Century Business IPO Analysis & Review

Quick Answers

What is the Century Business IPO GMP today? The Century Business IPO GMP is ₹0 as of 10/9/2026, 4:53:24 am. The IPO price band is ₹70 - ₹74. GMP represents an unofficial grey-market indication and does not guarantee the listing price.

When does Century Business IPO open? The Century Business IPO opens on 2026-09-11 and closes on 2026-09-16.

What is the Century Business IPO subscription status? The overall subscription is 0x.

Key IPO Information

ViewIPO AI Analysis Score

The Century Business IPO scored 61/100 (Moderate Risk) in our deep analysis.

Frequently Asked Questions

What is the issue size of the Century Business Media IPO?

The total issue size of the IPO is ₹17.11 crore, consisting entirely of a fresh issue of shares.

What is the price band for the Century Business Media IPO?

The price range for the IPO is ₹70 to ₹74 per share with a lot size of 1,600 shares.

What are the primary business activities of Century Business Media Ltd?

Century Business Media provides Out-of-Home (OOH) advertising services across airports, railway stations, metro stations, and city media formats.

How will the proceeds from the fresh issue be used?

The company intends to use ₹4.21 crore for media asset capital expenditure, ₹3.76 crore for security deposits at Patna airport, ₹1.45 crore for loan repayment, ₹3.25 crore for working capital, and the remainder for general corporate purposes.

What are the main financial risks identified for Century Business Media Ltd?

Key risks include heavy geographic revenue reliance on Bihar (35.56% in FY26), dependency on concession renewals by authorities like AAI and Indian Railways, growing trade receivables (₹14.16 Cr in FY26), and pending criminal cases against promoters and directors.

What are the key dates for the Century Business Media IPO?

The IPO opens on September 11, 2026, and closes on September 16, 2026. Allotment is finalized on September 17, 2026, and the tentative listing date is September 21, 2026.

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Home›India›Century Business ()
Century Business Logo

Century BusinessNSE SME / BSE SME:

Analyzed by ViewIPO Financial Research Team
Out-of-Home (OOH) AdvertisingIndiaFiled 2026-09-11Listing 2026-09-21Size ₹17.43Cr
Lot Size 1600
Live GMP
₹0 (0%)
Check Allotment
Status Link

Is Century Business IPO Good? Quick Verdict

Century Business IPO scored 61/100 (Moderate Risk) in our deep analysis. The strongest pillar is Dilution at 70/100, while Valuation is the primary concern at 50/100. Century Business Media Ltd shows strong top-line and profit expansion across eastern India's infrastructure ad spaces, but presents notable risks due to government concession renewal risks, receivables build-up, and pending criminal proceedings.

IPO Score
61/100
Moderate Risk

Quick Verdict

Consistent revenue and profit growth from FY24 through FY26.
Exclusive media rights at key regional airports and 714 railway stations under East Central Railway.
Pending criminal proceedings against the company, directors, and promoters.
Significant geographical concentration risk, with Bihar contributing 35.56% of revenue in FY26.
Trade receivables increasing substantially, locking up working capital.

Company Snapshot

Revenue (TTM)
₹46.43Cr↑ 26.68% YoY
Profitability
PositiveNet Income ₹5.55Cr
Gross Margin
— 
Market Cap
—Pending Data
IPO Size
₹17.43Cr 
Industry
Out-of-Home (OOH) Advertising 
P/E Ratio
—Pending Data

Risk Breakdown

Governance
65
Moderate
Financial
70
Moderate
Valuation
50
Expensive
Competition
50
Expensive
Dilution
70
Moderate
Promoter / Mgmt
60
Moderate

AI Summary

Century Business Media Ltd, established in 1999, is an Out-of-Home (OOH) advertising company providing digital and non-digital ad solutions across airport, railway, metro, and city formats. The company is launching a ₹17.11 crore fresh issue IPO to fund media asset purchases, security deposits for Patna airport rights, loan repayments, and working capital. Financially, Century Business Media Ltd has demonstrated steady profitability, with FY26 revenue reaching ₹46.43 crore and PAT rising to ₹5.55 crore. However, potential investors must evaluate key operational risks, including high revenue concentration in Bihar, reliance on competitive concession re-bidding, and ongoing criminal litigations involving the promoters.

