<figure class="wp-block-image size-large hts-content-image"><img src="https://images.unsplash.com/photo-1640368079522-c49ba4b1e5e5" alt="Adcounty Media India IPO Update: 70% Subscribed on First Day"/></figure>
<h2>Adcounty Media India IPO Overview</h2><p>The Adcounty Media India IPO has generated significant interest, with approximately 70% of the shares subscribed on the first day of bidding, which opened on June 27 and will continue until July 1. Investors are keenly watching this IPO as the company aims to raise â¹50.69 crore through the offering, priced between â¹80 and â¹85 per share.</p><h2>Key Financial Details</h2><p>For the fiscal year ending March 31, 2025, Adcounty Media has reported a revenue of â¹68.89 crore. This solid financial performance is undoubtedly encouraging for potential investors, positioning the company as a promising candidate in the market. The IPO&#8217;s pricing range reflects a strategic decision to attract both retail and institutional investors, reinforcing confidence in the company&#8217;s future prospects.</p><h2>Understanding GMP and IPO Dynamics</h2><p>One crucial aspect of the IPO landscape is the grey market premium (GMP), which serves as an indicator of investor sentiment. Although specific GMP figures are still being assessed, they will play a vital role in determining the appetite for Adcounty Media&#8217;s shares. As the bidding progresses, it will be essential for investors to keep an eye on GMP trends, as well as other key details that could impact the final subscription numbers.</p>
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