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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the AGS Transact Technologies Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹175
Per ShareLot Size
85 Shares
Minimum Investment
₹14,875
Issue Size
₹680 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
97.61%
Promoter Holding (Post-Issue)
97.61%
Issue Type
Book Building
ISIN
INE583L01014
AGS Transact Technologies Limited was 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, as of March 31, 2021. The Company provides customised 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 March 31, 2021, the company was the second largest company in India in terms of revenue from ATM managed services under the outsourcing model, and revenue from cash management and number of ATMs replenished.
Cash payment transactions, and consequently, the demand for ATMs, CRMs and related services, is expected to continue to grow due to, among others, GoI initiatives such as Direct Benefit Transfer and PMJDY. At the same time, the launch of new and innovative payment products, increased demand for cashless transactions due to the COVID-19 pandemic, increasing smartphone adoption, a growing need for faster payment modes and a strong push from the GoI and regulators towards adoption of digital channels have driven the increase in digital payments.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 38,857,141^ equity shares of face value of Rs. 10 each (The "Equity Shares") of AGS Transact Technologies Limited (The "Company" or the "Company" or the "Issue"") for cash at a price of Rs. 175 per equity share (including a premium of Rs. 165 per equity share) aggregating to Rs. 680.00 crores (The "Offer") through an offer for sale of 38,718,857^ equity shares by Mr. Ravi B. Goyal (The "Promoter Selling Shareholder") aggregating to Rs. 677.58 crores, 43,600^ equity shares aggregating to Rs. 0.76 crores by Mr. V.V. Gupte, 34,114^ equity shares aggregating to Rs. 0.60 crores by Mr. Shailesh Shetty, 26,514^ equity shares aggregating to Rs. 0.46 crores by Mr. Rakesh Kumar, 17,028^ equity shares aggregating to Rs. 0.30 crores by Mr. Nikhil Patiyat and 17,028^ equity shares aggregating to Rs.0.30 crores by Mr. Rajesh Harshedrai Shah (collectively, the "Other Selling Shareholders", and together with the promoter selling shareholder, the "Selling Shareholders", and such equity shares offered by the selling shareholders, the "Offered Shares"). The offer constitutes 32.28% of the paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each, the offer price is Rs. 175 and the offer price is 17.5 times the face value of the equity shares. ^Subject to finalization of the basis of allotment. Bid can be made for minimum of 85 equity shares and in multiples of 85 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
AGS Transact Technologies Limited was incorporated in Mumbai, Maharashtra on December 11, 2002 as AGS Infotech Private Limited, a private limited company under the Companies Act, 1956. The name of the Company was subsequently changed to AGS Transact Technologies Private Limited and the Registrar of Companies, Maharashtra issued a fresh certificate of incorporation dated June 3, 2010. The Company was then converted into a public limited company and consequently, its name was changed to AGS Transact Technologies Limited and the Registrar of Companies, Maharasht ra issued a fresh certificate of incorporation dated July 20, 2010.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY22 to FY24.