SME

IPO ·

BSE SME

Century Business Media Ltd

Listed

Out-of-home advertising operator at airports, railway and metro stations in eastern and north-eastern India.

Issue details

Price band

₹70 – ₹74

Face value

₹10

Lot size

1,600 shares

Minimum investment

₹2,36,800

Issue size

₹17.11 Cr

Fresh issue

₹17.11 Cr

Offer for sale

—

Issue type

Book Built

Exchange

BSE SME

Key dates

Opens

11 Sep 2026

Closes

16 Sep 2026

UPI mandate cut-off

5:00 PM on 16 Sep 2026

Allotment

17 Sep 2026

Refunds

18 Sep 2026

Shares in demat

18 Sep 2026

Listing

21 Sep 2026

Subscription and listing

Subscription

41.01x

Listing price

₹74

Registrar

KFin Technologies Ltd

Lead manager

Hem Securities Ltd

Subscription by category

Total

41.01x

Total applications

12,985

Anchor investors

Amount raised

₹4.84 Cr

Bid date

10 Sep 2026

50% lock-in ends

17 Oct 2026

Rest lock-in ends

16 Dec 2026

Listing day

Issue price

₹74

Open

₹74.00

High

₹77.00

Low

₹72.21

Day close

₹73.92

Listing gain at open

0.00%

Issue structure

Shares reserved per category and share of the total issue

QIB

10,92,800

47.27%

Anchor Investor

6,54,400

28.30%

QIB (Ex. Anchor)

4,38,400

18.96%

NII

3,31,200

14.33%

bNII > ₹10L

2,20,800

9.55%

sNII < ₹10L

1,10,400

4.78%

Retail

7,71,200

33.36%

Market Maker

1,16,800

5.05%

Total

23,12,000

100.00%

Finaccle’s quick read

Apply

Income up 27% and PAT up 18% in FY26, with ROE of 36.44%, D/E of 0.44 and a 12% PAT margin. Post-issue P/E is 11.67 and the issue is entirely fresh.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

Century Business Media is a Patna-based out-of-home advertising company that sells ad space at airports, railway stations and metros, as well as on city hoardings, billboards and in-store branding. It has expanded from Bihar into West Bengal and the North East, and its customers are brands buying outdoor media. It had 58 employees and FY26 income of about ₹47 Cr.

Founded

1999

1999

Promoters

Shashi Kumar Chaudhary, Seema Chaudhary, Sangita Dokania, Shreya Chaudhary

Shashi Kumar Chaudhary, Seema Chaudhary, Sangita Dokania, Shreya Chaudhary

Products and segments

Airport, railway and metro advertising (including platform screen doors), hoardings, billboards, unipoles, in-shop branding

Airport, railway and metro advertising (including platform screen doors), hoardings, billboards, unipoles, in-shop branding

Promoter holding

100% pre-issue; 73.61% post-issue

100% pre-issue; 73.61% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

FY26

FY26

46.76

46.76

8.58

5.56

5.56

18.02

7.96

7.96

31.28

FY25

FY25

36.91

36.91

7.18

4.70

4.70

12.47

5.50

5.50

22.37

FY24

FY24

32.27

32.27

5.58

3.68

3.68

7.76

8.10

8.10

21.24

ROE

36.44%

ROCE

30.06%

Debt / equity

0.44

PAT margin

11.96%

P/E post issue

11.67

Market cap

₹64.76 Cr

Use of IPO money

Capex for purchase of media assets

₹4.21 Cr

Security deposit for Patna Airport advertising rights

₹3.77 Cr

Repayment of certain borrowings

₹1.45 Cr

Working capital

₹3.25 Cr

General corporate purposes

₹2.56 Cr

Issue expenses

₹1.87 Cr

Strengths

✓

Holds ad rights across airports, railways and metros

✓

PAT has grown steadily over three years

✓

ROCE of about 30% with debt/equity of 0.44

✓

Entirely fresh issue at a P/E of 11.67

Risks to watch

!

Small business with ₹46.76 Cr income

!

Depends on winning and renewing concession rights

!

Concentrated in eastern India

!

Ad spending falls in economic slowdowns

!

Large ₹2.37 lakh minimum retail application

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.