B.A.G. Convergence IPO GMP & Review: Should You Apply or Avoid?

Check Expert’s Verdicts on B.A.G. Convergence IPO

B.A.G. Convergence’s IPO is open for bidding from 30th September 2025 to 3rd October 2025. It is a book-building IPO of ₹48.72 crores, comprising an entirely fresh issue of ₹0.56 crores. The problem will be listed on NSE and SME on its tentative listing date, 8th October 2025. 

B.A.G. Convergence IPO Details 

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’s IPO shares is ₹10 per share, and the IPO price is set between ₹82 and ₹87 per share.

Maashitla Securities Private Limited is the registrar of the B.A.G. Convergence IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

B.A.G. Convergence IPO Share Reservation

B.A.G. Convergence’s IPO is a book-building IPO of ₹48.72 crores, comprising an entirely fresh issue of 0.56 crore shares, which will be listed on the BSE and SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

B.A.G. Convergence IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Would you like to receive live updates on the B.A.G. Convergence IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of September 26, 2025, B.A.G. Convergence’s IPO GMP stands at ₹0 per share, indicating that the share is likely to list at ₹87 on its tentative listing date, October 6, 2025.

GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the B.A.G. Convergence GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

B.A.G. Convergence IPO GMP Review

Check out the detailed B.A.G. Convergence GMP IPO review for a thorough understanding of its potential to report listing gains on 8th October 2025. The B.A.G. Convergence IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to understand the business’s financial growth margins and declines before applying for the B.A.G. Convergence IPO.

B.A.G. Convergence Limited’s revenue increased by 18% from ₹30.33 crores in March 2024 to ₹35.85 crores in March 2025. Moreover, the company’s PAT rose by 17% from ₹8.05 crores to ₹9.41 crores.

B.A.G. Convergence Limited’s IPO has demonstrated consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for the B.A.G. Convergence IPO on its tentative listing day, 8th October 2025.  

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.

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. 

B.A.G. Convergence IPO Subscription Status

The B.A.G. Convergence IPO is scheduled to open for bidding on September 30, 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live B.A.G. Convergence IPO subscription status. 

About B.A.G. Convergence Limited

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.

B.A.G. Convergence Limited Financials

The company’s financial analysis is essential before applying for the B.A.G. Convergence  IPO. Refer to the table to learn about B.A.G. Convergence Limited’s financial information. 

Explanation

B.A.G. Convergence Limited’s revenue increased by 96% from ₹30.57 crores in March 2024 to ₹59.80 crores in March 2025. Moreover, the company’s PAT rose by 898% from ₹0.60 crores to ₹6.02 crores.

B.A.G. Convergence IPO Bidding Requirements

Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

B.A.G. Convergence’s IPO has reserved lot sizes for different investor categories. Refer to the table below to view the requirements for applying to this IPO.

Use the lot size calculator to find how many shares you should apply for!

B.A.G. Convergence IPO Promoter Holding

Refer to the table below to review the holdings of B.A.G. Convergence Limited’s promoters: Sanjay Singhania, Ajay DD Singhania, Bajrang Bothra, Laxmi Pat Bothra and Nikhil Bothra.

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Aim 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

Should I Invest in the B.A.G. Convergence IPO?

Explore the pros and cons of B.A.G. Convergence to know whether you should apply or avoid the issue. These pros and cons may help you understand the IPO’s efficiency in generating profits in the coming decades. 

Pros of B.A.G. Convergence IPO

• The company has a strong legacy in Media & Broadcasting
• The company has advanced production and manufacturing capabilities
• The company has a diversified content portfolio

Cons of B.A.G. Convergence IPO

• The company has a high minimum investment and a large lot size
• The company’s use of IPO proceeds has execution risk
• The company’s dependence on the pr,oters control

How to Apply for the B.A.G. Convergence IPO?

Please follow the steps outlined below to apply for a position at B.A.G. Convergence Limited.

• Step 1: Conduct thorough research on the B.A.G. Convergence IPO, including GMP, subscription status, issue size, lot size, and other relevant details. 
• Step 2: Open a demat account with Univest to gain real-time insights into GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Place a bid for two lots of 3,200 shares, valued at ₹2,78,400.
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the B.A.G. Convergence IPO from more than one demat account to increase your chances of allotment. 

How to Check B.A.G. Convergence IPO Allotment Status?

You can check whether the B.A.G. Convergence IPO allotment has been completed in various ways. These include NSE and the registrar portal. Refer to the steps below to check your allotment status online.

Check On BSE

• Visit the NSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the B.A.G. Convergence IPO.  
• Choose whether to proceed with the PAN number or the application number. 
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your B.A.G. Convergence IPO allotment status.

Let’s Wrap

B.A.G. Convergence’s IPO is a fresh issue of shares worth ₹31.07 crore. The shares of B.A.G. Convergence Limited will be listed on BSE and SME on its tentative listing date of 3rd October 2025. Researching the B.A.G. Convergence IPO GMP and reviews is highly recommended to secure your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on B.A.G. Convergence IPO

How is the B.A.G. Convergence IPO?

Ans. As of 26th September 2025, the B.A.G. Convergence IPO GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹87.00 per share. It is a book-building IPO of ₹48.72 crore, comprising an entirely fresh issue of ₹0.56 crore. The face value of each share of B.A.G. Convergence Limited is ₹10 per share.

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

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.

Is the B.A.G. Convergence IPO a good investment?

Ans. 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.

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.

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

Ans. B.A.G. Convergence’s IPO is a book-building IPO of ₹48.72 crore, comprising an entirely fresh issue of 0.56 crore shares. Moreover, the IPO is set to open on 30th September 2025 and will be closed on 3rd October 2025. 

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 the 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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