AGS Transact Technologies IPO gets 1.42 times subscription on second day of offer

The initial public offering of AGS Transact Technologies got subscribed 1.42 times on Thursday, the second day of the offer. This is the first Initial Public Offering (IPO) in 2022.

New Delhi: The initial public offering of AGS Transact Technologies got subscribed 1.42 times on Thursday, the second day of the offer. This is the first Initial Public Offering (IPO) in 2022.

The categories for Retail Individual Investors (RIIs) and for Non Institutional Investors have been oversubscribed.

The payment solutions provider has offered to sell 2,86,74,696 shares through the IPO and as many as 4,05,74,240 bids were received on the second day. This reflects a subscription of 1.42 times, according to latest data available with the BSE.