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AGS Transact IPO is a book built issue of Rs 680.00 crores. The issue is entirely an offer for sale.
AGS Transact IPO bidding started from January 19, 2022 and ended on January 21, 2022. The allotment for AGS Transact IPO was finalized on Thursday, January 27, 2022. The shares got listed on BSE, NSE on January 31, 2022.
AGS Transact IPO price band is set at ₹166 to ₹175 per share. The minimum lot size for an application is 85 Shares. The minimum amount of investment required by retail investors is ₹14,875.
Hdfc Bank Limited, ICICI Securities Limited and Jm Financial Limited are the book running lead managers of the AGS Transact IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to AGS Transact IPO RHP for detailed information.
| IPO Date | January 19, 2022 to January 21, 2022 |
| Listing Date | January 31, 2022 |
| Face Value | ₹10 per share |
| Price Band | ₹166 to ₹175 per share |
| Lot Size | 85 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹680.00 Cr) |
| Offer for Sale | [.] shares of ₹10 (aggregating up to ₹680.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
AGS Transact IPO offers 28,674,696 shares. 8,192,770 (28.57%) to QIB, 6,144,578 (21.43%) to NII, 14,337,348 (50.00%) to RII. 168,674 RIIs will receive minimum 85 shares and (sNII) and (bNII) will receive minimum 1,190 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 8,192,770 (28.57%) | NA |
| NII (HNI) Shares Offered | 6,144,578 (21.43%) | |
| Retail Shares Offered | 14,337,348 (50.00%) | 168,674 |
| Total Shares Offered | 28,674,696 (100%) |
AGS Transact IPO opens on January 19, 2022, and closes on January 21, 2022.
| IPO Open Date | Wednesday, January 19, 2022 |
| IPO Close Date | Friday, January 21, 2022 |
| Basis of Allotment | Thursday, January 27, 2022 |
| Initiation of Refunds | Friday, January 28, 2022 |
| Credit of Shares to Demat | Monday, January 31, 2022 |
| Listing Date | Monday, January 31, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 21, 2022 |
Investors can bid for a minimum of 85 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 85 | ₹14,875 |
| Retail (Max) | 13 | 1105 | ₹193,375 |
| Lot Size Calculator | |||
Mr. Ravi B. Goyal and Vineha Enterprises Pvt Ltd are the company promoters.
| Share Holding Pre Issue | 98.23% |
| Share Holding Post Issue | 66.07% |
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, Singapre, Indonesia, and Philippines. The firm primarily operates in 3 business segments;
As of August 31, 2021, it had installed a network of 221,066 merchant POS, 17,924 petroleum outlets, 72,000 ATMs and CRMs offering cash management services, 46,800 cash billing terminals, and installed 88,521 colour dispensing machines. The business serves customers in 2200 cities and towns through 446,000 machines or customer touch points.
Competitive strengths
| Particulars | For the year/period ended (₹ in Millions) | ||||
|---|---|---|---|---|---|
| 31-Aug-21 | 31-Mar-21 | 31-Mar-20 | |||
| Total Assets | 29,170.33 | 29,138.32 | 22,413.95 | ||
| Total Revenue | 7,623.04 | 17,971.52 | 18,335.26 | ||
| Profit After Tax | - 181.05 | 547.92 | 830.14 | ||
[Dilip Davda] The company that has been planning a maiden float since 2010 is finally entering the capital market with its OFS. Major points of concern were static top line for the last three fiscals, losses incurred for the 5M of FY22. Based on financial parameters, the issue is fully priced. However, considering bright prospects for the segment going forward, cash surplus/risk seekers may consider an investment with a long term perspective. Read detail review...
The AGS Transact IPO is subscribed 7.79 times on January 21, 2022 5:00:00 PM. The public issue subscribed 3.08 times in the retail category, 2.68 times in the QIB category, and 25.61 times in the NII category. Check Day by Day Subscription Details (Live Status)
Application Wise IPO Subscription (Retail): 2.74 times
| Category | Subscription (times) |
|---|---|
| QIB | 2.68 |
| NII | 25.61 |
| Retail | 3.08 |
| Total | 7.79 |
| Listing Date | January 31, 2022 |
| BSE Script Code | 543451 |
| NSE Symbol | AGSTRA |
| ISIN | INE583L01014 |
| Final Issue Price | ₹175 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹175.00 |
| ₹176.00 |
| ₹153.80 |
| ₹181.85 |
| ₹161.30 |
| NSE |
|---|
| ₹175.00 |
| ₹175.00 |
| ₹154.00 |
| ₹181.85 |
| ₹161.05 |
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/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: ags.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
AGS Transact IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹680.00 Crores. The issue is priced at ₹166 to ₹175 per share. The minimum order quantity is 85 Shares.
The IPO opens on January 19, 2022, and closes on January 21, 2022.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in AGS Transact IPO using UPI as a payment gateway. Zerodha customers can apply in AGS Transact IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in AGS Transact IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The AGS Transact IPO opens on January 19, 2022 and closes on January 21, 2022.
AGS Transact IPO lot size is 85 Shares, and the minimum amount required is ₹14,875.
You can apply in AGS Transact IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for AGS Transact IPO will be done on Thursday, January 27, 2022, and the allotted shares will be credited to your demat account by Monday, January 31, 2022. Check the AGS Transact IPO allotment status.
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