
B.A.G Convergence IPO GMP: Day 3 IPO Live Updates
Posted by : sachet | Fri Oct 03 2025

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The B.A.G Convergence IPO GMP is ₹0 as of 3rd 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.
B.A.G Convergence IPO Grey Market Premium
As of 3rd 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 Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
3-10-2025 | ₹87.00 | ₹0.00 | ₹87.00 | 13.55% |
2-10-2025 | ₹87.00 | ₹0.00 | ₹87.00 | 13.55% |
1-10-2025 | ₹87.00 | ₹0.00 | ₹87.00 | 13.55% |
30-09-2025 | ₹87.00 | ₹0.00 | ₹87.00 | 13.55% |
29-09-2025 | ₹87.00 | ₹0.00 | ₹87.00 | 13.55% |
28-09-2025 | ₹87.00 | ₹0.00 | ₹87.00 | 13.55% |
27-09-2025 | ₹87.00 | ₹0.00 | ₹87.00 | 13.55% |
26-09-2025 | ₹87.00 | ₹0.00 | ₹87.00 | 13.55% |
25-09-2025 | ₹87.00 | ₹0.00 | ₹87.00 | 13.55% |
24-09-2025 | ₹87.00 | ₹0.00 | ₹87.00 | 13.55% |
B.A.G Convergence IPO Details
IPO Open Date | 30th September 2025 |
IPO Close Date | 3rd October 2025 |
IPO Allotment Date | 6th October 2025 |
Refund Initiation | 7th October 2025 |
Issue Size | 56,00,000 shares(aggregating up to ₹48.72 Cr) |
Face Value | ₹10 per share |
Lot Size | 1,600 shares |
Issue Price Final | ₹82 and ₹87 per share |
Issue Type | Bookbuilding IPO |
Listing At | BSE & SME |
Listing Date | 8th 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 Indicators | Value |
PE Ratio (Price-to-Earnings) | 13.95 |
EPS (Earnings Per Share) | 1.51 |
RoNW | 62.91% |
ROCE | 32.29% |
ROE | 62.91% |
EBITDA Margin | 16.36% |
Price to Book Value | 8.79 |
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.
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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 3rd 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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