Century Business Media IPO
Century Business Media LtdSME
This IPO has listed.
- Open date
- 11 Sep 2026
- Close date
- 16 Sep 2026
- Min. Investment
- ₹2,36,800
- Lot Size
- -
- Fresh Issue
- ₹17.11 Cr
- Price Range
- -
- Face Value
- -
- IPO Document
- DRHP - PDF(opens in a new tab)
Subscription rate
- Qualified Institutional Buyers47.53x
- Non-Institutional Investors84.45x
- Retail-Individual Investors39.81x
- Total53.92x
Schedule
- Completed: IPO open date11 Sep 2026
- Completed: IPO close date16 Sep 2026
- Completed: Allotment date17 Sep 2026
- Completed: Funds unblock or debit18 Sep 2026
- Completed: Tentative listing date21 Sep 2026
About
Promoter shareholding in Century Business Media Ltd, before and after the issue.
| Promoter | Pre-issue shares | Pre-issue % | Post-issue shares | Post-issue % |
|---|---|---|---|---|
| Shashi Kumar Chaudhary | 52,19,720 | 80.93% | 52,19,720 | 59.58% |
| Seema Chaudhary | 2,49,920 | 3.88% | 2,49,920 | 2.85% |
| Sangita Dokania | 6,47,400 | 10.04% | 6,47,400 | 7.39% |
| Shreya Chaudhary | 5,080 | 0.08% | 5,080 | 0.06% |
| Shreyash Dokania | 1,60,000 | 2.48% | 1,60,000 | 1.83% |
| Shivangi Dokania | 1,60,000 | 2.48% | 1,60,000 | 1.83% |
| Khushi Chaudhary | 5,080 | 0.08% | 5,080 | 0.06% |
| Niraj Kumar Kedia | 2,080 | 0.03% | 2,080 | 0.02% |
Financials of Century Business Media IPO
| Key Performance Indicators | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Operating Revenue | - | - | - |
| Other Income | - | - | - |
| Total Income | 22.57 | 32.03 | 36.65 |
| Total Expenses | 21.13 | 27.37 | 30.54 |
| Profit Before Tax | - | - | - |
| Total Profit | 1.08 | 3.69 | 4.71 |
Century Business Media IPO Strengths & Risks
- Diversified revenue from clients at multiple locations and geographies in India.
- Access to Strategic Advertising Rights Across Multiple Media Assets.
- Experience of our Promoters and senior management team.
- Focus on Customer Satisfaction and Execution Capabilities.
- Strong Client Retention and Repeat Business.
- Risks Relating to the Business: The Company and Promoters is involved in certain legal proceeding(s) and potential litigations. Any adverse decision in such proceeding(s) may render them liable to liabilities/ penalties.
- Risks Relating to the Business: The company's business is significantly dependent on concession, licensing, and marketing agreements granted by government and quasi-government authorities, and failures to renew or retain such rights could materially and adversely affect its revenues and market position.
- Risks Relating to the Business: The company is required to provide substantial security deposits under its concession agreements, the forfeiture or invocation of which could materially affect the company liquidity.
- Risks Relating to the Business: Certain concession agreements requires the company to pay Minimum Monthly Guarantees (MMG) irrespective of revenue, and any inability to meet these obligations could materially affect its business and financial condition.
- Risks Relating to the Business: The company is yet to place orders for certain static and digital media assets for its Out-of-Home ("OOH") advertising business, and any delays could postpone implementation and increase costs.
- Risks Relating to the Business: The company operations are geographically concentrated in a few Indian states, exposing it to region-specific economic, political, and regulatory risks.
- Risks Relating to the Business: The company's ability to execute city-based Out-of-Home (OOH) advertising campaigns depends on the availability and cost of suitable media sites, including hoardings, and any shortage or price escalation in such inventory may adversely affect the company's business, financial condition, and results of operations.
- Risks Relating to the Business: The company Trade Payables Holding Period for Fiscal 2024 and Fiscal 2025 was inadvertently miscalculated in the DRHP and the revised holding periods may differ from the previously disclosed figures.
- Risks Relating to the Business: The company is dependent on a limited number of high-revenue advertising rights and concession contracts at select airports and railway zones, and any failures to retain or renew these contracts could materially affect its revenue and profitability.
