{"id":51244,"date":"2025-10-08T15:41:30","date_gmt":"2025-10-08T10:11:30","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=51244"},"modified":"2025-10-08T15:41:59","modified_gmt":"2025-10-08T10:11:59","slug":"b-a-g-convergence-ipo-listing","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/b-a-g-convergence-ipo-listing\/","title":{"rendered":"B.A.G Convergence IPO Listing at 16% premium at \u20b9101 Per Share"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong><em>Click and Sign Up to Get Latest Updates on B.A.G Convergence Limited<\/em><\/strong><\/a><\/p><p><strong><em>B.A.G Convergence IPO Listing:<\/em><\/strong> The B.A.G Convergence IPO was subscribed 1.38 times as of its closing. In this subscription, qualified institutional buyers (QIBs) received 1.38 times the allocation, and non-institutional investors (NIIs) received 2.63 times the allocation. The retail quota of the issue was subscribed to 33.71%. Before delving deeper into the topic, go through the details of the B.A.G. Convergence IPO.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/b-a-g-convergence-ipo-listing\/#BAG_Convergence_IPO_Listing\" title=\"B.A.G Convergence IPO Listing\">B.A.G Convergence IPO Listing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/b-a-g-convergence-ipo-listing\/#BAG_Convergence_IPO_Details\" title=\"B.A.G. Convergence IPO Details\">B.A.G. Convergence IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/b-a-g-convergence-ipo-listing\/#About_BAG_Convergence_Limited\" title=\"About B.A.G Convergence Limited\">About B.A.G Convergence Limited<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/b-a-g-convergence-ipo-listing\/#BAG_Convergence_Limited_Financials\" title=\"B.A.G. Convergence Limited Financials\">B.A.G. Convergence Limited Financials<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/b-a-g-convergence-ipo-listing\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/b-a-g-convergence-ipo-listing\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"BAG_Convergence_IPO_Listing\"><\/span><strong>B.A.G Convergence IPO Listing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>On the NSE and SME platforms, shares are listed at \u20b9101 per share, representing a 16% premium over the issue price of \u20b987.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"BAG_Convergence_IPO_Details\"><\/span><strong>B.A.G. Convergence IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>It is a book-building IPO of \u20b948.72 crores, comprising an entirely fresh issue of \u20b90.56 crores. The problem will be listed on NSE and SME on its tentative listing date, 8th October 2025.&nbsp;<\/p><p>The B.A.G. Convergence IPO date is fixed between 30th September 2025 and 3rd October 2025. The face value of B.A.G. Convergence&#8217;s IPO shares is \u20b910 per share, and the IPO price is set between \u20b982 and \u20b987 per share.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Open Date<\/strong><\/td><td>30th September 2025<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>3rd October 2025<\/td><\/tr><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>6th October 2025<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>7th October 2025<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>56,00,000 shares(aggregating up to \u20b948.72 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b910 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>1,600 shares<\/td><\/tr><tr><td><strong>Issue Price Final<\/strong><\/td><td>\u20b982 and \u20b987 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>BSE &amp; SME<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>8th October 2025<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_BAG_Convergence_Limited\"><\/span><strong>About B.A.G Convergence Limited<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>B.A.G. Convergence Limited was established in 2006. B.A.G. Convergence Limited provides innovative solutions across various sectors, with a focus on sustainability and quality. The company specialises in turnkey EPC projects, focusing on water-based and renewable energy sectors, delivering innovative, sustainable solutions tailored to meet project-specific challenges for optimal performance. The company provides clean, safe water across diverse sectors, including farming irrigation, solar module cleaning, dust suppression in cement factories, and a reliable water supply for residential housing projects. In the renewable energy sector, the company focuses on constructing Compressed Bio-Gas (CBG) plants, providing turnkey execution for civil, mechanical, and pumping systems to ensure seamless project delivery and support sustainable energy solutions.