Issue Price
₹175
Per Share
GMP
NIL
Grey Market
Est. Listing
₹175
Expected Price
Min. Application
₹29,750
2 lots × 85 shares
AGS Transact Technologies Ltd is one of the 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 Indian market but also expanded internationally in other Asian countries including Sri Lanka, Cambodia, Singapre, Indonesia, and Philippines. The firm primarily operates in 3 business segments;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 August 31, 2021, it has a portfolio of 14,099 ATMs and CRMs under outsourcing and 19,161 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.Banking Automation Solutions i.e. Sale of ATM and CRM, self-service terminals, currency technology products, and relevant services. As of August 31, 2021, AGS Transact has 50+ banking customer base i.e. ICICI Bank. Axis Bank, and HDFC Bank Ltd.Other Automation Solutions for customers in petroleum, retail, and colour segments such as system automation products, system integration, remote management, and other service offerings.As of August 31, 2021, it had installed a network of 221,066 merchant POS, 17,924 petroleum outlets, 72,000 ATMs and CRMs offering cash management services, 46,800 cash billing terminals, and installed 88,521 colour dispensing machines. The business serves customers in 2200 cities and towns through 446,000 machines or customer touch points.Competitive strengthsAn integrated omni-channel payment and cash solutions provider.Diversified product portfolio, customer base, and revenue stream.Strong capabilities to develop customized in-house solutions.Long-standing relationship with global technology providers i.e. Diebold Nixdorf, ACI.Strong in-house infrastructure and technological capabilities.
AGS Transact Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 38,857,141 | 100.00% | ₹680.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 85 | ₹14,875 |
| Retail (Max) | 13 | 1,105 | ₹193,375 |
| sNII (Min) | 14 | 1,190 | ₹208,250 |
| bNII (Min) | 68 | 5,780 | ₹1,011,500 |
| Particulars | 31-Aug-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue from Operations | 762.30 | 1797.15 | 1833.53 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | -18.11 | 54.79 | 83.01 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 2917.03 | 2913.83 | 2241.40 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |