Bookbuilding IPO | ₹680 Cr | Listed at BSE, NSE | Wed, Jan 19, 2022 - Fri, Jan 21, 2022
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 per share. The lot size for an application is 85. The minimum amount of investment required by an retail is ₹14,875 (85 shares) (based on upper price). 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 Open
Wed, Jan 19, 2022
IPO Close
Fri, Jan 21, 2022
Issue Price
₹175 per share
Market Cap (Pre-IPO)
₹2,106.87 Cr
| IPO Date | 19 to 21 Jan, 2022 |
| Listed on | Mon, Jan 31, 2022 |
| Face Value | ₹10 per share |
| Price Band | ₹166 to ₹175 |
| Issue Price | ₹175 per share |
| Lot Size | 85 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 3,88,57,141 shares (agg. up to ₹680 Cr) |
| Offer for Sale | 3,88,57,141 shares of ₹10 (agg. up to ₹680 Cr) |
| Share Holding Pre Issue | 12,03,92,576 shares |
| Share Holding Post Issue | 12,03,92,576 shares |
| BSE Script Code / NSE Symbol | 543451 / AGSTRA |
| ISIN | INE583L01014 |
AGS Transact Technologies 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 (Ex- Anchor), 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 | Max 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%) |
Investors can bid for a minimum of 85 shares and in multiples thereof.
| 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 |
AGS Transact Technologies IPO raises ₹204.00 crore from anchor investors. AGS Transact Technologies IPO Anchor bid date is January 18, 2022.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Jan 18, 2022 |
| Shares Offered | 1,16,57,141 |
| Anchor Portion (₹ Cr.) | 204.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Feb 26, 2022 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Apr 27, 2022 |
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
| Period Ended |
|---|
| Amount in ₹ Crore |
| KPI | |
|---|---|
| RoNW | 10.29 |
| EBITDA Margin | 26.50% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.62 | |
| Promoter Holding | 98.23% | 66.07% |
| Market Cap | ₹2,106.87 Cr. |
The AGS Transact IPO is subscribed 7.79 times on January 21, 2022 5:00:00 PM (Day 3). 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)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 2.68 | 81,92,770 | 2,19,42,750 |
| NII | 25.61 | 61,44,578 | 15,73,82,940 |
| Retail | 3.08 | 1,43,37,348 | 4,41,48,575 |
| Total | 7.79 | 2,86,74,696 | 22,34,74,265 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers’ fees and commissions (including underwriting commission, brokerage and selling commission) | 18.70 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 1.98 |
| 3 | Fees payable to the Registrar to the Offer | 0.02 |
| 4 | Others | |
| 5 | Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | 2.45 |
| 6 | Printing and stationery | 1.13 |
| 7 | Advertising and marketing expenses | 1.71 |
| 8 | Fee payable to legal counsels | 4.51 |
| 9 | Miscellaneous | 0.50 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹175.00 | ₹175.00 |
| Open | ₹176.00 | ₹175.00 |
| Low | ₹153.80 | ₹154.00 |
| High | ₹181.85 | ₹181.85 |
| Last Trade | ₹161.30 | ₹161.05 |
Lead Manager Reports
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 Crores. The issue is priced at ₹175 per share. The minimum order quantity is 85.
The IPO opens on Wed, Jan 19, 2022, and closes on Fri, Jan 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 Wed, Jan 19, 2022 and closes on Fri, Jan 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 Mon, Jan 31, 2022. Check the AGS Transact Technologies IPO allotment status.
The AGS Transact Technologies IPO listing date is on Mon, Jan 31, 2022.
