Century Business Media IPO is an SME IPO of Century Business Media Limited. The company provides Out-of-Home (OOH) advertising solutions through digital and non-digital media formats across airports, railway stations, metro locations and city-based media assets.
The Century Business Media IPO opened for subscription on 11 September 2026 and will close on 16 September 2026. The IPO price band is fixed at ₹70 to ₹74 per equity share with a face value of ₹10 per share. The issue size is approximately ₹17.11 crore and comprises a fresh issue of up to 23,16,000 equity shares.
The company plans to use the IPO proceeds for purchasing media assets, security deposits for advertising rights, repayment of certain borrowings, working capital requirements and general corporate purposes.
Century Business Media shares are proposed to be listed on the BSE SME platform. The IPO allotment is expected to be finalized on 17 September 2026, while the tentative listing date is 21 September 2026.
Table of Contents
Century Business Media IPO Details
| Particulars | IPO Details |
|---|---|
| IPO Open Date | 11 September 2026 |
| IPO Close Date | 16 September 2026 |
| IPO Allotment Date | 17 September 2026 |
| IPO Listing Date | 21 September 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹70 to ₹74 Per Share |
| Issue Size | Approx. ₹17.11 Crores |
| Fresh Issue | 23,16,000 Equity Shares |
| Offer for Sale | Nil |
| Issue Type | Book Building Issue |
| IPO Listing | BSE SME |
| Market Lot | 1,600 Shares |
| Minimum Retail Application | 3,200 Shares / 2 Lots |
| Minimum Investment | ₹2,36,800 |
| Registrar | KFin Technologies Limited |
| Lead Manager | Hem Securities Limited |
The minimum application requires two lots, or 3,200 shares, at the upper price band of ₹74 per share.
IPO Dates
| IPO Event | Date |
|---|---|
| IPO Open Date | 11 September 2026 |
| IPO Close Date | 16 September 2026 |
| Basis of Allotment | 17 September 2026 |
| Initiation of Refunds | 18 September 2026 |
| Credit of Shares to Demat | 18 September 2026 |
| IPO Listing Date | 21 September 2026 |
IPO Reservation
The Century Business Media IPO reservation is divided among qualified institutional buyers, non-institutional investors and retail investors. An anchor investor portion has also been allocated from the QIB category.
| Investor Category | Shares Offered |
|---|---|
| QIB | 4,38,400 Shares |
| NII | 3,31,200 Shares |
| Retail | 7,71,200 Shares |
| Anchor Investors | 6,54,400 Shares |
IPO Lot Size
The Century Business Media IPO lot size is 1,600 shares. However, the minimum retail application is two lots, which means retail investors need to apply for at least 3,200 shares.
At the upper price band of ₹74, the minimum retail investment is ₹2,36,800.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹2,36,800 |
| Retail Maximum | 2 | 3,200 | ₹2,36,800 |
| S-HNI Minimum | 3 | 4,800 | ₹3,55,200 |
| S-HNI Maximum | 8 | 12,800 | ₹9,47,200 |
| B-HNI Minimum | 9 | 14,400 | ₹10,65,600 |
About Century Business Media
Century Business Media Limited is an Out-of-Home advertising company established in 1999. The company provides advertising solutions through various physical and digital media assets located at airports, railway stations, metro locations and city-based outdoor media locations.
The company’s advertising portfolio includes different OOH formats such as hoardings, billboards, kiosks, wall wraps, gantries, airport media assets, railway advertising assets and Platform Screen Door advertising. It provides advertisers with opportunities to reach consumers through high-traffic public locations.
Century Business Media started its outdoor media and advertising business in Bihar and Jharkhand and subsequently expanded into airport and railway advertising. The company entered airport media advertising in 2013 and railway station media advertising in 2018. It later expanded into metro outdoor media advertising.
The company has advertising rights across several airport and railway locations and focuses on providing media inventory to advertisers from sectors such as banking and insurance, education, healthcare, FMCG, jewellery and other consumer-oriented industries.
Business Overview
Century Business Media operates primarily in the Out-of-Home advertising industry. OOH advertising allows businesses to communicate with consumers through advertising displays placed in public and high-traffic locations.
