Nov 17, 2021
c to use Rs 600 cr of IPO proceed to retire debt
c to use Rs 600 cr of IPO proceed to retire debt
Mumbai: AGS Transact Technologies, which leads the online payments space at fuel stations and is among the largest players in ATM and cash management services, will use Rs 600 crore of the Rs 800-crore-fully offer-for-sale issue to retire debt. Ravi Goyal, chairman & managing director of AGS, told PTI that the company has Rs 1,100 crore mostly long term debt, and post-IPO, it will come down to…
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