Century Business Media IPO GMP, Date, Price Band & Review

Century Business Media IPO Details

The Century Business Media IPO is a book-built SME issue of ₹17.11 crore, consisting entirely of a fresh issue of 23.12 lakh equity shares of face value ₹10 each. There is no offer-for-sale component. The equity shares are proposed to be listed on the BSE SME platform. The price band has been fixed at ₹70–₹74 per share. The lot size is 1,600 shares, while retail investors must apply for a minimum of 3,200 shares, or two lots, requiring an investment of ₹2,36,800 at the upper price band.

The IPO will open for subscription on Friday, September 11, 2026 and close on Wednesday, September 16, 2026. Hem Securities Limited is the book-running lead manager and KFin Technologies Limited is the registrar to the issue.

Century Business Media IPO Date & Timeline

Century Business Media Limited filed its draft offer document on September 5, 2025 and received in-principle approval on November 27, 2025. The company has now announced the public-issue terms for its proposed BSE SME listing. The anchor-investor bidding date is Thursday, September 10, 2026. The public issue will open on Friday, September 11, 2026 and close on Wednesday, September 16, 2026.

The basis of allotment is expected to be finalised on Thursday, September 17, 2026. Refunds are expected to be initiated and allotted shares credited to eligible investors’ demat accounts on Friday, September 18, 2026. The equity shares are tentatively scheduled to list on the BSE SME platform on Monday, September 21, 2026.

Century Business Media IPO GMP

A “grey market premium”, or GMP, refers to the unofficial premium at which IPO shares may trade in the unregulated grey market before listing on a stock exchange.

The Century Business Media IPO GMP is currently trading at ₹0, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹74, which is 0.00% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.

Company Background

Century Business Media Limited was incorporated in 1999 and is headquartered in Patna, Bihar. The company is engaged in providing advertising solutions, primarily through out-of-home (OOH) media formats, including both digital and non-digital advertising options.

The company operates principally in two segments: Airport Out-of-Home Advertising (AOOH) and Railway Out-of-Home Advertising (ROOH). In airport advertising, it provides advertising space inside and outside terminal buildings. In railway advertising, it operates digital and static display formats in and around railway stations.

The company has an operational presence across Bihar, Jharkhand, West Bengal and the North Eastern states, while also providing OOH advertising solutions across India through exclusive and non-exclusive advertising rights. Its airport portfolio includes exclusive advertising rights at Patna, Ranchi, Deoghar, Darbhanga and Jorhat airports; non-exclusive rights at Dimapur and Itanagar airports; and marketing rights at Gaya, Agartala and Silchar airports. In the Metro OOH segment, it holds advertising rights on platform screen doors at Howrah and Esplanade Metro stations.

Operations & Product Range

Century Business Media Limited provides advertising inventory and related promotional solutions across high-footfall transportation locations. Its principal service offerings include:

• Airport advertising: Digital and static advertising formats within and around airport terminals, including display panels, signage and other media assets.
• Railway advertising: Digital displays, static hoardings, station-branding opportunities and outdoor media around railway infrastructure.
• Out-of-home advertising: Advertising solutions designed to reach commuters and other audiences in public spaces.
• Digital out-of-home formats: Technology-enabled display advertising formats that can support changing campaigns and time-based content.
• Advertising campaign execution: Design coordination, installation, campaign management and related client servicing.

In the Railway OOH segment, the company has exclusive advertising rights for the entire OOH space outside station campuses under the East Central Railway zone. This includes the Danapur, Dhanbad, Mughalsarai, Samastipur and Sonepur divisions, covering a total of 714 railway stations.

As of June 30, 2025, Century Business Media had 59 employees, including key managerial personnel, supporting its advertising-rights, campaign-execution and client-servicing operations.

Facilities & Capacity

Century Business Media’s operating infrastructure is based less on traditional manufacturing facilities and more on advertising rights, display locations, installation capabilities and access to high-footfall transport environments. The company’s business depends on obtaining, retaining and efficiently monetising media rights at airport and railway locations. The company operates a store-cum-workshop facility at Sinha Library Road, Kotwali, G.P.O., Patna, Bihar, which is used for storing advertising materials and equipment and managing campaign inventory.

Its exclusive Railway OOH rights across 714 stations in the East Central Railway zone provide a sizeable advertising-inventory footprint. The company must maintain display assets, execute advertiser campaigns, service media locations and manage relationships with government agencies, transport authorities and commercial advertisers.

Brands & Market Presence

Century Business Media operates in the Indian OOH advertising market, focusing on transportation-linked media opportunities. Its airport and railway formats allow advertisers to target commuters, travellers and other audiences in high-traffic public locations.

The company has a particularly important railway-market presence because of its advertising rights across the East Central Railway zone, covering 714 stations across five divisions. These rights can provide access to a large geographical footprint, although monetisation will depend on advertiser demand, contract terms and the company’s ability to maintain and sell its media inventory.

Revenue Streams & Business Model

Century Business Media Limited generates revenue principally from the sale of advertising inventory and campaign-related services. Its key revenue streams include:

• Sale or leasing of digital and static advertising space at airport locations.
• Sale or leasing of advertising space around railway stations and station campuses.
• Display, branding and outdoor-media campaigns for advertisers.
• Digital out-of-home advertising and campaign-management services.

The business model relies on securing advertising rights from airport and railway authorities, installing or managing relevant media assets and selling available advertising inventory to brands and agencies. Revenue is affected by advertising-market conditions, occupancy of media inventory, contract-renewal terms, competition for OOH advertising rights and the level of commuter traffic at the relevant locations.

Financial Performance

Century Business Media Limited has reported improving financial performance over the last three completed financial years. Revenue increased from ₹32.27 crore in FY2024 to ₹36.91 crore in FY2025 and ₹46.75 crore in FY2026, while profit after tax (PAT) rose from ₹3.68 crore to ₹4.70 crore and ₹5.55 crore, respectively.

The company’s total assets increased from ₹21.24 crore in FY2024 to ₹22.37 crore in FY2025 and ₹31.27 crore in FY2026. Net worth increased from ₹7.76 crore to ₹12.47 crore and further to ₹18.02 crore over the same period.

Management & Shareholding

Century Business Media Limited is promoted by Shashi Kumar Chaudhary and Seema Chaudhary. The IPO is entirely a fresh issue; therefore, no existing shareholder will sell shares through an offer for sale. Before the IPO, the promoters and promoter group hold 100% of the pre-issue equity share capital. Following the fresh issue of 23.12 lakh equity shares, their holding is expected to be diluted to around 73.61% of the post-issue equity share capital.

Board & Key Management

The Board of Directors of Century Business Media Limited oversees the company’s corporate governance, strategic direction, business development, financial controls and risk management. The management team’s operational focus includes acquiring and monetising advertising rights, selling media inventory, maintaining advertising assets and managing relationships with advertisers and transport-related authorities.