AGS Transact Technologies prices IPO at Rs 166-175 per share

AGS Transact Technologies has priced its initial public offering (IPO) between Rs166 to Rs175 per share. Bids can be made for a minimum of 85 Equity Shares and in multiples of 85 Equity Shares after that.

The IPO is an offer for sale of Rs680 crore. The IPO will open on January 19 and conclude on January 21. The company is a payment solutions provider in India, providing digital and cash-based solutions to banks and corporates.

The company provides customised products and services comprising ATM and CRM outsourcing, cash management and digital payment solutions, including merchant solutions, transaction processing services and mobile