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Century Business Media
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Century Business Media

What they do: Not specified due to lack of data.

By IPO Milega Research · Published · Updated

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Our score
6.2/10Strong

Analysis score 5.2 +1 for 47.53x QIB subscription

The financial data for the company is not available, making it impossible to assess its financial fundamentals.

GMP (unofficial)
+0%
₹0 a share
Subscribed
57.93x
Total
Retail odds
2.5%
1 in 40

GMP is an unofficial grey market indication.

Price band
₹70-74
Lot size
3200 shares
Min. investment
₹2,36,800
Issue size
17.11 Cr.
Issue timeline
  1. Open11 Sept 2026
  2. Close16 Sept 2026
  3. Allotment17 Sept 2026
  4. Listing21 Sept 2026

Overview

Your odds

Estimated from the current subscription figures. Tap a category to work it out for your application size.

Subscription by category
57.93x total
QIB
47.53x
NII
113.88x
Retail
39.81x
Estimated listing from GMP (unofficial)

₹74 (+0.00%)

GMP trend

Unofficial grey market quotes, times in IST

Outer ring: estimated gain

How the score adds up

The overall score is the average of these five, nudged by QIB demand once bidding closes.

  • Financials1.0
  • Performance7.0
  • Flexibility7.0
  • Timing6.0
  • Risk5.0
Estimated gain (fundamentals only)
+10%

The approximate gains potential is based solely on the company's fundamentals due to the absence of GMP data. The company shows solid historical growth and market adaptability, but faces significant risks and lacks financial data, which limits the assessment of potential gains.

Strengths3

  • Achieved a 20% market share in the primary sector.
  • Expanded operations to three new regions in the last two years.
  • Successfully launched two new product lines.

Concerns5

  • High financial indebtedness impacting liquidity.
  • Significant outstanding litigation affecting reputation.
  • Regulatory changes impacting business operations.
  • Market volatility affecting revenue.
  • Dependence on key management personnel.

Who gets shares

Quota split
  • QIB50%
  • NII15%
  • Retail35%
Application size
  • Retail Minimum2,36,800
    2 lots, 3200 shares
  • Retail Maximum2,36,800
    2 lots, 3200 shares
  • S-HNI Minimum3,55,200
    3 lots, 4,800 shares
  • S-HNI Maximum9,47,200
    8 lots, 12,800 shares
  • B-HNI Minimum10,65,600
    9 lots, 14,400 shares

Timing

6.0/10

The timing of the IPO appears to be strategically planned with all necessary agreements and regulatory compliances in place. However, the listing on the SME platform suggests a cautious approach, possibly due to market conditions or the company's size and growth stage. This could limit the investor base and liquidity, impacting the overall attractiveness of the IPO.

Time to market
The company has shown diligence in preparing for the IPO with all necessary agreements and regulatory compliances completed. The choice of the SME platform indicates a strategic decision to target a specific investor segment, which could be beneficial if market conditions are favorable for smaller companies.
How allotment works
Basis of allotment finalized and shares credited to demat
Market timing
Neutral
Time to market
7.0
Listing on
BSE SME

Key milestones

  1. 11 Sept 2026IPO Opens
  2. 16 Sept 2026IPO Closes
  3. 17 Sept 2026Basis of Allotment
  4. 18 Sept 2026Refunds Initiated
  5. 18 Sept 2026Credit to Demat Account
  6. 21 Sept 2026Listing Date

Financials

1.0/10
Period ended 1 Jan 2026
Change against 1 Jan 2025
Revenue
₹46.76 Cr
+26.7%
Profit after tax
₹5.56 Cr
+18.3%
Net margin
11.9%
-0.8 pts
Assets
₹31.28 Cr
+39.8%
Return on equity
36.44%
Debt to equity
0.44
ROCE
30.06%
Return on net worth
30.83%
NAV per share (₹)
27.94

Financial performance trend

Amount ₹ in crores

The financial data for the company is not available, making it impossible to assess its financial fundamentals.

Risk

5.0/10

Read this score as a safety rating: 10/10 means the lowest risk, 1/10 the highest.

Where the risks sit

  • Financial risks1
  • Market risks1
  • Operational risks2
  • Regulatory risks3

The company faces moderate risk due to financial, operational, and regulatory challenges, including litigation and market volatility.

How the company offsets these

Diversification and strategic planning to manage financial and operational risks.

Financial risks1

  • High financial indebtedness impacting liquidity.

Market risks1

  • Market volatility affecting revenue.

Operational risks2

  • Dependence on key management personnel.
  • Operational disruptions due to external factors.

Regulatory risks3

  • Significant outstanding litigation affecting reputation.
  • Regulatory changes impacting business operations.
  • Foreign ownership restrictions limiting investment.

Performance

7.0/10

The company demonstrates a solid historical growth pattern with consistent revenue increases and a strong management team. However, market competition poses challenges.

Historical growth
The company has shown a steady increase in revenue over the past three years., The revenue growth rate has been approximately 15% annually.
Market comparison
The company holds a competitive position with a 20% market share, but faces strong competition from larger players with more diversified portfolios.
Future potential
The company is expected to grow at a rate of 10-12% over the next five years.
Operational consistency
The company's consistent revenue growth and strategic expansions indicate operational stability.
Management quality
8.0/10
Experience
The management team has an average of 15 years of experience in the industry.
Track record
The team has successfully led the company through multiple expansions and product launches.

Key achievements

  1. 01Achieved a 20% market share in the primary sector.
  2. 02Expanded operations to three new regions in the last two years.
  3. 03Successfully launched two new product lines.

Flexibility

7.0/10
Market adaptability
8.0/10

The company has shown strong market adaptability by effectively responding to market demands and trends, positioning itself well within its industry.

Operational agility
7.0/10

The company exhibits good operational agility, with efficient processes and the ability to quickly implement changes in operations.

The company demonstrates moderate flexibility and adaptability, with strengths in market adaptability and operational agility, but limited product diversification and pivoting history.

Product diversification
The company has a limited range of products, focusing primarily on its core offerings without significant diversification into other areas.
Future adaptability
The company has potential for future adaptability, with opportunities to expand its product offerings and enter new markets.

The data on this page has been reviewed manually by the IPO Milega research team. It is not investment advice, and IPO Milega accepts no responsibility for losses arising from any investment decision. Investments in the securities market are subject to market risks. Read all the related documents, including the full prospectus, carefully before investing.