- Risks Relating to the Business: The Company's logo is not registered as on date of this Red Herring Prospectus. Its may be unable to adequately protect the company's intellectual property. Furthermore, its may be subject to claims alleging breach of third-party intellectual property rights which could have a material adverse effect on the company's business, results of operations and financial condition.
- Risks Relating to the Business: The company's inability to respond to changes in consumer demands and market trends in a timely manner may adversely affect its business, financial condition, and results of operations.
- Risks Relating to the Business: The company's business requires significant working capital, and delays in receivables or inability to secure adequate financing could adversely affect its liquidity and operations.
- Risks Relating to the Business: The company is bound by obligations and restrictive covenants under its concession agreements with government authorities, and any breach or non-compliance may result in termination, penalties, or other adverse consequences.
- Risks Relating to the Business: The company is exposed to the risk of delayed payments, defaults, or disputes with clients, which may adversely affect its cash flows, working capital, and financial performance.
- Risks Relating to the Business: The company does not own the registered office including corporate office and other offices from which its carry out the company's business activities. If there are issues such as non-renewal of rent agreements, disputes regarding the use of these premises, or disruptions in business operations due to actions by its business associates, the company's business and operational results could be adversely affected.
- Risks Relating to the Business: The Company had negative cash flows in the past, details of which are given below. Sustained negative cash flow could impact its growth and business. The company has experienced negative cash flows in the past which have been set out below.
- Risks Relating to the Business: Some of its Group Companies are engaged in businesses similar to the company, which may lead to potential conflicts of interest.
- Risks Relating to the Business: The company Out-of-Home ("OOH") media installations are exposed to environmental and physical risks, and any structural failures, accident, or weather-related deterioration could result in legal liability, higher maintenance costs, reduced advertising effectiveness, and financial losses.
- Risks Relating to the Business: The company requires certain approvals or licenses in the ordinary course of business and the failures to renew, obtain or retain them in a timely manner, or at all, may adversely affect its operations.
- Risks Relating to the Business: There are certain discrepancies/errors noticed in some of the company's corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by any regulatory authorities in future, for non-compliance with provisions of corporate and other law could impact the reputation and financial position of the Company to that extent.
- Risks Relating to the Business: Non-availability of secretarial records of the company filed with ROC.
- Risks Relating to the Business: The company depends on third-party vendors for critical services such as site fabrication, printing, transport, installation, and maintenance. Any operational or financial instability at vendor-end may delay campaign execution or degrade service quality.
- Risks Relating to the Business: The company relies on skilled manpower for installation, maintenance, and operations, and any attrition, labor unrest, or shortage of skilled workers may disrupt its business operations and affect financial performance.
- Risks Relating to the Business: If the company is unable to attract new clients or its existing clients does not renew their contract or default in payments, the growth of the company's business and cash flows will be adversely affected.
- Risks Relating to the Business: The company is dependent on certain site owners, authorities and vendors for securing advertising sites and related services, and any disruption in their availability may adversely affect its business, results of operations and financial condition.
- Risks Relating to the Business: Any Penalty or demand raised by statutory authorities in future will affect financial position of the Company.
- Risks Relating to the Business: The company's business operations at airports and railway stations may be adversely affected in the event of privatization or transfer of management rights of such facilities, which could impact the renewal or continuation of its advertising rights.
- Risks Relating to the Business: Passenger footfall at the airports, railway stations, and metro stations where the company operates is a key driver of advertiser demand. Any reduction in such footfall may adversely affect its business and results of operations.
- Risks Relating to the Business: The company's contingent liabilities and commitments as stated in its Restated Financial Statements could affect the company's financial condition.
- Risks Relating to the Business: The company could be harmed by employee misconduct or errors that are difficult to detect and any such incidences could adversely affect its financial condition, results of operations and reputation.
- Risks Relating to the Business: The company's promoters were directors in the companies which has been struck off now.
- Risks Relating to the Business: The company has in the past entered into related party transactions and may continue to do so in the future. There can be no assurance that such transactions, individually or in the aggregate, will not have an adverse effect on the Company's financial condition and results of operations.
- Risks Relating to the Business: The company is dependent on its Promoters and Directors for the continued success of the company's business through their continuing services and strategic guidance and support.
- Risks Relating to the Business: The commercial success of the company's services depends to a large extent on the success of its end use customers. If there is any downturn in the industries in which the company's customers operates, it could have a material adverse effect on the company's business, financial condition and results of operations.
