Following the close of bidding for the INR 680 crore public offering, all eyes are now on the share distribution procedure, which will most likely take place on the 27th January. The public issue of AGS Transact Technologies was subscribed 7.79 times, while the retail component was subscribed 3.08 times.
As a result, it’s no wonder that the IPO announcement caused a stir in the stock market. The much-anticipated AGS Transact initial public offering (IPO) has ended. The bidding period ran from January 19 until January 21, 2022.
AGS transact IPO Schedule (Tentative)
|Opening Date||19 January 2022|
|Closing Date||21 January 2022|
|Price band per share||INR. 166 to RS. 175|
|Issue Size||INR. 680 crores|
|Minimum Investment||INR. 14,100|
|AGS Transact IPO Listing date||1 February 2022|
|Finalization of Allotment Basis||27 January 2022|
Keep an eye on this area for frequent updates on AGS Transact’s initial public offering.
How to check the allotment status of AGS transact IPO
You are given an application ID when you apply for shares in a specific IPO, which you will use to verify your allocation. Then you must wait for information on the actual number of shares that have been assigned to you. The allotment process is handled by the IPO’s registrar. The registrar, a SEBI-registered business, is also in charge of application processing and allotting. Following that, the successful candidates are electronically updated, and refunds are uploaded and sent out.
You will learn the actual number of shares that have been allotted to you only when the allocation procedure is completed. TradeSmart makes it simple to keep track of the AGS Transact IPO’s allotment status with frequent updates and alerts.
You may visit the registrar’s website to verify the status of your share allocation. To check the status of your allocation, you’ll need the following:
- DP Client ID
- Application Number
You may also monitor the progress of your bid by going online and logging onto the NSE or BSE websites. You may check the status after entering the PAN Card number, ID number, and application number. When you check the AGS Transact IPO’s allotment status, you’ll get one of the following results:
- Not Allocated
Take a look at this to get an idea of what the allotment result might look like:
- Application Number: PK132577656175
- Name: Mrs Ritu Batra
- Shared Applied: 25
- Shares Allotted: 25
Investing in a firm with a great financial track record is usually a good idea. In the previous 2.5 years, AGS Transact Technologies has maintained a consistent income stream. Online entries for the AGS Transact IPO may be made using UPI or ASBA as a payment method. Your bank’s online banking system may be used to access the ASBA IPO registration. UPI IPO software is used by brokers that do not offer banking services, and you may use it to participate in the AGS Transact IPO.