AGS TRANSACT IPO Date, Review, Price Band, Issue Open & Market Lot Details

AGS Transact IPO Date, Review, Price Bands, Market Lot, AGS Transact IPO Important Dates, Market Lot, Listing Date & Time Details

AGS Transact Technologies Limited is a provider of end-to-end cash & Digital Payments Solutions. The company started in 2004. They are India’s leading omnichannel payment solution providers. It is the second-largest company in India in terms of revenue from ATM managed services and also the largest deployer of POS terminals at petroleum outlets in India.

AGS Transact IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹680 Crores. The issue is priced at ₹166 to ₹175 per equity share. The minimum order quantity is 85 Shares. The IPO opens on Jan 19, 2022, and closes on Jan 21, 2022.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE. Half of the offer is reserved for qualified institutional buyers (including anchor investors), 15 percent for non-institutional investors, and the remaining 35 percent for retail investors.

ICICI Securities, HDFC Bank, and JM Financial are the book running lead managers to the issue.

About  AGS Transact Ltd

AGS Transact Technologies is one of India’s leading omnichannel payment solution providers. It is the second-largest company in India in terms of revenue from ATM managed services and also the largest deployer of POS terminals at petroleum outlets in India. It not just serves the Indian market but also expanded internationally in other Asian countries including Sri Lanka, Cambodia, Singapore, Indonesia, and the Philippines. The firm primarily operates in 3 business segments;

  1. Payment Solution services such as ATM and CRM outsourcing, cash management services, digital payment solutions, transaction switching services, POS machine services, agency banking, etc. As of August 31, 2021, it has a portfolio of 14,099 ATMs and CRMs under outsourcing and 19,161 ATMs and CRMs under managed service segment. It has also deployed POS terminals at leading Indian petroleum outlets such as Hindustan Petroleum, Indian Oil Corporation while Dr. Lal Pathlabs, Patanjali Ayurved, RJ Corp Ltd, VRIPL Retail Pvt Ltd, Organic India are the corporate clients.
  2. Banking Automation Solutions i.e. Sale of ATM and CRM, self-service terminals, currency technology products, and relevant services. As of August 31, 2021, AGS Transact has a 50+ banking customer base i.e. ICICI Bank. Axis Bank, and HDFC Bank Ltd.
  3. Other Automation Solutions for customers in petroleum, retail, and color segments such as system automation products, system integration, remote management, and other service offerings.

As of August 31, 2021, it had installed a network of 221,066 merchant POS, 17,924 petroleum outlets, 72,000 ATMs and CRMs offering cash management services, 46,800 cash billing terminals, and installed 88,521 color dispensing machines. The business serves customers in 2200 cities and towns through 446,000 machines or customer touchpoints.

AGS Transact IPO Details:

Issuer AGS TRANSACT TECHNOLOGIES LTD
Issue Type Book Built Issue IPO
Issue Type Book Built Issue IPO
Issue Period Issue Opens: Jan 19, 2022
Issue Closes: Jan 21, 2022
Price Brand ₹166 to ₹175 Per Share
Issue Size ₹680 Crores
Face Value Rs.10 per Equity Share
Market Lot 85 Shares
Maximum Bid amount for Retail Rs.193,375
QIB 50% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 35% of the issue size
Offer for Sale ₹680 Cr
Listing at NSE & BSE
Apply With Upstox Free DEMAT Account
Equity  Shares
Grey Market Price AGS Transact IPO GMP

List of Upcoming IPO 2022

UPCOMING IPO IN JANUARY 2022

AGS Transact IPO Dates & Price Band

 IPO Open: January 19, 2022
 IPO Close: January 21, 2022
 IPO Size: ₹680 Crores
 Face Value: ₹10 Per Equity Share
 Price Band: ₹166 to ₹175 Per Share
 Listing on: BSE & NSE
 Retail Portion: 35%
Total IPO size Equity Shares

AGS Transact IPO Market Lot:

 Lot Size:  Minimum 85 Shares & Maximum 1105 Shares
 Minimum Amount: ₹14875
 Maximum Amount: ₹193,375

AGS Transact IPO Allotment & Listing Dates:

 Basis of Allotment: January 27, 2022
 Refunds: January 28, 2022
 Credit to Demat Account: January 31, 2022
 Listing Date: February 1, 2022

Company Promoters:

  • Mr. Ravi B. Goyal and Vineha Enterprises Pvt Ltd are the company promoters.

AGS Transact Financial

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in million)
31-Aug-21 31-Mar-21 31-Mar-20
Total Assets 29,170.33 29,138.32 29,413.95
Total Revenue 7,623.04 17,971.52 18,335.26
Profit After Tax -181.05 547.92 830.14

Objects of the Issue:

The IPO aims to utilize the net proceed for the following objectives;

  • To carry out an offer for sale by selling shareholders.
  • To realize the listing benefits of equity shares on the stock exchange.

Competitive strengths

  • An integrated omnichannel payment and cash solutions provider.
  • The diversified product portfolio, customer base, and revenue stream.
  • Strong capabilities to develop customized in-house solutions.
  • Long-standing relationship with global technology providers i.e. Diebold Nixdorf, ACI.
  • Strong in-house infrastructure and technological capabilities.

How to Apply for AGS Transact IPO?

If you have a Demat account, most banks offer online IPO applications. You can also contact the broker to apply for AGS Transact IPO? Most banks including the SBI bank, ICICI Bank, Axis, and Kotak bank allow the customer to apply for an IPO using the Demat account.

Check AGS Transact IPO Allotment Here: OR Log on to https://linkintime.co.in/MIPO/Ipoallotment.html

Note: AGS Transact IPO Allotment Status will be available whenever the Registrar of IPO will put on their official sites.

 # Option 1: BSE Website:

  • Go to BSE Website
  • Check box “Equity”
  • Select IPO Name “AGS Transact”
  • Type Your Application Number
  • Type Your Pan Number

# Option 2: Linkintime Website:

  • Go to Linkintime Website
  • Select IPO Name “AGS Transact”
  • Select Option from PAN Number, Application Number, or Demat Account Number
  • As per selection add  PAN Number, Application Number, or Demat Account Number

# Option 3: in Your Demat Account:

  • Call Your Broker or Login to Your Demat Account / Trading Account
  • Check the stock is credited to your account or not

# Option 4:  in Your Bank Account:

  • Login to your Bank Account
  • Check the Amount is debited or released

How to Sell AGS Transact IPO Shares on Listing Day?

AGS Transact IPO Listing Day Kya kre?

AGS Transact IPO Lead Managers

Lead Managers
  • ICICI Securities
  • HDFC Bank
  • JM Financial Ltd

AGS Transact IPO Registrar to Offer

AGS Transact IPO Registrar
Link Intime India Private Limited
C-101, 247 Park, L B S Marg, Vikhroli (West), Mumbai
400 083 Maharashtra, India
Tel: +91-22-4918 6200
E-mail: ags.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor grievance ID: ags.ipo@linkintime.co.in
Company Contact Info:
AGS Transact Technologies Limited
601-602 Trade World, B Wing, Kamala Mill Compound,
Senapati Bapat Marg, Lower Parel,
Mumbai – 400013, MaharashtraPhone: +91 22 6781 2000
Email: ipocompliance@agsindia.com
Website: www.agsindia.com
What is IPO? आईपीओ क्या हैं? आईपीओ का फुल फॉर्म क्या है?

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