B.A.G. Convergence IPO — Listing Performance
B.A.G. Convergence IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 30 Sep 2025 |
| Listing date | 8 Oct 2025 |
| Overall subscription | 1.35x |
| Issue price | ₹87 |
| Listing-day close | ₹106.05 (21.9%) |
| Recent market price | ₹103 (18.39% vs issue) |
| 52-week range | ₹99 – ₹129.90 |
| Identifiers | NSE: BAGDIGITAL · ISIN: INE17CQ01015 |
How the listing went
B.A.G. Convergence had a strong market debut, ending listing day 21.9% over the issue price, on tepid subscription of 1.35x.
B.A.G. Convergence against every other debut on record
- Rank in 2025: 56 of 215 NSE debuts, on a 21.9% first-day close.
- 73rd percentile of 116 SME debuts in 2025 (median 6.52%).
- 7th of 23 debuts in October 2025.
- Subscribed 1.35x: 9th percentile of 165 SME issues with a figure; the 65 subscribed between 1 and 5 times closed day one a median -1.34%.
- Opened 16.09% above issue, then added 5.81 points to the close.
- Day-one range ₹101 to ₹106.05: a 5.8% swing on the issue price.
- Last close ₹103 (11 Sep 2026): 18.39% above issue, against 21.9% on day one.
- 13% up its 52-week range of ₹99 to ₹129.90.
- Priced at the top of the ₹82 to ₹87 band.
- Listed 5 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources