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CENTURY BUSINESS MEDIA LIMITED IPO

Closed
BSE SME Book Building

11–16 Sep 2026

Price band ₹70–₹74
GMP
Subscribed 58.00×
Min to apply (retail) ₹2,36,800 1600 shares, one lot at the cap
↓ Download IPO analysis PDF

Latest update:

Subscribed 58.00× (QIB 47.5× · NII 114.2× · Retail 39.8×) · Price band ₹70–₹74 · Closed 16 Sep 2026 · Allotment 17 Sep 2026 (Confirmed) · Lists 21 Sep 2026 (Expected)

Subscriptionvia aggregator
QIB 47.53×
NII (total) 114.24×
Retail 39.81×
Offer document (DRHP) ↗not cross-checked

What CENTURY BUSINESS MEDIA LIMITED does

Established in 1999, Century Business Media Limited provides advertising services with a primary focus on Out-of-Home (OOH) media formats, including both digital and non-digital solutions. The company operates primarily in the Airport Out-of-Home (AOOH) and Railway Out-of-Home (ROOH) segments, offering advertising spaces within and outside airport terminal buildings and through digital and static hoardings across railway stations and railway land.

EBITDA margin
18.5%
Debt / Equity
0.44x
[+] High promoter holding: Promoters retain 69.9% after the issue — aligned with public shareholders.
[+] Profit backed by cash: Operating cash flow is 109% of profit after tax — earnings are cash-backed.
[+] Strong revenue growth: Revenue compounded 20% a year over 2 years. Revenue compounding above 20% a year.

CENTURY BUSINESS MEDIA LIMITED financials

Rs crore  ·  Annual

Latest year highlighted in green. Sparklines show the trend.

FY 2023-24FY 2024-25FY 2025-26
Sales 323746
Operating Profit 679
OPM % 17.4%19.6%18.5%
Net Profit 456
Total Debt 858

CENTURY BUSINESS MEDIA LIMITED IPO offer structure

Fresh issue: ₹17 cr

The offer-for-sale component is not stated in what we extracted from the offer document, so the full issue size and the split between the two are unknown. This figure is the fresh issue alone, not the total raise. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.

Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.

Use of proceeds

CENTURY BUSINESS MEDIA LIMITED promoters and holding

Before IPO 94.9%
After IPO 69.9%

CENTURY BUSINESS MEDIA LIMITED strengths and risks

Company-stated strengths and disclosed risk factors from the offer document.

Strengths
  • Diversified revenue from clients at multiple locations and geographies in India (p.109)
  • Access to Strategic Advertising Rights Across Multiple Media Assets (p.110)
  • Experience of our Promoters and senior management team (p.110)
  • Focus on Customer Satisfaction and Execution Capabilities (p.110)
  • Strong Client Retention and Repeat Business (p.111)
Risks
  • Changes in government regulations, municipal policies, or restrictions related to outdoor advertising could affect the availability or use of media assets. (p.22)
  • A decline in general economic activity could lead to reduced advertising budgets from clients, impacting demand for outdoor advertising services. (p.22)
  • Our business is significantly dependent on concession, licensing, and marketing agreements granted by government and quasi-government authorities. (p.25)
  • Our operations are geographically concentrated in a few Indian states, exposing us to region-specific economic, political, and regulatory risks. (p.26)
  • We are dependent on a limited number of high-revenue advertising rights and concession contracts at select airports and railway zones. (p.28)

CENTURY BUSINESS MEDIA LIMITED peer comparison: DRHP median P/E 20.6x

Live BSE prices
Company CMP P/E OPM% ROE% Source
Bright Outdoor Media Limited Rs 363.35 +0.9% 29.5x live
Signpost India Limited Rs 280.3 -1.0% 19.2x 23.1% 34.0% live
Simca Advertising Limited 12.8x DRHP

P/E from offer document where live data unavailable. Not a fair-value judgement.

CENTURY BUSINESS MEDIA LIMITED market and competition

The Out-of-Home (OOH) advertising industry is fragmented and highly competitive, with our media properties competing for advertiser budgets against other OOH operators. We face competition from both national and regional players, including companies such as Laqshya Media Group, Jagran Engage, Signpost, Bright Outdoor Media, Simca Advertising Limited and Global Advertisers.

CENTURY BUSINESS MEDIA LIMITED outlook, as the document states it

Our Company is currently engaged in airport advertising, railway advertising, metro advertising, and city-based Out-of-Home (“OOH”) media. As part of our strategic initiatives, we intend to strengthen our presence in these segments by increasing advertising inventory and introducing new media formats, subject to business conditions and necessary approvals.

CENTURY BUSINESS MEDIA LIMITED IPO: common questions

When does the CENTURY BUSINESS MEDIA LIMITED IPO open and close?

The CENTURY BUSINESS MEDIA LIMITED IPO is open from 11 Sep 2026 to 16 Sep 2026.

What is the CENTURY BUSINESS MEDIA LIMITED IPO price band?

The price band is ₹70–₹74 per share.

What is the lot size and minimum investment for the CENTURY BUSINESS MEDIA LIMITED IPO?

One lot is 1600 shares, and a retail application must be at least one lot. That is about ₹2,36,800 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.

How much is the CENTURY BUSINESS MEDIA LIMITED IPO subscribed?

As of 17 Sep 2026 the total subscription is 58.00×.

When are the CENTURY BUSINESS MEDIA LIMITED IPO allotment and listing dates?

Allotment is on 17 Sep 2026, as published. The listing date follows once the exchange confirms it.

How do I check the CENTURY BUSINESS MEDIA LIMITED IPO allotment status?

On the allotment status page published by KFin Technologies, this issue's registrar, and on the exchange's basis of allotment. Those are the primary sources. If the issue was oversubscribed, retail allotment was decided by lottery, so a valid application does not mean shares. We do not hold allotment data and cannot look yours up. How allotment is actually decided →

Sources & method

Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.

Grey-market premium (GMP) is unregulated.

Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →

How often do these actually open above the issue price?

Of the 704 SME IPOs that have listed on the NSE since 2016, 558 (79%) opened above their issue price, at a median of +11%. That is the segment's own record, not a forecast for this issue.

See whether GMP has actually been right, issue by issue →

CENTURY BUSINESS MEDIA LIMITED IPO allotment status

Allotment is on 17 Sep 2026, as published. Allotment is decided and published by the registrar, not by us. This issue's registrar is KFin Technologies.

Check your allotment on the registrar's own page ↗

We do not hold allotment data and cannot look yours up. If the issue was oversubscribed, retail allotment was decided by lottery, so a valid application does not mean shares. How allotment is actually decided →