B.A.G.Convergence IPO Date, Price, Lot Size, Allotment
B.A.G.Convergence IPO is all set to open on September 30, 2025 and close on October 3, 2025. This SME IPO is a Book Built Issue, B.A.G.Convergence Limited is aiming to raise approximately ₹48.72 Crores, through a fresh issue of equity shares. The IPO price band has been fixed at ₹82 to ₹87 per share, and it will be listed on National Stock Exchange SME on October 8, 2025. The allotment of B.A.G.Convergence IPO will be finalized on October 6, 2025, and investors can check the allotment status through the registrar’s website.
Investors can consider applying for the Initial Public Offering for long-term holding. There is a good investment opportunity as the company reported revenue of ₹35.85 crores in FY2025, which is higher then previous year, ₹30.33 crores in FY2024 and profit of ₹9.41 crores versus ₹8.05 crores in the previous year.
B.A.G.Convergence IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | September 30, 2025 |
| IPO Close Date | October 3, 2025 |
| Price Band | ₹82 – ₹87 per Share |
| Face Value | ₹10 per Share |
| Issue Size | ₹48.72 Crores (Fresh Issue) |
| Issue Type | Book Built Issue |
| Listing Date | NSE SME on October 8, 2025 |
| Minimum Market Lot | 3,200 shares |
| Retail Quota | 35% |
| QIB Quota | 50% |
| HNI Quota | 15% |
| IPO Allotment Date | October 6, 2025 |
| Revenue FY2025 | ₹35.85 Cr. |
| Profit FY2025 | ₹9.41 Cr. |
| B.A.G.Convergencs Promoters | Abhiraj Singh Bhal, Raghav Chandra, Varun Khaitan |
| Promoter Holding Post-Issue | 65.93% |
| Objects of the Issue | Business expansion, content acquisition, brand building |
Also Read: Fabtech Technologies IPO 2025
Market Lot Size
The minimum lot size of B.A.G.Convergence IPO for retail investors is 3,200 shares, amounting to ₹2,78,400 at the upper price band.
| Investor Type | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | 2,78,400 |
| Retail Maximum | 2 | 3,200 | 2,78,400 |
| S-HNI Minimum | 3 | 4,800 | 4,17,600 |
| S-HNI Maximum | 7 | 11,200 | 9,74,400 |
| B-HNI Minimum | 8 | 12,800 | 11,13,600 |
B.A.G.Convergence IPO Reservation
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Anchor Investor | – | – |
| QIB (Ex. Anchor) | – | 50% |
| NII Shares | – | 15% |
| Retail Shares | – | 35% |
Anchor Investors will bid on September 29, 2025, with 15,60,000 shares offered. The anchor size is ₹13.57 Cr. Lock-in period for 50% of shares ends on November 5, 2025, and remaining 50% ends on January 4, 2026.
Objects of the Issue
The funds raised through the B.A.G.Convergence IPO will used for varioud objectives, indicating a high focus on growth, content development, and expansion of brand, aiming to deliver long-term value to investors.
- Expansion of Existing Business: There is a requirement of funds will be used to scale operations and strengthen business infrastructure.
- Acquisition/Production of Content: A part of funds will be allocated to create or acquire high-quality content to enhance the company’s offerings.
- Brand Building Expenses: Approximately ₹5.00 Crores will be invested by the company in marketing, branding and promotional activities to increase brand visibility.
- General Corporate Purposes: The remaining funds, if any, the company will use it for general corporate purposes. Funds are required to support overall business growth.
Disclaimer: This article is for educational and informational purposes only and should not be considered investment advice. Investors should conduct their own research and read and understand all official company documents, including the DRHP/RHP, with the assistance of a legally registered and certified financial professional before making any investment decisions. Any opinions or reviews expressed in this article are for informational purposes only and do not constitute a recommendation to buy or sell securities.
Also Read: Jinkushal Industries IPO 2025
Frequently asked questions
B.A.G.Convergence IPO is an SME IPO to raise ₹48.72 Cr. The issue price is ₹82 to ₹87 per share, and it will be listed on NSE SME.
The B.A.G.Convergence Initial Public Offering opens on September 30, 2025 for QIB, NII, and Retail investors.
The allotment is scheduled for October 6, 2025, and refunds will be processed on October 7, 2025.
The IPO will be listed on NSE SME on October 8, 2025.
