Century Business
21 Sep '26SME
Min. Investment
₹2,24,000
Issue size
₹17.11 Cr
GMP
Locked
Overall subscription: 0.12x
Expert verdict
IPO dates
11 Sep
Opening
16 Sep
Closing
17 Sep
Allotment
21 Sep
Listing
*Refunds will be initiated on 18 Sep '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3200 | ₹2,36,800 |
Subscription (as on 11 September 2026, 11:05 AM)
Overall0.12x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1999|MD: Mr Shashi Kumar Chaudhary
- Established in 1999, Century Business Media provides Out-of-Home (OOH) advertising services through digital and non-digital media formats. Its operations primarily cover Airport Out-of-Home (AOOH) and Railway Out-of-Home (ROOH) advertising, and it has recently expanded into Metro Out-of-Home (MOOH) advertising and in-shop branding.
- The company offers advertising spaces within and outside airport terminals, railway stations, and railway land, as well as traditional city media formats such as hoardings, billboards, unipoles, multipoles, pole kiosks, wall wraps, wall paintings, lollipops, and gantries.
- It holds exclusive advertising rights at Patna, Ranchi, Deoghar, Darbhanga, and Jorhat airports, along with non-exclusive or marketing rights at other airports. In the railway segment, it holds exclusive advertising rights outside station campuses across 714 railway stations under the East Central Railway zone. The company also holds Platform Screen Door advertising rights at Howrah and Esplanade metro stations.
- Its operations have a presence across Bihar, Jharkhand, West Bengal, and the North Eastern states, while it also undertakes advertising campaigns across India through exclusive and non-exclusive media rights.
- Use of proceeds:
- This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes:
- Funding capital expenditure towards purchase of media assets – Rs 4.21 crore
- Payment of security deposit for advertising rights at Patna airport – Rs 3.76 crore
- Repayment of certain borrowing availed by the company – Rs 1.45 crore
- To meet working capital requirements – Rs 3.25 crore
- General corporate purposes
Issue Details & Objective
Lot size
1600 Shares
Price band
₹70 to 74
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 28.30%
QIB - 18.96%
HNI - 14.33%
Retail - 33.36%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Century Business IPO is ₹17.11 Cr
The Century Business IPO will be open for applications from 11 Sep '26 to 16 Sep '26
The lot size of Century Business IPO is 1600 Shares and its minimum investment amount is ₹2,24,000.
