSathi
PolicyBazaar
Muvin
This diversified client base and global outreach position AdCounty as a tech-driven digital marketing enabler with a scalable model.
Financial Performance Overview
Metric | FY24 | FY25 (Estimated) |
Revenue | ₹43 crore | ₹69.6 crore |
Net Profit | ₹8.28 crore | ₹13.75 crore |
ROE | ~41% | - |
ROCE | ~56% | - |
These numbers show strong top-line and bottom-line growth, with high return ratios and efficient capital deployment—critical indicators for investors looking at profitability and scalability.
IPO Subscription Outlook
The IPO received decent buzz on opening, but institutional participation will be a key factor to watch. While retail and HNIs may drive subscription volumes, QIB interest can bring confidence in the company’s long-term outlook.
Expect last-day subscription to surge if GMP sustains or increases.
Risks to Consider
High Valuation Premium: The implied P/E and Price/Sales ratios are on the higher side for an SME.
GMP Volatility: Unofficial premiums can quickly drop if market sentiment shifts.
SME Segment Risk: Post-listing liquidity in SME stocks can be low.
Final Verdict: Should You Subscribe?
AdCounty Media India IPO offers a compelling short-term opportunity, backed by strong GMP and a business model aligned with future-ready digital advertising. The company’s proprietary tech platform, strong client base, and financial performance make it a standout in the SME IPO segment.
However, investors should stay cautious of valuation risks and avoid basing decisions solely on GMP. For those with a medium to long-term horizon, AdCounty presents an opportunity to ride the digital ad wave with a proven and profitable player.
Quick Summary
GMP: ₹33 (~38% premium)
Price Band: ₹80–₹85
Lot Size: 1600 shares (~₹1.36 lakh)
Sector: AdTech/BrandTech
Listing Date: July 4, 2025
Verdict: Strong business + high GMP = Potential gains, but evaluate fundamentals carefully.
Subscribe to my newsletter
Read articles from abhi finowings directly inside your inbox. Subscribe to the newsletter, and don't miss out.
Written by
