11 months ago
Munish Forge and B.A.G. Launch SME IPOs on September 30
Two companies, Munish Forge and B.A.G. Convergence, are selling shares to the public to raise money.
Munish Forge, a manufacturer of forgings, aims to raise about ₹74 crore.
B.A.G. Convergence, the company behind News24 and other channels, hopes to raise about ₹49 crore.
Both IPOs open on September 30 and close on October 3.
Munish Forge will use the funds for expansion and debt repayment.
B.A.G. Convergence will use the money for business expansion and content creation.
This offers investors a chance to buy shares in these companies.
Munish Forge and B.A.G. Convergence are launching IPOs on NSE Emerge on September 30, 2025.
Munish Forge aims to raise ₹73.92 crore at ₹91–96 per share.
B.A.G. Convergence seeks to raise ₹48.72 crore at ₹82–87 per share.
Munish Forge manufactures forgings and castings for various sectors.
B.A.G. Convergence operates news and entertainment channels like News24.
- Who
- Munish Forge & B.A.G. Convergence
- What
- Launching SME IPOs
- Where
- NSE Emerge
- When
- September 30, 2025
- Why
- To fund expansion, content production, acquisitions, brand-building, and general corporate purposes
Key facts
- Companies Launching IPOs
- Munish Forge & B.A.G. Convergence
- Exchange
- NSE Emerge
- Opening Date
- September 30, 2025
- Closing Date
- October 3, 2025
- Munish Forge IPO Amount
- ₹73.92 crore
- Munish Forge Share Price
- ₹91 - ₹96
- B.A.G. Convergence IPO Amount
- ₹48.72 crore
- B.A.G. Convergence Share Price
- ₹82 - ₹87
Quotes
Anuradha Shukla
Chairperson and Managing Director of B.A.G. Convergence
“B.A.G. Convergence has been shaping India’s digital media landscape since 2007 through News24, News24 Sports, E24 Bollywood, Darshan 24, Auto 24 (MotoX24), and regional news, reaching audiences across web, mobile apps, social media, and Connected TV”
deccanchronicle.com
