B.A.G.Convergence IPO

B.A.G.Convergence is an NSE SME IPO listed on the NSE SME platform, priced at ₹82–₹87 per share. The stock debuted at ₹101, delivering a listing gain of 16.1%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹2,78,400.

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B.A.G.Convergence Limited IPO

NSE SME Listed
₹2,78,400 (3200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 30, 2025 – Oct 3, 2025
Price band
₹82-87 per equity share
Minimum Investment
₹2,78,400
Issue size
₹48.72 Cr
Lot size
1600
Allotment Date
Oct 6, 2025
Listing
Oct 8, 2025
Listing At
NSE SME

  1. Sep 30, 2025

    Open Date

    Completed

  2. Oct 3, 2025

    Close Date

    Completed

  3. Oct 6, 2025

    Allotment Date

    Completed

  4. Oct 8, 2025

    Listing Date

    Completed

B.A.G.Convergence IPO Subscription Details

View Subscription Details
QIB 1.38x
Individual 0.83x
NIIs 2.97x
bHNI 4.14x
sHNI 0.62x
Individual 0.83x
Total 1.45x

B.A.G.Convergence IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

B.A.G.Convergence IPO Essentials

B.A.G.Convergence IPO Details

B.A.G.Convergence IPO is priced at ₹82-87 per share with a total issue size of 48.72 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.

Issue price
₹82-87 per equity share
Lot size
1600 shares
Face value
₹10 Per Equity Share
Issue size
56,00,000 shares(aggregating up to ₹48.72 Cr)
Total issue size
56,00,000 shares
(aggregating up to ₹48.72 crore)
Fresh issue
56,00,000 shares
(aggregating up to ₹48.72 crore)
Listing at
NSE SME
List price
101.0
Listing date
Registrar
Maashitla Securities Pvt.Ltd.
Lead manager
Inventure Merchant Banker Services 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 Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 3200 ₹278400
Individual(max) 2 3200 ₹278400
sHNI(min) 3 4800 ₹417600
sHNI(max) 7 11200 ₹974400
sHNI(min) 8 12800 ₹1113600

B.A.G.Convergence IPO Documents

DRHP

RHP

B.A.G.Convergence IPO Reservation

B.A.G.Convergence IPO reservation details show category-wise allocation of shares. Out of the total 56,00,000 shares, approximately 18.57% are reserved for QIB, 14.86% for NII, 33.71% for retail investors, 5% for market maker, and 27.86% for 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%)
bHNI > ₹10L 5,55,200 (9.91%) 116
sHNI < ₹10L 2,76,800 (4.94%) 58
Individual Shares Offered 18,88,000 (33.71%) 590
Total Shares Offered 56,00,000 (100%)

B.A.G.Convergence IPO Analytics

B.A.G.Convergence IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

B.A.G.Convergence IPO Subscription Status

B.A.G.Convergence IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 1.45x, indicating moderate demand across investor categories.

As on QIB / NII Individual Total
Shares Offered / Reserved 10,40,000 / 8,32,000 18,88,000 37,60,000
Day 1 30-09-25 06:00 PM
(0.00 / 0.97) x 0.10 x 0.26 x
Day 2 01-10-25 06:00 PM
(0.00 / 1.05) x 0.19 x 0.33 x
Day 3 03-10-25 06:00 PM
(1.38 / 2.63) x 0.83 x 1.38 x
Total No. of Applications
bHNI sHNI Individual
588 (Approx) 0.59x 0.48x 0.83x

Subscription levels combined with expected premium trends indicate overall market sentiment and possible listing expectations for the IPO.

B.A.G.Convergence Valuations

Earnings

EPS Pre IPO
6.02
EPS Post IPO
4.43
P/E Pre IPO
14.45
P/E Post IPO
19.62

Returns

RoNW
40.96%

Fundamentals

Debt / Equity
0.57
Price / Book
18.13

Data sourced from DRHP / RHP • For educational purposes only

B.A.G.Convergence Financials( In Crs.)

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 6.59 7.10 -0.93

B.A.G.Convergence financials show revenue growth and profitability trends over recent years, indicating business stability.

B.A.G.Convergence Company & Offer Insights

About B.A.G.Convergence

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 are the company's promoters of B.A.G.Convergence.

Pre-Issue Holding
%
Post-Issue Holding
%

B.A.G.Convergence IPO Issue Objectives

•
Expansion of Existing Busines
•
Acquisition/ Production of Content
•
Brand building expenses
•
General Corporate Purposes

Contact Information

Contact Details

B.A.G.Convergence

+91 120 4602424

kriti.jain@bagconvergence.in

http://www.bagconvergence.in/

352, Aggarwal Plaza Plot No. 8, Kondli East Delhi, New Delhi, 110096

Registrar Contact Details

Maashitla Securities Pvt.Ltd.

+91-11-45121795-96

ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues

Frequently Asked Questions

Click any question to reveal the answer

B.A.G.Convergence IPO is a book-built IPO worth ₹48.72 crore. The price band is ₹82–₹87 per share. The IPO opens on Sep 30, 2025 and closes on Oct 3, 2025. It will be listed on NSE SME Platform. Maashitla Securities Pvt. Ltd. is the registrar.

The price band of B.A.G.Convergence IPO is ₹82 to ₹87 per share.

The lot size of B.A.G.Convergence IPO is 1600 shares.

The minimum investment for B.A.G.Convergence IPO is approximately ₹2,78,400 based on the upper price band .

B.A.G.Convergence IPO opens on Sep 30, 2025 and closes on Oct 3, 2025.

The allotment date of B.A.G.Convergence IPO is Oct 6, 2025.

B.A.G.Convergence IPO is expected to be listed on Oct 8, 2025, on NSE SME Platform.

B.A.G.Convergence IPO valuation snapshot: P/E 19.62, EPS 4.43, P/B 18.13, RoNW 40.96%, and market cap N/A.

To apply for B.A.G.Convergence IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of B.A.G.Convergence IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for B.A.G.Convergence IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check B.A.G.Convergence IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the B.A.G.Convergence IPO allotment status on IPO Ji for quick and easy access.