Century Business Media SME IPO Details
SME
Upcoming
Century Business Media Limited is an out-of-home advertising company focused on airport and railway media. It holds exclusive advertising rights at Patna, Ranchi, Deoghar, Darbhanga and Jorhat airports, and exclusive railway rights outside station campuses across 714 stations in the East Central Railway zone.
Open
11 Sep
2026
Close
16 Sep
2026
Allotment
17 Sep
2026
Listing
21 Sep
2026
IPO Review
Coming Soon
IPO GMP
₹ 0
(--)
IPO Subscription Subscription
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IPO Summary
IPO Dates
11 to 16 Sep, 2026
Price Band
₹70 to ₹74
Face Value
₹10
Lot Size
1600 Shares
Issue Size
₹17.11 Cr
Sale Type
Fresh capital only
Listing On
BSE SME
Min Investment
₹ 2,36,800
What is the Century Business Media IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 11 Sep, 2026 Fri | Friday |
| IPO Close Date | 16 Sep, 2026 Wed | Wednesday |
| Basis of Allotment | 17 Sep, 2026 Thu | Thursday |
| Refunds Initiated | 18 Sep, 2026 Fri | Friday |
| Credit to Demat | 18 Sep, 2026 Fri | Friday |
| Listing Date | 21 Sep, 2026 Mon | Monday |
What is the Century Business Media IPO Lot Size?
Bidding in multiples of 1600 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3200 | ₹2,36,800 |
| Retail (Max) | 2 | 3200 | ₹2,36,800 |
| HNI (Min) | 3 | 4800 | ₹3,55,200 |
About Century Business Media
Century Business Media Limited was started in 1999. It works in out-of-home advertising, usually called OOH, which means advertising displayed in public places rather than on television or online. It handles both digital screens and ordinary printed hoardings.
Its main areas are airport advertising and railway advertising. At airports it sells advertising space both inside and outside terminal buildings. On the railways it puts up digital and static hoardings at stations and on railway land.
The company works mainly in Bihar, Jharkhand, West Bengal and the North Eastern states, and also serves clients across India through a mix of exclusive and non-exclusive media rights. It 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. On the railway side it holds exclusive advertising rights outside station campuses in the East Central Railway zone, covering the Danapur, Dhanbad, Mughalsarai, Samastipur and Sonepur divisions, which together take in 714 railway stations. It also holds advertising rights on platform screen doors at Howrah and Esplanade metro stations, and runs a store and workshop at Sinha Library Road in Patna for storing its material and equipment.
Its main areas are airport advertising and railway advertising. At airports it sells advertising space both inside and outside terminal buildings. On the railways it puts up digital and static hoardings at stations and on railway land.
The company works mainly in Bihar, Jharkhand, West Bengal and the North Eastern states, and also serves clients across India through a mix of exclusive and non-exclusive media rights. It 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. On the railway side it holds exclusive advertising rights outside station campuses in the East Central Railway zone, covering the Danapur, Dhanbad, Mughalsarai, Samastipur and Sonepur divisions, which together take in 714 railway stations. It also holds advertising rights on platform screen doors at Howrah and Esplanade metro stations, and runs a store and workshop at Sinha Library Road in Patna for storing its material and equipment.
Century Business Media Key Performance Indicators (KPIs)
Roce
36.65%
Ronw
37.74%
Pat margin
12.84%
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Funding Capital Expenditure towards Purchase of Media Assets | ₹2.94 Cr. |
| Payment of Security Deposit for advertising rights at Patna, Deoghar and Darbhanga Airport | ₹3.10 Cr. |
| Repayment of certain borrowing availed by the Company | ₹1.50 Cr. |
| General Corporate Purpose | ₹3.00 Cr. |
Issue Object
Funding Capital Expenditure towards Purchase of Media Assets
Estimate Amount
₹2.94 Cr.
Issue Object
Payment of Security Deposit for advertising rights at Patna, Deoghar and Darbhanga Airport
Estimate Amount
₹3.10 Cr.
