Century Business Media Limited
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Century Business Media Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of 23,12,000 Shares. The offering comprises a fresh issue component of 23,12,000 Shares.
The price band for the IPO has been set at ₹70 to ₹74, providing investors with a range to place their bids. The minimum investment lot consists of 1600 shares, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on Sep 11, 2026 and will conclude on Sep 16, 2026. Following the subscription period, the share allotment is scheduled for Sep 17, 2026, with the official listing expected to commence on Sep 21, 2026 on the BSE exchange.
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."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- 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
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