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B.A.G.Convergence IPO vs Gurunanak Agriculture IPO

Comparison between B.A.G.Convergence IPO and Gurunanak Agriculture IPO.

IPO Details

B.A.G.Convergence IPO is a SME Fixed Price IPO proposed to list at NSE SME while Gurunanak Agriculture IPO is a SME Fixed Price proposed to list at NSE SME.

 B.A.G.Convergence IPOGurunanak Agriculture IPO
LogoB.A.G.Convergence IPO LogoGurunanak Agriculture IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersInventure Merchant Banker Services Pvt.Ltd.Finshore Management Services Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerACME Capital Market Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of B.A.G.Convergence IPO is up to ₹0.00 Cr whereas the issue size of the Gurunanak Agriculture IPO is up to ₹28.80 Cr. The final issue price of B.A.G.Convergence IPO is and of Gurunanak Agriculture IPO is ₹75.00 per share.

 B.A.G.Convergence IPOGurunanak Agriculture IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1600 shares
Fresh Issue Size56,00,000 shares38,40,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹28.80 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total56,00,000 shares38,40,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹28.80 Cr

IPO Timetable

B.A.G.Convergence IPO opens on , while Gurunanak Agriculture IPO opens on . The closing date of B.A.G.Convergence IPO and Gurunanak Agriculture IPO is , and , respectively.

 B.A.G.Convergence IPOGurunanak Agriculture IPO
Anchor Bid Date
Issue Open
Issue Close
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

B.A.G.Convergence IPO P/E ratio is , as compared to Gurunanak Agriculture IPO P/E ratio of .

 B.A.G.Convergence IPOGurunanak Agriculture IPO
Financials

B.A.G. Convergence Limited Financial Information (Restated Consolidated)

Period Ended31 Jul 202431 Mar 202431 Mar 202331 Mar 2022
Assets22.4318.3311.5712.71
Total Income10.0830.3324.9622.47
Profit After Tax2.598.034.982.54
Net Worth15.77.11-0.92-5.9
Reserves and Surplus7.897.1-0.93-5.91
Amount in ₹ Crore

Gurunanak Agriculture India Limited Financial Information (Restated Standalone)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets28.4521.9918.1720.68
Total Income24.644.0939.1741.08
Profit After Tax3.132.450.610.52
Net Worth9.356.223.773.16
Reserves and Surplus8.845.713.262.65
Total Borrowing9.8510.596.668.86
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)89.5899.99
Promoter Shareholding (Post-Issue)68
P/E Ratio
Market Cap
ROE39.45%
ROCE47.46%
Debt/Equity1.70
EPS
RoNW6.50%39.45%

Shares Offered

In the B.A.G.Convergence IPO Retail Individual Investors (RII) are offered while in Gurunanak Agriculture IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in B.A.G.Convergence IPO and in Gurunanak Agriculture IPO.

 B.A.G.Convergence IPOGurunanak Agriculture IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

B.A.G.Convergence IPO subscribed in total, whereas Gurunanak Agriculture IPO subscribed .

 B.A.G.Convergence IPOGurunanak Agriculture IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)