Century Business Media Ltd - IPO

Century Business Media Ltd IPO Details

Initial public offer of upto 23,16,000 equity shares of face value of Rs. 10/- each (the equity shares) of Century Business Media Limited (the company or CBML or the issuer) at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores (public issue) out of which [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the net issue. The public issue and net issue will constitute 26.42% and [*] % respectively of the post- issue paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding Capital Expenditure towards Purchase of Media Assets. Payment of Security Deposit for advertising rights at Patna, Deoghar and Darbhanga Airport. Repayment of certain borrowing availed by the Company. To meet Working Capital requirements.

Century Business Media Ltd Contact Details

Century Business Media Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@centurymedia.in

Website - www.centurymedia.in