Century Business Media IPO: Price Band, Lot Size, Financials & Review
Century Business Media IPO listed on BSE on Mon, 21 Sep 2026. The issue was subscribed 58.00x overall.
- Open Date
- 11 Sep 2026
- Close Date
- 16 Sep 2026
Last updated
- Price band
- ₹70 – ₹74
- Lot size
- 1,600 shares
- Min. investment
- ₹2,36,800
- Issue size
- ₹17.11 Cr
- Last GMP
- 0
- Subscribed
- 🔥 58.00x
Century Business Media IPO details
Century Business Media IPO is a ₹17.11 Cr book-building IPO on the SME segment, listing on BSE. It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
The issue was open from Fri, 11 Sep 2026 to Wed, 16 Sep 2026. Allotment was finalised on Thu, 17 Sep 2026, and the shares listed on BSE on Mon, 21 Sep 2026.
The price band is ₹70 to ₹74 per share and the lot size is 1600 shares, so the minimum retail application is ₹2,36,800. Retail investors can apply for up to 2 lots (3,200 shares, ₹2,36,800).
KFin Technologies Limited is the registrar, and Hem Securities Ltd. is the book running lead manager.
Grey market premium (GMP)
Day-wise GMP →The last Century Business Media IPO GMP before listing was 0 (0.00% against the upper price band of ₹74), implying an estimated listing price of ₹74. Across 10 days of tracking, GMP ranged from 0 (12 Sep) to 0 (12 Sep).
| Last GMP | 0 |
|---|---|
| GMP vs upper band | 0.00% |
| Estimated listing price | ₹74 |
| Highest (12 Sep) | 0 |
| Lowest (12 Sep) | 0 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Century Business Media IPO day-wise GMP.
Subscription
Day-wise subscription →Century Business Media IPO was subscribed 58.00x overall: QIB 47.53x, NII 114.24x and retail 39.81x.
| Category | Subscribed |
|---|---|
| QIB | 47.53x |
| NII | 114.24x |
| └ bNII (above ₹10 lakh) | 142.78x |
| └ sNII (₹2–10 lakh) | 57.16x |
| Retail | 39.81x |
| Total | 58.00x |
Final figures at the close of bidding on 16 Sep 2026. Category-wise bids, application-wise breakup and allotment chances are on the Century Business Media IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Anchor Investors | 6,54,400 | 29.81% |
| Qualified Institutions | 4,38,400 | 19.97% |
| Non-Institutional | 3,31,200 | 15.09% |
| └ BNII | 2,20,800 | 10.06% |
| └ SNII | 1,10,400 | 5.03% |
| Retail Investors | 7,71,200 | 35.13% |
| Total | 21,95,200 | 100.00% |
Shares offered include the anchor investor portion, which is allotted a day before the issue opens. Subscription figures exclude anchors, so category sizes on the subscription page are smaller.
Century Business Media IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,36,800 |
| Retail (Max) | 2 | 3,200 | ₹2,36,800 |
| S-HNI (Min) | 3 | 4,800 | ₹3,55,200 |
| S-HNI (Max) | 8 | 12,800 | ₹9,47,200 |
| B-HNI (Min) | 9 | 14,400 | ₹10,65,600 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
At the upper price band of ₹74, the issue is priced at 8.59x pre-issue earnings and 11.67x post-issue earnings per share.
The post-issue P/E is higher because the fresh issue adds new shares, which spreads the same profit over more shares.
Listed peers with positive earnings trade at a median P/E of 20.55x (3 companies).
