
AGS Transact Technologies IPO
Mainboard₹14,875 / 85 Shares
IPO Details
AGS Transact Technologies IPO IPO is priced between ₹166-175 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the Mainboard, and Link Intime India Private Ltd is managing the issue as the registrar.
The IPO bidding period opened on 19 Jan, 2022, and closed on 21 Jan, 2022. The allotment results will be announced on 27 Jan, 2022, with a tentative listing date set for 31 Jan, 2022.
The total issue comprises 3,88,57,143 Eq Shares of ₹10 , amounting to ₹680.00 Cr.
AGS Transact Technologies IPO IPO Highlights
IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
Jan 19, 2022 - Jan 21, 2022 | 31 Jan, 2022 | ₹10 Per Equity Share | ₹166-175 per equity share | - | Shares | - | BSE, NSE |
AGS Transact Technologies IPO IPO Timeline
Issue Price
₹166-175 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdMarket Lot
85 Shares (₹14,875/-)Lead 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)Retail Portion
35% (Number of Retail Applications : 1,60,000 Approx)Subscription
7.79 timesAGS Transact Technologies IPO 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.
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 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
AGS Transact Technologies IPO IPO - Issue Objectives
- To carry out the offer for sale by the Selling Shareholders
- To realize the benefits of listing of the Equity Shares on the Stock Exchanges, enhancement of their Company’s brand name, and creation of a public market for the Equity Shares in India.