AGS Transact Technologies IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About AGS Transact Technologies
- Important Details – AGS Transact Technologies
- Objects of the Issue
- AGS Transact Technologies Limited Financials:
- AGS Transact Technologies IPO Price – Details
- AGS Transact IPO DRHP & RHP
- AGS Transact IPO Lot Size
- AGS Transact IPO Lead Managers
- AGS Transact Technologies IPO Registrar
- Company Promoters
- AGS Transact IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Corporate Office
- Company Registered Office
- AGS Transact Technologies IPO – FAQS
About AGS Transact Technologies
AGS Transact Technologies 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. The company provides customised 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 March 31, 2021, AGS Transact Technologies is 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.
As of August 31, 2021, the company deployed 221,066 payment terminals and were one of the largest deployers of POS terminals at petroleum outlets in India, having rolled out IPS at more than 16,000 petroleum outlets with 28,986 terminals in India, as of March 31, 2021.
The company operate the business in the following segments :
- Payment Solutions;
- Banking Automation Solutions; and
- Other Automation Solutions (for customers in the retail, petroleum and colour sectors).
Important Details – AGS Transact Technologies
| Date | Details |
|---|---|
| December 11, 2002 | The company was incorporated in Mumbai, Maharashtra as AGS Infotech Private Limited, a private limited company |
| June 3, 2010 | The name of the company was subsequently changed to AGS Transact Technologies Private Limited |
| July 20, 2010 | The company was then converted into a public limited company and consequently, its name was changed to AGS Transact Technologies Limited |
Objects of the Issue
- carry out the offer for sale by the Selling Shareholders; and
- to realise the benefits of listing of the Equity Shares on the Stock Exchanges, enhancement of the Company’s brand name and creation of a public market for the Equity Shares in India
AGS Transact Technologies Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in millions) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 29,138.32 | 22,413.95 | 20,544.26 |
| Total income | 17,971.52 | 18,335.26 | 18,236.30 |
| Total Expenses | 13,203.92 | 13,380.65 | 13,807.55 |
| Profit After Tax | 547.92 | 830.14 | 661.94 |
AGS Transact Technologies IPO Price – Details
| Description | AGS Transact IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto [.] equity shares of ₹ 10 (aggregating up to ₹ 680 crore) |
| Issue Open Date | 19-Jan-22 |
| Issue Close Date | 21-Jan-22 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 166 – ₹ 175 |
| Face Value | ₹ 10 |
| Market Lot | 85 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 85 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
AGS Transact IPO DRHP & RHP
AGS Transact IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 85 | ₹ 14,875 |
| Maximum | 13 | 1105 | ₹ 1,93,375 |
AGS Transact IPO Lead Managers
- ICICI Securities Limited
- HDFC Bank Limited
- JM Financial Limited
AGS Transact Technologies IPO Registrar
Company Promoters
- Mr. Ravi B. Goyal
- Vineha Enterprises Pvt Ltd
AGS Transact IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 19-Jan-22 |
| Bid / Offer Closes on | 21-Jan-22 |
| Finalisation of Basis of Allotment | 27-Jan-22 |
| Initiation of refunds | 28-Jan-22 |
| Credit of the Equity Shares | 31-Jan-22 |
| Listing Date | 01-Feb-22 |
Company Peers – Comparison of Accounting Ratios
There are no listed companies in India whose business portfolio is comparable with that of AGS Transact Technologies business and comparable to the scale of operations. Hence, it is not possible to provide an industry comparison in relation to the company.
Company Corporate Office
14th Floor, Tower 3, One International Center,
Senapati Bapat Marg,
Prabhadevi (West),
Mumbai 400 013,
Maharashtra, India
Website: www.agsindia.com
Company Registered Office
601-602 Trade World, B Wing,
Kamala Mill Compound,
Senapati Bapat Marg,
Lower Parel, Mumbai 400 013,
Maharashtra, India
AGS Transact Technologies IPO – FAQS
What is the AGS Technologies IPO Price?
The AGS Technologies IPO price band is ₹ 166 – ₹ 175 per share
When AGS Transact IPO will open?
The AGS Transact IPO opens on Jan 19, 2022 and closes on Jan 21, 2022
What is the lot size of AGS Technologies IPO?
The AGS Transact Technologies IPO lot size is 85 Equity Shares and the minimum order quantity is 85 Equity Shares
Who is the Registrar for AGS Technologies IPO?
The Registrar for AGS Transact Technologies IPO is Link Intime India Private Limited
How to apply in AGS Transact Technologies IPO through UPI?
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How to apply in AGS Transact Technologies IPO through Zerodha?
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