AGS Transact Technologies Ltd. IPO

AGS Transact Technologies Ltd.

IPO Listing Details

Listed On

BSE & NSE

Listed On

Issue Price

₹175

Issue Price

Listing Price

₹176

Listing Price

Listing Gains

+₹1.00 (+0.57%)

Listing Gains

IPO Details

Bidding Dates

19 Jan - 21 Jan '22

Bidding Dates

Min. Investment

₹14,110

Min. Investment

Lot Size

85.00

Lot Size

Price Range

₹166 - ₹175

Price Range

Issue Size

645 Cr

Issue Size

Subscription Rate

  • Retail Individual Investor
    3.08x
  • Non-Institutional Investor
    25.61x
  • Qualified Institutional Buyers
    2.68x
  • Employees


About Company

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.

Why should you invest in AGS Transact Technologies Ltd. IPO?

Here are some of the beneficial aspects of this business.

 

  • In India, the company is one of the most prominent omni-channel payment solution providers.
  • It has a well-balanced portfolio, a strong client base, and a steady revenue stream. It has a lengthy history of working with global technology suppliers.
  • In the previous two years, the company's sales have remained consistent. In 2020, it expects sales of INR 1,833.5 crores, rising to INR 1,797.1 crores in 2021.

Financial Snapshot - AGS Transact Technologies IPO

The company's total assets, revenues, and profits during the last three years are shown below.

  • Financial Year
    Total Revenue
    Total Assets
    Profit After Tax
  • August 2021
    Rs. 762.3 crores
    Rs. 2917.03 crores
    Rs. -18.1 crores
  • March 2021
    Rs. 1797.15 crores
    Rs. 2913.83 crores
    Rs. 54.79 crores
  • March 2020
    Rs. 1833.53 crores
    Rs. 2241.4 crores
    Rs. 83.01 crores

Important Dates - AGS Transact Technologies IPO

Following are some important events and their respective dates of AGS Transact Technologies IPO to take note of:

  • Application opens on
    19 January, 2022
  • Last date of application
    21 January, 2022
  • Date of allotment
    27 January, 2022
  • Refund begins from
    28 January, 2022
  • Stocks get credited in DEMAT A/C on
    31 January, 2022
  • Listing Date
    01 February, 2022


AGS Transact Technologies Ltd. IPO - SWOT Analysis

Strengths

 

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.


Weaknesses

 

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.


Opportunities

 

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.


Threats

 

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.


A competitive analysis

  • A supplier of omni-channel payment and cash solutions.
  • Product portfolio, customer base, and revenue stream are all diverse.
  • Strong ability to create tailored in-house solutions.
  • Long-term partnerships with major technology companies such as Diebold Nixdorf and ACI.
  • Internal infrastructure and technology capacities are strong.



How to apply for AGS Transact Technologies Ltd. IPO?

You can apply for the AGS Transact Technologies Ltd. IPO in these ways:

UPI
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.

Demat Account

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.

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AGS Transact Technologies Ltd. IPO FAQs

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.

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