AGS Transact Technologies Ltd. is one of the largest integrated omni-channel payment solutions providers in India in terms of providing digital and cash-based solutions to banks and corporates. Their products and services comprise ATM and CRM outsourcing, cash management and digital payment solutions including merchant solutions, transaction processing services, and mobile wallets.

AGS operates in the following segments:

• Payment Solutions - It comprises ATM and CRM outsourcing and managed services, cash management services, iCDs, digital payment services which include toll and transit solutions, Fastlane, transaction switching services, services through POS machines, and agency banking
• Banking Automation Solutions - It comprises the sale of ATMs and CRMs, currency technology products and self-service terminals, and related services and upgrades
• Other Automation Solutions - It encompasses the sale of machines and related services to customers in the retail, petroleum, and colour segments

As of August 31, 2021, AGS had installed, maintained, or managed a network of approximately 72,000 ATMs and CRMs, provided cash management services to 46,214 ATMs through SVIL, installed 221,066 merchant POS and approximately 46,800 cash billing terminals, automated approximately 17,924 petroleum outlets and installed approximately 88,521 colour dispensing machines.

The public offer of AGS Transact Technologies comprises an offer for sale of equity shares aggregating up to Rs. 680 crores from existing shareholders.

Financial Snapshot

Financial Year Ended	Revenue (₹ Crores)	PAT (₹ Crores)	EPS (₹)
March 2019	1823.63	66.19	5.58
March 2020	1833.52	83.01	7
March 2021	1797.15	54.79	4.62
As of August 2021	753.40	-18.10	-1.53

 

IPO Schedule

Issue Period	19th January to 21st January
Finalization of Allotment	27th January 2022
Initiation of Refunds	28th January 2022
Credit of Shares	31st January 2022
Date of Listing	1st February 2022
Mandate end date	5th February 2022
Anchor Investors Lock-In End Date	20th February 2022

How do I apply to the AGS Transact Technologies Limited IPO?

You can apply for the AGS Transact Technologies Limited IPO using any supported UPI app by following two steps:

• Enter your bid on Console
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for AGS Transact Technologies Limited IPO?

You can check the allotment status for the AGS Transact Technologies Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.