AGS Transact Technologies Limited IPO will open on 19th Jan 2022. Started operations in 2002, AGS Transact is India’s one of the largest integrated omni-channel payment solutions.
List of Topic Covered
Key Features of AGS Transact IPO
- AGS Transact IPO will open on 19th Jan 2022.
- You can apply in this IPO from 19th Jan 2022 to 21st Jan 2022.
- Issue Price band of the company is Rs. 166 to Rs. 175 per equity share.
- This IPO comprises only an offer for sale of equity shares worth ₹ 680 crores.
- It has a minimum 85 shares in one lot and you have to spend a minimum ₹ 14,875 for 1 lot.
- AGS Transact IPO is looking to raise ₹ 680 crores through this IPO.
What is AGS Transact Technologies Limited?
- Incorporated in 2002, AGS Transact is a payment solution company which provides digital and cash-based solutions to banks and corporate clients.
- They provide services like ATM and Cash Recycler Machines (CRM) outsourcing, cash management and digital payment solutions including merchant solutions, transaction processing services and mobile wallets.
- They are one of the largest deployers of POS terminals at petroleum outlets in India.
- As of August 31, 2021 AGS Transact had installed and maintained 72,000 ATMs and CRMs, Provides cash services to 46,214 ATMs through SVIL, installed 221,066 merchant POS and approximately 46,800 cash billing terminals, automated 17,924 petroleum and installed 88,521 color dispensing machines.
- They have expanded their business in other Asisn countries like Sri Lanka, Singapore, Cambodia, Philippines and Indonesia etc.
- AGS Transact vision is to provide end-to-end cash and digital payment solutions and technology for the banking, retail, petroleum, e-commerce and fintech sectors
- They have clients like Hindustan Petroleum, Indian Oil Corporation, Dr. Lal Pathlabs, Patanjali Ayurved, RJ Corp Ltd, VRIPL Retail Pvt Ltd, Organic India, ICICI Bank, Axis Bank and HDFC Bank Ltd.
- Mr. Ravi B. Goyal is the Chairman and MD of the company.
- Financials of the company have been positive for the last three years. An important point to consider for the investors.
Grey Market Premium of AGS Transact IPO GMP
- Grey market is an unregulated market to trade ipo shares before listing.
- AGS Transact IPO price band is placed at ₹166 – ₹175
- Grey market premium of this share is currently 6 % i.e. at ₹ 10.
- So the current share price of AGS Transact IPO in the grey market is ₹ 185.
AGS Transact IPO Live Subscription Status
AGS Transact subscribed 6.94 times overall till 21 Jan, 2022. Get the detail subscription below.
| AGS Transact IPO subscription status live | Click here |
AGS Transact IPO Conditions to know before Investing, Date, Lot Size, Allotment
| IPO Start Date | 19 Jan 2022 |
| IPO Close Date | 21 Jan 2022 |
| Share Allotment Date | 27 Jan 2022 |
| Refunds Date | 28 Jan 2022 |
| Credit to Demat Account Date | 21 Jan 2022 |
| IPO Listing Date | 01 Feb 2022 |
| Fresh Equity Share Issue | NA |
| Offer For Sale (OFS) Equity Share | Approx worth ₹ 680 crores |
| Face Value | ₹ 10 Per Equity Share |
| Price Band | ₹ 166 – ₹ 175 Per Equity Share |
| Retail Quota Share | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Listing on | NSE & BSE |
| Minimum Lot Size | 85 Shares in 1 Lot |
| Minimum Amount | ₹ 14,875 For 1 Lot |
| Maximum Lot Size | 1105 Shares (13 Lot) |
| Maximum Amount | ₹ 1,93,375 (For 13 Lot) |
| Employee Discount | NA |
| DRHP | View |
AGS Transact IPO Financial Report of 2019,2020 & 2021
Company is making profits for the last three consecutive years which is a strong positive sign for the investors.
| Year | Revenue | Expense | PAT (Profit After Tax) |
| 2021 | ₹ 1797 | ₹ 1320 | ₹ 54.79 |
| 2020 | ₹ 1834 | ₹ 1338 | ₹ 83.01 |
| 2019 | ₹ 1827 | ₹ 1381 | ₹ 66.19 |
Basis of Allotment in AGS Transact IPO
- AGS Transact IPO’s 50 % quota is reserved for the QIB category.
- 15 % quota is reserved for NII Category and
- 35 % quota is reserved for retail investors.
How to Apply in AGS Transact IPO
- You can apply for the AGS Transact IPO through the ASBA facility available in your bank account.
- Just login to your online banking. GO to the IPO section and apply for AGS Transact IPO
- Also you can apply this IPO through your trading account
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the AGS Transact IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see AGS Transact IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the AGS Transact IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name AGS Transact IPO
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
AGS Transact IPO Allotment Status
You can check AGS Transact IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in AGS Transact IPO
AGS Transact Technologies Promoters
- Mr. Ravi B. Goyal
- Vineha Enterprises Pvt Ltd
AGS Transact IPO Lead Managers
- HDFC Bank Limited
- ICICI Securities Limited
- JM Financial Consultants Private Limited
AGS Transact Technologies contact information
AGS Transact Technologies Ltd
601-602 Trade World, B Wing, Kamala Mill Compound
Senapati Bapat Marg, Lower Parel,
Mumbai 400 013
- Phone: +91 22 6781 2000
- Email: ipocompliance@agsindia.com
- Website: http://www.agsindia.com/
AGS Transact IPO Registrar Contact Information
Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: ags.ipo@linkintime.co.in
- Website: https://linkintime.co.in/
AGS Transact IPO FAQs
What is AGS Transact IPO?
AGS Transact IPO is the main-board IPO which will be listed on NSE & BSE. They are going to raise ₹ 680 crore through this IPO. One lot has a minimum 85 shares and you have to spend a minimum of ₹ 14,875 for 1 lot.
What is AGS Transact IPO Price band?
AGS Transact IPO price band is ₹ 166 to ₹ 175.
What is the investors portion in AGS Transact IPO?
AGS Transact IPO’s 35 % quota is reserved for retail investors. 15 % quota is reserved for NII Category and 50 % quota is reserved for the QIB category.
When will the AGS Transact IPO open?
AGS Transact IPO will open on 19th Jan 2022.
What is the lot size of AGS Transact IPO?
Go First has a minimum 85 shares in 1 lot. Minimum amount for 1 lot is ₹ 14,875. Maximum lot size is 13 and maximum amount you have to pay for 13 lots is ₹ 1,93,375
When is the AGS Transact IPO Allotment?
Basis of Allotment for AGS Transact IPO will happen on 27th Jan 2022 and allotted shares will be deposited in your demat account on 31st Jan 2022.
When is the AGS Transact IPO Listing Date?
Shares of AGS Transact will list in the market on 01st Feb 2022.
Paisa kaudi recommendation on AGS Transact Technologies IPO
AGS Transact is one of the largest integrated payment solution company in India. Good revenue generation. Price range is convincing. Can be considered for listing gains and for long term as well. keep checking the GMP and subscription status for more clearance.
I hope this covers all the points on AGS Transact IPO. Any feedback or comment is welcome. We will get back to you shortly.
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