Description

B.A.G. Convergence Limited equity shares listed on NSE EMERGE SME Platform effective October 08, 2025 with trading symbol BAGDIGITAL in Trade for Trade Surveillance Segment.

Summary

National Stock Exchange has approved the listing of equity shares of B.A.G. Convergence Limited on the EMERGE SME Platform effective October 08, 2025. The company will trade under symbol BAGDIGITAL with ISIN INE17CQ01015. Trading will commence in Series ST (Trade for Trade Surveillance Segment with Settlement Type W) and later shift to Series SM (Normal Rolling Segment). The IPO consists of 21,218,800 equity shares of Rs. 10/- face value issued at Rs. 87/- per share.

Key Points

  • Trading Symbol: BAGDIGITAL
  • ISIN: INE17CQ01015
  • Total Securities: 21,218,800 equity shares
  • Face Value: Rs. 10/- per share
  • Issue Price: Rs. 87/- per share
  • Market Lot Size: 1,600 equity shares
  • Initial Trading Series: ST (Trade for Trade Surveillance Segment, Settlement Type W)
  • Future Series: SM (Normal Rolling Segment, Settlement Type N)
  • Pre-open session applicable for IPO category
  • Market Maker: ACME Capital Market Limited
  • Maximum Permissible Spread: Within 10%
  • Registrar & Transfer Agent: Maashitla Securities Private Limited

Regulatory Changes

No regulatory changes introduced. This circular implements existing SEBI regulations for SME IPO listings as per SEBI circular no. CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012.

Compliance Requirements

  • Members must use designated security code BAGDIGITAL for trading
  • Trading must be conducted in specified lot size of 1,600 equity shares
  • Security will participate in pre-open session as per SEBI guidelines
  • Market maker spread must be maintained within 10%
  • Lock-in provisions apply to certain shareholdings as detailed in Annexure I
  • Company Secretary and Compliance Officer: Ms. Kriti Jain (kriti.jain@bagconvergence.in)

Important Dates

  • Circular Issue Date: October 07, 2025
  • Listing Effective Date: October 08, 2025
  • Financial Year: April 2025 - March 2026

Impact Assessment

This is a routine SME IPO listing with minimal market-wide impact. The listing adds one new security to the EMERGE SME Platform. Initial trading in Trade for Trade Surveillance Segment (TFTS) with Settlement Type W provides enhanced monitoring. The security will be available for continuous market trading as per Exchange Circular No. NSE/CMTR/37202 dated March 14, 2018. Lock-in arrangements apply to 21,218,800 shares across various distinctive number ranges as specified in Annexure I.

Company Details

Registered Office: B.A.G. Convergence Limited 352, Aggarwal Plaza, Plot No. 8 Kondli, East Delhi New Delhi - 110096 Tel: +91 120 6354200 Website: www.bagconvergence.in

Impact Justification

Routine SME IPO listing with standard surveillance measures, limited market-wide impact