The IPO of Ebix Cash is anticipated for August 2023. The IPO price range is NA per share. The issuance includes new shares totaling INR 6,000 crore. There is no OFS by existing stockholders, according to the DRHP.
Ebix Cash Limited is a technology-enabled provider of digital products and services in the B2C, B2B, and financial technology arenas, with leadership positions in major areas in which it works. It divides its operations into four major categories: payment solutions, travel, financial technologies, BPO (Business Processing Outsourcing), and start-up activities. It employs a “phygital” strategy (physical and digital) that combines, as of December 31, 2021, over 650,000 physical agent distribution outlets for payment
solutions, remittance, travel, and insurance products across India and Southeast Asia with a digital omni-channel online platform for all of our offerings.
Ebix Cash Business Description
Ebix Cash is a complete platform that focuses on the convergence of financial exchange channels, processes, and entities, and it intends to satisfy our client’s needs by combining the benefits of B2B, B2C, and B2B2C models on a single platform. It offers a wide range of products in India and more than 75 international jurisdictions, including (i) front-end focused 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; and (ii) back-end focused SaaS and self-hosted solutions for the financial sector, including lending and wealth management operations, bus exchange technology.
In October 2020, it purchased AssureEdge Global Services Private Limited (now known as EbixCash Global Services Private Limited and referred to herein as AssureEdge), which had 800 workers at the time of acquisition. As of December 31, 2021, it had increased the number of people in the BPO business to over 2,850, added 21 new clients, and turned it into a successful operation.
Ebix Cash IPO Date, Size & Price Band
| Ebix Cash IPO Date | Coming soon |
| IPO Price Band | Coming soon |
| Fresh issue | INR 6,000 crore |
| Offer For Sale | Nil |
| Total IPO size | INR 6,000 crore |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 1 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Ebix Cash Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
|---|---|---|---|
| Revenue | 1,043.7 | 1,623.0 | 2,371.9 |
| Expenses | 791.6 | 1,115.9 | 1,744.3 |
| Net income | 230.3 | 482.1 | 751.3 |
| Net margin (%) | 22.1 | 29.7 | 31.7 |
Ebix Cash Offer News
- Ebix Cash RHP
- Addendum to the DRHP
- Ebix Cash DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Ebix Cash IPO Timetable
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalisation of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Ebix Cash Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
|---|---|---|---|
| EPS | 2.67 | 5.26 | 7.97 |
| PE ratio | – | – | – |
| RONW (%) | – | – | – |
| ROCE (%) | – | – | – |
| EBITDA (%) | – | – | – |
| Debt/Equity | 0.29 | 0.23 | 0.09 |
| NAV | – | – | – |
Ebix Cash IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: ebixcash.ipo@linkintime.co.in
Website: https://www.linkintime.co.in
Ebix Cash Contact Details
Ebix Cash Limited
Plot No. 122 & 123,
NSEZ, Phase – II
Noida – 201 305, Uttar Pradesh, India
Tel: +91-120-4688400
E-mail: investors@ebixcash.com
Website: https://www.ebixcash.com
Ebix Cash IPO FAQs :
Q1. When Ebix Cash Offer will open?
Ans. The IPO is scheduled to open in August 2023 for QIB, NII, and Retail Investors.
Q2. What is Ebix Cash IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII 15%, and Retail 35%.
Q3. How to Apply in Ebix Cash IPO?
Ans. You can apply in Ebix Cash IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q4. What is Ebix Cash IPO Allotment Date?
Ans. Ebix Cash IPO allotment date is August 2023.
Q5. What is Ebix Cash IPO Listing Date?
Ans. Ebix Cash IPO listing date is August 2023.
