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

B.A.G. Convergence Limited specialises in providing technical assistance and production services for television channels and websites, incorporated in April 2007, having launched its first website news24online.com in 2007, producing videos for its website and platforms like YouTube, Facebook, and Instagram while partnering with Samsung to enter Connected TV space through app preinstallation on their TVs, offering services including artificial intelligence and automation for optimising content creation, editing, and distribution, cloud-based broadcasting utilising cloud infrastructure for seamless media management, high-definition and 4K content production, and OTT and streaming services.

The B.A.G.Convergence IPO came with a total issue size of ₹48.72 crore, comprising entirely a fresh issue of 0.56 crore shares aggregating to ₹48.72 crore. The IPO opened on September 30, 2025, and closed on October 3, 2025. The allotment for the B.A.G.Convergence IPO is expected to be finalised on Monday, October 6, 2025. The B.A.G.Convergence IPO share price band was set at ₹82 to ₹87 per share.

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

• Visit the Maashitla Securities Pvt.Ltd. website 
• Select "B.A.G. Convergence" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

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

• Navigate to the NSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "B.A.G. Convergence" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

B.A.G. Convergence IPO Subscription Status

B.A.G.Convergence IPO received weak investor interest, being subscribed 1.38 times overall. The subscription showed poor confidence with severely undersubscribed retail category. Here is a category-wise breakdown of the subscription as of 5:09:11 PM on October 3, 2025:

• Non-Institutional Investors (NII): 2.63 times.
• QIB Category (Ex Anchor): 1.38 times.
• Individual Investors: 0.83 times.

B.A.G. Convergence IPO Share Price and Investment Details

The B.A.G.Convergence IPO stock price band was set at ₹82 to ₹87 per share with a minimum lot size of 1,600 shares. The minimum investment required for retail investors was ₹2,78,400 for 2 lots (3,200 shares). The issue included up to 15,60,000 shares allocated to anchor investors raising ₹13.57 crore. Given the weak subscription response of 1.38 times overall, with moderate NII participation at 2.63 times, barely subscribed QIB category at 1.38 times, and severely undersubscribed retail category at 0.83 times indicating complete lack of retail investor confidence, the B.A.G.Convergence IPO share price is expected to list with flat to negative premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Expansion of existing business: ₹13.49 crore.
• Acquisition/production of content: ₹13.30 crore.
• Brand building expenses: ₹5.00 crore.
• General corporate purposes: Remaining amount.

Business Overview

B.A.G. Convergence Limited operates with strong legacy in media and broadcasting as part of B.A.G. Network, advanced production infrastructure with state-of-the-art studios and cutting-edge technology, diversified content portfolio across television, digital media, and OTT services, and agile innovative approach adapting to market trends while demonstrating steady financial performance.