247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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B.A.G. CONVERGENCE LIMITED

New Delhi

Date of DRHP : 12 Dec 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

B.A.G. CONVERGENCE Basic Details

   Advertising and Media

Sub Sector: Digital media space

Exchange:
NSE Emerge

About the Company

The Company was founded with the vision of becoming a key player in the digital media space. With the launch of our first website, news24online.com. Soon after, we introduced a Hindi version, hindi.news24online.com, to cater to a wider audience. Expanding into the entertainment space, we launched e24bollywood.com, covering Bollywood news and updates. In the beginning, we relied on Google AdSense for ad revenue, but as we grew, content aggregators like Times Internet Limited (TIL), Daily hunt and direct clients including government agencies helped us generate additional income and build our brand recognition over a period. We also developed mobile apps viz. News24, E24 to offer a more personalised experience to our readers. Our focus is on creating engaging content, optimising for mobile users, and expanding our presence on new platforms like CTV to stay ahead in the digital world.

Financial Summary (Annualised Basis)

Revenue :
30.24 Cr.

PAT :
9.03 Cr.

B.A.G. CONVERGENCE IPO Lead Manager(s)

Inventure Merchant Banker Services Private Limited

B.A.G. CONVERGENCE IPO Registrar

Maashitla Securities Private Limited

B.A.G. CONVERGENCE DRHP Details

Objects of issue

  • Expansion of Existing Business
  • Acquisition/ Production of Content
  • Brand building expenses
  • General Corporate Purposes

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FAQs

B.A.G. CONVERGENCE LIMITED operates in Advertising and Media and Digital media space. The Issue would be listed on SME. The registrar of the Issue is Maashitla Securities Private Limited. The IPO type of B.A.G. CONVERGENCE LIMITED is Book Building Process and Object of issue is

  • Expansion of Existing Business
  • Acquisition/ Production of Content
  • Brand building expenses
  • General Corporate Purposes

The DRHP (Draft Red Herring Prospectus) of B.A.G. CONVERGENCE LIMITED IPO was filed on 12 Dec 2024.

No, B.A.G. CONVERGENCE LIMITED IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of B.A.G. CONVERGENCE LIMITED are not available now. You can apply in B.A.G. CONVERGENCE LIMITED IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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