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AGS Transact Technologies IPO is a book build issue of ₹680.00 crores. The issue is entirely an offer for sale of 3.89 crore shares of ₹680.00 crore.
AGS Transact Technologies IPO bidding started from Jan 19, 2022 and ended on Jan 21, 2022. The allotment for AGS Transact Technologies IPO was finalized on Jan 27, 2022. The shares got listed on BSE, NSE on Jan 31, 2022.
AGS Transact Technologies IPO price band is set at ₹175.00 per share . The lot size for an application is 85. The minimum amount of investment required by an retail is ₹14,110 (85 shares). The lot size investment for sNII is 14 lots (1,190 shares), amounting to ₹2,08,250, and for bNII, it is 68 lots (5,780 shares), amounting to ₹10,11,500.
HDFC Bank Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to AGS Transact Technologies IPO RHP for detailed Information.
| IPO Date | January 19, 2022 to January 21, 2022 |
| Listing Date | January 31, 2022 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹166 to ₹175 per share |
| Issue Price Final | ₹175 per share |
| Lot Size | 85 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 3,88,57,141 shares (aggregating up to ₹680.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 12,03,92,576 shares |
| Share Holding Post Issue | 12,03,92,576 shares |
AGS Transact IPO offers total 3,88,57,141 shares. Out of which 1,94,28,569 (50.00%) allocated to QIB, 77,71,428 (20.00%) allocated to QIB, 58,28,572 (15.00%) allocated to NII, 1,36,00,000 (35.00%) allocated to RII and 1,16,57,141 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 1,94,28,569 (50.00%) | NA |
| − Anchor Investor Shares Offered | 1,16,57,141 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 77,71,428 (20.00%) | NA |
| NII (HNI) Shares Offered | 58,28,572 (15.00%) | NA |
| Retail Shares Offered | 1,36,00,000 (35.00%) | 1,60,000 |
| Total Shares Offered | 3,88,57,141 (100.00%) |
AGS Transact Technologies IPO raises ₹204.00 crore from anchor investors. AGS Transact Technologies IPO Anchor bid date is January 18, 2022. AGS Transact Technologies IPO Anchor Investors list
| Bid Date | January 18, 2022 |
| Shares Offered | 1,16,57,141 |
| Anchor Portion Size (In Cr.) | 204.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | February 26, 2022 |
| Anchor lock-in period end date for remaining shares (90 Days) | April 27, 2022 |
AGS Transact Technologies IPO opens on January 19, 2022, and closes on January 21, 2022.
| IPO Open Date | Wed, Jan 19, 2022 |
| IPO Close Date | Fri, Jan 21, 2022 |
| Tentative Allotment | Thu, Jan 27, 2022 |
| Initiation of Refunds | Fri, Jan 28, 2022 |
| Credit of Shares to Demat | Mon, Jan 31, 2022 |
| Tentative Listing Date | Mon, Jan 31, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jan 21, 2022 |
Investors can bid for a minimum of 85 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 85 | ₹14,875 |
| Retail (Max) | 13 | 1,105 | ₹1,93,375 |
| S-HNI (Min) | 14 | 1,190 | ₹2,08,250 |
| S-HNI (Max) | 67 | 5,695 | ₹9,96,625 |
| B-HNI (Min) | 68 | 5,780 | ₹10,11,500 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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...
| Listing Date | January 31, 2022 |
| BSE Script Code | 543451 |
| NSE Symbol | AGSTRA |
| ISIN | INE583L01014 |
| Final Issue Price | ₹175 per share |
| BSE Listing Group | B |
AGS Transact Technologies Ltd.
601-602 Trade World, B Wing, Kamala Mill Compound
Senapati Bapat Marg, Lower Parel,
Mumbai 400 013
Mumbai, Maharashtra
Phone: +91 22 6781 2000
Email: ipocompliance@agsindia.com
Website: http://www.agsindia.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: ags.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
AGS Transact Technologies IPO is a main-board IPO of 3,88,57,141 equity shares of the face value of ₹10 aggregating up to ₹680.00 Crores. The issue is priced at ₹175 per share. The minimum order quantity is 85.
The IPO opens on January 19, 2022, and closes on January 21, 2022.
MUFG Intime India Pvt.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 Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in AGS Transact Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in AGS Transact Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The AGS Transact Technologies IPO opens on January 19, 2022 and closes on January 21, 2022.
AGS Transact Technologies IPO lot size is 85, and the minimum amount required for application is ₹14,875.
You can apply in AGS Transact Technologies IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for AGS Transact Technologies 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 Technologies IPO allotment status.
The AGS Transact Technologies IPO listing date is on Monday, January 31, 2022.
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