B.A.G.Convergence IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 82 – 87
Lot Size
1600
Issue Size
₹48.72 Cr
Minimum Investment
₹278400 (3200 Shares)
Listing Date
08 October 2025
Subscription
1.45x
About the Company
B.A.G. Convergence Limited
Incorporated in April 2007, B.A.G. Convergence Limited is engaged in providing technical assistance and production services for television channels and digital platforms. The company launched its first website, news24online.com, in 2007, marking its entry into the digital media space.
Over the years, the company has expanded its presence across multiple platforms, producing video content for its own website as well as for YouTube, Facebook, Instagram, and other digital channels. In addition, it has partnered with Samsung to strengthen its presence in the Connected TV (CTV) segment through app pre-installations on Samsung smart TVs.
Service Offerings
B.A.G. Convergence Limited provides a diverse range of media and technology-driven services, including:
- Artificial Intelligence & Automation: Deploying AI-powered solutions to streamline content creation, editing, and distribution workflows.
- Cloud-Based Broadcasting: Leveraging cloud infrastructure for efficient media management, live streaming, and broadcasting.
- High-Definition & 4K Content Production: Creating premium-quality video content aligned with evolving viewer expectations.
- OTT & Streaming Services: Developing content for Over-the-Top (OTT) platforms, enhancing reach and visibility in the online entertainment ecosystem.
Workforce
As of August 31, 2025, the company employed 87 professionals across various departments, supporting its operations in content production, technology, and digital media services.
Promoters
- Anuradha Prasad Shukla
Promoters Holding
Holding Pre Issue
89.58%
Holding Post Issue
65.93%
Objects of the Issue
The Company B.A.G. Convergence IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Expansion of Existing Business
- Acquisition/ Production of Content
- Brand building expenses
- General Corporate Purposes
Address / Contact Info
B.A.G.Convergence Ltd.
352, Aggarwal Plaza
Plot No. 8,
Kondli
East Delhi, New Delhi, 110096
Phone: +91 120 4602424
Email: kriti.jain@bagconvergence.in
Website: http://www.bagconvergence.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 30 September 2025
IPO Close Date
Friday, 03 October 2025
Basis of Allotment
Monday, 06 October 2025
Initiation of Refunds
Tuesday, 07 October 2025
Credit of Shares to Demat
Tuesday, 07 October 2025
Listing Date
Wednesday, 08 October 2025 — NSE & BSE
Important Dates
Open Date
30 September 2025
Close Date
03 October 2025
Basis Of Allotment
06 October 2025
Listing Date
08 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| 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 |
| Reserve & Surplus | 6.59 | 7.1 | -0.93 |
| Total Borrowings | 0 | 0 | 0 |
EPS Pre
6.02%
EPS Post
4.43%
P/E Pre
14.45
P/E (Post Issue)
19.62x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 0 | 0 | 0 |
| ROCE % | 0 | 0 | 0 |
| Debt / Equity | 0.57 | 0 | 0 |
| RoNW % | 40.96 | 112.94 | 0 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 25.37 | 26.48 | 19.95 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 1040000 | 27.66 | 0 |
| Non-Institutional | 832000 | 22.13 | 0 |
| BNII | 555200 | 14.77 | 0 |
| SNII | 276800 | 7.36 | 0 |
| Retail Investors | 1888000 | 50.21 | 0 |
| Total | 3760000 | 100 | 0 |
Subscription Status ( Fri, 03 Oct 25 01:51 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1040000 | 1438400 | 1.38x |
| Non-Institutional | 832000 | 2467200 | 2.97x |
| BNII | 555200 | 2296000 | 4.14x |
| SNII | 276800 | 171200 | 0.62x |
| Retail Investors | 1888000 | 1561600 | 0.83x |
| Total | 3760000 | 5467200 | 1.45x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 278,400.00 |
| Retail (Max) | 2 | 3,200 | 278,400.00 |
| S-HNI (Min) | 3 | 4,800 | 417,600.00 |
| S-HNI (Max) | 7 | 11,200 | 974,400.00 |
| B-HNI (Min) | 8 | 12,800 | 1,113,600.00 |
Registrar
Maashitla Securities Pvt. Limited
011-45121795-96
investor.ipo@maashitla.com
https://www.maashitla.com
Book Running Lead Managers
- Inventure Merchant Banker Services Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
B.A.G.Convergence IPO is a Book-building IPO worth ₹48.72 crores. The price band is ₹82 to 87 per share. The IPO opens on Tue, Sep 30, 2025 and closes on Fri, Oct 3, 2025. It will be listed on BSE and NSE. Maashitla Securities Pvt. Limited is the registrar.
The B.A.G.Convergence IPO opens on Tue, Sep 30, 2025 and closes on Fri, Oct 3, 2025
B.A.G.Convergence IPO Price Band is ₹82 to 87.
B.A.G.Convergence IPO lot size is 1600, and the minimum amount required for application is ₹278400.
The minimum investment for B.A.G.Convergence IPO is approximately ₹278400 based on the upper price band.
To apply for the B.A.G.Convergence IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Oct 3, 2025. After submission, funds are blocked until the basis of allotment of B.A.G.Convergence IPO is finalised.
B.A.G.Convergence IPO issue size is ₹48.72 crores.
B.A.G.Convergence IPO allotment date is Sat, Jun 27, 2026.
The registrar for B.A.G.Convergence IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website for IPO allotment status, refund processing, and other queries related to B.A.G.Convergence IPO through their official website or helpline.