B.A.G.CONVERGENCE...● IPO DETAIL GMP+₹7 STATUSListed IPOCloudTrack Every IPO B.A.G.CONVERGENCE...● IPO DETAIL GMP+₹7 STATUSListed IPOCloudTrack Every IPO
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B.A.G.Convergence Ltd

B.A.G.Convergence Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹87
₹87
GMP (Grey Market)
+₹7
+8.05%
Est. Listing Price
₹94
Based on GMP
Min. Investment
₹139,200
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
30 Sep 2025
Close Date
03 Oct 2025
Allotment
06 Oct 2025
Listing Date
08 Oct 2025
Exchange
NSE SME
Price Band
₹87
Listing Price
See chart
Allotment Status
Price Band
₹87
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
56,00,000 shares (aggregating up to ₹48.72 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹139,200
1 lot
Pre-IPO Holding
1,56,18,800 shares
Promoters
Post-IPO Holding
2,12,18,800 shares
Promoters
P/E (Pre)
14.45x
 
P/E (Post)
19.62x
 
EPS (Pre)
₹6.02
 
EPS (Post)
₹4.43
 
UPI Deadline
2025-10-03
Mandate
GMP
+₹7
+8.05% est.
Anchor AllotmentMon, 29 Sep 2025
Basis of AllotmentMon, 06 Oct 2025
Refund InitiationTue, 07 Oct 2025
Demat CreditTue, 07 Oct 2025
Listing DayWed, 08 Oct 2025
UPI Mandate Deadline2025-10-03
Sale TypeFresh Capital
Net Offer to Public53,20,000 shares (aggregating up to ₹46.28 Cr)
Market Maker Quota2,80,000 shares (aggregating up to ₹2.44 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
B.A.G.Convergence Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 Oct 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
280,000
₹2.44
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,600,000
100% ₹48.72
IPO Shares Offered
B.A.G.Convergence Ltd IPO total issue size: ₹48.72 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 280,000 ₹2.44
5.00%
Total 5,600,000 ₹48.72
100.00%
* Based on upper price band ₹87 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹87.00
Upper Band
Min Investment
₹139,200
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹278,400
Retail (Max — 13 Lots)1320,800₹1,809,600
S-HNI (Min — 14 Lots)1422,400₹1,948,800
B-HNI (Min — 68 Lots)68108,800₹9,465,600
* Issue Price ₹87 × Lot Size 1,600 shares
IPO Schedule
Anchor
29 Sep 2025
✓ Done
IPO Open
30 Sep 2025
✓ Done
IPO Close
03 Oct 2025
✓ Done
Allotment
06 Oct 2025
✓ Done
Refunds
07 Oct 2025
✓ Done
Demat Credit
07 Oct 2025
✓ Done
Listing Day
08 Oct 2025
✓ Done
B.A.G.Convergence Ltd — Live Price LIVE
₹87.00
INR · NSE
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Issue ₹87.00 GMP: +₹7 Live Price
About B.A.G.Convergence Ltd
Incorporated in April 2007, B.A.G. Convergence Limited specializes in providing technical assistance and production services for television channels and websites. The company launched its first website in 2007, named news24online.com.The company produces videos for its website and platforms like YouTube, Facebook, and Instagram, while also partnering with Samsung to enter the Connected TV (CTV) space through app preinstallation on their TVs.The company offers following services:-Artificial Intelligence & Automation: Implementing AI-driven solutions to optimize content creation, editing, and distribution.Cloud-Based Broadcasting: Utilizing cloud infrastructure for seamless media management and live broadcasting.High-Definition & 4K Content Production: Producing high-quality video content to meet evolving audience expectations.OTT & Streaming Services: Expanding its digital footprint by developing content for Over-the-Top (OTT) platforms, ensuring a wider reach in the online entertainment sector.As of n August 31, 2025, the company had 87 employees in various departments.Competitive Strength:Strong Legacy in Media & Broadcasting: As part of the B.A.G. Network, the company benefits from decades of experience in television and digital content production.Advanced Production Infrastructure: Equipped with state-of-the-art studios, post-production facilities, and cutting-edge broadcasting technology.Diversified Content Portfolio: Engages audiences across multiple platforms, including television, digital media, and OTT services.Agile & Innovative Approach: Continuously adapts to market trends by embracing new storytelling techniques and emerging technologies.
Objects of the Issue
1
Expansion of Existing Busines
2
Acquisition/ Production of Content
3
Brand building expenses
4
General Corporate Purposes
B.A.G.Convergence Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹25.0
31 Mar 2023
₹30.3
31 Mar 2024
₹35.9
31 Mar 2025
Profit After Tax (PAT)
₹5.0
31 Mar 2023
₹8.1
31 Mar 2024
₹9.4
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 35.85 30.33 24.96
EBITDA 13.99 10.88 6.49
Profit After Tax (PAT) 9.41 8.05 4.99
Net Worth 22.21 7.11 -0.92
Total Assets 43.84 18.33 11.57
Reserves & Surplus 6.59 7.10 -0.93
Borrowings N/A N/A N/A
EBITDA Margin (%) 39.04%
PAT Margin (%) 25.37%
P/BV Ratio
18.13
RoNW
40.96%
PAT Margin
25.37%
EBITDA Margin
39.04%
Debt/Equity
0.57
Issue Structure & Shareholding
Total Shares Offered56,00,000 (100.00%)
Net Offer to Public53,20,000 shares (aggregating up to ₹46.28 Cr)
Reserved for Market Maker2,80,000 shares (aggregating up to ₹2.44 Cr)
Pre-Issue Promoter Holding1,56,18,800 shares
Post-Issue Promoter Holding2,12,18,800 shares
P/BV Ratio18.13
RoEN/A
RoCEN/A
Debt / Equity0.57
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Inventure Merchant Banker Services Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much B.A.G.Convergence Ltd IPO subscribed?

B.A.G.Convergence Ltd IPO is subscribed 1.00 times by Oct 03, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is B.A.G.Convergence Ltd IPO retail subscription status?

The B.A.G.Convergence Ltd IPO retail category is subscribed 1.00 times as of 03 Oct 2025. The retail portion is oversubscribed.

How to subscribe B.A.G.Convergence Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 30 Sep 2025 and closes 03 Oct 2025. Min investment: ₹139,200 (1 lot = 1,600 shares). UPI mandate: 2025-10-03.

How many times B.A.G.Convergence Ltd IPO subscribed?

The B.A.G.Convergence Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check B.A.G.Convergence Ltd IPO allotment?

Check allotment on the registrar website (Maashitla Securities Pvt.Ltd) at https://maashitla.com/allotment-status/public-issues. Enter your PAN, application number or DP/Client ID. Allotment date: 06 Oct 2025. Refunds: on 07 Oct 2025.

When B.A.G.Convergence Ltd IPO will be listed?

The B.A.G.Convergence Ltd IPO listing date is 08 Oct 2025, Wednesday. Listed on: NSE SME. Issue price: ₹87. Estimated listing: ₹94. GMP: +₹7.

When B.A.G.Convergence Ltd IPO close?

The B.A.G.Convergence Ltd IPO closes on 03 Oct 2025, Friday. UPI mandate: 2025-10-03. Allotment: 06 Oct 2025. Listing: 08 Oct 2025.