Century Business Media IPO
Century Business Media IPO is an SME IPO raising ₹17 Cr at ₹70 – ₹74 a share. It listed on 21 Sept 2026 at ₹74, 0.0% against its issue price of ₹74, and trades at ₹57 today (−23.0% since issue). It was subscribed 54× in total.
53.9 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Where your money goes
Only the fresh issue reaches the company. The offer for sale is existing shareholders selling their own stock — that money goes to them, not the business.
A red herring prospectus is filed before the price is fixed, so it states share counts rather than rupee amounts. derived: shares x cut-off price Rs74 + OFS by subtraction from exchange total Rs17 Cr. Checked: exchange issue size Rs17 Cr vs derived Rs17.1 Cr (0.6% apart).
What the fresh money funds
The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.
As stated in the prospectus. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.
The price they’re asking
From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.
Priced 58% below the median multiple of the peers the issuer itself names.
| Listed peer (issuer’s choice) | P/E | RoNW | EPS |
|---|---|---|---|
| Bright Outdoor Media Limited | 29.48× | 12.96% | ₹12.26 |
| Signpost India Limited | 20.55× | 24.13% | ₹13.14 |
| Simca Advertising Limited | 12.75× | 57.24% | ₹18.88 |
| This issue | 8.6× | 30.83% | ₹8.61 |
derived: cut-off price Rs74 / stated EPS Rs8.61 (FY2025-26 (Financial Year ending March 31, 2026) Basic & Diluted EPS, as restated). Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Not here yet
The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.