B.A.G.Convergence IPO Allotment Status

B.A.G. Convergence IPO has launched its ₹48.72 crore book-built issue IPO, consisting entirely of a fresh issue of 0.56 crore equity shares. The price band has been fixed between ₹82 and ₹87 per share, with applications open from September 30, 2025 to October 3, 2025. The allotment of shares is likely to be finalised on October 6, 2025, while the tentative listing date on NSE SME is scheduled for October 8, 2025.

For investors, the minimum application size is 1,600 shares per lot. This means retail participants must apply for at least 3,200 (2 lots) shares, translating into an investment of ₹2,78,400 at the upper price band. High-net-worth individuals are required to bid for a minimum of three lots, amounting to 4,800 shares or ₹4,17,600.

The IPO is being managed by Inventure Merchant Banker Services Pvt. Ltd., with Maashitla Securities Pvt. Ltd. serving as the registrar and ACME Capital Market Ltd. acting as the market maker. 

By the third day of bidding, the IPO had been subscribed 0.40 times overall. The retail quota saw a subscription of 0.26 times, qualified institutional buyers did not participate, while the non-institutional category recorded 1.20 times subscription.

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

• Go to the application status page
• Select "Equity and SME IPO bids"
• Choose "B.A.G.Convergence" from the Issue Name dropdown
• Provide your Application Number or PAN
• Click on Submit

How to Check B.A.G.Convergence IPO Allotment Status Online on the Registrar’s Website?

• Go to the registrar’s official website
• Select "B.A.G.Convergence" from the company list
• Enter your Client ID, Application Number, or PAN
• Click on Submit

B.A.G.Convergence IPO Details

B.A.G. Convergence Limited has launched an IPO worth ₹48.72 crore, entirely a fresh issue of 0.56 crore equity shares. The price band is set between ₹82 and ₹87 per share. The IPO opened on September 30, 2025 and will close on October 3, 2025. 

The allotment is expected on October 6, 2025, with a tentative listing on October 8, 2025 at the NSE SME platform. Investors can apply for a minimum lot of 1,600 shares, meaning retail applicants must invest at least ₹2,78,400 for 3,200 shares, while HNIs need three lots or 4,800 shares worth ₹4,17,600. 

By the third day of bidding, the IPO had been subscribed 0.41 times overall, with strong demand from non-institutional investors.

Allocation Quota for B.A.G.Convergence

The table below breaks down the B.A.G.Convergence share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.

Data Source: NSE

B.A.G.Convergence IPO – Overall Subscription Status

Note: The subscription details is as of October 3, 2025, at 3:05 PM

B.A.G.Convergence Business Overview

Incorporated in April 2007, B.A.G. Convergence Limited is a media and broadcasting company that provides technical assistance and production services for television channels and digital platforms. 

The company began its journey with the launch of its first website, news24online.com, and has since expanded its content footprint across YouTube, Facebook, Instagram, and Connected TV (CTV) through partnerships with brands like Samsung.

B.A.G. Convergence specialises in AI-driven content creation, cloud-based broadcasting, high-definition and 4K video production, as well as developing content for OTT and streaming platforms, enabling wider audience reach.

As of August 31, 2025, the company had a workforce of 87 employees across various departments. Leveraging decades of experience as part of the B.A.G. Network, it operates with advanced production infrastructure and a diversified content portfolio. Its agile and innovative approach ensures adaptation to emerging trends and technologies, delivering high-quality, engaging media across multiple platforms.

Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.