AGS Transect IPO Listing Price, Revenue, Bid Price.

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AGS Transect IPO– It is one of the largest integrated omni-channel payment solutions providers in India in terms of providing digital and cash-based solutions to banks and corporate clients, as of March 31, 2021.

AGS Transect Technologies Ltd provides customised products and services comprising ATM and CRM outsourcing, cash management and digital payment solutions including merchant solutions, transaction processing services and mobile wallets.

AGS-Transect-IPO-Listing-and-Closing-date

As of March 31, 2021, the company was the second largest company in India in terms of Revenue from ATM managed services under the outsourcing model, and. Revenue from cash management and number of ATMs replenished. As of March 31, 2021, It deployed 207,335 payment terminals and was one of the largest deployers of POS terminals at petroleum outlets in India, having rolled out IPS at more than 16,000 petroleum outlets with 28,986 terminals in India.

About AGS Transect IPO Details

To carry out the offer for sale by the Selling Shareholders.To realise the benefits of listing of the Equity Shares on the Stock Exchanges

Further, the company expects enhancement of the Company’s brand name and creation of a public market for the Equity Shares in India.

AGS Transect Technologies Ltd

  • Open date-19-Jan-2022
  • Closing date-21-jan-2022
  • Price Range-₹166-175
  • Minimum investment(Bid Rate)-₹14110
  • Minimum Quantity (Bid Quantity)-85 Quantity
  • Application Timing– 10AM to 5PM
AGS-Transect-IPO-Details

Strong Factor of AGS Transect IPO

  1. Omni-channel integrated payment and cash solutions provider.
  2. Customer driven portfolio with strong capabilities to develop in house solutions.
  3. Diversified product portfolio, customer base and revenue streams leading to cross-selling opportunities.
  4. Long-standing relationships with technology providers and customers.
  5. Dedicated in-house infrastructure and
    technological capabilities.
  6. Experienced board of directors and senior management.

Risks Factor of AGS Transect IPO

  1. Impact of the COVID-19 pandemic or the outbreak of any other severe communicable disease.
  2. Its reliance on consumers using one or more of its services, consumer preferences and behaviours.
  3. Implementation of new regulations or changes to existing laws and regulations impacting the business.
  4. Outcome of legal proceedings pending against the company.
  5. Risks arising from changes in interest rates, currency fluctuations and inflation.
  6. General economic and business conditions in India and other countries

The company is one of the largest integrated omni-channel payment solutions providers in India in terms of providing digital and cash-based solutions to banks and corporate clients, as of March 31, 2021.

It provides customised products and services comprising ATM and CRM outsourcing, cash management and digital payment solutions including Merchant solutions, transaction processing services and mobile wallets.

As of March 31, 2021, it was the second largest company in India in terms of (i) revenue from ATM managed services under the outsourcing model, and (ii) revenue from cash management and number of ATMs replenished.

As of August 31, 2021, the company has deployed 221,066 payment terminals and was one of the largest deployers of POS terminals at petroleum outlets in India, having rolled out IPS at more than 16,000 petroleum outlets with 28,986 terminals in India, as of March 31, 2021.

It also pioneered IPS with OMCs, The company started providing banking automation solutions in India in 2004. Beginning, In 2009.

It leveraged the banking automation solutions expertise and service reach to offer ATM outsourcing and managed services by among other things, entering into two cooperation agreements with Diebold Nixdorf for banking and retail products.

As part of its strategy to strengthen the presence in the cash value chain, offer an integrated payments platform and improve its operational efficiencies, it commenced offering transaction switching services in 2011 and cash management services in 2012.

In 2014, it. expanded its offerings into digital payment solutions, enhancing the integrated digital platform and Software-as-a-Service (“SaaS”) capabilities.

In 2016, It also entered into an alliance with ACI Worldwide (“ACI”), a leading international payments solution provider, which has further strengthened its value proposition to customers. The company operates. its business in the following segments:

  1. Payment Solutions;
  2. Banking Automation Solutions;
  3. and Other Automation Solutions (for customers in the retail, petroleum and colour sectors).

AGS Transect Technologies Ltd 2019, 2020 and 2021 Growth Revenue

For the five months ended August 31, 2021 and the financial years 2021, 2020 and 2019, the company derived 95.9%, 95.6%, 95.5% and 96.1%, respectively, of its revenues from operations in India

where its business started, although it has expanded internationally to offer automation and payment solutions to banks and financial institutions in other Asian countries comprising Sri Lanka, Singapore, Cambodia, Philippines and Indonesia.

AGS Transect Technologies Ltd Total Revenue

The total revenue from operations was ₹ 753.40 crore, ₹1758.94 crore, ₹1800.44 crore and ₹1805.74 crore for the five months ended August 31, 2021 and the financial years 2021, 2020 and 2019, respectively.

For More details https://www.agsindia.com/Go To the AGS Transect Technologies Ltd Official Website.

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