Upcoming IPO: The preliminary public providing (IPO) of the SME agency, B.A.G Convergence Ltd, a digital media firm managing News24 and E24, is about to open for public bidding on Tuesday, 30 September 2025.
BAG Convergence is a digital media firm based in 2007. The corporate operates throughout multimedia platforms like the net, apps, social media, YouTube, and related TV platforms, overlaying information, leisure, sports activities, spirituality, and auto, amongst different beats.
“With over 29 million YouTube subscribers, 31 million Fb followers, and a powerful presence on Instagram, Twitter, and our web site, we stay dedicated to delivering genuine, partaking, and well timed information and leisure nationwide,” stated Anuradha Shukla, Chairperson & Managing Director of B.A.G. Convergence Ltd.
10 key issues to find out about BAG Convergence IPO
1. BAG Convergence IPO date: The general public concern opens for public subscription on Tuesday, 30 September 2025, whereas the deadline is about to be on Friday, 3 October 2025.
2. BAG Convergence IPO value band: B.A.G Convergence has mounted the worth band for the general public concern within the vary of ₹82 to ₹87 per share with a face worth of ₹10 per share.
3. BAG Convergence IPO lot measurement: The general public concern has so much measurement of 1,600 fairness shares per lot and a minimal of two tons per massive. The corporate is providing a complete of 56,00,000 fairness shares to buyers through the IPO spherical.
4. BAG Convergence IPO anchor spherical: As per the scheduled date, the anchor spherical for the IPO is about to be hosted on Monday, 29 September 2025, the day earlier than the general public concern opens for bidding on the Indian inventory market.
The corporate plans to allot as much as 15,60,000 fairness shares to the Certified Institutional Patrons (QIBs) on the anchor portion of the problem.
5. BAG Convergence IPO supply particulars: The BAG Convergence is providing a book-built public concern comprising a wholly contemporary issuance of as much as 56,00,000 fairness shares, with a face worth of ₹10 apiece. The corporate goals to lift ₹48.72 crore from the Indian inventory market through the IPO spherical.
6. BAG Convergence IPO goal: The corporate has additionally disclosed that the proceeds from the IPO will probably be used to fund the growth of its current companies, acquisition or manufacturing of content material, and brand-building bills. The remaining funds will probably be allotted to basic company functions.
“It will allow us to proceed offering dependable and related content material to our audiences throughout India,” stated Anuradha Shukha, the chairman and MD of B.A.G. Convergence Ltd.
7. BAG Convergence IPO allotment and itemizing date: In line with Chittorgarh knowledge, the BAG Convergence IPO shares will probably be allotted to buyers on Monday, 6 October 2025, whereas the corporate shares are anticipated to be listed on the NSE SME index on Wednesday, 8 October 2025.
8. BAG Convergence IPO book-runner, registrar: Inventure Service provider Banker Companies Personal Restricted is the book-running lead supervisor of the general public concern, whereas Maashitla Securities Personal Restricted is the registrar of the supply.
ACME Capital Market Ltd is the market-maker for the corporate.
9. BAG Convergence IPO reservations: In line with the draft papers, the corporate plans to allocate as much as 10,40,000 fairness shares to the QIB portion, whereas allocating as much as 8,32,000 shares to the Non-Institutional Buyers (NIIs), and never lower than 18,88,000 fairness shares to the retail buyers.
The corporate additionally disclosed that 2,80,000 fairness shares will probably be allotted to the market maker of the IPO.
10. BAG Convergence IPO newest GMP: As of Friday, 26 September 2025, the gray market premium (GMP) of the BAG Convergence IPO stands flat at ₹0 per share.
With the higher value band of the IPO at ₹87, the shares are anticipated to be listed at ₹87 apiece, marking a flat premium on the Indian inventory market, in accordance with the information collected from Investorgain. Gray market premium (GMP) is an indicator of an investor’s willingness to put money into a main concern.
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