AGS Transact Technologies trades at double-digit premium in grey market ahead of IPO

AGS Transact Technologies traded at a double-digit premium in the grey market. The IPO, which is entirely an offer-for-sale by promoters, will open for subscription on January 19. The price band for the offer, which will close on January 21, has been fixed at Rs 166-175 per share. AGS Transact has re-priced its offer very well with reduced offer valuations considering the market scenario and investor sentiments.