Live GMP Logo
B.A.G.Convergence IPO

B.A.G.Convergence IPO

smelisted
Registrar: Maashitla Securities Pvt.Ltd. · Listing 2025-10-08
IPO Timeline
Today · 20 Oct 2026
Opens
30 Sept 2025
Closes
03 Oct 2025
Allotment
06 Oct 2025
Refund
07 Oct 2025
Demat
07 Oct 2025
Listing
08 Oct 2025
Price Band
₹82–87
GMP
₹0
0%
Lot Size
1600 Shares
Min ₹139,200
Subscription
0x
Issue Size
₹48 Cr
Open
2025-09-30
Close
2025-10-03
Listing
2025-10-08

About the company

Incorporated in 2007, B.A.G Convergence Limited is a growing digital media and technology company specialising in digital content creation, producing text, audio, video, and infographics including a wide range of categories such as current affairs, sports, infotainment and more. The company operates through website like news24online.com, e24bollywood.com and mobile apps like News24, E24 in english and hindi. The company generates revenue through ad revenue, while content aggregators and government agencies help generate additional income. In FY25, domestic digital services constituted 78.13% of revenue, while rest of the digital income came in foreign currency. Meanwhile, delivery channels like website URL accounted for 74.48% of the revenue led by news24online.com (37.54%) and hindi.news24online.com (30.70%), while social media account offerings contributed 25.52% of revenue, led by Youtube contributing 22.74%.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      QIB0x
      NII0x
      EMP0x
      OTHER0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 08 Oct 2025
      Listed 377 days ago
      1. IPO Opens

        Completed
        30 Sept 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        03 Oct 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        06 Oct 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        07 Oct 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        07 Oct 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        08 Oct 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1600 shares
      Price / Share (upper)
      ₹87
      Min Investment (1 lot)
      ₹139,200
      Price Band
      ₹82–87
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1600
      Min amount
      ₹139,200
      Max amount
      ₹139,200
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      3200
      Min amount
      ₹278,400
      Max amount
      ₹278,400

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹24 Cr
      Shares offered
      2,840,237
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹7.2 Cr
      Shares offered
      852,071
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹16.8 Cr
      Shares offered
      1,988,166
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).