AGS Transact IPO date is scheduled for 19 January 2022. The IPO price band is set at INR – per share. There are no fresh shares being issued while existing shareholders plan to sell shares worth INR800 crore through Offer For Sale (OFS).
The company is one of the largest integrated omni-channel payment solutions provider in India in terms of providing digital and cash-based solutions to banks and corporate clients. It operates its business in three segments:
- Payment Solutions
- Banking Automation Solutions and
- Other Automation Solutions (for customers in the retail, petroleum and colour sectors)
It provides customized products and services comprising ATM and CRM outsourcing, cash management and digital payment solutions including merchant solutions, transaction processing services and mobile wallets.
As of 31 March 2021, it was the second largest company in India in terms of (i) revenue from ATM managed services under the outsourcing model, and (ii) revenue from cash management and number of ATMs replenished.
The company deployed 207,335 payment terminals and was one of the largest deployers of POS terminals at petroleum outlets in India, having rolled out Integrated Payment Solutions (IPS) at more than 16,000 petroleum outlets with 28,986 terminals in India. It has also expanded internationally in other Asian countries comprising Sri Lanka, Singapore, Cambodia, the Philippines and Indonesia.
Promoters of AGS Transact Technologies – Mr. Ravi B. Goyal and Vineha Enterprises Private Limited
AGS Transact IPO Date, Size & Price Band
| AGS Transact IPO Date | 19 – 21 January 2022 |
|---|---|
| AGS Transact IPO Price Band | INR166 – 175 per share |
| Fresh issue | NIL |
| Offer For Sale | INR 680 crore |
| Total IPO size | INR 680 crore |
| Minimum bid (lot size) | 85 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
AGS Transact Technologies’ Financial Performance
| FY2019 | FY2020 | FY2021 | 5M FY2022 | |
|---|---|---|---|---|
| Revenue | 1,823.6 | 1,833.5 | 1,797.2 | 762.3 |
| Expenses | 1,380.8 | 1,338.1 | 1,320.4 | 568.2 |
| Net income | 67.6 | 83.3 | 57.5 | (15.6) |
| Margin (%) | 3.7 | 4.5 | 3.2 | (2.0) |
Figures in INR crore unless specified otherwise
AGS Transact IPO FAQs
How many shares in AGS Transact IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in AGS Transact Technologies IPO?
The best way to apply in AGS Transact IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is AGS Transact IPO GMP today?
AGS Transact IPO GMP today is INR20 per share .
What is AGS Transact IPO kostak rate today?
AGS Transact IPO kostak rate today is NA per application .
What is AGS Transact Subject to Sauda rate today?
AGS Transact Subject to Sauda rate today is NA per application .
Source: https://ipocentral.in