B.A.G. Convergence SME IPO Subscription
ListedUpdated 8 October 2025, 9:15 AM IST· NSE SME
B.A.G. Convergence SME IPO subscription closed on 3 October 2025 at 1.38x overall by shares. QIB demand came in at 1.38x, NII at 2.63x, and retail at 0.83x. See Retail, SHNI, and BHNI allotment chances in the table…
B.A.G. Convergence SME IPO subscription closed on 3 October 2025 at 1.38x overall by shares. QIB demand came in at 1.38x, NII at 2.63x, and retail at 0.83x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 6 October 2025. Listing date on NSE and BSE is 8 October 2025.
B.A.G. Convergence SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 30 Sept 2025 | 0.00x | 0.97x | 0.10x | 0.26x |
| Day 2 - 1 Oct 2025 | 0.00x | 1.05x | 0.19x | 0.33x |
| Day 3 - 3 Oct 2025 | 1.38x | 2.63x | 0.83x | 1.38x |
B.A.G. Convergence SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
B.A.G. Convergence SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 0.83x (shares) | Updating soon |
| SHNI (Rs 2L to Rs 10L) | 0.62x (shares) | Updating soon |
| BHNI (above Rs 10L) | 3.63x (shares) | Updating soon |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the B.A.G. Convergence SME IPO Allotment Status page from 6 October 2025 for your result.
B.A.G. Convergence SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 87.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 9.05 Cr | Rs 12.51 Cr | 1.38x |
| NII | Rs 7.24 Cr | Rs 19.03 Cr | 2.63x |
| sNII (Rs 2L to Rs 10L) | Rs 2.41 Cr | Rs 1.49 Cr | 0.62x |
| bNII (above Rs 10L) | Rs 4.83 Cr | Rs 17.54 Cr | 3.63x |
| IND | Rs 16.43 Cr | Rs 13.59 Cr | 0.83x |
| Total | Rs 32.71 Cr | Rs 45.13 Cr | 1.38x |
What Do These Subscription Numbers Mean?
1.38x overall by shares means bids covered about 1 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 1.38x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (2.63x by shares). SHNI and BHNI allotment is by lottery.
Retail at 0.83x by shares. Exact lottery chances need application data.
B.A.G. Convergence SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 30 September 2025 |
| IPO Close Date | 3 October 2025 |
| Allotment Date | 6 October 2025 |
| Refund Initiation | 7 October 2025 |
| Share Credit to Demat | 7 October 2025 |
| Listing Date | 8 October 2025 |
| Minimum Investment | Rs 2,78,400.00 |
| Lot Size | 1600 shares |
About B.A.G. Convergence SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
B.A.G. Convergence SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
B.A.G. Convergence SME Details
Issue size, price, financials, and company info
B.A.G. Convergence SME GMP
Live grey market premium and listing estimate
B.A.G. Convergence SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
B.A.G. Convergence SME Allotment
Allotment date, chances, and check by PAN
B.A.G. Convergence SME Review
SWOT, strengths, risks, and IPO review
B.A.G. Convergence SME FAQ
Common questions on dates, GMP, and allotment
B.A.G. Convergence SME Registrar
Registrar website and how to check allotment
B.A.G. Convergence SME Timeline
Open, close, allotment, and listing dates
B.A.G. Convergence SME News
Updates, blogs, and latest IPO news
B.A.G. Convergence SME IPO Subscription FAQs
What is B.A.G. Convergence SME IPO subscription status today?
B.A.G. Convergence SME IPO subscription closed on 3 October 2025 with overall subscription of 1.38x (by shares) as of 18 October 2026, 5:17 PM IST. QIB 1.38x, NII 2.63x, IND 0.83x.
What is the overall subscription of B.A.G. Convergence SME IPO?
B.A.G. Convergence SME IPO is subscribed 1.38x overall by shares at close on 3 October 2025. QIB 1.38x, NII 2.63x, and IND 0.83x.
What is B.A.G. Convergence SME IPO QIB subscription?
B.A.G. Convergence SME IPO QIB (Qualified Institutional Buyers) subscription is 1.38x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is B.A.G. Convergence SME IPO IND subscription?
B.A.G. Convergence SME IPO IND subscription is 0.83x by shares. Retail bids are up to Rs 2 lakh per PAN.
What is B.A.G. Convergence SME IPO NII, SHNI, and BHNI subscription?
B.A.G. Convergence SME IPO NII subscription is 2.63x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).
What are B.A.G. Convergence SME IPO retail allotment chances?
B.A.G. Convergence SME IPO retail allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are B.A.G. Convergence SME IPO SHNI allotment chances?
B.A.G. Convergence SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are B.A.G. Convergence SME IPO BHNI allotment chances?
B.A.G. Convergence SME IPO BHNI share subscription is 3.63x. Application data is needed for exact lottery chances.
When is B.A.G. Convergence SME IPO allotment date?
B.A.G. Convergence SME IPO allotment date is 6 October 2025. Check B.A.G. Convergence SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does B.A.G. Convergence SME IPO subscription close?
B.A.G. Convergence SME IPO subscription closed on 3 October 2025. No new applications are accepted after the close.
What is B.A.G. Convergence SME IPO GMP today?
GMP for B.A.G. Convergence SME IPO is not available yet. Track B.A.G. Convergence SME IPO GMP Today on IPOwiz once grey market activity starts.
What is B.A.G. Convergence SME IPO issue price and lot size?
B.A.G. Convergence SME IPO issue price is ₹87 per share. Lot size is 1600 shares. Minimum investment is ₹2,78,400 per lot (minimum 2 lots for SME). Issue size: ₹46.28 Cr.
When is B.A.G. Convergence SME IPO listing date?
B.A.G. Convergence SME IPO listing date is 8 October 2025 on NSE and BSE. Allotment is on 6 October 2025.
How does subscription affect B.A.G. Convergence SME IPO allotment?
In B.A.G. Convergence SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 1.38x overall, competition is moderate.
For allotment results from 6 October 2025, visit the B.A.G. Convergence SME IPO Allotment Status page. For listing day updates on 8 October 2025, download the IPOwiz App.
Sources
We match B.A.G. Convergence SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.