Century Business Media Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
Century Business Media Limited's successfully completed its Initial Public Offering and commenced trading on Sep 21, 2026 at the BSE exchange. The company raised 23,12,000 Shares through this public offering, comprising 23,12,000 Shares in fresh capital.
The IPO was priced within the band of ₹70 to ₹74, with minimum application lots of 1600 shares. The offering attracted significant investor interest during its subscription period from Sep 11, 2026 to Sep 16, 2026.
Share allotment was finalized on Sep 17, 2026, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Century Business Media Limited, originally incorporated in 1999 as Century Business Private Limited, is part of the Century Group and operates in the Indian Outdoor Advertising (OOH) industry. The Company was renamed Century Business Media Private Limited in February 2024 and was later converted into a public limited company in September 2024. With a media network reaching more than 60 crore people across various states, the Company holds exclusive advertising rights across locations such as airports, railway stations and city hoardings. It provides nationwide outdoor advertising solutions that help brands reach consumers across different locations and media formats. With expertise in digital, data and new-age technologies, Century Business Media focuses on delivering targeted and outcome-driven advertising campaigns. The Company has a presence in Patna and Kolkata and operates across key OOH formats including airports, railway properties and bus shelters.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Diversified Client Base Across India: The company serves clients across multiple states, including Bihar, Delhi, Jharkhand, West Bengal, Maharashtra, Uttar Pradesh and Karnataka, with projects undertaken across India.
- Strategic Advertising Rights Across Media Assets: The company holds advertising and marketing rights across airports, railway stations and metro stations, giving it access to a wide range of outdoor advertising opportunities.
- Experienced Promoters & Management Team: Promoter and MD Shashi Kumar Chaudhary has around 25 years of service-sector experience, including 15 years in outdoor advertising. Whole-time Director Seema Chaudhary also has around 25 years of experience, including 13 years in outdoor advertising, supporting business strategy and operations.
- Dependence on Government Concession & Licensing Agreements: The company relies on concession, licensing and marketing agreements with authorities such as AAI, Indian Railways and Metro Rail authorities. Failure to renew or retain these rights could reduce revenue and affect its market position.
- Risk of Security Deposit Forfeiture: The company has to provide significant security deposits under various concession agreements. If these deposits are forfeited or invoked, it could put pressure on the company’s liquidity.
- Minimum Monthly Guarantee (MMG) Obligations: Some airport and railway agreements require the company to pay fixed MMG amounts regardless of actual advertising revenue. Lower revenue due to seasonal demand, reduced passenger traffic or unexpected disruptions could make these payments difficult and affect financial performance.
- Shashi Kumar Chaudhary
- Seema Chaudhary
Century Business Media Limited
Kfin Technologies Limited