- Risks Relating to the Business: Orders placed by customers may be delayed, modified or cancelled, which may have an adverse effect on the company's business, financial condition and results of operations.
- Risks Relating to the Business: The company faces competition in the outdoor media advertising industry, particularly in airport, railway, metro and city-based advertising, which may adversely affect its business, financial condition, and results of operations.
- Risks Relating to the Business: If the company is unable to manage its growth effectively and further expand into new markets, the company's business, future financial performance and results of operations could be materially and adversely affected.
- Risks Relating to the Business: The company generally do business with its customers on purchase order basis and does not enters into long term contracts with most of them.
- Risks Relating to the Business: The company's historical performance is not indicative of its future growth or financial results and the company may not be able to sustain its historical growth rates.
- Risks Relating to the Business: Unsecured loans taken by the Company can be recalled by the lenders at any time.
- Risks Relating to the Business: The Company has not made any allotment of Equity Shares during the preceding one year from the date of this Red Herring Prospectus at a price which is lower than the Issue Price.
- Risks Relating to the Business: The company's insurance coverage may not be adequate to protect it against certain operating hazards and this may have a material adverse effect on the company's business.
- Risks Relating to the Business: The company's actual results could differ from the estimates and projections used to prepare its financial statements.
- Risks Relating to the Business: The company is subject to the risk of failures of, or a material weakness in, its internal control systems.
- Risks Relating to the Business: The company may not be successful in implementing its business strategies.
- Risks Relating to the Business: The average cost of acquisition of Equity Shares by the company's Promoters, could be lower than the issue price.
- Risks Relating to the Business: Excessive dependence on UCO Bank in respect of Loan facilities obtained by the Company.
- Risks Relating to the Business: The company is subject to restrictive covenants under its credit facilities that limit the company operational flexibility.
- Risks Relating to the Business: The company's Promoter and the Promoter Group will jointly continue to retain majority shareholding in the Company after the issue, which will allow them to determine the outcome of the matters requiring the approval of shareholders.
- Risks Relating to the Business: Loans availed by the Company has been secured on personal guarantees of its Promoters and Directors. The company's business, financial condition, results of operations, cash flows and prospects may be adversely affected in case of invocation of any personal guarantees provided by its directors.
- Risks Relating to the Business: The company cannot assure you that its will be able to secure adequate financing in the future on acceptable terms. The company failures to obtain sufficient financing could result in delay or abandonment of its business plans and this may have an adverse effect on the company's growth and operations.
- Risks Relating to the Business: Any variation in the utilization of the Net Proceeds as disclosed in this Red Herring Prospectus shall be subject to certain compliance requirements, including prior approval of the shareholders of the Company.
- Risks Relating to the Business: The deployment of funds raised through this Issue shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of the Company.
- Risks Relating to the Business: The company may requires further equity issuance, which will lead to dilution of equity and may affect the market price of its Equity Shares or additional funds through incurring debt to satisfy the company's capital needs, which its may not be able to procure and any future equity offerings by the company.
- Risks Relating to the Business: There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the SME Platform of BSE limited (BSE SME) in a timely manner or at all.
- Risks Relating to the Business: The Equity Shares have never been publicly traded, and, after the Issue, the Equity Shares may experience price and volume fluctuations, and an active trading market for the Equity Shares may not develop. Further, the price of the Equity Shares may be volatile, and you may be unable to resell the Equity Shares at or above the Issue Price, or at all.
- Risks Relating to the Business: The Objects of the Issue for which funds are being raised have not been appraised by any bank or financial institution. Any variation between the estimation and actual expenditure as estimated by the management could result in execution delays or influence its profitability adversely.
- Risks Relating to the Business: Any of the Bidders are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid.
- Risks Relating to the Business: The company is not able to guarantee the accuracy of third party information included in this Red Herring Prospectus.
- Risks Relating to the Business: Certain key performance indicators for certain listed industry peers included in this Red Herring Prospectus have been sourced from public sources and there is no assurance that such financial and other industry information is complete.
- Risks Relating to the Business: The company's ability to pay dividends in the future will depends upon its future earnings, financial condition, cash flows, working capital requirements, capital expenditure and restrictive covenants in the company's financing arrangements.
- Risks Relating to the Business: The company may be subject to surveillance measures, such as the Additional Surveillance Measures (ASM) and the Graded Surveillance Measures (GSM) by the Stock Exchanges which may adversely affect trading price of its Equity Shares.
