AGS Transact IPO Date, Price, Market Lot, Subscription


Last updated on August 28, 2022

AGS Transact IPO GMPAGS Transact IPO ReviewsAllotment Status

AGS Transact IPO date is scheduled for 19 January 2022. The IPO price band is set at INR166 – 175 per share. There are no fresh shares being issued while existing shareholders plan to sell shares worth INR680 crore through Offer For Sale (OFS).

The company is one of the largest integrated omni-channel payment solutions provider in India in terms of providing digital and cash-based solutions to banks and corporate clients. It operates its business in three segments:

  • Payment Solutions
  • Banking Automation Solutions and
  • Other Automation Solutions (for customers in the retail, petroleum and colour sectors)

It provides customized products and services comprising ATM and CRM outsourcing, cash management and digital payment solutions including merchant solutions, transaction processing services and mobile wallets.

As of 31 March 2021, it was the second largest company in India in terms of (i) revenue from ATM managed services under the outsourcing model, and (ii) revenue from cash management and number of ATMs replenished.

The company deployed 207,335 payment terminals and was one of the largest deployers of POS terminals at petroleum outlets in India, having rolled out Integrated Payment Solutions (IPS) at more than 16,000 petroleum outlets with 28,986 terminals in India. It has also expanded internationally in other Asian countries comprising Sri Lanka, Singapore, Cambodia, Philippines and Indonesia.

Promoters of AGS Transact Technologies – Mr. Ravi B. Goyal and Vineha Enterprises Private Limited

AGS Transact IPO Date, Size & Price Band

AGS Transact IPO Date19 – 21 January 2022
AGS Transact IPO Price BandINR166 – 175 per share
Fresh issueNIL
Offer For SaleINR 680 crore
Total IPO sizeINR 680 crore
Minimum bid (lot size)85 shares
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE, BSE

AGS Transact Technologies’ Financial Performance

 FY2019FY2020FY20215M FY2022
Net income67.6 83.357.5(15.6)
Margin (%)
Figures in INR crore unless specified otherwise

AGS Transact IPO News

AGS Transact IPO Timetable

IPO Opening Date19 January 2022
IPO Closing Date21 January 2022
Finalisation of Basis of Allotment 27 January 2022
Initiation of refunds 28 January 2022
Transfer of shares to demat accounts 31 January 2022
Listing Date 31 January 2022
Opening Price on NSEINR175 per share (no change from IPO price)
Closing Price on NSEINR154 per share (down 12% from IPO price)

AGS Transact Technologies Valuations & Margins

PE ratio36.48 – 38.46
RONW (%) 15.9116.7010.29
ROCE (%)
EBITDA (%) 24.3 27.0 26.5
NAV35.8442.08 47.11

AGS Transact IPO Subscription – Live Updates

CategoryShares OfferedDay 1Day 2Day 3
Subscription figures in number of times, at 05:00 PM

AGS Transact Competitors & Peers

  • Brinks
  • CMS Info Systems
  • Diebold Nixdorf
  • Euronet
  • FIS
  • FSS
  • Hitachi Payments
  • NCR Corporation
  • SIS Prosegur
  • Writer Corporation
  • Hyosung

AGS Transact Offer Registrar

Link Intime India Private Limited 
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]

AGS Transact Contact Details

AGS Transact Technologies Limited
14th Floor, Tower 3,
One International Center,
Senapati Bapat Marg,
Prabhadevi (West), Mumbai 400 013,
Maharashtra, India
Phone: +91 22 7181 8181
Email: [email protected];

AGS Transact IPO FAQs

How many shares in AGS Transact IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply in AGS Transact Technologies IPO?

The best way to apply in AGS Transact IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What are AGS Transact IPO Dates?

AGS Transact IPO opens on 19 January 2022 and closes on 21 January 2022.

When is AGS Transact IPO allotment date?

AGS Transact IPO allotment is expected to be finalized by 27 January 2022.

When is AGS Transact IPO listing date?

AGS Transact IPO listing date is 31 January 2022.


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