Century Business IPO
Miscellaneous • ₹17.11 Cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- Regulatory or legal risks cited in DRHP
- SME listing with thinner post-listing liquidity
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹74
Lot Size
1600 shares
Issue Size
₹17.11 Cr
Open
11 Sept 2026
Close
16 Sept 2026
Subscription
53.4×
IPO Schedule
| Issue Open Date | 11 Sept 2026 |
| Issue Close Date | 16 Sept 2026 |
| Listing Date | 20 Sept 2026 |
About Century Business
Established in 1999, Century Business Media provides Out-of-Home (OOH) advertising services through digital and non-digital media formats. Its operations primarily cover Airport Out-of-Home (AOOH) and Railway Out-of-Home (ROOH) advertising, and it has recently expanded into Metro Out-of-Home (MOOH) advertising and in-shop branding. The company offers advertising spaces within and outside airport terminals, railway stations, and railway land, as well as traditional city media formats such as hoardings, billboards, unipoles, multipoles, pole kiosks, wall wraps, wall paintings, lollipops, and gantries. It holds exclusive advertising rights at Patna, Ranchi, Deoghar, Darbhanga, and Jorhat airports, along with non-exclusive or marketing rights at other airports. In the railway segment, it holds exclusive advertising rights outside station campuses across 714 railway stations under the East Central Railway zone. The company also holds Platform Screen Door advertising rights at Howrah and Esplanade metro stations. Its operations have a presence across Bihar, Jharkhand, West Bengal, and the North Eastern states, while it also undertakes advertising campaigns across India through exclusive and non-exclusive media rights. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Funding capital expenditure towards purchase of media assets – Rs 4.21 crore Payment of security deposit for advertising rights at Patna airport – Rs 3.76 crore Repayment of certain borrowing availed by the company – Rs 1.45 crore To meet working capital requirements – Rs 3.25 crore General corporate purposes
Company Details
Founders / Promoters
Mr Shashi Kumar Chaudhary
Founded
1999
Registrar
KFin Techologies Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Century Business — IPOFins Verdict
QuantitativeDriven by QIB demand at 47.5x and moderate disclosed risk (6/10), Century Business listed at a premium of 0.0% to its issue price. SME listings are also thinner and more volatile after listing. The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
- The company claims a geographically diversified client base across Bihar, Delhi, Jharkhand, West Bengal, Maharashtra, Uttar Pradesh, Karnataka, and other states. Its operations extend beyond eastern I
- The company claims that its advertising rights provide access to multiple OOH media assets, including exclusive rights at five airports, advertising coverage across 714 railway stations, and PSD adver
- The company claims to execute campaigns based on client requirements relating to target audiences, locations, budgets, and campaign objectives. Its services include media planning, location selection,
- The company claims to generate repeat business by maintaining client engagement and identifying advertising requirements such as target audience, preferred locations, and campaign objectives. This app
- The company has seen a consistent increase in revenue from operations and PAT. Revenue from operations increased from Rs 32.03 crore in FY24 to Rs 36.65 crore in FY25 to Rs 46.43 crore in FY26, while
Score breakdown — what drove this verdict
Moderate risk from DRHP → score -0.4
Institutional subscription → score +2.0
Strong retail interest → score +0.5
Actual listing outcome → score −0.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹74
Listing Price
₹74
Listing Gain/Loss
+0.00%
Listing Date
20 Sept 2026
Price Since Listing
Returns are measured against the ₹74 issue price.
Listing
₹74
+0.0%
1 Week
₹72.24
-2.4%
Current
₹68.76
-7.1%
Want to buy this stock?
Trade Century Business on the secondary market
FAQ
What is the price band of Century Business IPO?
The price band is ₹74 per share with a lot size of 1600 shares. Minimum investment: ₹1,18,400.
What does Century Business do?
Established in 1999, Century Business Media provides Out-of-Home (OOH) advertising services through digital and non-digital media formats. Its operations primarily cover Airport Out-of-Home (AOOH) and Railway Out-of-Home (ROOH) advertising, and it has recently expanded into Metro Out-of-Home (MOOH) advertising and in-shop branding. The company offers advertising spaces within and outside airport terminals, railway stations, and railway land, as well as traditional city media formats such as hoardings, billboards, unipoles, multipoles, pole kiosks, wall wraps, wall paintings, lollipops, and gantries. It holds exclusive advertising rights at Patna, Ranchi, Deoghar, Darbhanga, and Jorhat airports, along with non-exclusive or marketing rights at other airports. In the railway segment, it holds exclusive advertising rights outside station campuses across 714 railway stations under the East Central Railway zone. The company also holds Platform Screen Door advertising rights at Howrah and Esplanade metro stations. Its operations have a presence across Bihar, Jharkhand, West Bengal, and the North Eastern states, while it also undertakes advertising campaigns across India through exclusive and non-exclusive media rights. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Funding capital expenditure towards purchase of media assets – Rs 4.21 crore Payment of security deposit for advertising rights at Patna airport – Rs 3.76 crore Repayment of certain borrowing availed by the company – Rs 1.45 crore To meet working capital requirements – Rs 3.25 crore General corporate purposes
Should I apply for Century Business IPO?
Century Business listed at ₹74 (+0.0% premium to the ₹74 issue price) after 53.4x subscription. IPOFins Score 6/10: Driven by QIB demand at 47.5x and moderate disclosed risk (6/10), Century Business listed at a premium of 0.0% to its issue price. SME listings are also thinner and more volatile after listing. The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
Who founded Century Business?
Century Business was founded by Mr Shashi Kumar Chaudhary in 1999.