AGS Transact Technologies Ltd is one of the leading system integrators in the business of touch point transformation; a business that transforms the way a customer interacts with the service provider enabling efficient delivery of their products and service. The Company provides a spectrum of services around these products to the banking, retail, petroleum and colour segments. _x000D_ _x000D_ The business of the company entails sourcing high-end technology products-both hardware and software, and customizing, integrating, installing and maintaining them. The company source such products through tie-ups with global players like Wincor Nixdorf AG (Germany), Postec Data Systems (New Zealand), Fast & Fluid Management (USA) and CST (Germany). _x000D_ _x000D_ The company's banking segment has been providing ATMs and services associated with installing and managing ATMs. Their banking segment services portfolio includes installation, maintenance, site build, site identification, cash replenishment, monitoring, vendor management, facility management, software support and a help desk._x000D_ _x000D_ The company's retail segment product offerings include retail Point of Sale billing (POS) terminals, store automation peripherals, store automation solutions, mall intelligence software, digital signage, thin client, networking products and kiosks for various retail applications. They provide managed services that include installation, maintenance and management of IT equipment in a retail store. They also perform vendor management services._x000D_ _x000D_ The company's petroleum segment product offerings include Postec's retail outlet automation system comprising of a forecourt controller, automatic tank gauging systems, fuel dispenser interface, POS terminal, back office system, wet-stock management system, online density monitoring system, outdoor payment terminals, and automatic vehicle identification. Their service offering includes implementation services, system integration, remote management, and support and help desk services._x000D_ _x000D_ The company offers total colour solutions to various industries like paints, automobiles, textiles and plastics in India by offering Fast and Fluid Management (paint dispensers manufacturing) and CST (rotary screen engraves for textiles) products. They also manufacture FFM paint dispensers and CST inkjet engravers at our manufacturing facility in Daman._x000D_ _x000D_ The company's manufacturing facility for paint dispensing machines and inkjet engravers is at Daman. They have an ATM warehousing and staging facility at Pondicherry. At Mhape, they have developed a common platform for a helpdesk, repair center, monitoring support, hardware support, software support, central spares center, and staging. They have warehouse facilities at Kalamboli and Bhiwandi. They also have a pan-India network for providing after sales service and AMCs to their clients across their segments._x000D_ _x000D_ The company's customers include SBI, Axis Bank, Dena Bank, Dhanlaxmi Bank, HDFC Bank, Union Bank, ICICI Bank, Future Group, Carrefour, Asian Paints, Berger Paints, L&T, HPCL, amongst others. _x000D_ _x000D_ AGS Transact Technologies Ltd was incorporated on December 11, 2002 as a private limited company with the name AGS Infotech Pvt Ltd. In the year 2003, the company purchased unit nos. 605 and 606 at Trade World, building B Wing situated at Kamala Mills, Lower Parel, Mumbai. In the year 2005, they purchased Survey no. 173/1 and 173/2, situated at village Dabhel, Nani Daman to set up their factory facility at Daman._x000D_ _x000D_ In the year 2008, the company obtained on lease basis from Toby Polyfabs Pvt Ltd two premises situated at C - 85A, PIPDIC, Industrial Estate, Mettupalayam, Pondicherry. In the year 2009, AGS Infotech Singapore Pte Ltd became a wholly owned subsidiary company. In the year 2010, India Transact Services Pvt Ltd became the subsidiary company._x000D_ _x000D_ In April 1, 2010, the name of the company was changed from AGS Infotech Pvt Ltd to AGS Transact Technologies Pvt Ltd. In June 3, 2010, the company was converted into a public limited company and the name was changed to AGS Transact Technologies Ltd._x000D_ _x000D_ The company plans to set up 1,541 ATMs in accordance with their contract with Axis Bank. They also aim to set up a 24X7 command and support center. The company plans to set up cash management branch offices in six cities._x000D_