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ICICI Direct's IPO Report
AGS Transact Technologies Ltd. is one of the largest integrated omni channel payment solutions providers in India in terms of providing digital and cash-based solutions to banks and corporate clients.
AGS Transact Tech provides customised products and services comprising ATM and cash recycler machines outsourcing, cash management and digital payment solutions. The company is the second largest company in India in terms of-
revenue from ATM managed services under outsourcing model,
revenue from cash management and number of ATMs replenished.
As of August 31, 2021, AGS Transact Tech has deployed 2,21,066 payment terminals while it operates 14,099 ATMs and CRMs under outsourcing business and 19,161 ATMs and CRMs under the managed services business in India.
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