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.