AGS Transact Technologies Limited IPO Details

AGS Transact Technologies Limited IPO Details

This IPO will open on 19-Jan-2022

About Company

It is one of the largest integrated omni-channel payment solutions providers in India in terms of providing digital and cash-based solutions to banks and corporate clients, as of March 31, 2021. It 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, the company was 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 March 31, 2021, It deployed 207,335 payment terminals and was 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 (Source: Ken Payments Report).

Objects of the Issue:

The IPO aims to utilize the net proceed for the following objectives;
1. To carry out an offer for sale by selling shareholders.
2. To realize the listing benefits of equity shares on the stock exchange.

Company Promoters:

Mr. Ravi B. Goyal and Vineha Enterprises Pvt Ltd are the company promoters.

Company Financials:

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 Dates

Open Date19 Jan 2022

Close Date21 Jan 2022

Application Timings 10AM – 5PM

Offer End: 21 Jan 2022
Allotment finalization: 27 Jan 2022
Refund initiation: 28 Jan 2022
Listing: 01 Feb 2022

IPO Opening Date: Jan 19, 2022
IPO Closing Date: Jan 21, 2022
Issue Type: Book Built Issue IPO
Face Value: ₹10 per equity share
IPO Price: [.] to [.] per equity share
Market Lot: 85, Bid Price: 166 – 175
Min Order Quantity: 85
Listing At : BSE, NSE
Issue Size: [.] Eq Shares of ₹10 (aggregating up to ₹680.00 Cr)
Offer for Sale: [.] Eq Shares of ₹10
(aggregating up to ₹680.00 Cr)

Company Contact Information

AGS Transact Technologies Limited
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/

AGS Transact IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: ags.ipo@linkintime.co.in
Website: https://linkintime.co.in/

What is AGS Transact IPO?

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 [.] to [.] per equity share. The minimum order quantity is .

The IPO opens on Jan 19, 2022, and closes on Jan 21, 2022.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

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 Transact IPO?

AGS Transact IPO lot size 85 and the minimum order quantity is 85.

When is AGS Transact IPO listing date?

The AGS Transact IPO listing date is not yet announced. The tentative date of AGS Transact IPO listing is Feb 1, 2022.