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AGS Transact Technologies IPO GMP, AGS Transact Technologies Grey Market Premium

AGS Transact Technologies IPO GMP, AGS Transact Technologies Grey Market Premium

AGS Transact Technologies IPO: AGS Transact Technologies IPO GMP (AGS Transact Technologies Grey Market Premium Today), AGS Transact Technologies IPO Date, AGS Transact Technologies IPO Review, AGS Transact Technologies IPO Benefits & Risks. We will update AGS Transact Technologies GMP daily. Also, all information related to AGS Transact Technologies IPO like price band, all dates, issue size and retail parts etc. All the important information about AGS Transact Technologies IPO is given below.
AGS Transact Technologies IPO GMP
AGS Transact Technologies IPO GMP Today

    AGS Transact Technologies IPO

    AGS Transact Technologies Limited is one of India's leading integrated Omni-channel payment solutions providers. Also AGS Transact Technologies Limited provides digital and cash-based services to banks and corporate customers. The IPO of AGS Transact Technologies Ltd is on 19 January 2022. AGS Transact Technologies Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 800 crore through IPO (Initial public offering). 

    AGS Transact Technologies IPO will open on 19 January 2022 and close on 21 January 2022. The price band of the AGS Transact Technologies IPO is ₹162 to ₹175. The company is looking to raise around ₹680 crores through an initial public offering (IPO). AGS Transact Technologies IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. AGS Transact Technologies's IPO listing date is 01 February 2022. You can know about AGS Transact Technologies Limited IPO GMP (Grey Market Premium) below.

    AGS Transact Technologies has given good financial performance. The company has made a profit of ₹54.79 crores in the financial year 2021. AGS Transact Technologies IPO Size is ₹680 crores. In this IPO, approx ₹680 crores worth of equity shares will be sold under OFS (Offer for sale) and no fresh equity shares are included in the IPO offer. The IPO of AGS Transact Technologies will be listed on NSE and BSE.  AGS Transact Technologies IPO face value is ₹10 per equity share.

    We will talk about AGS Transact Technologies' financial, benefits, and risks of investing in the company. Check out our new tool Stock Average Calculator.


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    What is AGS Transact Technologies IPO GMP Today?
    AGS Transact Technologies IPO GMP is ₹5.


    What is the AGS Transact Technologies IPO Date?
    AGS Transact Technologies's IPO Opening date is 19 January 2022.


    What is AGS Transact Technologies IPO Expected Return?
    AGS Transact Technologies IPO Expected Returns is approx 2%.



    About AGS Transact Technologies Limited

    AGS Transact Technologies Limited was incorporated in the year 2002. and AGS Transact Technologies Limited started providing banking automation solutions in India in 2004. The company has the infrastructure and automation solution expertise to provide cash management-related services. In 2014, the company expanded its payment solution offerings into digital. The company has enhanced its integrated digital platform and software-as-a-service ("SaaS") capabilities.

    As per the Cane Payments report, as of March 31, 2021, AGS Transact Technologies Limited has emerged as one of India's largest integrated omni-channel payment solution providers in terms of providing digital and cash-based solutions to banks and corporate customers. In addition, AGS Transact Technologies Limited primarily provides customized products and services including ATMs, Cash Recycler Machine (CRM) outsourcing, cash management, and merchant solutions, transaction processing services, and a range of digital payment solutions including mobile wallets.


    As of 31 August 2021, we had 34 branch offices across India, including our subsidiaries. Also, the company had an employee base of 12,935 personnel including 1,562 engineers and 6,158 ATM officers.

    The companies conduct their business in the following segments:
    1. Payment solution.
    2. Banking Automation Solutions.
    3. Other automation solutions (for customers in the retail, petroleum, and paint sectors).

    Important Links:

    Purpose of the offer 

    • To prepay/repay all or a part of the dues raised by the company.
    • To meet general corporate objectives.

