It is early days yet, but subscribers should know where to check AGS Transact Technologies IPO allotment status and the date too. The initial public offering (IPO) of AGS Transact Technologies opened for public subscription on Wednesday, January 19, 2022. AGS Transact Technologies IPO price band of the three day initial share-sale has been fixed at Rs. 166 to Rs. 175 per share. The issue will close for subscription on Friday, January 21. On the first day of the bidding process January 19, 2022, the public issue was subscribed 0.88 times. While today, on the 2nd day of the subscription, till 12:08 pm, the retail individual investors (RIIs) portion has been subscribed 0.81 times, followed by non institutional investors 0.93 times, according to the NSE data. Also, AGS Transact Technologies IPO GMP (grey market premium) is at Rs. 8, according to market observers quoted by LiveMint. AGS Transact Tech shares premium has slipped in the grey market today.
Qualified institutional buyers (QIB) portion has not received any bids as yet. AGS Transact Technologies IPO is the first public issue of the year 2022 and it is purely an offer-for-sale (OFS) of equity shares worth Rs. 680 crore by a promoter and other selling shareholders.
The basis of allotment of the issue is likely to happen on January 27, 2022. While the shares are likely to list on stock exchanges that is BSE and NSE on February 1, 2022. Once the allotment status is out, subscribers and bidders can check the allotment status by visiting the official website of BSE and the registrar of the IPO that is Link Intime India Private Limited.
Here is how you can check AGS Transact Technologies IPO allotment status online, once announced:
Step 1: You will need to log in to the BSE
Read more on tech.hindustantimes.com