Promoter holding falls from 100.00% before the issue to 73.61% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹8.61 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 8.59x |
| EPS (post-issue) EPS on the enlarged share capital | ₹6.34 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 11.67x |
| Promoter holding (pre-issue) | 100.00% |
| Promoter holding (post-issue) | 73.61% |
Century Business Media Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹36.91 Cr to ₹46.76 Cr, and profit after tax rose from ₹4.7 Cr to ₹5.56 Cr. The PAT margin for 31 Mar 2026 was 11.89%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 31.28 | 22.37 | 21.24 |
| Total Income | 46.76 | 36.91 | 32.27 |
| Profit After Tax | 5.56 | 4.70 | 3.68 |
| EBITDA | 8.58 | 7.18 | 5.58 |
| Net Worth | 18.02 | 12.47 | 7.76 |
| Reserve & Surplus | 11.57 | 6.02 | 6.95 |
| Total Borrowings | 7.96 | 5.50 | 8.10 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 36.44 | 46.52 | 62.15 |
| ROCE % | 30.06 | 36.65 | 32.57 |
| Debt / Equity | 0.44 | 0.44 | 1.04 |
| RoNW % | 30.83 | 37.74 | 47.38 |
| Pat Margin % | 11.96 | 12.84 | 11.48 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Century Business Media Ltd | 10 | — | 8.61 | 8.61 | 30.83% | 27.94 |
| Bright Outdoor Media Ltd | 10 | 29.48 | 12.26 | 12.26 | 12.96% | 85.03 |
| Signpost India Ltd | 2 | 20.55 | 13.14 | 13.14 | 24.13% | 54.44 |
| Simca Advertising Ltd | 10 | 12.75 | 18.88 | 18.88 | 57.24% | 24.24 |
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 1 | Funding Capital Expenditure towards Purchase of Media Assets |
| 2 | Payment of Security Deposit for advertising rights at Patna, Deoghar and Darbhanga Airport |
| 3 | Repayment of certain borrowing availed by the Company |
| 4 | To meet Working Capital requirements |
| 5 | General Corporate Purpose |
About Century Business Media Limited
Incorporated in 1999, Century Business Media Limited is engaged in the business of advertising services, with a primary focus on Out-of-Home (OOH) advertising. The Company offers a combination of digital and non-digital advertising solutions and operates across multiple OOH formats, with a particular focus on Airport OOH (AOOH), Railway OOH (ROOH) and Metro OOH.
Through its portfolio of media rights and outdoor advertising assets, the Company enables advertisers to reach large and diverse audiences across high-footfall public infrastructure locations such as airports, railway stations and metro stations.
Airport Out-of-Home Advertising
The Company's Airport OOH business involves providing advertising opportunities within and outside airport terminal buildings, including digital and static advertising formats.
Century Business Media has developed a significant presence across Bihar, Jharkhand, West Bengal and the North Eastern states, while also undertaking OOH advertising activities across India through a combination of exclusive and non-exclusive media rights.
The Company currently holds:
Exclusive advertising rights at Patna, Ranchi, Deoghar, Darbhanga and Jorhat airports.
Non-exclusive advertising rights at Dimapur and Itanagar airports.
Marketing rights at Gaya, Agartala and Silchar airports.
These rights enable the Company to offer advertisers a range of advertising formats across airport premises and associated locations, helping brands leverage the visibility and footfall associated with air travel infrastructure.
Railway Out-of-Home Advertising
The Company is also active in the Railway OOH (ROOH) segment, where it provides advertising opportunities through static and digital media formats across railway stations and railway land.
Century Business Media holds exclusive advertising rights outside station campuses under the East Central Railway zone. These rights cover the Danapur, Dhanbad, Mughalsarai, Samastipur and Sonepur divisions, collectively encompassing 714 railway stations.
The Company's railway advertising portfolio provides access to a large and geographically distributed audience, enabling advertisers to communicate with passengers and the wider public through strategically positioned outdoor media assets.
Metro Out-of-Home Advertising
In addition to airport and railway advertising, the Company has a presence in the Metro OOH segment.
Currently, Century Business Media holds advertising rights on Platform Screen Doors (PSDs) at Howrah and Esplanade metro stations. These advertising assets provide brands with visibility in high-traffic urban transportation environments.
