Tuesday, January 18, 2022

AGS Transact Technologies IPO Date, Review, Price, Form & Market Lot Details

AGS Transact Technologies IPO to hit the market on January 19 and will close on January 21. AGS Transact Technologies to raise around ₹680 crores via IPO that comprises an offer for sale up to ₹680 crores of ₹10 each. The retail quota is 35% while QIB is 50% and HNI is 15%.
 
AGS Transact Technologies is a provider of end-to-end Cash & Digital Payment solutions. The company started in 2004. They were one of the largest integrated omnichannel payment solutions providers in India in terms of providing digital and cash-based solutions to banks and corporate clients, as of March 31, 2021 as per Ken Payments Report. The company provides customized products and services comprising ATM and Cash Recycler Machines (CRM) outsourcing, cash management, and digital payment solutions including merchant solutions, transaction processing services, and mobile wallets.  They have 446,000 machines or customer touchpoints as of August 31, 2021 in 2200 cities and towns in India. Some of their corporate clients are Hindustan Petroleum, Indian Oil Corporation, Dr. Lal Pathlabs, Patanjali Ayurved, RJ Corp Ltd, VRIPL Retail Pvt Ltd, and Organic India. Check out AGS Transact Technologies IPO details.
 
Important Details:
  • One of the largest deployers of POS terminals at petroleum outlets in India.
  • The company has had stable revenues for the last 3 years and PAT looks stable too.
  • The services include Banking Automation, Payment Solutions, Cash Management, Retail Automation, Fuel Retail Automation, Transit & Toll, POS machine services, Transaction switching, and Colour Automation.
  • The company has 3 subsidiaries name India Transact, Novus Technologies, and Securevalue India.
  • Fastlane Brand is a cashless, contactless, and paperless payment technology that utilizes advanced RFID technology.
  • Ongo brands' ecosystem allows consumers to use one single payment system, Ongo, to make payments at POS terminals through various modes of payment.
  • From 2009 the company started ATM oursourcing and managed services with Diabold-Nixdorf.
  • From 2011 the company offer transaction switching and cash management services.
  • In 2014 the company started digital payment solutions.
  • Serving outside India like Sri Lanka, Cambodia, Singapore, Indonesia, and the Philippines.
AGS Transact Technologies


    AGS Transact Technologies IPO Review

    • May Apply

    Brokerage Firm IPO Reviews

    • ICICI Securities: Not Rated
    • Axis Capital: Not Rated
    • Emkay Global: Apply
    • JM Financial: Not Rated
    • Yes Securities: Avoid
    • Choice Broking: Subscribe for Long Term
    • Marwadi Financial Services: Apply with Caution
    • Prabhudas Lilladher: Not Rated 

    AGS Transact Technologies IPO Date & Price Band

     IPO Open:  19 January 2022
     IPO Close:  21 January 2022
     IPO Size:  Approx ₹680 Crores
     Fresh Issue:  N/A
     Offer for Sale:  Approx ₹680 Crores
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹166 to ₹175 Per Share
     Listing on:  BSE & NSE
     Retail Quota:  35%
     QIB Quota:  50%
     NII Quota:  15%
     Discount:  N/A
     DRHP Draft Prospectus:  Click Here
     RHP Draft Prospectus:  Click Here

    AGS Transact Technologies IPO Market Lot

    The AGS Transact Technologies IPO minimum market lot is 85 shares with ₹14,875 application amount. The retail investors can apply up-to 13 lots, 1105 shares with ₹193,375 application amount.
     Minimum Lot Size:  Minimum 85 Shares for 1 lot
     Minimum Amount:  ₹14,875 for 1 lot
     Maximum Lot Size:  Maximum 1105 Shares for 13 lot
     Maximum Amount:  ₹193,375 for 13 lot

    AGS Transact Technologies IPO Date, Time Table, Allotment & Listing

    The AGS Transact Technologies IPO date is 19 January 2022 and the IPO close date is 21 January 2022. The allotment date is 27 January 2022 and the IPO may list on 31 January 2022.
     Price Band Announcement:  13 January 2022
     Anchor Investors Allotment:  18 January 2022
     IPO Open Date:  19 January 2022
     IPO Close Date:  21 January 2022
     Basis of Allotment:  27 January 2022
     Refunds:  28 January 2022
     Credit to Demat Account:  28 January 2022
     IPO Listing Date:  31 January 2022