Issue Object
Repayment of certain borrowing availed by the Company
Estimate Amount
₹1.50 Cr.
Issue Object
General Corporate Purpose
Estimate Amount
₹3.00 Cr.
Strengths & Risks
Strengths
- ✓ Profit has grown more than four times in two years, from Rs 1.08 crore in FY2023 to Rs 3.68 crore in FY2024 and Rs 4.70 crore in FY2025.
- ✓ Sales have grown steadily, from Rs 22.74 crore in FY2023 to Rs 32.27 crore in FY2024 and Rs 36.91 crore in FY2025.
- ✓ EBITDA more than tripled over the same period, from Rs 2.07 crore to Rs 7.18 crore.
- ✓ Return ratios are strong, with RoCE of 36.65% and RoNW of 37.74%, and a PAT margin of 12.84%.
- ✓ Exclusive advertising rights at five airports and across 714 railway stations in the East Central Railway zone are hard for a competitor to take away while the contracts run.
- ✓ The railway reach is very large at 714 stations, which gives advertisers a spread that few regional players can offer.
- ✓ It has a long record of more than 25 years in this business, having started in 1999.
- ✓ Borrowing came down from Rs 8.10 crore in FY2024 to Rs 5.50 crore in FY2025 while net worth rose to Rs 12.47 crore.
Risks
- ⚠ The whole business rests on advertising rights that are granted for a period and then come up for renewal. Losing an airport or railway contract removes that revenue outright, and these rights are won through tenders against larger national OOH companies.
- ⚠ The P/E and EPS are not stated in the data available to us, so the issue cannot be compared with peers on earnings from here.
- ⚠ The financial data is old for an issue opening in September 2026. The latest year given is FY2025, ending 31 March 2025.
- ⚠ The business is concentrated in Bihar, Jharkhand, West Bengal and the North East, so it depends on advertising demand in one part of the country.
- ⚠ This is a small company, with a net worth of only Rs 12.47 crore as on 31 March 2025.
- ⚠ Advertising spending is discretionary. It is among the first budgets companies cut when business conditions weaken.
- ⚠ Winning and holding rights needs security deposits paid upfront. Rs 3.10 crore of the issue money goes into deposits for the Patna, Deoghar and Darbhanga airport rights alone.
- ⚠ Promoter holding will come down from 100% to 73.61% after the issue.
- ⚠ This is an SME issue. One lot is 1,600 shares, which is about Rs 1.18 lakh at the upper band of Rs 74, and SME shares usually trade in low volume after listing.
Company Financials
The Century Business Media company's financial performance (in ₹ Cr.) is summarized below:
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 22.37 | 21.24 | 14.97 |
| Total Income | 36.91 | 32.27 | 22.74 |
| Profit After Tax | 4.70 | 3.68 | 1.08 |
| EBITDA | 7.18 | 5.58 | 2.07 |
| NET Worth | 12.47 | 7.76 | 4.07 |
| Reserves and Surplus | 6.02 | 6.95 | 3.26 |
| Total Borrowing | 5.50 | 8.10 | 5.78 |
IPO Reservation
| Investor Category | Reservation |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
| NII | Not less than 15.00% of the Net Issue |
Promoters and Shareholding Details
Shashi Kumar Chaudhary and Seema Chaudhary
| Particular | % Share |
|---|---|
| Promoter Holding Pre Issue | 100% |
| Promoter Holding Post Issue | 73.61% |
Frequently Asked Questions
What is the GMP of Century Business Media?
The current Grey Market Premium (GMP) of Century Business Media is ₹ 0.
What is the Century Business Media IPO Price Band?
The price band for Century Business Media IPO is ₹70 to ₹74.
When is the Century Business Media IPO Allotment?
The allotment date for Century Business Media IPO is September 17, 2026.
How to check Century Business Media IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website (KFin Technologies Limited).
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