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Adcounty Media IPO vs Cryogenic OGS IPO

Comparison between Adcounty Media IPO and Cryogenic OGS IPO.

IPO Details

Adcounty Media IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Cryogenic OGS IPO is a SME Bookbuilding proposed to list at BSE SME.

 Adcounty Media IPOCryogenic OGS IPO
LogoAdcounty Media IPO LogoCryogenic OGS IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersNarnolia Financial Services Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerPrabhat Financial Services Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Adcounty Media IPO is up to ₹47.83 Cr whereas the issue size of the Cryogenic OGS IPO is up to ₹16.88 Cr. The final issue price of Adcounty Media IPO is ₹85.00 per share and of Cryogenic OGS IPO is ₹47.00 per share.

 Adcounty Media IPOCryogenic OGS IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share₹44.00 per share
Issue Price (Upper)₹85.00 per share₹47.00 per share
Issue Price (Final)₹85.00 per share₹47.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size56,27,200 shares35,91,000 shares
Fresh Issue Size (Amount)up to ₹47.83 Crup to ₹16.88 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total56,27,200 shares35,91,000 shares
Issue Size Total (Amount)up to ₹47.83 Crup to ₹16.88 Cr

IPO Timetable

Adcounty Media IPO opens on Jun 27, 2025, while Cryogenic OGS IPO opens on Jul 03, 2025. The closing date of Adcounty Media IPO and Cryogenic OGS IPO is Jul 01, 2025, and Jul 07, 2025, respectively.

 Adcounty Media IPOCryogenic OGS IPO
Anchor Bid DateJun 26, 2025Jul 02, 2025
Issue OpenJun 27, 2025Jul 03, 2025
Issue CloseJul 01, 2025Jul 07, 2025
Basis Of Allotment (Tentative)Jul 02, 2025Jul 08, 2025
Initiation of Refunds (Tentative)Jul 03, 2025Jul 09, 2025
Credit of Share (Tentative)Jul 04, 2025Jul 09, 2025
Listing date (Tentative)Jul 04, 2025Jul 10, 2025
Anchor Lockin End date 1Aug 03, 2025Aug 06, 2025
Anchor Lockin End date 2Oct 05, 2025Oct 05, 2025

Financials & KPIs

Adcounty Media IPO P/E ratio is 10.16, as compared to Cryogenic OGS IPO P/E ratio of 8.06.

 Adcounty Media IPOCryogenic OGS IPO
Financials

Adcounty Media India Limited Financial Information (Restated)

Adcounty Media India Limited's revenue increased by 61% and profit after tax (PAT) rose by 66% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets47.9229.5126.84
Total Income69.5843.2453.64
Profit After Tax13.758.287.64
EBITDA18.2510.8010.40
Net Worth37.9020.2711.92
Reserves and Surplus21.3620.2611.91
Total Borrowing0.29
Amount in ₹ Crore

Cryogenic OGS Limited Financial Information (Restated)

Cryogenic OGS Limited's revenue increased by 32% and profit after tax (PAT) rose by 15% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets33.8528.3524.00
Total Income33.7925.6722.71
Profit After Tax6.125.354.08
EBITDA7.966.395.65
Net Worth28.9922.8617.52
Reserves and Surplus18.4922.4017.02
Total Borrowing0.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)89.14100
Promoter Shareholding (Post-Issue)65.5173.52
P/E Ratio10.168.06
Market Cap₹191.26 Cr.₹67.12 Cr.
ROE47.28%23.62%
ROCE47.27%28.93%
Debt/Equity
EPS₹8.37₹5.83
RoNW47.28%21.12%

Shares Offered

In the Adcounty Media IPO Retail Individual Investors (RII) are offered 19,71,200 shares while in Cryogenic OGS IPO retail investors are offered 19,71,200 shares. Qualified Institutional Buyers (QIB) are offered 11,24,800 shares in Adcounty Media IPO and 7,17,000 shares in Cryogenic OGS IPO.

 Adcounty Media IPOCryogenic OGS IPO
Anchor Investor Reserveration16,86,400 shares10,74,000 shares
Market Maker Reserveration3,36,000 shares1,89,000 shares
QIB11,24,800 shares7,17,000 shares
NII8,44,800 shares5,40,000 shares
RII19,71,200 shares12,60,000 shares
Employee
Others
Total56,27,200 shares35,91,000 shares

Bids Received (Subscription)

Adcounty Media IPO subscribed 273.08x in total, whereas Cryogenic OGS IPO subscribed 694.90x.

 Adcounty Media IPOCryogenic OGS IPO
QIB (times)137.33x209.59x
NII (times)555.79x1,155.38x
Big NII (times)
Small NII (times)
RII (times)229.37x773.70x
Employee (times)
Other (times)
Total (times)273.08x694.90x