    AGS Transact Technologies GMP Today (Grey Market Premium)


    DATEGMPKOSTAKSubject to Sauda
    31 January₹ 
    30 January₹ 
    29 January₹ 5₹-₹-
    28 January₹- ₹-₹-
    27 January₹ -₹-₹-
    26 January₹ 5₹-₹-
    25 January₹ 5₹-₹-
    24 January₹ 10₹-₹-
    23 January₹ 10₹200₹500
    22 January₹15 ₹200₹500
    21 January₹15 ₹200₹500
    20 January₹10₹200₹500
    19 January₹15₹200₹500
    18 January₹21₹200₹700
    17 January₹21₹200₹700
    16 January₹21₹-₹-
    15 January₹21₹-₹-
    14 January₹21₹-₹-
    13 January₹21₹-₹-
    12 January₹-₹-₹-

    AGS Transact Technologies IPO Date and  Price Band Details

    AGS Transact Technologies IPO open date: 19 January 2022, Closing date: 21 January 2022, and Listing date: 01 February 2022. The price band of AGS Transact Technologies IPO is ₹162 to ₹175 per share. AGS Transact Technologies IPO issue size is Rs 680 crores. AGS Transact Technologies Ipo retails portion is 10%, QIB Portion is 50%, and NII Portion is 35%.

    IPO Open:19 January 2022
    IPO Close:21 January 2022
    Listing Date:01 February 2022
    Listing On:NSE & BSE
    IPO Size:Approx ₹680 Crores
    Fresh Issue:N/A
    Offer For Sale:Approx ₹680 Crores
    Price Band:₹162 to ₹175 per share
    Face Value:₹10 per Equity share
    QIB Portion:50%
    Retail Portion:35%
    NII Portion:15%
    Employee Res:Not Disclosed

    AGS Transact Technologies IPO Market Lot & Size

    AGS Transact Technologies IPO's minimum lot size is 85 shares with ₹14,875 application amount and the maximum lot size are 1105 shares with ₹193, 375 application amount.

    Minimum Lot:01
    Minimum Lot Size:85 Shares
    Minimum Amount:₹14,875
    Maximum Lot:13
    Maximum Lot Size:1105 Shares
    Maximum Amount:₹193,375

    AGS Transact Technologies IPO Allotment & Listing Date

    Ipo Opening Date:19 January 2022
    IPO Closing Date:21 January 2022
    Basis of Allotment:27 January 2022
    Refund Date:28 January 2022
    Credit to Demat Account:31 January 2022
    Listing Date:01 February 2022

    AGS Transact Technologies IPO Review

    HappiestPost View: If you are a risk taking investor, you can apply for the listing benefit. And if you want to apply for the long term then you should avoid this IPO.

    Brokerage Firm IPO Reviews

    • Motilal Oswal: To be updated
    • ICICI Securities: To be updated
    • Capital Market: To be updated
    • Ventura Securities Limited: To be updated
    • GEPL Capital Ltd: To be updated soon

    AGS Transact Technologies Ipo Review

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    Review For Listing Gain


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    Review For Long term


    Strength

    • The company has a strong customer base.
    • The company has a good financial track record. The company has made a profit of 54.79 (March 31, 2021) crores in the financial year 2021.
    • AGS Transact Technologies Limited has emerged as a leading provider of omnichannel integrated payment and cash systems.
    • The company has a customer-centric diversified portfolio coupled with excellent in-house capabilities.
    • The company has a wide network and market reach.
    • AGS Transact Technologies Limited is one of the leading companies in introducing QR-code-based payments for various card schemes.

    Risks

    • A big question is whether the company will be able to sustain its growth in the coming years.
    • A large part of their revenue depends on a few customers.
    • The promoters of the company and their directors are subject to legal proceedings. Any bad result could be for their company.
    • Difficulties may arise in running the ATMs and CRM locations leased out by the Company which will have a negative impact.
    • The impact of the COVID-19 pandemic on his company is still unknown.
    • Lack of use of cash as a payment method can have a negative impact on their company.
    • If the performance of the new service and product of the company is not good then it can prove to be bad for the company.
     

