IPO

BAG Convergence Ltd. IPO

Min Investment
₹ 1,39,200 / 1600 shares
Price Range
₹82 - ₹ 87
Bidding Dates
30 Sep '25 - 3 Oct '25
Total Issue Value
48.72 Cr
Lot Size
1,600
Total Issue Size
48.72 Cr
Listing At
NSE SME
Subscription
1.34 times
NSE Price
121.00 (39.08%)

IPO Timeline

  • 30 Sep 2025
    Bidding Starts
  • 3 Oct 2025
    Bidding Ends
  • 6 Oct 2025
    Allotment Finalization
  • 8 Oct 2025
    Listing

About BAG Convergence Ltd.

Our Company was founded with the vision of becoming a key player in the digital media space. Started its journey in 2007 with the launch of our first website, news24online.com. Soon after, we introduced a Hindi version, hindi.news24online.com, to cater to a wider audience. Expanding into the ... Read more

Parent organisation
Founded
BAG Convergence Ltd.
2007

BAG Convergence Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 15,60,000 (27.86%)
Market Makers 2,80,000 (5%)
Non Institutional Investors 8,32,000 (14.86%)
Qualified Institutional Buyers (QIBs) 10,40,000 (18.57%)
Retail Individual Investors (RIIs) 18,88,000 (33.71%)

BAG Convergence Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 35.85 Cr 9.41 Cr 6.59 Cr
31 Mar 2024 30.33 Cr 8.08 Cr 8.37 Cr
31 Mar 2023 24.96 Cr 4.97 Cr 29.26 Lakh

BAG Convergence Ltd. Background

Major Events And Milestones
  • 2007
    Incorporation of our Company
    Launching the News24 English website, establishing our footprint in the digital news industry. This was quickly followed by a Hindi version, broadening our reach to a larger audience across India.
  • 2008
    Recognizing the growing interest in Bollywood, we introduced E24, India’s first dedicated Bollywood news website. This rapid success demonstrated our ability to tap into niche markets effectively
  • 2014
    We ventured into the world of YouTube by launching the News24 channel. Through strategic digital planning and consistent quality content, the channel rapidly grew. By 2024, it had reached 22 million subscribers and accumulated 12 billion views.
  • 2015
    Awarded the Silver Play Button for reaching 100,000 subscribers on News24's channel by YouTube.
  • 2017
    Awarded the Gold Play Button for reaching 10,00,000 subscribers on News24's channel by YouTube.
  • 2019
    Awarded the Diamond Play Button for reaching 100,00,000 subscribers on News24’s channel by YouTube. Achieving this level of recognition placed us among the top media publishers in India.
    Launched News24Sports,
  • 2020
    Formed exclusive partnerships with Inshorts and ShareIt Technologies for content distribution.
  • 2021
    Meta selected us for the exclusive “Clip Program on Facebook Watch.” This program allowed us to expand our reach and engage with a broader audience through curated content.
  • 2023
    Launched a dedicated YouTube channel for News24’s Prime Show “Mahol Kya Hai”.
  • 2024
    Conversion of the Company to Public Limited
    News24 became one of the top publishers on Facebook, with more than 18 million followers and a cumulative reach of 206 million, a rare feat.
    The sports channel has 3.58 million subscribers on YouTube, 4.8 million followers on Facebook, and over 100,000 followers on Instagram. This has led to 2.3 billion total views on YouTube and a Facebook reach of 266 million.
BAG Convergence Ltd. Object of Issues

1. Expansion of Existing Business
2. Acquisition/ Production of Content
3. Brand building expenses
4. General Corporate Purposes

BAG Convergence Ltd. IPO Listing Details
Listing Date
8 Oct 2025
NSE Symbol
BAGCONVERG
ISIN
INE17CQ01015
Final Issue Price
₹ 87
BAG Convergence Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 87.00
Open - ₹ 101.00
Low - ₹ 101.00
High - ₹ 106.05
Last Trade - ₹ 106.05
BAG Convergence Ltd. Company Promoters

1. Ms. Anuradha Prasad Shukla

Industry Overview

The Media & Entertainment Industry

The Indian Media and Entertainment (M&E) sector has demonstrated a remarkable recovery and transformation in the wake of the COVID-19 pandemic. The industry's resurgence has been fueled by 6. a combination of rapid digital growth, innovative ... Read more

BAG Convergence Ltd. Contact Details
Address: 352, Aggarwal Plaza, Plot No. 8, Kondli, East Delhi, New Delhi Delhi - 110096
Phone no:6354200
6354200
|
BAG Convergence Ltd. IPO Registrar
Maashitla Securities Pvt. Ltd.
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura Delhi - 110034
45121795, 45121796
BAG Convergence Ltd. IPO Lead Manager(s)
Inventure Merchant Banker Services P. Ltd.
2 Floor, Viraj Tower, Nr. Andheri Flyover (North End), Western Express Highway, Andheri (East), Mumbai Maharashtra - 400069
39548500

FAQs

When does BAG Convergence Ltd. IPO opens and closes?

BAG Convergence Ltd. IPO opens from 30th September to 3rd October 2025.

What is the size of BAG Convergence Ltd. IPO?

The size of the BAG Convergence Ltd. IPO is ₹48.72 Cr.

What is the price range of BAG Convergence Ltd. IPO?

The price range of BAG Convergence Ltd. IPO is at ₹82 to ₹87 per share.

What is the minimum investment and lot size required for the BAG Convergence Ltd. IPO?

The minimum investment required is ₹1,39,200 and minimum lot size is 1600 shares.

When is BAG Convergence Ltd. IPO listing date?

The BAG Convergence Ltd. IPO will be listed on 8th October 2025.

What is the objective of BAG Convergence Ltd. IPO?

1. Expansion of Existing Business
2. Acquisition/ Production of Content
3. Brand building expenses
4. General Corporate Purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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