Century Business Media IPO

The Century Business Media SME IPO runs from 11 Sept 2026 to 16 Sept 2026, offered at a price band of ₹70–74 per share, and is set to list on BSE. The company is looking to raise ₹17.11 crore through the offer. Retail investors bid in lots of 1600 shares, a minimum application of ₹2,36,800.

Issue structure

The IPO is structured entirely as a fresh issue of ₹16.24 crore, so the full proceeds flow to the company to fund its stated objects of the issue.

Objects of the issue

Per the offer document, the company intends to deploy the net proceeds primarily toward funding capital expenditure towards purchase of media assets (₹4.21 crore), alongside payment of security deposit for advertising rights at patna airpor (₹3.77 crore). In all, 6 objects are disclosed — the full break-up is in the table above.

Financials

In FY2026, Century Business Media reported revenue of ₹46.76 crore and a net profit of ₹5.56 crore. Revenue grew from ₹32.27 crore in FY2024 to ₹46.76 crore in FY2026 (+45.0%). Net worth stood at ₹18.02 crore at the end of FY2026. At the upper band, that puts the issue at roughly 8.6× FY2026 earnings (P/E), a figure worth comparing against listed peers in the sector.

Valuation

At the upper band, the issue is priced at 11.67× post-issue earnings and 2.65× book value, against a return on net worth of 30.83% and a debt-to-equity ratio of 0.44. These ratios come from the offer document and are for comparison, not a recommendation.

Peer comparison

The offer document names listed peers including Bright Outdoor Media Ltd and Signpost India Ltd, with a median peer P/E of about 20.6×. The issue's own post-issue P/E works out to 11.67×.

Promoters

The promoters of the company are <p>Shashi Kumar Chaudhary, Seema Chaudhary, Sangita Dokania, Shreya Chaudhary</p>. Promoter holding stands at 100% before the issue and comes down to 73.61% after listing.

Grey market premium (GMP)

In the unofficial grey market, Century Business Media shares are quoted at a premium of ₹0 implying an expected listing around ₹74, about +0.0% over the upper band. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.

Subscription

The Century Business Media IPO was subscribed 57.93 times overall. The strongest demand came from non-institutional investors (NII) at 113.88 times, with qualified institutional buyers (QIB) at 47.53× and retail investors at 39.81×.

Listing performance

Century Business Media listed on 21 Sept 2026 at ₹74, a premium of +0.0% over the issue price of ₹74.

What to weigh

When evaluating the Century Business Media IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend, subscription demand across investor categories and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.

About Century Business Media

Incorporated in 1999, Century Business Media Limited is engaged in the business of providing advertising services with a primary focus on Out-of-Home (OOH) media formats, covering both digital and non-digital solutions. The Company operates mainly in the Airport OOH (AOOH) and Railway OOH (ROOH) segments, offering advertising spaces both within and outside airport terminal buildings as well as through digital and static hoardings across railway stations and railway land. The Company has established its operational presence across Bihar, Jharkhand, West Bengal, and the North Eastern states, managing outdoor media assets and executing advertising campaigns in these regions, while also providing OOH advertising services across India through a mix of exclusive and non-exclusive media rights. Century Business Media holds exclusive advertising rights at Patna, Ranchi, Deoghar, Darbhanga, and Jorhat airports, non-exclusive rights at Dimapur and Itanagar airports, and marketing rights at Gaya, Agartala, and Silchar airports. In the Railway OOH segment, it holds exclusive advertising rights outside station campuses under the East Central Railway zone, which covers the divisions of Danapur, Dhanbad, Mughalsarai, Samastipur, and Sonepur, together encompassing 714 railway stations. In the Metro OOH segment, the Company currently holds advertising rights on PSDs at Howrah and Esplanade metro stations. The Company operates a store-cum-workshop facility at Sinha Library Road, Kotwali, G.P.O, Patna, Bihar, which is used for storing advertising materials and equipment and for managing inventory for ongoing campaigns. Its client base spans corporate, non-corporate, government, and non-government organizations, including public sector undertakings, across industries such as banking and financial services, insurance, education, healthcare, hosiery, jewellery, FMCG, oil and gas, power and energy, steel, mining, and infrastructure services. It also provides services to government departments, including tourism and communication agencies at both state and central levels. As of June 30, 2025, the Company had an employee base of 59 employees, including key managerial personnel, supporting its operations and growth.