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[Breaking] Madup Lists on KOSDAQ, Surges 142% Above IPO Price... AI Marketing Solution Growth Potential 'In Spotlight'

Digital marketing solution company Madup has newly listed on the KOSDAQ market, showing an explosive stock price surge from day one and drawing strong interest

Wooil Shim
Staff Reporter
8 min read
[Breaking] Madup Lists on KOSDAQ, Surges 142% Above IPO Price... AI Marketing Solution Growth Potential 'In Spotlight'
CBC News

Digital marketing solution company Madup has newly listed on the KOSDAQ market, showing an explosive stock price surge from day one and drawing strong interest from investors. The company is being positively evaluated for expanding its business beyond simple ad operation agency services into artificial intelligence (AI)-based marketing solutions, which is seen as a key growth driver.

As of 9:04 a.m. on the 1st, Madup's stock price stands at 19,410 won. This represents a 142.62% increase from the initial public offering (IPO) price of 8,000 won.

During this IPO process, Madup finalized its offering price at 8,000 won, the high end of its desired price range of 7,000 to 8,000 won. The company offered a total of 2 million shares, successfully raising 16 billion won in capital. Notably, it recorded a high competition rate of 1,396.29 to 1 in the demand forecast for institutional investors, proving the market's keen interest. The public subscription was conducted with Mirae Asset Securities as the lead underwriter, with an allotted volume of 500,000 to 600,000 shares.

Launched in 2015 as a specialized performance marketing company, Madup has responded to the demand for data-driven ad operations in step with changes in the mobile-centric digital advertising market. To streamline the complex tasks involved in running ad campaigns, the company developed its own marketing platform called 'LEVER' and established a data-based performance management and ad operation automation system. Through continuous technological advancement, it commercialized 'LEVER Xpert' in 2024, demonstrating its technological prowess.

Currently, Madup is expanding cooperation with major digital advertising platforms and collaborating with specialized AI research institutions, positioning itself as an AI-based marketing solution company. Its core strategy is to go beyond simple ad agency services and provide a systematic marketing operation solution that combines data analysis and automation technology.

The market views positively that digital advertising has established itself as a key industry due to the spread of internet and mobile environments. However, due to the limitations of the ad operation structure, which still has a high dependence on labor, market demand for work automation and efficiency is expected to grow further.

In line with these trends, Madup plans to enhance its platform competitiveness by advancing AI and software-based automation technologies to reduce repetitive tasks and maximize data utilization. The industry is also paying close attention to the growth potential of companies that possess their own platforms and technological capabilities, as solution-centered competition intensifies with the convergence of digital marketing and AI technologies.

However, the AI-based marketing solution market is characterized by rapid technological advancement and intensifying competition. Therefore, the ability to acquire new customers, service sophistication, and continued investment in research and development (R&D) are cited as key variables that will determine future performance and corporate value.

[This article was written based on publicly available disclosure materials and corporate information, and utilized artificial intelligence (AI) technology in the process of drafting and organizing information. The final content was produced through an editorial and review process. This article is intended to provide information related to an initial public offering (IPO) and does not constitute investment solicitation or trading recommendations for any specific stock. Investments in IPO shares and stocks may result in losses depending on market conditions and corporate performance, and investment decisions and their associated responsibilities rest solely with the investor.]

Wooil Shim
Staff Reporter

CBC Globe publishes verified stories with editorial review, source checks, and tenant-specific publication standards.