EbixCash Limited, Founded in 2002, delivers digital solutions to the B2C, B2B, and financial technology sectors through an integrated business model.
The company offers a range of services including domestic and international money remittance, foreign exchange (“Forex”), pre-paid gift cards, utility payments, Aadhaar Enabled Payment Services (“AEPS”) services, PoS services, ticketing services, as well as back-end solutions for financial operations such as lending and wealth management, insurance, healthcare technology, and bus exchange technology.
Additionally, EbixCash provides BPO call center services to industries like financial, insurance, telecommunications, and travel, supporting their sales and customer support functions.
EbixCash operates across four key business segments:
- Payment solutions
- Travel
- Financial technologies
- Business processing outsourcing (BPO) services and start-up initiatives
With a wide-reaching network of over 650,000 physical distribution outlets and a comprehensive online digital platform, EbixCash serves clients in India across 4,000 cities and 75,000 villages, as well as over 75 international jurisdictions.
In 2020, EbixCash acquired AssureEdge Global Services Private Limited (now EbixCash Global Services Private Limited), further expanding its capabilities and employee count to over 2,850 employees by the end of 2021. The EbixCash Exchange boasts a team of over 10,431 employees spread across 196 offices in the Asia Pacific region.
EbixCash IPO Details #
EbixCash IPO is a Book Built Issue. The IPO total issue size is Rs 6,000.00 Cr. The EbixCash IPO price is [.] to [.] per share. The IPO will list on BSE, NSE.
IPO Date | to |
Listing Date | [.] |
Face Value | ₹1 per share |
Price | [.] to [.] per share |
Lot Size | |
Total Issue Size | [.] shares (aggregating up to ₹6,000.00 Cr) |
Fresh Issue | [.] shares (aggregating up to ₹6,000.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
EbixCash IPO Reservation #
Company Financials #
Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
Assets | 6,734.70 | 7,184.55 | 7,733.70 |
Revenue | 1,043.70 | 1,622.95 | 2,371.93 |
Profit After Tax | 230.31 | 482.09 | 751.31 |
Net Worth | 4,014.90 | 4,498.97 | 5,136.53 |
Reserves and Surplus | 4,014.66 | 4,404.99 | 5,042.56 |
Total Borrowing | 1,516.13 | 1,426.16 | 913.23 |
Objects of the Issue #
The Company proposes to utilize the Net Proceeds towards the funding of the following objects:
- 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 Prospectus #
Company Contact Information #
101, First Floor, 4832/24,
Ansari Road Darya Ganj,
New Delhi – 110 002
Phone: +91-120-4688400
Email: investors@ebixcash.com
Website: http://www.ebixcash.com/
EbixCash IPO Registrar #
Phone: +91-22-4918 6270
Email: ebixcash.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html