EbixCash IPO Details | GMP, Date, Price, Review, Allotment

EbixCash IPO Details ( EbixCash Limited IPO Review )

(00 Aug 2023 – 00 Aug 2023)

Established in 2002, EbixCash Limited delivers digital services and products across B2C, B2B, and financial technology domains through a comprehensive business approach.

The company offers front-end services such as domestic and international money remittance, foreign exchange (“Forex”), prepaid gift cards, utility payments, Aadhaar Enabled Payment Services (“AEPS”) solutions, point-of-sale (PoS) services, and ticketing services. On the backend, it provides software-as-a-service (SaaS) and self-hosted solutions for financial operations including lending, wealth management, insurance, healthcare technology, and bus exchange technology.

Additionally, EbixCash Limited extends BPO call center services to various sectors like finance, insurance, telecommunications, and travel, supporting their sales and customer support functions.

EbixCash Limited operates across four main business segments:

1. Payment solutions
2. Travel
3. Financial technologies
4. Business processing outsourcing (BPO) services and startup initiatives

EbixCash’s extensive network includes over 650,000 physical distribution points and a versatile online digital platform. The company serves clients in India across 4,000 cities and 75,000 villages, as well as in more than 75 international jurisdictions. In October 2020, EbixCash acquired AssureEdge Global Services Private Limited, now known as EbixCash Global Services Private Limited, along with its workforce of 800 employees. By December 31, 2021, the BPO business had grown its employee count to over 2,850 employees and secured 21 new clients.

The EbixCash Exchange boasts a team of over 10,431 employees spread across its various sectors and 196 offices across the Asia Pacific region.

EbixCash Limited Company Product

• Payment Solutions
• Travel
• Financial Technologies
• Business Processing Outsourcing Services
• The Volume Achieved of Such Fees and Commissions

EbixCash Limited IPO Competitive Strength

• Integrated business model offering one-stop-shop for B2B, B2C and B2B2C
• Operating in regulated industries with a large network, resulting in a high barrier to entry
• Multiple cross-selling opportunities, synergies, network effect and wide reach for customer acquisition
• Proprietary technology offering that is flexible and customizable for wide application across a variety of customer requirements
• We have successfully acquired complementary businesses, integrated them into our ecosystem, and turned them profitable
• Strong financial performance with track record of consistent profitability despite COVID-19 related challenges
• Experienced management team with proven track record

EbixCash IPO Financials Performance ( Results )

EbixCash Limited Financial Information ( Restated Consolidated )

All Amount in ₹ Crores

Period Ended	Total Assets	Total Revenue	PAT	Net Worth	Reserves	Borrowing
31-Mar-21	6,734.70	1,043.70	230.31	4,014.90	4,014.66	1,516.13
31-Mar-22	7,184.55	1,622.95	482.09	4,498.97	4,404.99	1,426.16
31-Mar-23	7,733.70	2,371.93	751.31	5,136.53	5,042.56	913.23

Objective of IPO Issue

• 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 Basic Details

IPO Date	Aug 00, 2023 to Aug 00, 2023
Listing Date	Tuesday, August 00, 2023
Face Value	₹1 per share
Price	₹000 to ₹000 per share
Lot Size	00 Shares
Issue Size	[.] shares of ₹1 (aggregating up to ₹6,000.00 Cr)
Fresh Issue	[.] shares of ₹1 (aggregating up to ₹000.00 Cr)
Offer for Sale	[.] shares of ₹1 (aggregating up to ₹000.00 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE, BSE
Share holding pre issue
Share holding post issue
Company Promoters	Ebix, Inc. And Ebix Singapore Pte. Ltd

EbixCash IPO Reservation

QIB Shares Offered	50% of the Net Issue
NII (HNI) Shares Offered	15% of the Net Issue
Retail Shares Offered	35% of the Net Issue

Ebix IPO Timetable

Ebix IPO will open on August 00, 2023 and close on August 00, 2023. You can join Ebix IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	00 August 2023 ()
Closing Date	00 August 2023 ()
Basis of Allotment	00 August 2023 ()
Initiation of Refunds	00 August 2023 ()
Credit of Shares to Demat	00 August 2023 ()
Listing Date	00 August 2023 ()
Deadline for UPI mandate confirmation	5 PM on 00 August 2023

EbixCash IPO Lot Size

For retail investors in EbixCash IPO, 0000 shares will come in 1 lot or the minimum investment will be ₹000,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹000,000.

Application	Lots	Shares	Amount
Retail (Min)	1
Retail (Max)	13
S-HNI (Min)	14
B-HNI (Min)	68

EbixCash IPO Promoter Holding

The company’s promoters include Ebix, Inc. And Ebix Singapore Pte. Ltd.

Pre Issue Share Holding	No Data
Post Issue Share Holding	No Data

EbixCash Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the 2021 financial year.