    AGS Transact Technologies IPO Form

    How to apply the AGS Transact Technologies IPO? You can apply AGS Transact Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the AGS Transact Technologies IPO in the Invest section. The other option you can apply AGS Transact Technologies IPO via IPO forms download via NSE and BSE. Check out the AGS Transact Technologies forms - click NSE Forms & BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


    AGS Transact Technologies Company Financial Report

      ₹ in Crores

    Income Expense PAT
    2019 ₹1827 ₹1381 66.19
    2020 ₹1834 ₹1338 83.01
    2021
    ₹1797 ₹1320 54.79

    Company Promoters

    • Mr. Ravi B. Goyal
    • Vineha Enterprises Private Limited

    AGS Transact Technologies IPO Registrar

    Link Intime India Private Limited
    C-101, 1st Floor, 247 Park
    L.B.S. Marg, Vikhroli West
    Mumbai 400 083, Maharashtra
    Tel: +91 22 4918 6200
    Email: ags.ipo@linkintime.co.in
    Website: www.linkintime.co.in
    Investor grievance e-mail: ags.ipo@linkintime.co.in
    Contact person: Ms. Shanti Gopalkrishnan
    SEBI Registration No.: INR000004058
    Note: Check AGS Transact Technologies IPO allotment status on Linkintime website allotment URL. Click Here

    AGS Transact Technologies IPO Lead Managers

    • ICICI Securities Limited
    • HDFC Bank Limited
    • JM Financial Limited

    Company Address

    AGS Transact Technologies Limited
    601-602 Trade World,
    B Wing, Kamala Mill Compound,
    Senapati Bapat Marg, Lower Parel,
    Mumbai 400 013, Maharashtra
    Tel: +91 22 6781 2000
    Contact Person: Ms. Sneha Kadam
    Company Secretary and Compliance Officer
    Email: ipocompliance@agsindia.com
    Website: www.agsindia.com
    Corporate Identity Number: U72200MH2002PLC138213

    AGS Transact Technologies IPO FAQs


    What is AGS Transact Technologies IPO?

    AGS Transact Technologies IPO is a main-board IPO. They are going to raise ₹680 Crores via IPO. The issue is priced at ₹166 to ₹175 per equity share. The IPO is to be listed on BSE & NSE.

    When AGS Transact Technologies IPO will open?

    The IPO is to open on 19 January 2022 for QIB, NII, and Retail Investors.

    What is AGS Transact Technologies IPO Investors Portion?

    The investors' portion for QIB is 50%, NII is 15%, and Retail is 35%.

    How to Apply the AGS Transact Technologies IPO?

    You can apply AGS Transact Technologies IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the AGS Transact Technologies 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 Finance". 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 Technologies IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "AGS Transact Technologies Finance". 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.

    What is AGS Transact Technologies IPO Size?

    AGS Transact Technologies IPO size is ₹680 crores. The IPO comprises ₹- crores fresh issue and offers for sale of ₹680 crores.

    What is AGS Transact Technologies IPO Price Band?

    AGS Transact Technologies IPO Price Band is ₹166 to ₹175 per equity share.

    What is AGS Transact Technologies IPO Minimum and Maximum Lot Size?

    The minimum bid is 85 Shares with ₹14,875 amount while the maximum bid is 1105 shares with ₹193,375.

    What is AGS Transact Technologies IPO Allotment Date?

    AGS Transact Technologies IPO allotment date is 27 January 2022.

    What is AGS Transact Technologies IPO Listing Date?

    AGS Transact Technologies IPO listing date is 31 January 2022. The IPO to list on BSE and NSE.

    Note: The AGS Transact Technologies IPO details are officially announced. The IPO grey market premium (AGS Transact Technologies IPO Premium) is updated on their particular page. You can check our IPO grey market page for daily updates.)

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