| Category | Subscription | Shares Offered | % of Total | Amount (₹Cr) |
|---|---|---|---|---|
|
Market Maker
|
Awaited |
280,000
5% |
5%
|
₹2.44 |
|
QIB
|
Over 1.00x
|
2,600,000
46.43% |
46.43%
|
₹22.62 |
|
NII / HNI
|
Over 1.00x
|
832,000
14.86% |
14.86%
|
₹7.24 |
|
Retail
|
Over 1.00x
|
1,888,000
33.71% |
33.71%
|
₹16.43 |
| Total | 1.00x | 5,600,000 |
100% | ₹48.72 |
| Category | Shares Offered | Amount (₹Cr) | Size (%) |
|---|---|---|---|
| QIB | 2,600,000 | ₹22.62 |
46.43%
|
| Market Maker | 280,000 | ₹2.44 |
5.00%
|
| NII | 832,000 | ₹7.24 |
14.86%
|
| Retail | 1,888,000 | ₹16.43 |
33.71%
|
| Total | 5,600,000 | ₹48.72 |
100.00%
|
| QIB | NII | Retail | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (shares) | — | — | — | — | — | 832,000 | 1,888,000 | 2,720,000 |
| Allotment price (₹) | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (₹Cr) | — | — | — | — | — | — | ₹16.43 | ₹16.43 |
| Times subscribed | 1 | — | — | — | — | 1 | 1 | 1 |
| Shares allotted | — | — | — | — | — | 832,000 | 1,888,000 | 2,720,000 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 3,200 | ₹278,400 |
| Retail (Max — 13 Lots) | 13 | 20,800 | ₹1,809,600 |
| S-HNI (Min — 14 Lots) | 14 | 22,400 | ₹1,948,800 |
| B-HNI (Min — 68 Lots) | 68 | 108,800 | ₹9,465,600 |
B.A.G.Convergence Ltd is proposing an IPO on NSE SME under the SME category. Total issue: 56,00,000 shares (aggregating up to ₹48.72 Cr).
Opens 30 Sep 2025, closes 03 Oct 2025. Listing: 08 Oct 2025. Apply via ASBA or UPI.
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 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% | — | — |
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 Category | Subscription |
|---|---|
| Qualified Institutional (QIB) | 1.00x |
| Non Institutional (NII/HNI) | 1.00x |
| Retail Individual | 1.00x |
| Total Subscription | 1.00x |
The B.A.G.Convergence Ltd IPO retail category is subscribed 1.00 times as of 03 Oct 2025. The retail portion is oversubscribed.
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.
The B.A.G.Convergence Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.
Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 09 Oct 2025. Refunds: on 10 Oct 2025.
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.
The B.A.G.Convergence Ltd IPO closes on 03 Oct 2025, Friday. UPI mandate: 2025-10-03. Allotment: 09 Oct 2025. Listing: 08 Oct 2025.