Century Business Media IPO is an SME IPO raising ₹17 Cr at ₹70 – ₹74 a share. The smallest application you can make is 1600 shares, costing ₹1,18,400 at the top of the band. Bidding closes on 16 Sept 2026 and the shares list on 21 Sept 2026. So far it has been subscribed 1.06× in total.
Just covered — bids slightly exceed the shares on offer
populated partly populated we hold nothing here — the tab says why
Read from the 303-page prospectus. Indian prospectuses list hundreds of risk factors, most of them generic boilerplate. These are the 14 specific to this company; 185 generic ones were skipped. Every one is quoted verbatim with its page, so you can check it against the document.
We derive a significant portion of our revenues from concession, licensing, and marketing agreements granted by government and quasi-government authorities, including the Airports Authority of India ("AAI"), Indian Railways, and Metro, Rail authorities
For the Fiscal 2026, approximately 35.56% of our total revenue was derived from Bihar, 21.19% from Jharkhand, 15.43% from Delhi and 9.16% from West Bengal.
Some of our airport and railway concession agreements require us to pay a fixed Minimum Monthly Guarantee (MMG) to the granting authorities, regardless of the actual revenue generated from the advertising spaces.
our top 10 suppliers accounted for approximately 43.30%, 82.95% and 77.73%, respectively, and our top 5 suppliers accounted for approximately 35.42%, 72.51% and 69.15%, respectively, of our total purchases
in the past, there have been instances of delay in statutory filings and payments, including GST returns and employee-related contributions such as ESIC and EPF, for which late fees and penalties were paid
Our promoters Shashi Kumar Chaudhary & Seema Chaudhary were previously directors in companies that has been struck off... Mera Plot & Homes Private Limited... SR Ventures Private Limited... Sagar Comforts Pvt Ltd
our top 10 customers contributed 45.56%, 39.73% and 46.38% of our revenues from operations for the year ended March 31, 2026, March 31, 2025 and 2024
We are involved in certain legal proceedings which are pending at different levels of adjudication before various courts, tribunals, enquiry officers, and appellate authorities.
Some of our Group Companies, namely Century Venture Private Limited, Bigspace Media Private Limited and Airport Advertising (Agartala) Private Limited, are engaged in businesses similar to that of our Company.
Passenger footfall at the airports, railway stations, and metro stations where we operate is a key driver of advertiser demand... during the COVID-19 pandemic, passenger volumes across airports, railway stations, and metro systems were severely reduced, leading to lower advertiser interest and a decline in occupancy rates
Our Promoters namely Shashi Kumar Chaudhary, Seema Chaudhary and Sangita Dokania have provided personal guarantee to secure a significant portion of our existing borrowings... In case of a default under our loan agreements, any of the personal guarantees provided by the aforesaid may be invoked
Our company has been sanctioned term loan and cash credit facilities by UCO Bank. The Company is dependent on such facilities and any default under such arrangement with such lender may create problem for operation of the Company
There are certain discrepancies/errors noticed in some of our corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013.
A significant portion of these assets are located in regions such as Bihar, West Bengal and some of the North Eastern states, which experience challenging weather conditions, including prolonged monsoon seasons, high humidity, heavy rainfall, cyclonic winds, and periodic flooding.
Extracted from the issuer’s own prospectus and ranked by how specific and material each risk is to this company. Severity is our assessment of the disclosure, not a prediction — and nothing here is a recommendation to apply to this issue.
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 12 | 0 | 6 | — |
| Promoters | 4 | 0 | 0 | — |
| Directors | 4 | 0 | 0 | — |
| Subsidiaries | 0 | 0 | 0 | — |
| Group companies | 8 | 6 | 3 | — |
Century Business Media Pvt. Ltd. vs. Union of India (Railways) – writ (C.W.J.C/13767/2024) challenging removal of advertising hoardings; seeks Rs.8,74,91,290 in monetary compensation, 6-month rebate and suspension of license fee increments
Kraft Outdoor Media Pvt. Ltd. vs. Century Business Pvt. Ltd. – Section 138 NI Act (CC/391(C)/2020); full settlement of Rs.1,64,16,491 paid via demand drafts and written off; pending court approval
Raunak Vatika Pvt. Ltd. – GST assessment order dated 28/02/2025 raising demand of Rs.59,34,086 (Integrated Tax Rs.44,034 + Central Tax Rs.29,45,026 + State/UT Tax Rs.29,45,026) for FY 2020-21
Century Ventures Pvt. Ltd. vs. Patliputra Academy for Education & Training Pvt. Ltd. – Sections 406/420 IPC (CC/7970(C)/2024); outstanding advertising dues of Rs.44,72,508 unpaid
State of Bihar vs. Ravindra Kumar Chaudhary and Shashi Kumar Chaudhary – Sections 420/379 IPC (C/3156/FIR82); orchard dispute valued at Rs.30,00,000; bail granted, quashing petition pending in Patna HC
Amounts converted to crore (1 crore = 100 lakh = Rs.1,00,00,000 = 10 million). Subsidiaries count is 0 (Company has no subsidiaries). Promoters and Directors share the same 4 cases under Section B (Ravindra Kumar Chaudhary and Shashi Kumar Chaudhary are common respondents/petitioners). No grand total amount is stated in the section. EPFO defaulter listing of Century Ventures (group) noted but not quantified. Tax for company = NIL; tax for group = 5 TDS demands (Raunak Vatika) + 1 GST demand (Raunak Vatika).. Outstanding means unresolved — a listed case is an exposure, not a verdict.
What the issuer and the exchanges published. Everything else on this tab is read out of these.
