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B.A.G. Convergence Ltd
B.A.G. Convergence Ltd
Registered Office : 352 Aggarwal Plaza Plot No.08,Kondli East Delhi,Delhi Delhi 110096 Phone : +91 120 635 4200
Fax :
Email : kriti.jain@bagconvergence.in
Website : www.bagconvergence.in
Initial public offering of up to 56,00,000* equity shares of Rs. 10 each ("Equity Shares") of B.A.G. Convergence Limited ("BAG Convergence" or The "Company") for cash at a price of Rs. 87 per equity share (The "Offer Price"), aggregating to Rs. 48.72 crores ("The Offer"). Of the offer, 2,80,000 equity shares aggregating to Rs. 2.44 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 53,20,000 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 87.00 per equity share aggregating to Rs. 46.28 crores is hereinafter referred to as the "Net Offer". the offer and the net offer will constitute 26.39% and 25.07%, respectively of the post offer paid up equity share capital of the company. Price Band: Rs. 82/- to Rs. 87/- for equity share of face value of Rs. 10 each. The floor price is 8.20 times times the face value and cap price is 8.70 times of the face value of the equity shares. Bids can made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.
Opens On
Closes On
30-Sep-2025
03-Oct-2025
Application
Allotment
87.00
0.00
Minimum Application for shares in Nos : 3200.0 Further Multiples of : 1600.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
0.00
48.72
21.22
87.00
Inventure Merchant Bankers Services Pvt Ltd
- Expansion of existing business
- Acquisition/production of content
- Brand building expenses
- General corporate purposes
- Anuradha Prasad Shukla
- Vaanya Shukla
- NSE - SME
- Maashitla Securities Pvt Ltd
