BAG Convergence IPO description – Established in 2007, B.A.G. Convergence is a prominent player in the digital media landscape, focusing on facilitating the transition of traditional broadcasters to digital platforms. The company is dedicated to empowering its clients with essential tools and knowledge, enabling them to thrive in the digital age. B.A.G. Convergence offers a comprehensive suite of services tailored to meet the unique needs of broadcasters, helping them unlock new opportunities and engage audiences in innovative ways. Their mission extends beyond mere transition; it aims at transforming how media is consumed and distributed in an increasingly digital world.
Over the years, the company has consistently adapted to technological advancements to stay relevant in a competitive market and respond to shifting user preferences. Initially, the websites were designed for desktop users, but with the rise of smartphones and mobile internet, the company shifted its focus to mobile users. Google’s move to mobile-first indexing further emphasized the importance of this shift.
B.A.G. Convergence also developed mobile apps, such as News24, News24 Sports, and E24, to offer a more personalized experience for readers. The transition from 2G to 5G has enabled the company to create more mobile-friendly content and connect with its audience more quickly.
Promoters of BAG Convergence – Anuradha Prasad Shukla
Table of Contents
BAG Convergence IPO Details
| BAG Convergence IPO Dates | 30 September – 3 October 2025 |
| BAG Convergence Issue Price | INR 82 – 87 per share |
| Fresh Issue | 56,00,000 shares (INR 45.92 – 48.72 crore) |
| Offer For Sale | NIL |
| Total IPO Size | 56,00,000 shares (INR 45.92 – 48.72 crore) |
| Minimum Bid | 3,200 shares (INR 2,78,400) |
| Lot Size | 1,600 shares (INR 1,39,200) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | NSE EMERGE |
BAG Convergence Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 24.78 | 29.92 | 35.63 |
| Expenses | 18.46 | 19.45 | 21.86 |
| Net income | 4.99 | 8.05 | 9.41 |
BAG Convergence Offer News
- BAG Convergence RHP
- BAG Convergence Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
BAG Convergence Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 3.36 | 5.42 | 5.82 |
| PE ratio | – | – | 14.12 – 14.95 |
| RONW (%) | NA | 112.94 | 40.96 |
| NAV | (0.62) | 4.80 | 14.22 |
| EBITDA (%) | 26.02 | 35.87 | 39.04 |
| Debt/Equity | 0.00 | 0.00 | 0.57 |
BAG Convergence IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
BAG Convergence IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 10,40,000 | 8,32,000 | 18,88,000 | 37,60,000 |
| 3 Oct 2025 | 1.38 | 2.97 | 0.83 | 1.45 |
| 1 Oct 2025 | 0.00 | 1.38 | 0.19 | 0.40 |
| 30 Sep 2025 | 0.00 | 0.71 | 0.09 | 0.20 |
The market maker reservation portion of 2,80,000 shares and the anchor investor portion of 15,60,000 shares are not included in the above calculations.
BAG Convergence IPO Allotment Status
BAG Convergence IPO allotment status is now available on the Maashitla Securities website. Click on this link to get allotment status.
BAG Convergence IPO Dates & Listing Performance
| IPO Opening Date | 30 September 2025 |
| IPO Closing Date | 3 October 2025 |
| Finalization of Basis of Allotment | 6 October 2025 |
| Initiation of refunds | 6 October 2025 |
| Transfer of shares to demat accounts | 7 October 2025 |
| IPO Listing Date | 8 October 2025 |
| Opening Price on NSE SME | INR 101 per share (up 16.09%) |
| Closing Price on NSE SME | INR 106.05 per share (up 21.90%) |
BAG Convergence Offer Lead Manager
INVENTURE MERCHANT BANKER SERVICES PRIVATE LIMITED
2nd Floor, Viraj Tower, Nr. Andheri Flyover (North End),
Western Express Highway, Andheri (East) Mumbai – 400 069
Phone:+91 22 4075 1500
Email: [email protected]
Website: www.inventuremerchantbanker.com
BAG Convergence Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone: 011-47581432
Email: [email protected]
Website: www.maashitla.com
BAG Convergence Contact Details
B.A.G. CONVERGENCE LIMITED
FC-23, Sector-16A, Film City,
Noida-201301, Uttar Pradesh, India
Phone: +91 120 4602424
E-mail: [email protected]
Website: www.bagconvergence.in
IPO FAQs
What is the BAG Convergence offer size?
BAG Convergence offer size is INR 45.92 – 48.72 crores.
What is the BAG Convergence offer price band?
BAG Convergence public offer price is INR 82 – 87 per share.
What is the lot size of the BAG Convergence IPO?
BAG Convergence offer lot size is 1,600 shares.
What is BAG Convergence IPO GMP today?
BAG Convergence IPO GMP today is INR NA per share.
What is the BAG Convergence kostak rate today?
BAG Convergence kostak rate today is INR NA per application.
What is BAG Convergence IPO Subject to Sauda rate today?
BAG Convergence Subject to Sauda rate today is INR NA per application.