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 Date | 19 – 21 January 2022 |
| AGS Transact IPO Price Band | INR166 – 175 per share |
| Fresh issue | NIL |
| Offer For Sale | INR 680 crore |
| Total IPO size | INR 680 crore |
| Minimum bid (lot size) | 85 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
AGS Transact Technologies’ Financial Performance
| Â | FY2019 | FY2020 | FY2021 | 5M FY2022 |
| Revenue | 1,823.6 | 1,833.5 | 1,797.2 | 762.3 |
| Expenses | 1,380.8 | 1,338.1 | 1,320.4 | 568.2 |
| Net income | 67.6 | 83.3 | 57.5 | (15.6) |
| Margin (%) | 3.7 | 4.5 | 3.2 | (2.0) |
AGS Transact IPO News
AGS Transact IPO Timetable
| IPO Opening Date | 19 January 2022 |
| IPO Closing Date | 21 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 NSE | INR175 per share (no change from IPO price) |
| Closing Price on NSE | INR154 per share (down 12% from IPO price) |
AGS Transact Technologies Valuations & Margins
| FY2019 | FY2020 | FY2021 | |
| EPS | 5.53 | 6.90 | 4.55 |
| PE ratio | – | – | 36.48 – 38.46 |
| RONW (%) | 15.91 | 16.70 | 10.29 |
| ROCE (%) | – | – | – |
| EBITDA (%) | 24.3 | 27.0 | 26.5 |
| Debt/Equity | – | – | – |
| NAV | 35.84 | 42.08 | 47.11 |
AGS Transact IPO Subscription – Live Updates
| Category | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | 81,92,770 | 0.00 | 0.49 | 2.68 |
| NII | 61,44,578 | 1.02 | 1.13 | 25.62 |
| Retail | 1,43,37,348 | 1.32 | 2.06 | 3.08 |
| Total | 2,86,74,696 | 0.88 | 1.42 | 7.79 |
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 LimitedÂ
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:Â [email protected]
Website: www.linkintime.co.in
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:Â +91 22 7181 8181
Email: [email protected];
Website: www.agsindia.com
AGS Transact IPO FAQs
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
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.
AGS Transact IPO opens on 19 January 2022 and closes on 21 January 2022.
AGS Transact IPO allotment is expected to be finalized by 27 January 2022.
AGS Transact IPO listing date is 31 January 2022.
