AGS Transact Technologies was incorporated on December 11, 2002. 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.
| Bidding Dates |
|---|
| 19 Jan 2022 - 21 Jan 2022 |
| Subscription |
|---|
| 7.79x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,875 | 1 | 13 | 85 | 38.9 M | ₹166 - ₹175 | 98.23 % | ₹6450.3 M - ₹6800.0 M | RHP DOC |
AGS Transact Tech IPO SUBSCRIPTION STATUS
21 Jan '22AGS Transact Tech IPO overall subscription rate was 7.79 times the total available shares
AGS Transact Tech IPO retail subscription rate was 3.08 times in the retail segment
AGS Transact Tech IPO non-institutional investor subscription rate was 25.61 times in the non-institutional investor category
AGS Transact Tech IPO Qualified Institutional Bidder subscription rate was 2.68 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
21 Jan 2022 (Day 3) | 3.08x | 25.61x | 2.68x |
20 Jan 2022 (Day 2) | 2.06x | 1.13x | 0.49x |
19 Jan 2022 (Day 1) | 1.32x | 1.02x | 0x |
AGS Transact Tech FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) | Margins |
| 5MFY22 | -181.1 | 7,534.0 | 2,101.9 | 1,785.6 | 25.5% |
| FY21 | 547.9 | 17,589.4 | 4,175.6 | 2,964.3 | 26.5% |
| FY20 | 830.1 | 18,004.4 | 4,460.3 | 2,244.4 | 27.0% |
| FY19 | 661.9 | 18,057.4 | 4,861.4 | 3,242.8 | 24.3% |
AGS Transact Tech IPO SUBSCRIPTION STATUS DETAILS
AGS Transact Tech had 38.9 M shares on offer
AGS Transact Tech IPO offer price was in the range ₹166 - ₹175
AGS Transact Tech IPO minimum Investment was ₹14875
AGS Transact Tech IPO issue size was ₹ 6450.3 M - ₹ 6800.0 M
AGS Transact Tech had a minimum lot size of 85 Shares per application
AGS Transact Tech NUMBER OF SHARES ON OFFER
AGS Transact Tech IPO IMPORTANT DATES
| Issue Open Date | 19 Jan 2022 |
| Issue close Date | 21 Jan 2022 |
| Allotment Date | 27 Jan 2022 |
| Refund Date | 28 Jan 2022 |
| Demat Account Credit Date | 31 Jan 2022 |
| Listing Date | 31 Jan 2022 |
| Listing on Exchange(s) | NSE and BSE |
| AGS Transact Tech Allotment Status | Exchange |
AGS Transact Tech IPO subscription opened on 19 Jan 2022, and closed on 21 Jan 2022
IPO allotment for AGS Transact Tech was finalized on Thursday, 27 Jan 2022
IPO listing for AGS Transact Tech was on NSE and BSE on Monday, 31 Jan 2022
AGS Transact Tech IPO LISTING GAINS
| Issue Price (adjusted) | 175.0 |
| Listing Open Price | 176.0 |
| Listing Close Price | 161.3 |
| Listing Gain% | 0.6% |
| Current Gain% | -98.8% |
AGS Transact Tech Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AGS Transact Technologies Ltd. | 2 | 24.6 | -0.2 | 0 | 0 | -17.3 | -3.8 | 1508.8 | -11.6 | -80.1 | -316.7 | -13.2 | -86.5 |
| One97 Communications Ltd. | 1441.6 | 92425.7 | 142.2 | 1.2 | 10.3 | 3.4 | 2.3 | 9291 | 21.9 | 553 | 184 | 10.1 | 114.7 |
| PB Fintech Ltd. | 1604.5 | 74239.4 | 99.2 | 1 | 10.1 | 9.2 | 7.7 | 7166.4 | 33.1 | 669.9 | 89.8 | 16.2 | 98.3 |
| Affle 3I Ltd. | 1645.6 | 23183.1 | 48.5 | 2.5 | 8.2 | 12.4 | 10.3 | 2787.6 | 18.1 | 454.9 | 19.1 | 33.9 | 19.2 |
| Pine Labs Ltd. | 154.4 | 17820.2 | 140 | 0.7 | 6.3 | 1.9 | 0.8 | 2847.2 | 22.3 | 112.5 | 177.3 | 1.1 | 212.8 |
| Fractal Analytics Ltd. | 817.7 | 14061.6 | 42.8 | 4.1 | 9.2 | 6.6 | 3362.6 | 19.4 | 292.2 | 31 | 19.1 |
AGS Transact Tech INFORMATION ON IPO ISSUE
About AGS Transact Tech
AGS Transact Technologies was incorporated on December 11, 2002. 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.
Object of the Issue
1. To carry out an offer for sale by selling shareholders.
2. To realize the listing benefits of equity shares on the stock exchange.
AGS Transact Tech - PROMOTERS
| Name |
|---|
| Ravi B. Goyal |
| Vineha Enterprises |
AGS Transact Tech Book Running Lead Managers
ICICI Securities Limited
ags.ipo@icicisecurities.com
HDFC Bank Limited
ags.ipo@hdfcbank.com
AGS Transact Tech Registrar to the Offer
Link Intime India Private Limited
ags.ipo@linkintime.co.in
AGS Transact Tech Strengths
Diversified product portfolio
Diversified product portfolio, customer base, and revenue stream.
Client relationships
Long-standing relationship with global technology providers i.e. Diebold Nixdorf, ACI.
Customized solutions
Strong capabilities to develop customized in-house solutions.
Good infrastructure
Strong in-house infrastructure and technological capabilities.
AGS Transact Tech Risks
Revenue concentration
The company derives a significant portion of revenues from our customers in the banking sector in India
Falling cash usage
A decrease in the use of cash as a mode of payment could have an adverse effect on business, results of operations, cash flows, and financial condition.
Legal proceedings
There are outstanding legal proceedings involving company, directors, subsidiaries and one of the promoters
IPO FAQs
This IPO consists of an offer for sale of up to Rs 680.0 crore, of 38,857,143 shares.
The promoters of the company are Ravi B. Goyal and Vineha Enterprises.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 166.0 - 175.0.
The IPO application opens on Jan 19, 2022 and closes on Jan 21, 2022.
The minimum lot size for the IPO is 85. The maximum lot size for the IPO is 1105.
For all category investors, the minimum application amount for this IPO is Rs. 14,875.0, the maximum value for this IPO is Rs 193,375.0.
This IPO will be allotted on Jan 27, 2022.
The refund will be credited to your account on Jan 28, 2022.
The allotted shares will be credited to your demat on Jan 31, 2022.
AGS Transact Technologies Ltd.’s shares listed on the stock exchanges on Jan 31, 2022.