skip to content
AGS Transact TechnologiesIPO

AGS Transact Technologies IPO | GMP | Grey Market Premium

    GMP: ₹17-20 per Share

    Offer
    Date

    Offer
    Price

    Lot
    Size

    19.01.22 – 21.0.22

    166-175

    85


    Expected
    Listing Earning

    Expected Premium /GMP:

    ₹17-20 per Share

    IPO
    Details

    Open Date:

    Jan 19, 2022

    Close Date:

    Jan 21, 2022

    Allotment Date:

    Jan 27, 2022

    Listing Date:

    Feb 01, 2022

    Face Value:

    ₹10 Per Equity Share

    Issue Price:

    ₹166-175 per equity share

    Issue Size:

    Offer for Sale: ₹680 Crores

    Market Lot (Min Amount):

    85 Shares (₹14,875/-)

    Listing at Group(s):

    BSE, NSE

    Lead Manager:

    ICICI Securities Limited, HDFC Bank limited, JM Financial
    Limited

    Registrar:

    Link Intime India Private Ltd

    Retail Portion:

    35% (Number of Retail Applications: 1,60,000 Approx.)

    Valuations

    Earnings Per Share (EPS)

    ₹4.55/-

    P/E Ratio

    38.45

    RoNW

    10.29%

    Net Asset Value (NAV)-As on 31.08.21

    ₹45.85

     

    Company Financials (in ₹ Crs)

     

    Total Assets

    Total Revenue

    Profit After Tax

    31-Mar-21

    2,913.83

    1,797.15

    94.79

    31-Mar-20

     

    2,241.39

    1,833.52

    83.01

    31-Mar-19

    2,054.42

    1,823.63

    66.19

     

    About Company

    AGS Transact Technologies Ltd is one of India’s leading
    Omni-channel payment solution providers. It is the second-largest company in
    India in terms of revenue from ATM managed services and also the largest
    deployer of POS terminals at petroleum outlets in India. It not just serves the Indian market but also expanded internationally in other Asian countries
    including Sri Lanka, Cambodia, Singapore, Indonesia, and the Philippines. The firm
    primarily operates in 3 business segments;

     

    1. Payment Solution services such as ATM and CRM outsourcing,
    cash management services, digital payment solutions, transaction switching
    services, POS machine services, agency banking, etc. As of March 31, 2021, it
    has a portfolio of 13,959 ATMs and CRMs under outsourcing and 18,408 ATMs and
    CRMs under managed service segment. It has also deployed POS terminals at
    leading Indian petroleum outlets such as Hindustan Petroleum, Indian Oil
    Corporation while Dr. Lal Pathlabs, Patanjali Ayurved, RJ Corp Ltd, VRIPL
    Retail Pvt Ltd, Organic India are the corporate clients.

     

    2. Banking Automation Solutions i.e., Sale of ATM and CRM,
    self-service terminals, currency technology products, and relevant services. As
    of March 31, 2021, AGS Transact has a 50+ banking customer base i.e., ICICI Bank.
    Axis Bank, and HDFC Bank Ltd.

     

    3. Other Automation Solutions for customers in petroleum,
    retail, and color segments such as system automation products, system
    integration, remote management, and other service offerings.

     

    As of March 31, 2021, it had installed a network of 207,335
    merchant POS, 16,700 petroleum outlets, 72,000 ATMs and CRMs offering cash
    management services, 46000 cash billing terminals, and installed 85,700 color
    dispensing machines. The business serves customers in 2200 cities and towns
    through 420,000 machines or customer touchpoints.

     

    Promoter(s)

    Pre-Issue Share Holding 99.23%

    Post Issue Share Holding 66.07%

     

    Company Promoter(s)

    1. Mr. Ravi B. Goyal

    2. Vineha Enterprises Private Limited

     

    Issue Objective(s)

    1. To carry out the offer for sale by the Selling
    Shareholders

    2. To realize the benefits of listing of the Equity Shares
    on the Stock Exchanges, enhancement of their Company’s brand name, and creation
    of a public market for the Equity Shares in India.

    Disclaimer

    No financial information whatsoever published anywhere,
    within this application, should be considered as advice to buy or sell
    securities or invest in IPOs, or as a guide to doing so in any way whatsoever.
    All matter published here is purely for educational and information purposes
    only and under no circumstances should be used for making investment decisions.

    We are not SEBI Registered analysts. Readers must consult a
    qualified financial advisor prior to making any actual investment decisions,
    based on information published on this application. The information in the App
    is based on information available as of date coupled with market perceptions.

    IPO Sharma

    where we specialize in demystifying IPOs and the stock market. With extensive experience in finance, I offer expert analyses and strategic insights to help you make informed investment decisions. Our content focuses on clarity, accuracy, and empowering you to achieve your financial goals. Please note: I am not a SEBI-registered advisor. The information and analyses provided on IPOsharma are for educational purposes only and should not be construed as investment advice.

    Related Articles

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Back to top button
    Tata Motors’ Demerger and Strategic OutlooK Bajaj Auto Ltd – Issue Letter of Offer Cyient DLM IPO GMP, Price, Date, Allotment HMA Agro IPO GMP, Price, Date, Allotment Pentagon Rubber IPO GMP, Review, Price, Allotment IdeaForge IPO GMP, Review, Price, Allotment