NSE SME Bookbuilding IPO Fresh Capital Closed
B.A.G.Convergence Ltd IPO 2026
₹87
Issue Price
+₹7
GMP Today
56,00,000 (100.00%)
Total Shares Offered
₹94
Est. Listing
📅
Open Date
2025-09-30
📅
Close Date
2025-10-03
🎟️
Allotment
2025-10-06
⚡
UPI Mandate
2025-10-03
📱
Listing Date
2025-10-08
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹7
+8.05% vs Issue Price
Estimated Listing: ₹94
Issue Price: ₹87
· Lot: 1,600 shares
Expected P&L (1 lot):
+₹11,200
on ₹139,200
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 35.85 | 30.33 | 24.96 |
| Profit After Tax | 9.41 | 8.05 | 4.99 |
| EBITDA | 13.99 | 10.88 | 6.49 |
| Net Worth | 22.21 | 7.11 | -0.92 |
| Total Assets | 43.84 | 18.33 | 11.57 |
| Reserves & Surplus | 6.59 | 7.10 | -0.93 |
| Total Borrowings | — | — | — |
Key Financial Ratios
40.96%
RONW
Return on Net Worth
25.37%
PAT Margin
PAT / Revenue
39.04%
EBITDA Mgn
EBITDA / Revenue
0.57
D/E Ratio
Debt to Equity
18.13
P/BV
Price to Book Value
Issue Details
Total Shares Offered
56,00,000 (100.00%)
Net Offer to Public
53,20,000 shares (aggregating up to ₹46.28 Cr)
Market Maker Reservation
2,80,000 shares (aggregating up to ₹2.44 Cr)
Pre-Issue Shareholding
1,56,18,800 shares%
Post-Issue Shareholding
2,12,18,800 shares%
Issue Price
₹87
Face Value
₹10
Lot Size
1,600 shares
Listing Exchange
NSE SME
Issue Type
Bookbuilding IPO
Objects of Issue
Expansion of Existing Busines
Acquisition/ Production of Content
Brand building expenses
General Corporate Purposes
Lead Managers
Inventure Merchant Banker Services Pvt.Ltd
IPO Timeline
Open
2025-09-30
Close
2025-10-03
Allotment
2025-10-06
Listing
2025-10-08
Registrar Details
Company Information
Website
Email
kriti.jain@bagconvergence.in
Phone
+91 120 4602424
Address
352, Aggarwal Plaza Plot No. 8, Kondli East Delhi, New Delhi, 110096
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.
Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹87
Lot Size
1,600 sh
Est. Listing
₹94
Pre-Issue Hold.
1,56,18,800 shares%
Post-Issue Hold.
2,12,18,800 shares%
Registrar
Maashitla Securities Pvt.Ltd
GMP Profit Calculator
Est. Listing
GMP %
1 Lot Investment
Total Investment
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