B.A.G.Convergence Limited IPO
NSE SME Allotment Awaited₹ 278400 /3200 Shares
*Min Investment
30 Sep, 2025
Open Date03 Oct, 2025
Close Date06 Oct, 2025
Allotment Date08 Oct, 2025
Listing DateB.A.G.Convergence IPO Live Subscription Details
B.A.G.Convergence IPO Issue Details
- Issue Price ₹82-87 per equity share
- Face Value ₹10 Per Equity Share Issue Size
- Total Size 56,00,000 shares(aggregating up to ₹48.72 crore)
- Fresh Share 56,00,000 shares(aggregating up to ₹48.72 crore)
- Listing at NSE SME
- Lead Manager Inventure Merchant Banker Services Pvt.Ltd.
- Registrar Maashitla Securities Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 3200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 3200 | ₹278400 |
| Retail(max) | 2 | 3200 | ₹278400 |
| SHNI(min) | 3 | 4800 | ₹417600 |
| SHNI(max) | 7 | 11200 | ₹974400 |
| BHNI(min) | 8 | 12800 | ₹1113600 |
B.A.G.Convergence IPO Reservation
B.A.G.Convergence IPO offers total 56,00,000 shares. Out of which 10,40,000 (18.57%) allocated to QIB, 8,32,000 (14.86%) allocated to NII,18,88,000 (33.71%) allocated to RII, NA (NA%) allocated to employees and 15,60,000 (27.86%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 15,60,000 (27.86%) | |
| Market Maker Shares Offered | 2,80,000 (5%) | |
| QIB Shares Offered | 10,40,000 (18.57%) | |
| NII (HNI) Shares Offered | 8,32,000 (14.86%) | |
| bNII < ₹10L | 5,55,200 (9.91%) | |
| sNII < ₹10L | 2,76,800 (4.94%) | |
| Retail Shares Offered | 18,88,000 (33.71%) | |
| Total Shares Offered | 56,00,000 (100%) |
B.A.G.Convergence IPO Details
B.A.G.Convergence Limited IPO is an SME IPO, priced at ₹82-87 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 56,00,000 equity shares, aggregating up to ₹48.72 crores..
The IPO bidding window is open from Sep 30, 2025 to Oct 3, 2025. The allotment is expected to be finalized on Oct 6, 2025, and the tentative listing date is Oct 8, 2025.
The minimum lot size for retail investors is 3200 shares, with a minimum investment of ₹278400.
Inventure Merchant Banker Services Pvt.Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Pvt.Ltd., and ACME Capital Market Ltd. will act as the market maker for this issue.
B.A.G.Convergence Valuations
B.A.G.Convergence Company Financials
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 43.84 | 18.33 | 11.57 |
| Revenue | 35.85 | 30.33 | 24.96 |
| Profit After Tax | 9.41 | 8.05 | 4.99 |
| Net Worth | 22.21 | 7.11 | -0.92 |
| Reserves & Surplus | 22.21 | 7.11 | -0.92 |
About B.A.G.Convergence Company
Founded in April 2007, B.A.G. Convergence Limited is dedicated to technical support and production services for TV channels and websites. The company opened its first website in 2007, titled news24online.com.The company creates videos for its website and platforms such as YouTube, Facebook, and Instagram, aside from collaborating with Samsung to venture into the Connected TV (CTV) market through app preinstallation on their TVs.
The company provides below services:-
Artificial Intelligence & Automation: Leveraging AI-powered solutions to streamline content generation, editing, and broadcasting.
Cloud-Based Broadcasting: Harnessing cloud infrastructure for efficient media management and real-time broadcasting.
High-Definition & 4K Content Generation: Creating high-definition video content to keep up with changing audience demands.
OTT & Streaming Services: Increasing its online presence by creating content for Over-the-Top (OTT) platforms, extending reach in the digital entertainment industry.
As of n August 31, 2025, there were 87 employees in different departments.
B.A.G.Convergence - Promoter(s)
Anuradha Prasad Shukla
Pre Issue Share Holding : %
Post Issue Share Holding : %
B.A.G.Convergence IPO - Issue Objectives
Expansion of Existing Busines
Acquisition/ Production of Content
Brand building expenses
General Corporate Purposes
Contact Details
B.A.G.Convergence
352, Aggarwal Plaza Plot No. 8, Kondli East Delhi, New Delhi, 110096
+91 120 4602424
Registrar Contact Details
Maashitla Securities Pvt.Ltd.
+91-11-45121795-96
B.A.G.Convergence IPO - FAQs
Ans. B.A.G.Convergence Limited IPO is a SME IPO. The issue is priced at ₹82-87 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Sep 30, 2025, and closes on Oct 3, 2025. Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The B.A.G.Convergence Limited IPO opens on Sep 30, 2025 and closes on Oct 3, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of B.A.G.Convergence Limited IPO is 56,00,000 shares(aggregating up to ₹48.72 Cr).
Ans. The IPO price band is set between ₹82-87 per equity share.
Ans. To apply for B.A.G.Convergence Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find B.A.G.Convergence Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of B.A.G.Convergence Limited IPO is Oct 6, 2025.
Ans. The B.A.G.Convergence Limited IPO will be listed on Oct 8, 2025.
Ans. Follow the steps to check the allotment status for B.A.G.Convergence Limited IPO here.
