BAG Convergence IPO is a fresh issue of ₹48.72 crore, open for subscription from September 30 to October 3, 2025, with a price band of ₹82 to ₹87 per share. The company operates in the digital media and advertising sector, providing content production, distribution, and marketing services primarily in India. With a strategic focus on content creation and expanding digital reach, BAG Convergence IPO offers investors exposure to a growing digital media industry.
₹00
₹87
₹101.00
Expert Opinions
Market sentiment for BAG Convergence IPO is positive, supported by steady revenue growth and expanding digital media presence. The company specializes in content production, digital marketing, and cloud-based broadcasting, with partnerships in Connected TV and OTT platforms that boost its market reach. BAG Convergence’s strengths lie in its diversified service portfolio, strong client relationships, and expertise in AI and automation-powered content solutions.
Risks involve high competition in digital media, depends on key clients, and technological changes impacting content consumption patterns. The valuation analysis for financial year 2025 shows the BAG Convergence IPO with a Return on Equity (ROE) of 40.96%, Return on Net Worth (RoNW) of 40.96%, and Net Asset Value (NAV) of ₹14.22, indicating solid profitability and asset efficiency. Long-term investment in BAG Convergence IPO offers exposure to growth in digital content and advertising sectors, while short-term investors should consider market volatility and execution risks.
Investor Considerations
BAG Convergence IPO has demonstrated consistent growth, with revenue rising from ₹30.33 crore in FY 2024 to ₹35.85 crore in FY 2025 and a PAT margin of 25.37%, indicating strong profitability and operational efficiency. The digital media sector outlook remains positive, fueled by increasing consumption of digital content, OTT platform growth, and expanding digital advertising budgets. The BAG Convergence IPO valuation for financial year 2025 shows a Price to Book Value of 18.13, EBITDA Margin of 39.04%, and Debt/Equity of 0.57, reflecting robust financial health and balanced leverage.
Growth prospects are supported by the company’s diverse content offerings, technology-driven solutions, and strategic partnerships in the regional digital ecosystem. Key risks include intense market competition, dependence on key clients, and rapidly evolving technology trends. Long-term investors may benefit from the expanding digital media space, while short-term investors should consider market volatility and execution risks.
| Date | GMP | Trend |
|---|---|---|
| 07 Oct 2025 13.15 | ₹00 | --- |
| 06 Oct 2025 11.40 | ₹00 | --- |
| 04 Oct 2025 11.25 | ₹00 | --- |
| 03 Oct 2025 12.07 | ₹00 | --- |
FAQs
The Grey Market Premium showed poor accuracy in predicting BAG Convergence IPO’s listing performance. With a final GMP of ₹0, it projected no premium over the issue price of ₹87, indicating a flat debut. However, the stock listed at ₹101, delivering a 16.1% gain. This resulted in a prediction error of 16.1%, where the GMP incorrectly signaled a flat listing and clearly underestimated the actual gains, reflecting weak reliability in this case.
BAG Convergence IPO Current GMP is ₹00.
BAG Convergence IPO Expected Returns is 0.00%.
BAG Convergence IPO estimated listing price is ₹87.