AGS Transact Technologies Limited (the “Company”), allotted 1,16,57,141 equity shares to 17 anchor investors and raised ₹204 crore ahead of the company’s proposed IPO at the upper price band of ₹175 per equity share.
The Offer consists equity shares of face value of ₹10 of AGS Transact Technologies Limited aggregating up to ₹6,800 million (the “Offer”) through an offer for sale of equity shares by Mr. Ravi B. Goyal (the “Promoter Selling Shareholder”) aggregating up to ₹6,775.80 million, equity shares aggregating up to ₹7.63 million by Mr. V.C. Gupte, equity shares aggregating up to ₹5.97 million by Mr. Shailesh Shetty, equity shares aggregating up to ₹4.64 million by Mr. Rakesh Kumar, equity shares aggregating up to ₹2.98 million by Mr. Nikhil Patiyat and equity shares aggregating up to ₹2.98 million by Mr. Rajesh Harshedrai Shah (collectively, the “Other Selling Shareholders”).
The anchor allocation as follows:
Sr. No. |
Name of Anchor Investor |
% of Anchor Investor Portion (%) |
1 |
HDFC TRUSTEE COMPANY LTD. A/C HDFC BALANCED ADVANTAGE FUND |
12.26% |
2 |
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND |
12.26% |
3 |
BNP PARIBAS ARBITRAGE - ODI |
12.25% |
4 |
ASHOKA INDIA EQUITY INVESTMENT TRUST PLC |
12.25% |
5 |
KUBER INDIA FUND |
7.35% |
6 |
SAINT CAPITAL FUND |
7.35% |
7 |
IIFL SPECIAL OPPORTUNITIES FUND - SERIES 7 |
6.62% |
8 |
ABAKKUS GROWTH FUND-1 |
5.88% |
9 |
QUANT MUTUAL FUND - QUANT VALUE FUND |
5.59% |
10 |
TARA EMERGING ASIA LIQUID FUND |
4.90% |
11 |
COHESION MK BEST IDEAS SUB-TRUST |
3.68% |
12 |
AUTHUM INVESTMENT AND INFRASTRUCTURE LIMITED |
3.68% |
13 |
RESONANCE OPPORTUNITIES FUND |
2.70% |
14 |
QUANT MUTUAL FUND - QUANT ABSOLUTE FUND |
0.98% |
15 |
QUANT MUTUAL FUND - QUANT MULTI ASSET FUND |
0.98% |
16 |
QUANT MUTUAL FUND - QUANT FLEXI CAP FUND |
0.78% |
17 |
QUANT MUTUAL FUND - QUANT QUANTAMENTAL FUND |
0.49% |
The Price Band of the Offer has been fixed at ₹166 to ₹175 per Equity Share of face of ₹10 each. Bids can be made for a minimum of 85 Equity Shares and in multiples of 85 Equity Shares thereafter.
ICICI Securities Limited, HDFC Bank Limited and JM Financial Limited are the Book Running Lead Managers to the issue.
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