The company operates across airport, railway, metro and city media formats. Its airport advertising business provides advertising opportunities at selected airports, while its railway business covers advertising spaces outside railway station campuses. The company has also expanded into metro advertising through Platform Screen Door media.
The business model is based on obtaining advertising rights or media assets and monetising those assets by selling advertising space to clients. The company’s performance is therefore influenced by advertising demand, location quality, media visibility, contract terms and the overall advertising environment.
Its expansion into different OOH formats provides diversification across multiple media channels. However, the company also operates in a competitive industry where advertising budgets, economic conditions and changes in consumer behaviour can influence demand.
IPO Growth Strategy
Century Business Media plans to strengthen its OOH advertising business by expanding its media asset portfolio and securing additional advertising rights at strategically important locations. The IPO proceeds will support the purchase of media assets and the payment of security deposits for advertising rights.
The company’s presence across airports, railway stations, metro locations and city-based outdoor media gives it multiple channels for serving advertisers. Expansion into additional high-footfall locations can help the company increase its advertising inventory and improve revenue potential.
The company can also benefit from the growing use of OOH advertising by brands seeking visibility in high-traffic public locations. However, future growth will depend on successfully acquiring new contracts, maintaining existing advertising rights and managing operating and working-capital requirements.
Century Business Media Financial Information
| Particulars (₹ Cr) | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 32.27 | 36.91 | 46.76 |
| EBITDA | 5.58 | 7.18 | 8.58 |
| Profit After Tax | 3.68 | 4.70 | 5.56 |
| Net Worth | 7.76 | 12.47 | 18.02 |
| Total Assets | 21.24 | 22.37 | 31.28 |
| Borrowings | 8.10 | 5.50 | 7.96 |
Century Business Media’s revenue increased from ₹32.27 crore in FY2024 to ₹46.76 crore in FY2026. Profit after tax also increased from ₹3.68 crore to ₹5.56 crore during the same period.
Century Business Media IPO KPIs
| KPI | FY2026 |
|---|---|
| EPS | ₹8.61 |
| P/E (Pre-Issue) | 8.59x |
| P/E (Post-Issue) | 11.67x |
| RoNW | 30.83% |
| ROE | 36.44% |
| ROCE | 30.06% |
| Debt / Equity | 0.44 |
| EBITDA Margin | 18.47% |
| PAT Margin | 11.96% |
| NAV Per Share | ₹27.94 |
The FY2026 figures indicate improvement in revenue, profitability and net worth. The company reported an FY2026 EPS of ₹8.61, RoNW of 30.83% and ROCE of 30.06%.
Century Business Media IPO Objects of the Issue
The company proposes to use the net IPO proceeds for several business requirements.
| Object of the Issue | Amount |
|---|---|
| Funding Capital Expenditure towards Purchase of Media Assets | ₹4.21 Cr |
| Payment of Security Deposit for Advertising Rights at Patna Airport | ₹3.77 Cr |
| Repayment of Certain Borrowings | ₹1.45 Cr |
| Working Capital Requirements | ₹3.25 Cr |
| General Corporate Purpose | Yet to be Updated |
The proposed use of funds is focused mainly on expanding media assets, securing advertising rights, reducing selected borrowings and supporting the company’s working capital requirements.
Century Business Media IPO GMP
Century Business Media IPO GMP is an unofficial indicator of the premium at which the shares may trade in the grey market before listing. GMP is not regulated by SEBI and can change depending on market conditions and investor sentiment.
The latest available market data checked for the IPO showed GMP around ₹0, indicating no meaningful grey-market premium at that point.
| Date | IPO Price | GMP | Estimated Listing Price | Estimated Gain |
|---|---|---|---|---|
| 10 September 2026 | ₹74 | ₹0 | ₹74 | 0.00% |
| 9 September 2026 | ₹74 | ₹0 | ₹74 | 0.00% |
| 8 September 2026 | ₹74 | ₹0 | ₹74 | 0.00% |
Note: GMP is unofficial and can change rapidly. Investors should not make investment decisions solely on the basis of grey-market premiums.
Century Business Media IPO Subscription Status
The Century Business Media IPO opened on 11 September 2026 and will close on 16 September 2026. Subscription figures can change throughout the issue period.