KPI	Values
Market Cap (₹ Cr.)	Coming Soon
Earning Per Share (EPS)	₹2.66 per Equity Share
Net Asset Value (NAV)	₹42.71 per Equity Share
P/E Ratio (P/E) (x)	Coming Soon
Return on Net Worth (RoNW) (%)	5.61
Return on equity (ROE) (%)	5.92
Return on Capital Employed (ROCE) (%)	7.66
Debt/Equity Ratio	0.38

EbixCash Ltd Peer Comparison

There are no listed entities in India whose business portfolio is comparable with that of our business. Accordingly, it is not possible to provide an industry comparison in relation to our Company.

EbixCash IPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
00 August 2023	₹0	–	–

EbixCash IPO Detail Video:

link

EbixCash IPO Subscription Status (Bidding Detail)

The EbixCash IPO on August 00, 2023 at 10:00:00 AM was subscribed 00.00 times, with the retail category being subscribed 00.00 times, the NII (Non-Institutional Investor) category being subscribed 00.00 times, QIB (Qualified-Institutional Buyers) category being subscribed 00.00 times and the Employee category being subscribed 00.00 times..

Category	Subscription
QIB	0.00x
NII	0.00x
Retail	0.00x
Employee	0.00x
Total	0.00x

EbixCash IPO Prospectus

EbixCash IPO DRHP	Download
EbixCash IPO RHP	Download
EbixCash IPO Anchor Investors Details PDF	Download

EbixCash IPO Rating

Our Rating

0.0/5.0

EbixCash Company Contact Information

EbixCash Limited

Registered Office: 101, First Floor, 4832/24, Ansari Road,
Darya Ganj, New Delhi – 110 002, Delhi, India
Corporate Office: Plot No. 122 & 123, NSEZ, Phase – II,
Noida – 201 305, Uttar Pradesh, India
Tel: +91-120-4688400
Fax: +91-120-2460870
Contact Person: Purnima Nijhawan, Company Secretary and Compliance Officer
E-mail: investors@ebixcash.com
Website: www.ebixcash.com
Corporate Identity Number: U72900DL2002PLC39208
Promoters Of Our Company: Ebix, Inc. And Ebix Singapore Pte. Ltd

EbixCash IPO Registrar

Link Intime India Private Limited

Registered Office: C-101, 1st floor, 247 Park, L. B. S. Marg,
Vikhroli West Mumbai – 400 083 Maharashtra, India
Tel: +91 22 4918 6200
E-mail: ebixcash.ipo@linkintime.co.in
Investor Grievance E-mail: ebixcash.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058

EbixCash IPO Lead Manager

Motilal Oswal Investment Advisors Limited

Registered Office: Motilal Oswal Tower Rahimtullah Sayani Road
Opposite Parel ST Depot Prabhadevi, Mumbai – 400 025
Maharashtra, India
Tel: +91 22 7193 4380
E-mail: ebixcash.ipo@motilaloswal.com
Investor Grievance E-mail: moiaplredressal@motilaloswalgroup.com
Website: www.motilaloswalgroup.com
Contact person: Subodh Mallya/Kirti Kanoria
SEBI Registration No.: INM000011005

Equirus Capital Private Limited

Registered Office: 12th Floor, C Wing, Marathon
Futurex N M Joshi Marg, Lower Parel Mumbai – 400 013
Maharashtra, India
Tel: +91 22 4332 0700
E-mail: ebix.ipo@equirus.com
Investor Grievance E-mail: investorsgrievance@equirus.com
Website: www.equirus.com
Contact Person: Ankesh Jain
SEBI Registration Number: INM000011286

ICICI Securities Limited

Registered Office: ICICI Venture House Appasaheb Marathe Marg
Prabhadevi, Mumbai – 400 025 Maharashtra, India
Tel.: +91 22 6807 7100
E-mail: ebixcash.ipo@icicisecurities.com
Investor Grievance E-mail: customercare@icicisecurities.com
Website: www.icicisecurities.com
Contact Person: Nidhi Wangnoo/ Sameer Purohit
SEBI Registration: INM000011179

SBI Capital Markets Limited

Registered Office: 202, Maker Tower ‘E’ Cuffe Parade
Mumbai 400 005, Maharashtra, India
Tel.: +91 22 2217 8300
E-mail: ebixcash.ipo@sbicaps.com
Investor Grievance e-mail: investor.relations@sbicaps.com
Contact person: Janvi Talajia/ Aditya Deshpande
Website: www.sbicaps.com
SEBI Registration Number: INM000003531

YES Securities (India) Limited

Registered Office: 2nd Floor, YES Bank House Off Western Express
Highway Santacruz East, Mumbai 400 055 Maharashtra, India.
Tel: +91 22 5091 9650
E-mail: ebixcash.ipo@ysil.in
Investor Grievance Email: igc@ysil.in
Website: www.yesinvest.in
Contact Person: Sachin Kapoor/ Abhishek Gaur
SEBI Registration Number: INM000012227

EbixCash IPO FAQs