Century Business Media IPO
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Century Business Media IPO details
Schedule of Century Business Media
| Issue open date | 11 Sep 2026 |
| Issue close date | 16 Sep 2026 |
| UPI mandate deadline | 16 Sep 2026 (5 PM) |
| Allotment finalization | 17 Sep 2026 |
| Refund initiation | 18 Sep 2026 |
| Share credit | 18 Sep 2026 |
| Listing date | 21 Sep 2026 |
| Mandate end date | 01 Oct 2026 |
| Lock-in end date for anchor investors (50%) | 16 Oct 2026 |
| Lock-in end date for anchor investors (remaining) | 15 Dec 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Century Business Media
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.
Financials of Century Business Media
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 17.11 |
| Fresh Issue – Proceeds go to the company | 17.11 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding Capital Expenditure towards Purchase of Media Assets | 4.21 (24.61%) |
| Payment of Security Deposit for advertising rights at Patna Airport | 3.77 (22.03%) |
| Repayment and/or prepayment of certain borrowings | 1.45 (8.47%) |
| To meet Working Capital requirements | 3.25 (18.99%) |
| General corporate purposes | 4.43 (25.90%) |
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.