ad

B.A.G Convergence IPO Listing at 16% premium at ₹101 Per Share

Wed Oct 08 2025

B.A.G Convergence IPO Listing at 16% premium at ₹101 Per Share

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 was subscribed to 33.71%. Before delving deeper into the topic, go through the details of the B.A.G. Convergence IPO.

B.A.G Convergence IPO Listing

On the NSE and SME platforms, shares are listed at ₹101 per share, representing a 16% premium over the issue price of ₹87.

B.A.G. Convergence IPO Details

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. 

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.

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

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. 

Year Ended31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets40.5825.7722.71
Revenue59.8030.5733.03
Profit After Tax6.020.600.42
Net Worth9.573.312.32
EBITDA9.762.361.69
Reserve and Surplus5.573.062.32
Total Borrowing20.2216.3015.92

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.

Download the Univest iOS App or Univest Android App to get daily stock recommendations and insightful research pieces!

Recent Articles

Top 10 Penny Stocks in India | Penny Stocks to Buy in 2025

Best Stocks to Buy Today: Explore Best Stocks With Expected Trends

Milky Mist Dairy Foods IPO Details: Everything You Should Know about 

Karbonsteel Engineering IPO GMP & Review: Should You Apply or Avoid?

Taurian MPS IPO GMP & Review: Should You Apply or Avoid?

Shringar House of Mangalsutra IPO GMP & Review: Apply or Avoid?

Dev Accelerator IPO GMP & Review: Apply or Avoid?

Vigor Plast India IPO Listing Preview: What to Expect Now?

Krupalu Metals IPO GMP: Day 3 IPO Live Updates