AGS TRANSACT IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

AGS Transact IPO GMP Today, AGS Transact Technologies IPO Grey Market Premium Updates | AGS Transact Technologies IPO Listing Gain, Latest target, Opening gain

AGS Transact Technologies IPO date fixed, the initial public offer (IPO) to hit the market on January 19, 2022. AGS Transact Technologies IPO to raise ₹680 crores via IPO. The retail quota is 35% with QIB 50% and HNI 15%.

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
  2. Banking Automation Solutions 
  3. Other Automation Solutions

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.

Check out AGS Transact Technologies IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

AGS Transact Technologies IPO Details:

Issuer AGS Transact Technologies Ltd
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 👉 Angel Broking Free DEMAT Account
Equity  Shares
Grey Market Price AGS Transact IPO GMP

AGS Transact IPO GMP Rates day by day

AGS Transact IPO Grey market premium as of today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
HNI COST
01 FEB 2022
31 JAN 2022 Discount
30 JAN 2022 Discount
29 JAN 2022 Discount
28 JAN 2022 ₹5
27 JAN 2022 ₹5
26 JAN 2022 ₹5
25 JAN 2022 ₹0
24 JAN 2022 ₹4
23 JAN 2022 ₹6
22 JAN 2022 ₹13 ₹200 ₹600
21 JAN 2022 ₹15 ₹200 ₹600
20 JAN 2022 ₹8 ₹200 ₹600
19 JAN 2022 ₹13 ₹200 ₹600
18 JAN 2022 ₹21 ₹200 ₹700
17 JAN 2022 ₹21 ₹200 ₹700
16 JAN 2022 ₹21
15 JAN 2022 ₹21
14 JAN 2022 ₹21
13 JAN 2022 ₹21

AGS Transact IPO Market Lot:

 Lot Size:  Minimum 85 Shares & Maximum 1105 Shares
 Minimum Amount:  ₹14,875
 Maximum Amount: ₹193,375

AGS Transact IPO Allotment & Listing:

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

UPCOMING IPO 2022

How to Apply for AGS Transact IPO?

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How to Apply the AGS Transact IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “AGS Transact Technologies”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the AGS Transact IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “AGS Transact Technologies”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Check:- AGS Transact IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies.
– This is only coverage of News related to Grey Market . We don’t deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into grey market nor do we facilitate buying or selling of IPO forms.

What is Grey Market?

Grey Market is the term used to describe an unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

IGL Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means IGL IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

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