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"BAG_Convergence_Limited_Financials\"><\/span><strong>B.A.G. Convergence Limited Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The company&#8217;s financial analysis is essential before applying for the<strong> B.A.G. Convergence&nbsp; IPO. <\/strong>Refer to the table to learn about B.A.G. Convergence Limited&#8217;s financial information.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Year Ended<\/strong><\/td><td><strong>31st March 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2024 (in cr.)<\/strong><\/td><td><strong>31st March 2023 (in cr.)<\/strong><\/td><\/tr><tr><td><strong>Assets<\/strong><\/td><td>40.58<\/td><td>25.77<\/td><td>22.71<\/td><\/tr><tr><td><strong>Revenue<\/strong><\/td><td>59.80<\/td><td>30.57<\/td><td>33.03<\/td><\/tr><tr><td><strong>Profit After Tax<\/strong><\/td><td>6.02<\/td><td>0.60<\/td><td>0.42<\/td><\/tr><tr><td><strong>Net Worth<\/strong><\/td><td>9.57<\/td><td>3.31<\/td><td>2.32<\/td><\/tr><tr><td><strong>EBITDA<\/strong><\/td><td>9.76<\/td><td>2.36<\/td><td>1.69<\/td><\/tr><tr><td><strong>Reserve and Surplus<\/strong><\/td><td>5.57<\/td><td>3.06<\/td><td>2.32<\/td><\/tr><tr><td><strong>Total Borrowing<\/strong><\/td><td>20.22<\/td><td>16.30<\/td><td>15.92<\/td><\/tr><\/tbody><\/table><\/figure><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>B.A.G. Convergence Limited&#8217;s revenue increased by 96% from \u20b930.57 crores in March 2024 to \u20b959.80 crores in March 2025. Moreover, the company&#8217;s PAT rose by 898% from \u20b90.60 crores to \u20b96.02 crores.<\/p><p><strong><em>Download the <\/em><\/strong><a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest iOS App<\/em><\/strong><\/a><strong><em> or <\/em><\/strong><a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest Android App<\/em><\/strong><\/a><strong><em> to get daily stock recommendations and insightful research pieces!<\/em><\/strong><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/top-10-penny-stocks-in-india\">Top 10 Penny Stocks in India | Penny Stocks to Buy in 2025<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/best-stocks-to-buy-today-6\">Best Stocks to Buy Today: Explore Best Stocks With Expected Trends<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/milky-mist-dairy-foods-ipo-details\">Milky Mist Dairy Foods IPO Details: Everything You Should Know about<\/a>&nbsp;<\/p><p><a href=\"https:\/\/univest.in\/blogs\/karbonsteel-engineering-ipo-gmp-review\">Karbonsteel Engineering IPO GMP &amp; Review: Should You Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/taurian-mps-ipo-gmp-review\">Taurian MPS IPO GMP &amp; Review: Should You Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/shringar-house-of-mangalsutra-ipo-gmp-review\">Shringar House of Mangalsutra IPO GMP &amp; Review: Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/dev-accelerator-ipo-gmp-review\">Dev Accelerator IPO GMP &amp; Review: Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/vigor-plast-india-ipo-listing-preview\">Vigor Plast India IPO Listing Preview: What to Expect Now?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/krupalu-metals-ipo-gmp-live-updates-2\">Krupalu Metals IPO GMP: Day 3 IPO Live Updates<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Click and Sign Up to Get Latest Updates on B.A.G Convergence Limited B.A.G Convergence IPO Listing: The B.A.G Convergence IPO was subscribed 1.38 times as of its closing. In this subscription, qualified institutional buyers (QIBs) received 1.38 times the allocation, and non-institutional investors (NIIs) received 2.63 times the allocation. The retail quota of the issue<\/p>\n","protected":false},"author":23,"featured_media":51245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[2481],"class_list":["post-51244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-b-a-g-convergence-ipo-gmp"],"metadata":{"_edit_lock":["1759918319:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["75"],"rank_math_title":["B.A.G Convergence IPO Listing: Check Experts' Verdicts Here"],"rank_math_description":["B.A.G Convergence IPO Listing at \u20b9101, a premium of 16% over the IPO price of \u20b987 per share. What should be your next move on the B.A.G. Convergence IPO? 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