Mumbai, July 4 -- The scrip was listed at Rs 130, a premium of 52.94% compared with the initial public offer (IPO) price. The stock was currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 136.50 and a low of Rs 123.50. About 30.86 lakh shares of the company changed hands at the counter.

Adcounty Media India's IPO was subscribed 251.70 times. The issue opened for bidding on 27 June 2025 and it closed on 1 July 2025. The price band of the IPO was set at Rs 80 to Rs 85 per share.

The IPO comprised fresh issue of 59,63,200 equity shares. The promoter and promoter group shareholding diluted to 65.52% from 89.14% pre-issue.

The company intends to utilize the net proceeds for capital expenditure, wo...