Overall Verdict: Century Business Media Ltd shows strong top-line and profit expansion across eastern India's infrastructure ad spaces, but presents notable risks due to government concession renewal risks, receivables build-up, and pending criminal proceedings.

Key Highlights

  • •Operates across Airport Out-of-Home (AOOH), Railway Out-of-Home (ROOH), Metro Out-of-Home (MOOH), and city media formats.
  • •Holds exclusive advertising rights at Patna, Ranchi, Deoghar, Darbhanga, and Jorhat airports.
  • •Exclusive advertising rights outside station campuses for 714 railway stations under the East Central Railway zone.
  • •Revenue from operations grew from ₹32.03 crore in FY24 to ₹46.43 crore in FY26.
  • •Net profit increased from ₹3.69 crore in FY24 to ₹5.55 crore in FY26.
  • •Net proceeds of ₹17.11 crore from fresh issue allocated for media assets, security deposits, working capital, and debt repayment.

Financial Performance

Revenue (Annual)

↑ +26.7% YoY

INR in Crores

Net Income (Annual)

↑ +17.8% YoY

INR in Crores

EBITDA vs PAT

EBITDA YoY

INR in Crores

EBITDA
PAT

IPO Timeline

IPO Opens2026-09-11
IPO Closes2026-09-16
Basis of Allotment2026-09-17
Refunds & Demat2026-09-18
Listing Date2026-09-21

Valuation Analysis

IPO Price₹70 - ₹74
Estimated Fair Value
Pending Data
Valuation Premium
Pending
vs Fair Value

IPO DNA

Growth
60
Governance
65
Profitability
70
Valuation
50
Competition
50
Execution
60

Pros vs Cons

Pros

  • Consistent top-line growth with revenue increasing from ₹32.03 Cr in FY24 to ₹46.43 Cr in FY26.
  • Sustained profit expansion with profit after tax rising from ₹3.69 Cr in FY24 to ₹5.55 Cr in FY26.
  • Strong institutional presence holding exclusive rights at 5 key regional airports and over 700 railway stations.
  • Diversified asset base expanding into Metro OOH (Platform Screen Doors) and in-shop branding.

Cons

  • High geographical concentration risk, with Bihar alone accounting for 35.56% of total revenue in FY26.
  • Heavy reliance on non-automatic renewal of short-to-medium term government ad concessions.
  • Mounting trade receivables tied up in working capital, increasing from ₹8.77 Cr in FY24 to ₹14.16 Cr in FY26.
  • Ongoing criminal proceedings involving the company, its directors, and promoters.
  • Fixed Minimum Monthly Guarantees (MMG) obligations to concession holders regardless of revenue generated.

Financial Health

Revenue Growth
26.7% YoY growth in FY26 (Good)
Debt Level
₹7.95 Cr Total Debt in FY26 (Moderate)
Cash & Equivalents
Negative investing cash flow of ₹4.31 Cr in FY26 due to Capex (Moderate)

Institutional Signals

Anchor Investors
Undisclosed
VC Backing Tier
None
Strategic Partners
Government Agencies (AAI, Indian Railways, Metro Authorities)

Century Business IPO Reddit Pulse & Sentiment

Real-time Reddit discussions & retail sentiment

No Public Data Available

We couldn't find any significant public discussions or retail sentiment threads for this IPO at the moment.

Disclaimer: These are raw community discussions aggregated from public forums. The AI summary and Reddit comments do not constitute financial advice. Always conduct your own independent research.

Century Business IPO — Frequently Asked Questions

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IPO Terminology Explained

Confused by terms like GMP, Kostak, or Subject to Sauda? Read our detailed guides in the IPO Glossary to understand the terminology before you invest.

Grey Market Premium (GMP)Subject to SaudaASBAOffer for Sale (OFS)
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Source Citation: All financial data and risk metrics are derived from the official prospectus filed with the regulator (SEBI DRHP/RHP). ViewIPO algorithms process this public data for informational purposes. Not financial advice.

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Frequently Asked Questions about Century Business

What is the expected listing price of Century Business?

The expected listing price depends on the live Grey Market Premium. Check the live GMP and expected listing price for Century Business on our Live GMP Tracker.