    AGS Transact Technologies Financials

    AGS Transact Technologies Financials(in Crores)

    YearTotal AssetsRevenueProfit
    Mar 19₹2,054.43₹1,823.63₹66.19
    Mar 20₹2,241.401,833.53₹83.01
    Mar 21₹2,913.83₹1,797.15₹54.79
    Aug 21₹2,917.03₹762.30-₹18.10


    Promoters

    The promoters of the company are:
    • Ravi B. Goyal
    • Vineha Enterprises Private Limited.

    Contact Details of AGS Transact Technologies

    AGS Transact Technologies Limited
    601-602 Trade World, B Wing, Kamala Mill Compound,
    Senapati Bapat Marg, Lower Parel,
    Mumbai 400 013, Maharashtra, India
    Tel: +91 22 6781 2000
    E-mail: ipocompliance@agsindia.com

    AGS Transact Technologies Lead Managers

    • ICICI Securities Limited
    • HDFC Bank Limited
    • JM Financial Limited

    AGS Transact Technologies IPO Registrars

    Link Intime India Private Limited
    C-101, 1st Floor, 247 Park
    L.B.S. Marg, Vikhroli West,
    Mumbai 400 083
    Maharashtra, India
    Tel: +91 22 4918 6200
    E-mail: ags.ipo@linkintime.co.in

    Conclusion

    The company operates its business in payment solutions, banking automation solutions, and other automation solutions segments. Considering the financial position of the company, the company has a sound financial track record. The company has made a profit of ₹ 54.79 crores in the financial year 2021, however, in the financial year 2021, the company's profit is lower than the previous financial years. Our suggestion will be updated after some time. AGS Transact Technologies' financial statement and other information are provided above.


    AGS Transact Technologies IPO FAQs

    What is AGS Transact Technologies IPO GMP Today?
    AGS Transact Technologies IPO GMP is ₹5 as of today.

    What is AGS Transact Technologies IPO Opening Date?
    AGS Transact Technologies IPO Opening date is 19 January 2022.

    What is the AGS Transact Technologies IPO Closing Date?
    AGS Transact Technologies IPO Closing date is 21 January 2022.

    What is the AGS Transact Technologies IPO Allotment date?
    AGS Transact Technologies IPO Allotment Date is 27 January 2022.

    What is AGS Transact Technologies IPO Listing Date?
    AGS Transact Technologies IPO Date is 01 February 2022.

    What is AGS Transact Technologies IPO Kostak Rate?
    AGS Transact Technologies IPO Kostak rate is ₹-.

    What is AGS Transact Technologies IPO Expected Returns?
    AGS Transact Technologies IPO Expected Returns is 2%.


    Read More:

    For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.  

    How to Apply the AGS Transact Technologies Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 
    2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO. 
    3. You will see the IPO name "AGS Transact Technologies Ltd". 
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.) 
    7. Then Submit the IPO Application Form. 
    8. Now go to your UPI App (PhonePe, Google Pay, etc)  or BHIM App to Approve the mandate.


    Disclaimer

    1. We are not involved in gray market trading in any way. And do not provide the facility to buy or sell any IPO from IPO. 
    2. Reference to IPO Grey Market Premium (IPO GMP) is valid only for the date specified in the header. 
    3. We are not involved in the buying or selling of IPO form. 
    4. Do not decide to subscribe to an IPO solely based on GMP (Grey Market Premium), as this can change at any time. Research the fundamentals and financial statements of companies before subscribing.

    We hope you like this article about AGS Transact Technologies IPO. If you have a query about AGS Transact Technologies IPO Please post a comment. 

    Thanks For Visiting & Happy Investing.


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