New Delhi: AGS Transact Applied sciences, on Friday (January 14), fastened the value financial institution for its preliminary public providing (IPO). In the event you’re planning to put money into AGS Transact Tech IPO, it’s best to know the provide’s worth band, subscription dates and different particulars.
AGS Transact Applied sciences IPO Worth Band
Cost options supplier AGS Transact Applied sciences has fastened a worth band of Rs 166-175 a share for its IPO.
AGS Transact Applied sciences IPO Subscription Dates
AGS Transact Applied sciences IPO will open for subscriptions on Wednesday, January 19. The IPO will conclude on Thursday, January 21. The bidding for anchor buyers will open a day earlier on January 18, the corporate revealed.
AGS Transact Applied sciences IPO Particulars
AGS Transact Applied sciences IPO has reduce the scale of its public concern to Rs 680 crore, from Rs 800 crore deliberate earlier. The general public concern consists purely of an offer-for-sale (OFS) of fairness shares owned by a promoter, Ravi B Goyal, and different shareholders.
Earlier, Goyal was trying to promote shares to the tune of Rs 792 crore. However now, he’ll promote shares price as much as Rs 677.58 crore.
Furthermore, AGS Transact Applied sciences has reserved half of the problem dimension for certified institutional consumers, 35 per cent for retail buyers and the remaining 15 per cent for non-institutional buyers.
In accordance with a report by PTI, buyers can bid for at least 85 fairness shares and in multiples thereof. Additionally Learn: Funds Expectations: Telcos search Rs 35,000 crore enter tax credit score refund, GST waiver on licence charge
For the unversed, AGS Transact Tech is an built-in omni-channel fee options supplier in India when it comes to offering digital and cash-based options to banks and corporates, in keeping with the report. Additionally Learn: Aditya Birla Vogue acquires 51% stake in designer clothes model Masaba