Geographical Presence & Media Rights
The Company's operations are concentrated in Eastern and North-Eastern India, particularly across Bihar, Jharkhand, West Bengal and the North Eastern states. At the same time, its portfolio of exclusive, non-exclusive and marketing rights enables it to provide OOH advertising solutions across a wider Indian market.
The Company's business model is substantially based on obtaining and monetising media and advertising rights at strategic public infrastructure locations. It then sells available advertising inventory to corporate, institutional and government clients.
Infrastructure
The Company operates a store-cum-workshop facility at Sinha Library Road, Kotwali, G.P.O., Patna, Bihar.
The facility is primarily used for:
Storage of advertising materials and equipment
Inventory management
Preparation and maintenance of campaign-related materials
Supporting the execution of ongoing advertising campaigns
This infrastructure supports the Company's outdoor advertising operations and enables it to manage materials and equipment required for various campaigns.
Diverse Client Base
Century Business Media serves a diversified clientele comprising corporate and non-corporate entities, government departments and non-government organizations, including public sector undertakings (PSUs).
Its clients operate across a broad range of industries, including:
Banking and Financial Services
Insurance
Education
Healthcare
Hosiery
Jewellery
FMCG
Oil & Gas
Power & Energy
Steel
Mining
Infrastructure and related services
The Company's diversified client base reduces dependence on any single industry and allows it to cater to advertising requirements across multiple sectors.
Government & Institutional Clients
In addition to private-sector advertisers, the Company provides OOH advertising services to government departments and agencies at both the state and central levels.
Its government-related clientele includes departments and agencies associated with areas such as tourism and communications, enabling the Company to participate in public information, awareness and promotional campaigns.
Human Resources
As of June 30, 2025, Century Business Media Limited had an employee base of 59 employees, including its key managerial personnel.
The Company's workforce supports its various business functions, including media operations, campaign execution, sales and marketing, client servicing, administration and management, thereby facilitating the Company's day-to-day operations and future growth initiatives.
Promoters
- Shashi Kumar Chaudhary
- Seema Chaudhary
Contact details
Century Business Media Ltd.
107
Emarat Firdaus
Exhibition Road
Patna, Bihar, 800001
Phone: 0612- 232067276
Email: info@centurymedia.in
Website: http://www.centurymedia.in/
Century Business Media IPO FAQs
- What is the Century Business Media IPO price band?
- The Century Business Media IPO price band is ₹70 to ₹74 per share.
- What is the Century Business Media IPO lot size and minimum investment?
- The Century Business Media IPO lot size is 1600 shares. The minimum retail investment is ₹2,36,800 for one lot at the upper price band. Retail investors can apply for up to 2 lots (3,200 shares), costing ₹2,36,800.
- When was Century Business Media IPO open for subscription?
- Century Business Media IPO was open for subscription from Fri, 11 Sep 2026 to Wed, 16 Sep 2026.
- What is the Century Business Media IPO subscription status?
- Century Business Media IPO was subscribed 58.00x overall: QIB 47.53x, NII 114.24x and retail 39.81x. Day-wise and category-wise figures are on the subscription page.
- What was the Century Business Media IPO GMP before listing?
- The last Century Business Media IPO GMP before listing was 0 (0.00% against the upper price band of ₹74), implying an estimated listing price of ₹74. Across 10 days of tracking, GMP ranged from 0 (12 Sep) to 0 (12 Sep). GMP is an unofficial grey market indicator and can change quickly.
- What is the Century Business Media IPO allotment date?
- The Century Business Media IPO basis of allotment was finalised on Thu, 17 Sep 2026. You can check your allotment status on the KFin Technologies Limited website.
- What is the Century Business Media IPO listing date?
- Century Business Media IPO listed on BSE on Mon, 21 Sep 2026.
- Is the Century Business Media IPO a fresh issue or an offer for sale?
- It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
- Who are the registrar and lead managers of the Century Business Media IPO?
- The registrar for the Century Business Media IPO is KFin Technologies Limited, and the book running lead manager is Hem Securities Ltd..
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.