Price Band
₹82 - ₹87
Lot Size
1600
Issue Size
₹48.72 Cr
GMP
N/A
Subscription
1.38x
Analyzing...
IPO Schedule
1
Open
30 Sept 2025
2
Close
3 Oct 2025
3
Allotment
-
4
Listing
8 Oct 2025
About B.A.G.Convergence
B.A.G. Convergence Limited is an infrastructure company involved in providing services to the telecom industry. They provide optic fiber cable laying and other related services.
Key Strengths
- Experience in the telecom infrastructure sector.
- Established relationships with key clients in the telecom industry.
- Potential to benefit from the growth of the telecom sector and increasing demand for data.
- SME listing provides access to capital markets for growth.
- Reasonable P/E ratio compared to some other SME IPOs.
Risk Factors
- •Reliance on the telecom industry, making it susceptible to industry downturns.
- •Competition from larger and more established players in the telecom infrastructure sector.
- •Small issue size may lead to volatility post-listing.
- •Lack of publicly available historical financial data due to SME status makes performance projection difficult.
- •Absence of ROE data limits comprehensive financial analysis.
Valuation Analysis
The P/E ratio of 14.45 appears reasonable compared to some other SME IPOs, but investors should carefully consider the risks and growth prospects before investing. The lack of ROE data makes a complete valuation difficult.
IPO Details
ExchangeNSE
SegmentSME
ISININE17CQ01015
NSE SymbolBAGDIGITAL
Face Value₹10
Lot Size1600
Issue Size₹48.72 Cr
Key Metrics
ROE19
ROCE23
P/E Ratio35
Industry P/E20
EPS6.02
PAT Margin25.37%
Debt/Equity0.4
Growth & Quality
ProfitableYes ✓
Subscription
Total0.26x
Imbalance Ratio5.5x
Documents
RHP not available
Key Dates
Open Date30 Sept 2025
Close Date3 Oct 2025
Listing8 Oct 2025