AdCounty Media India IPO GMP: Complete Analysis & Investor Guide

abhi finowingsabhi finowings
4 min read

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

DetailInformation
IPO Open DateJune 27, 2025
IPO Close DateJuly 1, 2025
Listing PlatformBSE SME
Price Band₹80 to ₹85 per share
Lot Size1600 shares
Issue Size₹50.77 crore (Fresh Issue Only)
Listing DateLikely 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

  • Fi.Money

  • 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

MetricFY24FY25 (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

  1. High Valuation Premium: The implied P/E and Price/Sales ratios are on the higher side for an SME.

  2. GMP Volatility: Unofficial premiums can quickly drop if market sentiment shifts.

  3. 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.

0
Subscribe to my newsletter

Read articles from abhi finowings directly inside your inbox. Subscribe to the newsletter, and don't miss out.

Written by

abhi finowings
abhi finowings