AGS Transact Technologies Ltd IPO Details

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AGS Transact Technologies Ltd IPO Details:

AGS Transact Technologies Ltd has announced public offering of 38857142 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 165.00 per share. The gross proceeds of the issue are expected to be Rs 68,000.00 lakhs.

The company's initial public offer (IPO) will open on 19 January 2022 and is expected to close on 21 January 2022, subject to customary closing conditions. The price band of the issue has been fixed at Rs 166.00-175.00 per share.

The IPO includes a fresh Issue of 38857142 Equity Shares of the Company at an price of Rs 175.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 85 shares with bids in multiples of 85.

AGS Transact Technologies Ltd. anticipates using the proceeds of the issue for

(i) Carry out the offer for sale by the Selling Shareholders

(ii) To realise the benefits of listing of the Equity Shares on the Stock Exchanges.

as lead manager & Link Intime India Private Limited is the registrar, to the issue.

If the AGS Transact Technologies Ltd is something that you’re looking to invest in come 19 January 2022, it would be a good idea to start the demat account opening process right away. Apply online IPO or Contact Libord Broking now to open demat account online within minutes.