Century Business Media Limited IPO
Century Business Media Limited IPO closed on 16 Sept 2026. Allotment 17 Sept 2026, listing 21 Sept 2026. Price band ₹70–₹74, lot 1600 shares, GMP +₹0 (0%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · BSE |
| Price band | ₹70–₹74 |
| Lot size | 1600 shares |
| Minimum investment | ₹2,36,800 |
| Issue size | ₹17.11 Cr |
| GMP | +₹0 (0%) |
| Open date | 11 Sept 2026 |
| Close date | 16 Sept 2026 |
| Allotment date | 17 Sept 2026 |
| Listing date | 21 Sept 2026 |
| Registrar | KFin Techologies Ltd |
About Century Business Media Limited
Century Business Media Limited engages in out-of-home advertising services across India, specializing in locations such as airports, railway stations, metro stations, and city sites. The company generates revenue by providing advertising spaces and managing outdoor campaigns utilizing various static and digital media formats, including hoardings, unipoles, billboards, lollypops, and LED screens. Its offerings cater to clients across various sectors, including banking, education, healthcare, FMCG, steel, mining, and infrastructure. Century Business Media Limited secures advertising inventory through concession, licensing, and marketing agreements with government authorities such as the Airports Authority of India and Indian Railways, alongside municipal bodies and private lessors.
Strengths
- Access to strategic advertising rights across multiple high-traffic media assets.
- Diversified revenue stream from clients across multiple geographic regions in India.
- Strong client retention driven by focus on execution and customer satisfaction.
- Experienced promoter group and senior management team guiding business growth.
- A wide range of static and digital outdoor media display formats is offered.
Risks
- Business depends heavily on concession agreements with government authorities.
- Revenue is geographically concentrated in Bihar and Jharkhand.
- Forfeiture of security deposits could severely impact company liquidity.
- Fixed Minimum Monthly Guarantee obligations exist regardless of revenue.
- Reliance on third-party vendors for site fabrication and maintenance services.