AGS Transact Technologies is likely to announce its share allotment status today.- Payment solutions provider company’s IPO received good response from investors as it was subscribed just 8.22 times.
- The IPO will be listed on February 1 on exchanges.
The IPO was open for subscription from January 19 to January 21. The company raised ₹680 crore via public issue of shares, which is a complete offer for sale.
AGS Transact Technologies received good demand from investors as its IPO was subscribed just 8.22 times the number of shares offered in the three days of IPO bidding process. The grey market premium of the company’s shares show a small premium of ₹5 from the higher end of the price band of ₹175 .
The portion reserved for retail investors was oversubscribed by 3.25 times on the last day of the IPO bidding process.
The company provides customised products and services comprising ATM and cash recycler machines (CRM) outsourcing, cash management and digital payment solutions including merchant solutions, transaction processing services and mobile wallets.
Here is how to
- Go to the $4 or NSE website$4.
- On BSE, Select 'Equity' and then from the dropdown, select ‘AGS Transact Technologies’.
- Now, enter your application number and PAN.
- Click on 'Search'.
- Please note the details will only be available once the shares are allotted.
- Visit the registrar's website $4.
- Click on 'Select company' and click on ‘AGS Transact Technologies’.
- Once the company is selected, you will have to enter either your PAN detail, the application number, or the client ID.
- Enter the captcha and click ’submit’.
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