B.A.G. Convergence IPO Allotment Status: Check Overall Subscription and Steps to Verify Status

B.A.G Converge Limited opened its Initial Public Offering (IPO) on September 30, 2025. The bidding window for the B.A.G Convergence IPO was open till October 3, 2025, and the allotment process for the IPO is expected to be finalised today, on October 6, 2025.

The company provides digital media solutions, focusing on content creation, distribution, and media management for websites, mobile apps, podcasts, and regional digital channels. The shares of B.A.G. Convergence Limited will be listed on the NSE, with a tentative listing date set for October 8, 2025.

Steps to Check B.A.G. Convergence IPO Allotment Status on NSE

Here is the process to check the B.A.G Convergence IPO Allotment on NSE:

• Open the Application Status page of NSE here. 
• Choose 'Equity & SME IPO bid details'. 
• Select 'B.A.G Convergence' from the list of companies. 
• Enter your IPO application number and PAN details. 
• Click the submit button to review the details of your share allotment. 

Steps to Check B.A.G. Convergence IPO Allotment Status on Maashitla Securities (Registrar to the issue)

• Visit the Maashitla’s IPO allotment verification status page here. 
• Select “B.A.G Convergence Limited” under “Please select company”.
• Enter any of the following details. 
• PAN
• Application Number
• Demat Account Number
• Click “Submit”.

B.A.G Convergence Overall Subscription Status

[October 3, 2025, end of the day]

On day 3, the B.A.G. Convergence IPO was subscribed 1.38 times. The public issue was subscribed to 0.83 times in the individual investors category, 1.38 times in QIB, and 2.63 times in the NII category.

B.A.G. Convergence IPO Details

B.A.G. Convergence IPO was a book build issue of ₹48.72 crores. The issue was entirely a fresh issue of 0.56 crore shares. The IPO price band was set at ₹82 to ₹87 per share. The minimum lot size for an application was 1,600. The minimum amount of investment required by an individual investor (retail) was ₹2,78,400.00 (3,200 shares) based on the upper price.

Inventure Merchant Banker Services Pvt.Ltd is the book running lead manager, and Maashitla Securities Pvt.Ltd is the registrar of the issue. The market maker of the company is ACME Capital Market Ltd.

B.A.G Convergence Limited - Business Overview

B.A.G. Convergence Limited is a Delhi-based digital media and broadcasting company, founded in 2007, that operates brands such as News24 (news) and E24 Bollywood (entertainment), along with niche verticals including sports, auto/tech, and spiritual content. It distributes content across multiple platforms, including web portals, mobile apps, social media (such as YouTube, Facebook, and Instagram), and Connected TV (CTV). The company also provides production, technical support, and content creation services (including text, video, and infographics) for its own channels and for aggregators/OTT platforms.

The company’s revenue rose to ₹35.85 crore in FY25 from ₹30.33 crore in FY24, while PAT increased to ₹9.41 crore from ₹8.05 crore.

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