EbixCash IPO Date, Allotment Details, Price Band

EbixCash IPO Details: Although an exact date for its IPO has yet to be set, EbixCash plans on entering the market on [.] and closing by [.]. EbixCash hopes to raise approximately Rs6000 crores through this IPO by selling Rs1 each for approximately 6 millions shares – 35% retail, 50% QIB and 15% HNI quota.

EbixCash is a digital product and service provider, filed their Draft Red Herring Prospectus (DRHP) to raise capital via initial public offering (IPO). Their initial public offering (IPO) will consist of fresh issue of equity shares worth Rs.6000 crores with rights issue up to 1,200 crore. They may further issue further equity shares under an extended rights issue which may reduce original issue size; Motilal Oswal Investment Advisors, Equirus Capital, ICICI Securities, SBI Capital Markets and Yes Securities will serve as lead book running lead managers of this issue.

EbixCash Limited organize our operations into four primary business segments; (i) payment solutions, (ii) travel services, financial technologies as well as business processing outsourcing (“BPO”) services for start-up initiatives.

EbixCash IPO DateAllotment Details

As one of India’s premier end-to-end financial exchanges, they provide products in India and over 75 international jurisdictions with products like domestic/international money remittance/forex/prepaid gift card/utility bill payment/AEPS services/PoS services/ticketing services in their frontend focus, while their backend provides solutions such as lending/wealth management operations/bus exchange technology/insurance solutions/healthcare technology services/Liscense plate technology for lending/wealth management operations/liscenses for businesses as well as lending/wealth management operations/wealth management operations/pre/international money transfers/billi/co/in and healthcare products/services//ticketing services to clients globally.

EbixCash also provide BPO calling services to companies within the financial, insurance, telecomms and travel industries. Through its diverse financial exchange platform we harness deep synergies that offer cross-selling/upselling opportunities both consumers and businesses alike.

As of December 31st 2021 they had over 650,000 physical agent distribution outlets for payment solutions/remittance/travel insurance products throughout India/Southeast Asia with an omnichannel digital online platform dedicated solely for all their offerings.

Ebixcash of Noida, India, is an integrated provider of digital products and services with leading market positions for all its offerings across B2C, B2B and financial technology businesses.

There are four primary business segments at work here.

Payment Solutions and Travel for Financial Technology Solutions. Financial Technologies as Start Up Initiatives. BPO services as business processing outsourcing initiatives (BPO).

FinTech firms combine various mediums for Payment Solutions, Forex Trading, Remittance Domestic/International Remittance Travel Financial Technologies Insurance BPO services healthcare in India and some international locations as an end-to-end platform for customers as well as “back end” platforms for corporate participants.

Utilizing an innovative physical-digital strategy, India and Southeast Asian agents combine payment solutions, remittance services, travel booking and insurance products onto an omni-channel digital platform for seamless customer experiences.

This company operates across 75 international jurisdictions and provides domestic and international money remittance, foreign exchange (“Forex”), pre-paid gift cards, utility payments, Aadhaar Enabled Payment Services (“AEPS”) services, PoS services and ticketing services; in addition to backend focused SaaS solutions including lending/wealth management operations/bus exchange technology/insurance solutions/healthcare tech (Ask A Doctor).

At the time of acquisition, EbixCash Global BPO services had just 800 employees but now boast over 2850 and 21 new clients – becoming an immensely profitable venture in itself.

Offer details and objectives:

  • Funding the working capital requirements of the Subsidiaries, Ebix Travels Private Limited and EbixCash World Money Limited
  • Purchase of outstanding compulsorily convertible debentures from Ebix Asia Holdings Inc, Mauritius which were issued by certain of the Subsidiaries and payment of interest on such outstanding compulsorily convertible debentures
  • Funding strategic acquisitions and investments and general corporate purposes

EbixCash IPO Dates & Band Price Details:

IPO Open:2023
IPO Close:2023
IPO Size:Approx ₹6000 Crores
Fresh Issue:Approx ₹6000 Crores
Face Value:₹1 Per Equity Share
IPO Price Band:₹[.] to ₹[.] Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here

EbixCash IPO Market Lot :

EbixCash’s initial public offering (IPO) minimum market lot consists of [.] shares with an application amount of Rs[.]. Retail investors may submit up to 13 lots with [.] shares or Rs[.].

ApplicationLot SizeSharesAmount
Retail Minimum1
Retail Maximum13
S-HNI Minimum14
B-HNI Minimum68

EbixCash IPO Allotment & Listing Dates:

EbixCash will launch their initial public offering (IPO) on 2023 and close by the same date, allotting to investors by 2023 and listing to take place shortly afterwards.

Price Band Announcement:2023
Anchor Investors Allotment:2023
IPO Open Date:2023
IPO Close Date:2023
Basis of Allotment:2023
Refunds:2023
Credit to Demat Account:2023
IPO Listing Date:2023

EbixCash IPO Company Financial Report:

  ₹ in Crores
YearRevenueExpensePAT
2020₹2282₹1948₹243
2021₹4296₹3900₹230
2022 6M₹2665₹2426₹191

EbixCash IPO Company details:

CategoryDetails
Peer GroupNA
Company PromotersEBIX, INC.
EBIX SINGAPORE PTE. LTD.
EbixCash IPO RegistrarLink Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: Link Intime
EbixCash IPO Allotment Status CheckCheck EbixCash IPO allotment status on Linkintime website allotment URL
EbixCash IPO Lead Managers– Motilal Oswal Investment Advisors Pvt Ltd
– Equirus Capital Private Limited
– Icici Securities Limited
– Sbi Capital Markets Limited
– Yes Securities (India) Limited
Company AddressEbixCash Limited
101, First Floor, 4832/24, Ansari Road Darya Ganj,
New Delhi – 110 002
Phone: +91-120-4688400
Email: [email protected]
Website: EbixCash

When EbixCash IPO will open?

It will list at the end of December or in the starting of january.

What is EbixCash IPO Investors Portion?

QIB investors make up 50% of its value proposition while National Infrastructure Initiative and Retail are each responsible for 15% and 35% respectively.

What is EbixCash IPO Size?

EbixCash’s initial public offering (IPO) size stands at Rs6000 crores.

What is EbixCash IPO Minimum and Maximum Lot Size?

Minimum bid required is for shares worth Rs[.], while maximum bidding amount stands at [.].

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