AGS Transact Tech IPO subscribed over 8 times: Check latest GMP, expected listing price

AGS Transact Tech IPO received offers for 2.87 crore equity shares against an offer size of 22.35 crore.

New Delhi: AGS Transact Technologies initial public offer (IPO) was subscribed more than 8 times on the final day of subscriptions on Friday, January 21, signalling a robust investors’ support. Investors who had bid for the offer can check AGS Transact Tech IPO latest GMP and expected listing price to find out how much they could make in listing gains. 

AGS Transact Tech IPO received offers for 2.87 crore equity shares against an offer size of 22.35 crore. This translates into a subscription of 8.22 times. The retail investors' portion was subscribed 3.25 times, while the qualified institutional buyers' category was subscribed 2.82 times. Also, the non-institutional quota received 27 times subscription, according to the data shared by the company.

Earlier this week, the company had raised Rs 204 crore from anchor investors on Tuesday. The IPO is purely an offer of sale of equity shares worth Rs 680 crore by the promoter and other selling shareholders.