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B.A.G Convergence IPO GMP: Day 2 IPO Live Updates

  • October 1, 2025
  • Posted by: sachet
  • Category: IPO
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B.A.G Convergence IPO GMP: Day 2 IPO Live Updates

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The B.A.G Convergence IPO GMP is ₹0 as of 1st October 2025. It is a book-building IPO of ₹48.72 crores, comprising a fresh issue of 0.56 crores shares. The issue will be listed on NSE and SME on its tentative listing date, 8th October 2025. The face value of B.A.G Convergence shares stands at ₹10 per share, and the IPO price band is set at ₹82 to ₹87 per share. Retail investors can bid for a minimum of 2 lots of 3,200 shares worth ₹2,78,000.

Table of Contents

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  • B.A.G Convergence IPO Grey Market Premium
  • B.A.G Convergence IPO Details
    • Explanation
  • Objectives of the B.A.G. Convergence IPO
  • B.A.G Convergence IPO Registrar
  • B.A.G. Convergence IPO Review  
  • Technical Analysis
  • FAQs on B.A.G Convergence IPO
    • What is the GMP of the B.A.G Convergence IPO?
    • What is the issue price of the B.A.G. Convergence IPO?
    • Who is the registrar of the B.A.G. Convergence IPO?
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B.A.G Convergence IPO Grey Market Premium

As of 1st October 2025, the B.A.G Convergence IPO GMP stands at ₹0 per share. Thus, the estimated listing price would be ₹87. This indicates that the estimated listing gain in this IPO could be 0.00%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the B.A.G Convergence IPO GMP updates.

GMP DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
1-10-2025₹87.00₹0.00₹87.0013.55%
30-09-2025₹87.00₹0.00₹87.0013.55%
29-09-2025₹87.00₹0.00₹87.0013.55%
28-09-2025₹87.00₹0.00₹87.0013.55%
27-09-2025₹87.00₹0.00₹87.0013.55%
26-09-2025₹87.00₹0.00₹87.0013.55%
25-09-2025₹87.00₹0.00₹87.0013.55%
24-09-2025₹87.00₹0.00₹87.0013.55%

B.A.G Convergence IPO Details

IPO Open Date30th September 2025
IPO Close Date3rd October 2025
IPO Allotment Date6th October 2025
Refund Initiation 7th October 2025
Issue Size56,00,000 shares(aggregating up to ₹48.72 Cr)
Face Value₹10 per share
Lot Size1,600 shares
Issue Price Final₹82 and ₹87 per share
Issue TypeBookbuilding IPO
Listing AtBSE & SME
Listing Date8th October 2025

Explanation

B.A.G Convergence IPO: B.A.G Convergence Limited has announced that the issue price is set at ₹82 to ₹87 per share. With this IPO, the company allows retail investors to bid for two lots of 3,200 shares worth ₹2,78,400. The face value of B.A.G Convergence Limited shares is ₹10 per share. The shares of B.A.G Convergence Limited will be listed on NSE and SME on its tentative listing day, 8th October 2025. Scroll down to view GMP updates and reviews of the B.A.G Convergence IPO. 

Objectives of the B.A.G. Convergence IPO

The primary aim of the B.A.G. Convergence IPO is to raise ₹48.72 crore. On the other hand, B.A.G. Convergence has decided to utilise these funds in different ways. Explore some of the secondary objectives for the B.A.G. Convergence IPO.

  • To the Expansion of Existing Businesses
  • To Acquisition/ Production of Content
  • To Brand building expenses
  • To General Corporate Purposes

B.A.G Convergence IPO Registrar

Maashitla Securities Private Limited is the registrar of the B.A.G. Convergence IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the B.A.G. Convergence allotment and refund, you can contact Maashitla Securities Private Limited at ipo@maashitla.com   or 91-11-45121795-96.

B.A.G. Convergence IPO Review  

The B.A.G Convergence IPO has gained neutral ratings from industry experts, brokers, and institutional investors. B.A.G. Convergence Limited’s revenue increased by 1% from ₹65.24 crores in March 2024 to ₹64.53 crores in March 2025. Moreover, the company’s PAT fell by 6% from ₹6.52 crores to ₹6.11 crores.

Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the B.A.G. Convergence IPO or not.

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the B.A.G. Convergence IPO.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 13.95
EPS (Earnings Per Share)1.51
RoNW62.91%
ROCE32.29%
ROE62.91%
EBITDA Margin16.36%
Price to Book Value8.79
Market Capitalisation₹115.07 Cr.

The P/E ratio of B.A.G. Convergence Limited’s share is 13.95, and its Earnings Per Share (EPS) stands at 1.51. Thus, the B.A.G. Convergence Limited IPO can deliver gains on its tentative listing date, 6th October  2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of B.A.G. Convergence Limited are subject to change following the IPO. Refer to the table below for post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio13.9519.11
EPS 1.511.10

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FAQs on B.A.G Convergence IPO

What is the GMP of the B.A.G Convergence IPO?

Ans. As of 1st October 2025, the B.A.G Convergence (Grey Market Premium) stands at ₹0. This suggests that the estimated listing price could be ₹87 per share.

What is the issue price of the B.A.G. Convergence IPO?

Ans. The B.A.G. Convergence IPO price is set between ₹82 to ₹87 per share.  Retail investors can apply for a minimum of 2 lots, each consisting of 3,200 shares, worth ₹2,78,400. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth ₹4,17,600.

Who is the registrar of the B.A.G. Convergence IPO?

Ans Maashitla Securities Private Limited is the registrar of the B.A.G. Convergence IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the B.A.G. Convergence allotment and refund, you can contact Maashitla Securities Private Limited at ipo@maashitla.com   or 91-11-45121795-96.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the B.A.G Convergence IPO, download the B.A.G Convergence IPO RHP and B.A.G Convergence IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.

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B.A.G Convergence IPO GMP

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