AGS Transact Tech IPO Details

AGS Transact Tech Fundamental Analysis, IPO Open / Close Date, News Tracker Alerts, Kostak , GMP and Finance.

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FAQ about AGS Transact Tech

AGS Transact Tech will start booking for IPO on 2022-01-19.

AGS Transact Tech will stop its booking for IPO on 2022-01-19.

The size of AGS Transact Tech IPO is ₹680.00 Cr.


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2022-01-19 - 2022-01-21
Issue Size ₹680.00 Cr
Price Band ₹166 to ₹175
Retail 0.40
QIB 0.00
Face Value ₹10
NIL 0.00
Subject To -
Min Qty 85

AGS Transact Tech Details

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;

  1. Payment Solution services such as ATM and CRM outsourcing, cash management services, digital payment solutions, transaction switching services, POS machine services, agency banking, etc. As of August 31, 2021, it has a portfolio of 14,099 ATMs and CRMs under outsourcing and 19,161 ATMs and CRMs under managed service segment. It has also deployed POS terminals at leading Indian petroleum outlets such as Hindustan Petroleum, Indian Oil Corporation while Dr. Lal Pathlabs, Patanjali Ayurved, RJ Corp Ltd, VRIPL Retail Pvt Ltd, Organic India are the corporate clients.
  2. Banking Automation Solutions i.e. Sale of ATM and CRM, self-service terminals, currency technology products, and relevant services. As of August 31, 2021, AGS Transact has 50+ banking customer base i.e. ICICI Bank. Axis Bank, and HDFC Bank Ltd.
  3. Other Automation Solutions for customers in petroleum, retail, and colour segments such as system automation products, system integration, remote management, and other service offerings.

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

  • An integrated omni-channel payment and cash solutions provider.
  • Diversified product portfolio, customer base, and revenue stream.
  • Strong capabilities to develop customized in-house solutions.
  • Long-standing relationship with global technology providers i.e. Diebold Nixdorf, ACI.
  • Strong in-house infrastructure and technological capabilities.

Objects of the Issue:

The IPO aims to utilize the net proceed for the following objectives;

  • To carry out an offer for sale by selling shareholders.
  • To realize the listing benefits of equity shares on the stock exchange.

Company Finance

Summary of financial Information (Restated Consolidated)
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

IPO Timetable

The AGS Transact IPO open date is Jan 19, 2022, and the close date is Jan 21, 2022. The issue may list on Feb 1, 2022.

IPO Open Date
Jan 19, 2022
IPO Close Date
Jan 21, 2022
Basis of Allotment Date
Jan 27, 2022
Initiation of Refunds
Jan 28, 2022
Credit of Shares to Demat Account
Jan 31, 2022
IPO Listing Date
Feb 1, 2022

AGS Transact IPO Lot Size

The AGS Transact IPO market lot size is 85 shares. A retail-individual investor can apply for up to 13 lots (1105 shares or ₹193,375).

Minimum
1 Lot, 85 Shares and ₹14,875
Maximum
13 Lot, 1105 Shares and ₹193,375

AGS Transact Tech Kostak

Kostak is not available. Subscribe alert we will send notification when its available and keep you updated.

AGS Transact Tech GMP

2022-01-21T21:17:32.874253+05:30
₹ 10
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