Offer | Offer | Lot |
19.01.22 – 21.0.22 | ₹166-175 | 85 |
Expected | |
Expected Premium /GMP: | ₹17-20 per Share |
IPO | |
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 |
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.
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