
AGS Transact Technologies IPO
Mainboard₹14,875 / 85 Shares
AGS Transact Technologies IPO Details
The AGS Transact Technologies IPO price band is set between ₹166-175 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 19 Jan, 2022 and closes on 21 Jan, 2022. Investors can check the allotment status on 27 Jan, 2022, while the listing date is tentatively scheduled for 31 Jan, 2022.
The total issue size is 3,88,57,143 Eq Shares of ₹10 , aggregating up to ₹680.00 Cr. Stay tuned for the latest AGS Transact Technologies IPO review and GMP updates.
AGS Transact Technologies IPO Review, Rating & Analysis
AGS Transact Technologies IPO Review
NO REVIEWAGS Transact Technologies IPO Rating
AGS Transact Technologies IPO Highlights
IPO Date
Jan 19, 2022 - Jan 21, 2022
Listing Date
31 Jan, 2022
Face Value
₹10 Per Equity Share
Price Band
₹166-175 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
AGS Transact Technologies IPO Lot Size
The minimum market lot for AGS Transact Technologies IPO is 85 shares with an application amount of ₹14,875. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 85 | ₹14,875 |
| Retail (Max) | 13 | 1105 | ₹1,93,375 |
| S-HNI (Min) | 14 | 1190 | ₹2,08,250 |
| S-HNI (Max) | 67 | 5695 | ₹9,96,625 |
| B-HNI (Min) | 68 | 5780 | ₹10,11,500 |
AGS Transact Technologies IPO Timeline
Issue Price
₹166-175 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
ICICI Securities Limited, HDFC Bank Limited, JM Financial LimitedIssue Size
3,88,57,143 Eq Shares of ₹10 (aggregating up to ₹680.00 Cr)Offer for Sale: 3,88,57,143 Eq Shares of ₹10 (aggregating up to ₹680.00 Cr)AGS Transact Technologies IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 2913.83 | 1797.15 | 54.79 | - | - | - |
| 31 Mar 20 | 2241.39 | 1833.52 | 83.01 | - | - | - |
| 31 Mar 19 | 2054.42 | 1823.63 | 66.19 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Ravi B. Goyal
- Vineha Enterprises Private Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 98.23% | 66.07% |
About Company
AGS Transact Technologies Ltd is one of the India's leading omni-channel 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 Indian market but also expanded internationally in other Asian countries including Sri Lanka, Cambodia, Singapore, Indonesia, and 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 March 31, 2021, it has a portfolio of 13,959 ATMs and CRMs under outsourcing and 18,408 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 March 31, 2021, AGS Transact has 50+ banking customer base i.e. ICICI Bank. Axis Bank, and HDFC Bank Ltd.
3.Other Automation Solutions for customers in petroleum, retail, and colour segments such as system automation products, system integration, remote management, and other service offerings.
As of March 31, 2021, it had installed a network of 207,335 merchant POS, 16,700 petroleum outlets, 72,000 ATMs and CRMs offering cash management services, 46000 cash billing terminals, and installed 85,700 colour dispensing machines. The business serves customers in 2200 cities and towns through 420,000 machines or customer touch points.
AGS Transact Technologies IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 8,192,770 | 6,144,578 | 14,337,348 | 28,674,696 |
Day 1 -19-01-22 05:00 PM | 0.00 x | 1.02 | 1.32 x | 0.88 x |
Day 2 -20-01-22 05:00 PM | 0.49 x | 1.14 | 2.07 x | 1.41 x |
Day 3 -21-01-22 05:00 PM | 2.68 x | 25.62 | 3.08 x | 7.79 x |
2.77 times
Frequently Asked Questions about AGS Transact Technologies IPO IPO
When will AGS Transact Technologies IPO open for subscription?
The AGS Transact Technologies IPO opens on 19 Jan, 2022 and closes on 21 Jan, 2022.
What is the investors portion for AGS Transact Technologies IPO?
The investors' portion for QIB is 2.68 x, NII is 25.62, and Retail is 3.08 x.
How to apply for AGS Transact Technologies IPO?
You can apply for AGS Transact Technologies IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of AGS Transact Technologies IPO?
The issue size of AGS Transact Technologies IPO is approx ₹3,88,57,143 Eq Shares of ₹10 (aggregating up to ₹680.00 Cr)Offer for Sale: 3,88,57,143 Eq Shares of ₹10 (aggregating up to ₹680.00 Cr) crores.
What is the price band of AGS Transact Technologies IPO?
The price band for AGS Transact Technologies IPO is ₹166 to ₹175 per equity share.
What is the lot size of AGS Transact Technologies IPO?
The minimum bid (lot size) for AGS Transact Technologies IPO is N/A shares with an investment of approx ₹14,875 .
What is the allotment date of AGS Transact Technologies IPO?
The allotment date for AGS Transact Technologies IPO is 27 Jan, 2022.
What is the listing date of AGS Transact Technologies IPO?
The listing date for AGS Transact Technologies IPO is expected to be 31 Jan, 2022.
What is the GMP of AGS Transact Technologies IPO?
The latest Grey Market Premium (GMP) for AGS Transact Technologies IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
