AGS Transact Technologies IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 19 Jan 2022 - 21 Jan 2022
Issue Size ₹680.00 Cr
Issue Price ₹166-175
Market Lot 85 Shares
Shares on Offer
Registrar Link Intime
GMP ₹8-10
Kostak ₹200
Subject to Sauda ₹600
Listing Date 01 Feb 2022
Listing Price N/A
Listing Gain% N/A

About AGS Transact Technologies Limited

Incorporated as AGS Infotech Private Limited, a private limited company under the Companies Act, 1956 in 2002, AGSTTL started providing banking automation solutions in India in 2004. We deployed products from international solution providers such as Diebold Nixdorf and established our own country-wide service infrastructure and automation solutions expertise to provide related services. Beginning in 2009, we leveraged our banking automation solutions expertise and service reach to offer ATM outsourcing and managed services by, among 299 other things, entering into two cooperation agreements with Diebold Nixdorf for banking and retail products.

As part of our strategy to strengthen our presence in the cash value chain, offer an integrated payments platform and improve our operational efficiencies, we commenced offering transaction switching services in 2011 and cash management services in 2012. In 2014, we expanded our offerings into digital payment solutions, enhancing our integrated digital platform and Software-as-a-Service ("SaaS") capabilities. In 2016, we entered into an alliance with ACI Worldwide ("ACI"), a leading international payments solution provider, which has further strengthened our value proposition to customers.

We operate our business in the following segments: Payment Solutions, Banking Automation Solutions; and Other Automation Solutions (for customers in the retail, petroleum and colour sectors).

As of August 31, 2021, including our subsidiaries, we had 34 branch offices across India and an employee base of 12, 935 personnel, including 1,562 engineers and 6,158 ATM officers, engaged in our core operations.

Company Promoters

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

Company Financials

Particulars 31-Mar-21 31-Mar-20
Total Assets (In ₹ Millions) 29,138.32 22,413.95
Total Revenue (In ₹ Millions) 17,971.52 18,335.26
Profit After Tax (PAT) (In ₹ Millions) 547.92 830.14

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
22 Jan 2022 ₹8-10 ₹200 ₹600

Strengths & Weaknesses

Strength
Weakness

AGS Transact Technologies Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 19 Jan 2022 0.00 1.02 1.32 0.88
Day 2 - 20 Jan 2022 0.49 1.13 2.06 1.42
Day 3 - 21 Jan 2022 2.68 25.61 3.08 7.79

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

AGS Transact Technologies Limited IPO FAQs

  1. When will AGS Transact Technologies Limited IPO open?

    AGS Transact Technologies Limited IPO will open on 19 Jan 2022 and close on 21 Jan 2022.

  2. What is the listing date of AGS Transact Technologies Limited IPO?

    AGS Transact Technologies Limited IPO will list on 01 Feb 2022.

  3. What is the offer price of AGS Transact Technologies Limited IPO?

    The offer price of AGS Transact Technologies Limited IPO is ₹166-175.

  4. What is the lot size of AGS Transact Technologies Limited IPO?

    The lot size of AGS Transact Technologies Limited IPO is 85.

  5. What is the Grey Market Premium (GMP) price of AGS Transact Technologies Limited IPO?

    The Grey Market Premium (GMP) price of AGS Transact Technologies Limited IPO is ₹8-10.

  6. What is the Kostak price of AGS Transact Technologies Limited IPO?

    The Kostak price of AGS Transact Technologies Limited IPO is ₹200.

  7. What is the Subject to Sauda price for AGS Transact Technologies Limited IPO?

    The Subject to Sauda price for AGS Transact Technologies Limited IPO is ₹600.

AGS Transact Technologies Limited IPO Review/Comments

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