AGS Transact IPO

The first mainboard IPO of 2022, is ready to hit the primary markets on 19th January 2022. The IPO will be an offer for sale by the promoters of the company. Here are the full details of the AGS Transact Technologies Ltd. IPO.

AGS Transact Technologies Ltd. IPO Details

ParticularsIPO Details
AGS Transact IPO Opening Date19 January 2022
AGS Transact IPO Closing Date21 January 2022
AGS Transact IPO Listing Dates01 February 2022
AGS Transact IPO Allotment Dates27 January 2022
Issue TypeBook Built Issue IPO
Issue AmountRs. 680 Crore (offer for sale)
AGS Transact IPO Share PriceRs. 166 to 175 per equity shares
Face ValueRs. 10 per equity share
AGS Lot Size85 Shares and in multiples thereafter
Listing AtBSE and NSE

About the AGS Transact Technologies Ltd. IPO

About the Company- AGS Transact Technologies Ltd. provides customized products and services comprising ATM and CRM outsourcing, cash management, and digital payments solutions, including merchant solutions, transaction processing services, and mobile wallets.

It is the 2nd 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 has a portfolio of 14,099 ATMs and CRMs under outsourcing and 19,161 ATMs and CRMs under managed service segment.

AGS Transact Technologies IPO Review

Here are the key things, you must know about this public issue-

AGS Transact Technologies IPO Dates- AGM Transact IPO will open for subscription on Wednesday, 19 January 2022, and will close on Friday, 21 January 2022. The allotment and listing dates will be 27 January 2022 and 01 February 2022 respectively.

AGS Transact Technologies IPO Share Price- The price band of the AGS transacts IPO has been fixed at Rs. 166 to 175 per share. The face value of the share will be Rs. 10 per share.

AGS Transact Technologies IPO Issue Size- AGM Transact Technologies Ltd. will collect Rs. 680 Crore through its public offering.

AGS Transact Technologies IPO Lot Size- One can apply for a minimum of one lot and a maximum of 13 lots, for this minimum investment required to apply for the IPO is Rs. 14,875 and the maximum is Rs. 1,93,375.

AGS Transact Technologies IPO GMP- As per the market observers, shares of the AGS transact Limited are available at a premium of Rs. 18 in the grey market.

AGS Transact Technologies IPO Subscription Status– The tentative date for the share allocation is 27th January 2022, you can check the IPO allotment status through the registrar website.

AGS Transact Technologies Ltd. IPO Dates – Tentative Time Table

ParticularsDates
IPO Open DateJan 19, 2022
IPO Close DateJan 21, 2022
Basis of Allotment DateJan 27, 2022
Initiation of RefundsJan 28, 2022
The credit of Share to Demat A/cJan 31, 2022
IPO Listing DateFeb 01, 2022

AGS Transact Technologies Ltd. Financials

Particulars31st August 202131st March 202131st March 2020
Total Assets29170.3329138.3222413.95
Total Revenue7623.0417971.5218335.26
Profit After Tax (PBT) -181.05547.92830.14
Rs. in Million

AGS Transact Technologies Ltd. IPO Lot Size

A bidder can apply for a minimum of one lot a maximum of 13 lots of the public issue. This means that the investment limit on a single bidder is a minimum of Rs. 14,875 (175*85) and maximum Rs. 1,93,375 (13*175*85) respectively.

ApplicationLotsSharesAmount (Cut-off)
Minimum185Rs. 14,875
Maximum131105Rs. 193,375

How to Apply For AGS Transact Technologies Ltd. IPO

To apply for this IPO online, an investor has to open a Demat account/trading account with financial institutions that provide this facility. like upstox or Paytm Money. Once the account is open one should follow the below steps to apply online-

  • On the IPO date, the first login to your Demat a/c and select the IPO you wish to invest in.
  • Visit IPO Section your Demat a/c.
  • Select the AGS Transact Technologies IPO.
  • Click on Apply.
  • Enter your UPI ID.
  • Select Bid.
  • Check the box of SEBI Terms and Conditions.
  • Confirm the UPI AutoPay request from the UPI app.
  • Kudos! your IPO application will be submitted and sent to the company.

New Tax Route Users Frequently Asked Questions

  1. AGS Transact Technologies Ltd. IPO is good or bad?

    As per the market observers, shares of the AGS transact Limited are available at a premium of Rs. 18 in the grey market, which results in more than 10% premium listing. If 10% profit is sufficient for you then you can buy it for short-term purposes, otherwise hold it for long-term.

  2. What is the listing Date of AGS Transact Technologies Ltd. IPO?

    AGM Transact IPO will open for subscription on Wednesday, 19 January 2022, and will close on Friday, 21 January 2022. The listing date will be 01 February 2022.

  3. What is the allotment Date of AGS Transact Technologies Ltd. IPO?

    AGM Transact Technologies Ltd. will collect Rs. 680 Crore through its public offering. The shares of the company will be allotted to the subscribers on 27th February 2022.

  4. AGS Transact Technologies Ltd. IPO should I buy?

    The shares of the AGS transact Limited are available at a grey market premium of Rs. 18, which results in more than 10% premium listing. If 10% profit is sufficient for you then you can buy it for short-term purposes, otherwise hold it for long-term.

  5. What is the Grey Market Premium of AGS Transact Technologies Limited IPO?

    As per the grey market observers, shares of the AGS transact Limited are available at a premium of Rs. 18 in the grey market.

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Disclaimer: The information contained in the above article are solely for informational purpose after exercising due care. However, it does not constitute professional advice or a formal recommendation. The author does not own any responsibility for any loss or damage caused to any person, directly or indirectly, for any action taken on the basis of the above article.

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