The IPO received strong QIB interest on the opening day, while NII and retail participation was comparatively lower.
| Category | Day 1 Subscription |
|---|---|
| QIB | 3.51x |
| NII | 0.41x |
| Retail | 0.12x |
| Total | 1.15x |
Subscription data is updated during the IPO period and may change substantially before the closing date.
IPO Review
Century Business Media IPO provides investors with an opportunity to participate in an established OOH advertising business with operations across airport, railway, metro and city-based media formats.
One of the key positives is the company’s financial growth. Revenue increased from ₹32.27 crore in FY2024 to ₹46.76 crore in FY2026, while profit after tax increased from ₹3.68 crore to ₹5.56 crore. The company also reported a healthy FY2026 RoNW of 30.83%.
The IPO valuation also needs to be considered carefully. At the upper price band, the pre-issue P/E is around 8.59x based on FY2026 earnings, while the post-issue P/E is around 11.67x. Investors should compare these valuations with the company’s growth prospects, advertising industry conditions and the risks associated with SME-listed companies.
Century Business Media IPO Strengths
- Established Business: The company has been operating in the advertising industry since 1999.
- Diversified OOH Formats: Its operations cover airports, railway stations, metro locations and city-based media assets.
- Revenue Growth: Revenue increased from ₹32.27 crore in FY2024 to ₹46.76 crore in FY2026.
- Profit Growth: Profit after tax increased from ₹3.68 crore in FY2024 to ₹5.56 crore in FY2026.
- Healthy Return Ratios: FY2026 RoNW and ROCE stood at 30.83% and 30.06%, respectively.
- Expansion Opportunities: IPO funds are planned partly for additional media assets and advertising rights.
Century Business Media IPO Risk Factors
- Advertising Industry Dependence: The company’s business is dependent on advertising demand and marketing expenditure.
- Competition: The OOH advertising industry is competitive and may face pressure from digital and other advertising formats.
- Location Dependence: Revenue can be affected by the performance and commercial attractiveness of the locations where advertising rights are held.
- Working Capital Requirements: The company requires working capital to support its ongoing business operations.
- SME Listing Risk: SME stocks can have lower liquidity compared with Mainboard-listed companies.
- Borrowings: The company had borrowings of approximately ₹7.96 crore as of FY2026.
- Market Volatility: The share price may experience significant fluctuations after listing due to limited liquidity and market sentiment.
Century Business Media IPO Promoters
The promoters of Century Business Media Limited are Shashi Kumar Chaudhary and Seema Chaudhary. The promoter group held the entire pre-issue share capital before the IPO.
| Particulars | Details |
|---|---|
| Promoter 1 | Shashi Kumar Chaudhary |
| Promoter 2 | Seema Chaudhary |
| Pre-IPO Promoter Holding | 100% |
| Pre-IPO Promoter Shares | 64,49,280 Shares |
After the IPO, the promoters’ percentage holding is expected to reduce as new equity shares are issued to public investors.
Century Business Media IPO Management Team
The company is managed by a combination of executive directors, non-executive directors, independent directors and key managerial personnel.
| Name | Designation |
|---|---|
| Shashi Kumar Chaudhary | Chairman & Managing Director |
| Seema Chaudhary | Whole Time Director |
| Sangita Dokania | Non-Executive Director |
| Abhishek Kumar Ray | Independent Director |
| Lata Bagri | Independent Director |
| Shreya Chaudhary | Chief Financial Officer |
| Shashank Poddar | Company Secretary & Compliance Officer |
Century Business Media IPO Lead Manager Details
| Lead Manager | Details |
|---|---|
| Hem Securities Limited | Book Running Lead Manager |
Hem Securities Limited is the Book Running Lead Manager for the Century Business Media IPO.
Century Business Media IPO Contact Details
| Particulars | Details |
|---|---|
| Company Name | Century Business Media Limited |
| Registered Office | 107, Emarat Firdaus, Exhibition Road, Patna, Bihar – 800001 |
| Telephone | 0612 2320672/76 |
| [email protected] | |
| Website | https://centurymedia.in/ |
Century Business Media IPO Registrar Details
| Particulars | Details |
|---|---|
| Registrar Name | KFin Technologies Limited |
| Registrar Type | Registrar to the Issue |
| Contact | KFin Technologies Limited |
| Website | www.kfintech.com |
KFin Technologies Limited is the registrar handling the IPO application and allotment process.
