AGS Transact Technologies IPO Allotment Status: AGS Transact Technologies Limited launched its IPO on 19th January with an issue size of [.] Equity Shares (Aggregating up to Rs.680 Cr). The bidding procedure for this Rs. 6800 million book-built offer was active between 19th to 21st January 2022. The official registrar will now finalize the basis of allotment and will publish the allotment status online. AGS Transact Technologies IPO Allotment Status will be live on 27th January 2022. After the release, the bidder will get to know whether they have allotted the shares or not.
AGS Transact Technologies IPO Allotment Status
AGS Transact Technologies Limited is among India’s largest omni-channel payment service providers. The company majorly provides digital payments, cash management services, ATM outsourcing, banking automation solutions, etc. With the IPO launch, the company is going public to raise funds to meet its various objectives.
The allotment status will be visible on the allotment status page of the official registrar. Link Intime is the official registrar of the issue. On the final day of bidding, the offer was subscribed 7.79 times. To date, it was subscribed 3.08 times in Retail category and 2.68 times in QIBs category. After the finalization of the allotment basis, the investors who will not be allotted shares will get their refunds from 28th January 2022. Thereafter the shares will be listed at BSE and NSE most likely on February 1, 2022. The listing share price will be revealed when the shares will get listed on the designated stock exchanges.
AGS Transact Tech IPO Allotment Today: An Overview
| IPO | AGS Transact Technology IPO |
| Issuing Company | AGS Transact Technologies Limited |
| Symbol | AGSTRA |
| Company’s promoters | Mr. Ravi B. Goyal and Vineha Enterprises Pvt. Ltd. |
| IPO Registrar | Link Intime India Private Limited |
| Book Running Lead Manager | ICICI Securities Limited HDFC Bank Limited JM Financial Limited |
| Type of Issue | Book Built Offer |
| Issue Size | [.] Equity Shares (Aggregating up to Rs.680 Cr) |
| Offer for sale | [.] Equity Shares (Aggregating up to Rs.680 Cr) |
| Price Range | Rs. 166 to Rs.175 |
| Face Value | Rs.10 per equity share |
| Bid Lot | 85 Equity shares |
| Min. Order Quantity | 85 Equity shares |
| Tick Size | Re. 1 |
| Date of bidding | 19th to 21st January 2022 |
| Date of release of IPO allotment status | 27th January 2022 |
| Designated Listing Stock Exchange | NSE, BSE |
| Max. bid quantity for QIBs | 28674665 equity shares |
| Max. bid quantity of NIBs | 20481855 equity shares |
| Max. Amount of subscription for RIIs | Rs. 2,00,000 |
| Issuer’s Official website | www.agsindia.com |
AGS Transact Tech IPO Timeline
| IPO Activities | Key Dates |
| Issue of Draft Prospectus (DRHP) | 18th August 2021 |
| Issue of Prospectus (RHP) | 11th January 2022 |
| Starting of bid | 19th January 2022 |
| Closing of bid | 21st January 2022 |
| Date of finalization of basis of allotment | 27th January 2022 |
| Date of initiating of Refunds | 28th January 2022 |
| Crediting Equity. Shares to Demat accounts | 31st January 2022 |
| Listing date of IPO | 1st February 2022 |
Objects of the Issue
The company’s object from the issue is to-
- Carry forward the OFS (Offer for sale) by the company’s selling shareholders,
- To avail the benefits of listing of company’s Equity shares on the top stock exchanges, to enhance the brand name of the company and to create a public market for trading of company’s equity shares in the country.
Subscription Information
On the final day of bidding, the total subscription was 7.79 times. The category-wise subscription details are provided here-
| Category of Investors | Subscription Info |
| Retail Individual Investors (RIIs) | 3.08 times |
| Qualified Institutional buyer (QIB) | 2.68 times |
| Non-Institutional Investors (NIIs) | 25.61 times |
| Total | 7.79 times |
Process to check AGS Transact IPO Allotment Status
The allotment status can be accessed only in online mode. Bidders can use any of the following methods to get their allotment status checked-
Via Link Intime Portal
- Open Link InTime IPO allotment status page.
- Alotment status page will open. Select preffered search option among PAN, Application No., of DP Client id.
- Choose AGS Transact Techologies Limited option from the drop-down menu.
- Fill in the search detaill accoring to the search option selected above.
- IPO Allotment status will display.
Via BSE
- Open BSE IPO Application status check page.
- Click on Equity option agains the issue type option.
- Select the name of the IPO i.e. AGS Transact Techologies Limited.
- Enter the IPO Application number with care. Refer application details while filling the details.
- Fill in the PAN number.
- Fill the recapthca and proceed.
- Click on Search. Allotment status will open.
Via NSE
To check the allotment NSE portal, one must register on the portal. After registration, log in to the portal and check the allotment status.
AGS Transact IPO Allotment: Important Links
| Official Website | www.agsindia.com |
| AGS Transact IPO Allotment Status | Link 1| Link 2 |
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