The public offer of AGS Transact Tech closed for subscription on 21 January 2022. Overall, the IPO received bids for 22,34,74,265 equity shares, where 2,86,74,696 shares were reserved in total. Garnering a somewhat tepid response from investors, AGS Transact Tech IPO witnessed a total subscription of 7.79 times.
Its IPO had an issue size of Rs. 680 crores, the entirety of which was an OFS by existing shareholders and promoters. The company decided on an IPO price band of Rs. 166 to Rs. 175 per share.
AGS Transact Tech IPO’s basis of allotment date is 27 January 2022, Thursday. Investors who put forth their subscription for this public issue can check their application status via the following steps.
Check AGS Transact Tech IPO Allotment Status via BSE
Follow these steps to check the allotment status of AGS Transact Tech IPO:
Step 1: Visit the official website of the Bombay Stock Exchange (BSE) and go to the ‘investors’ tab.
Step 2: Click on ‘investor services’.
Step 3: Choose ‘status of issue application’ and then scroll down to locate ‘application status check’.
Step 4: After following the above step, you will locate an ‘equity’ box option near the ‘issue type’ option. Click on that.
Step 5: Select AGS Transact Technologies.
Step 6: Enter the application number and PAN details to proceed.
Step 7: Select the ‘I am not a robot’ box to complete the process.
Apart from this, bidders can also check this IPO’s allotment status through the Angel One app.
Check AGS Transact Tech IPO Allotment Status via Angel One
Find the steps to check IPO allotment status of AGS Transact Tech through the Angel One app:
Step 1: Log in to your DEMAT account after opening the app.
Step 2: Click on ‘Investment opportunities’.
Step 3: Click on ‘IPOs and FPOs’.
Step 4: Choose ‘Order book’.
After following these steps, you will find these indications regarding your AGS Transact Tech IPO allotment status:
If you receive the ‘allotted’ status, then you can expect to receive the shares into your DEMAT account by 31 January 2022. Meanwhile, if you get the ‘partially allotted’ or ‘no allotment’ status, expect to receive the refund on 28 January 2022.
A Brief on AGS Transact Tech IPO
India’s prominent omnichannel payment solutions provider, AGS Transact Tech, filed its draft papers with SEBI in August 2022. Here’s a quick highlight on its IPO’s performance across various investor categories:
The primary objectives of this issue are:
AGS Transact Tech will not receive any proceeds from this IPO.
Bidders can go through the above-mentioned steps to check AGS Transact Technologies IPO allotment status. However, investors failing to receive an allotment in this IPO can purchase shares of this company after its lists on the bourses.
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Source – NSE, Money control
Frequently Asked Questions
This IPO will feature listing on BSE and NSE on 1 February 2022.
AGS Transact Tech IPO’s registrar is Link Intime India Private Ltd.
Disclaimer: This blog is exclusively for educational purposes and does not provide any advice/tips on investment or recommend buying and selling any stock.
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