BSE & NSE
19 Jan - 21 Jan '22
₹166 - ₹175
In the context of online and cash-based services to banking and corporate customers, AGS Transact Technologies is one of India's leading comprehensive omni-channel payment systems providers. They also offer a variety of specialized goods and services, such as ATM and CRM offshore, cash flow management, and electronic payment systems, such as merchants strategies, transaction processing, and e - wallets.
Here are some of the beneficial aspects of this business.
The company's total assets, revenues, and profits during the last three years are shown below.
Following are some important events and their respective dates of AGS Transact Technologies IPO to take note of:
The company is a prominent provider of Omni-Channel Integrated Payment and Cash Solutions. It offers a customer-focused portfolio and strong in-house capabilities for developing customized solutions. Cross-selling opportunities exist due to the company's diverse product portfolio, customer base, and revenue streams.
The company's initial public offering (IPO) only has a single offer for sale of INR 680 crores. The selling shareholders would get the offer for sale, and the corporation would not receive any money. While the corporation made money in 2020 and 2021, it lost money for the five months ending in August of this year. The business has been harmed by the pandemic. It is unpredictable, and it may continue to have an influence on the company in the future.
It has a lengthy history of working with technology providers and customers. It has its own specialized infrastructure and technological capabilities. It has a senior management team and a board of directors with a lot of experience.
Customers in India's banking sector account for a substantial amount of the company's income. Any negative trend in ATM growth or use might have a negative impact on a company's bottom line. A small number of clients account for a large part of the company's revenue. A loss of one or more clients may have a negative influence on the company. The Indian government wants to become totally digital. A decrease in the usage of cash as a payment method may have a negative impact on the company.
You can apply for the AGS Transact Technologies Ltd. IPO in these ways:
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.
1. If you are an Existing TradeSmart demat account holder and wish to apply for an AGS Transact Technologies Ltd. click here.
2. If you don't have a TradeSmart Account? Sign up.
What percentage of the IPO is allotted to each investment group?
QIB - A minimum of 50% of the available shares. Retail - Not less than 35% of the available shares. NII / HNI - A minimum of 15% of the available shares.
What is the minimum subscription amount for this IPO?
Investors must apply for 85 shares at the lowest price band of INR 166 per share, which is INR 14,110. Similarly, the minimum amount to apply to the INR 175 higher pricing band is INR 14,875.
What is the current AGS Transact Technologies IPO GMP?
GMP stands for the premium at which shares trade in the offline market. Because it is an unorganized market, this is merely an indicator of the IPO price. This IPO does not have any offline transactions.
When will the AGS Transact initial public offering (IPO) begin?
The AGS Transact IPO will take place on January 19, 2022, and will conclude on January 21, 2022.
What is the AGS Transact IPO lot size?
The lot size for the AGS Transact IPO is 85 shares.
When will AGS complete the IPO allotment?
The AGS Transact IPO's Basis of Allotment will be finalized on January 27, 2022, and the assigned shares will be deposited to your demat account by January 31, 2022.
When will AGS Transact go public?
The AGS Transact initial public offering (IPO) date has yet to be announced. The tentative IPO date for AGS Transact is February 1, 2022.