How to Check Century Business Media IPO Allotment?
Investors can check the Century Business Media IPO allotment status after the basis of allotment is finalized.
- Visit the IPO registrar’s website.
- Select Century Business Media IPO from the available issue list.
- Select the preferred option such as PAN, application number or DP/Client ID.
- Enter the required details.
- Submit the information to check the allotment status.
- The allotment details will be displayed on the screen.
The basis of allotment is expected to be finalized on 17 September 2026.
Century Business Media IPO Listing Performance
Century Business Media shares are scheduled to list on the BSE SME platform on 21 September 2026.
| Particulars | Details |
|---|---|
| Listing Exchange | BSE SME |
| Listing Date | 21 September 2026 |
| Issue Price | ₹70 – ₹74 |
| Listing Price | Yet to be Updated |
| Listing Gain/Loss | Yet to be Updated |
The actual listing price will depend on market conditions, investor demand and the final IPO subscription response.
Should You Invest in Century Business Media IPO?
Century Business Media IPO has several positive factors, including revenue growth, improving profitability, an established presence in OOH advertising and expansion into airport, railway and metro advertising formats.
The company’s FY2026 revenue stood at ₹46.76 crore and profit after tax was ₹5.56 crore. Its return ratios were also relatively strong, with RoNW of 30.83% and ROCE of 30.06%.
However, investors should also consider the risks associated with the advertising industry, location-based media rights, working capital requirements and SME stock liquidity. The company operates in a competitive industry where advertising budgets can fluctuate with economic conditions.
Investors should therefore evaluate the company’s financial performance, valuation, business model and risk factors before applying. The IPO should be considered based on long-term business prospects rather than GMP or expected listing gains alone.
Century Business Media IPO Conclusion
Century Business Media IPO is an SME IPO of ₹17.11 crore that comprises a fresh issue of up to 23.16 lakh equity shares. The company operates in the Out-of-Home advertising industry and provides advertising solutions through airport, railway, metro and city-based media assets.
The company has demonstrated growth in both revenue and profitability over the last few financial years. Its FY2026 revenue reached ₹46.76 crore, while profit after tax stood at ₹5.56 crore. The proposed use of IPO proceeds toward media assets, advertising rights, debt repayment and working capital could support the company’s future expansion.
At the same time, investors should carefully assess the risks related to advertising demand, competition, location-based contracts, working capital and SME-market liquidity. A balanced evaluation of fundamentals and valuation is important before investing in the Century Business Media IPO.
Century Business Media IPO FAQs
What is Century Business Media IPO?
Century Business Media IPO is an SME IPO of Century Business Media Limited. The company operates in the Out-of-Home advertising sector.
When will Century Business Media IPO open?
Century Business Media IPO opened for subscription on 11 September 2026.
When will Century Business Media IPO close?
The Century Business Media IPO will close on 16 September 2026.
What is Century Business Media IPO price band?
The Century Business Media IPO price band is ₹70 to ₹74 per equity share.
What is Century Business Media IPO lot size?
The IPO lot size is 1,600 shares, while the minimum retail application is two lots or 3,200 shares.
What is the minimum investment in Century Business Media IPO?
At the upper price band of ₹74, the minimum retail investment is ₹2,36,800 for 3,200 shares.
What is Century Business Media IPO issue size?
The Century Business Media IPO issue size is approximately ₹17.11 crore.
What is Century Business Media IPO GMP today?
The latest checked grey-market data showed GMP around ₹0. GMP is unofficial and can change before listing.
When is Century Business Media IPO allotment?
The Century Business Media IPO allotment is expected to be finalized on 17 September 2026.
When will Century Business Media IPO list?
Century Business Media shares are scheduled to list on the BSE SME platform on 21 September 2026.
Who are the promoters of Century Business Media?
The promoters are Shashi Kumar Chaudhary and Seema Chaudhary.
Who is the registrar of Century Business Media IPO?
KFin Technologies Limited is the registrar to the Century Business Media IPO.
