EBIXCASH IPO

EBIXCASH IPO contains Rs 60,000 million in primary issues. They have received in-principle approval from BSE and NSE to list the IPO. EBIXCASH is a financial technology service provider to B2B and B2C customers.

Opening Date:

To be announced

Issue Size:

To be announced

Closing Date:

To be announced

Face Value:

To be announced

Price Band:

To be announced

Market Lot:

To be announced

Opening Date:

To be announced

Issue Size:

To be announced

Closing Date:

To be announced

Face Value:

To be announced

Price Band:

To be announced

Market Lot:

To be announced

Listing at NSE, BSE

EBIXCASH IPO Important Dates

Allotment Date To be announced
Initiation of Refunds To be announced
Credit of shares to Demat Account To be announced
Ipo Listing Date To be announced
UPI Mandate Expiry Date To be announced

View all upcoming IPOs

About EBIXCASH

EBIXCASH offers services in the travel, financial technology, and business process outsourcing sectors. They offer a variety of products and services in India and 75 international locations operating in B2B, B2C, and B2B2C segments.

EBIXCASH provides front-end focused domestic and international remittances, FOREX, Aadhaar Enabled Payment Services (AEPS), PoS, ticketing, and back-end focused SaaS self-hosted solutions for the financial sector.

EBIXCASH IPO Objectives:

Here are a few quick reasons why EBIXCASH is going public.

  • The fund will be used for meeting the working capital requirements of subsidiaries - Ebix Travels Private Limited and EbixCash World Money Limited.

  • The company will use the fund to purchase compulsorily convertible debentures from Ebix Asia Holdings Inc, Mauritius.

  • They will use the money to finance strategic acquisitions, investments, and general corporate purposes.

Why should you invest in the EBIXCASH IPO?

Below are your top two reasons.

  • India’s ITeS market was estimated at USD37 billion in 2020, with 90% driven by export. The industry is expected to grow by 5-7% CAGR between 2020-2025.
  • India’s internet penetration will likely reach 75% by 2025, led by 4G, Fiber To The Home (“FTTH”) Services, increasing scopes for internet-enabled services.

Financial Highlights

Particulars

For the year/period ended

 

FY21

FY20

FY19

Revenue From Operation

Rs 41,525.33 million

Rs 21,700.22 million

Rs 18,883.29 million

EBITDA

5,117.29

4,965.02

6,245.22

Profit After Tax

Rs 2.3 billion

Rs 2.4 billion

Rs 4.7 billion

EPS

939.75

962.98

979.85

ROE

5.92%

7.61%

13.45%

How to apply for EBIXCASH IPO?

There are two ways by which investors can choose to start trading. One is through UPI, and the other is with the help of a Demat account. The processes are discussed below:

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for EBIXCASH IPO and approve the payment on your UPI ID.

Demat Account

EBIXCASH Noteworthy Highlights:

According to a CRISIL report, ECASH ranked second in profit after tax of USD 2.3 billion in 2020 and 2021.

EBIXCASH - Risk Analysis

  • Any failure to generate continuous income from fee and commission-based activities will disrupt their profit potential.

  • The company is exposed to the typical risks of an internet-enabled company, such as - service disruption, breaches of data etc.

  • The company’s ability to continuously diversify its product portfolio, or lack thereof, directly impacts profit earnings.

Competitive Analysis Market Peer:

EBIXCASH may face many challenges from its competitors in the sphere. Below are a few listed healthcare providers and their performance analyses.

   PAT ( in Rs million)

Competitors

FY19

FY20

FY21

One 97 Communications Ltd (PayTM)

(17.01)

(29.42)

(42.26)

One Mobikwik Systems Limited

(1.26)

(1.02)

(1.08)

Unimoni Financial Services Limited

0.09

(0.25)

(0.10)

Paul Merchants Limited

0.22

0.26

0.33

Fino Payments Bank*

(0.62)

(0.32)

0.20

Wall Street Finance Limited

0.00

(0.01)

(0.05)

Thomas Cook (India) Limited

0.89

(0.18)

(2.95)

Easy Trip Planners Limited

0.24

0.33

0.61

MakeMyTrip Limited

(11.74)

(31.73)

(4.16)

Frequently Asked Question

What is EBIXCASH IPO?

EBIXCASH IPO contains Rs 60,000 million in fresh equities.

When will the EBIXCASH IPO allotment will be available?

Details are not available.

What will be the EBIXCASH IPO lot size?

Details are not available.

When will EBIXCASH IPO open for subscription?

Details are not available.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot.

When is the EBIXCASH IPO listing date?

Details are not available.

Which exchanges will EBIXCASH list on?

EBIXCASH IPO will list on BSE and NSE exchanges.

When will EBIXCASH list on exchanges?

It usually takes ten working days from the last day of the IPO subscription to complete the listing process.

Is it necessary to approve a UPI mandate request immediately?

To complete the IPO bidding process, investors must approve the UPI mandate within T+1 days. It will allow the bank to freeze the amount in your account.

Can I submit more than one application for the public issue of EBIXCASH using one PAN?

No. Only one application is allowed against one PAN card.

Can I alter my bid for EBIXCASH’s IPO after confirming its final application?

You can alter the bid's price and lot size by changing/revising the bid form available with the application kit. But it could be a challenge to complete the process within the time given.

Who is the owner of EBIXCASH?

Robin Raina, an Indian-born American businessman, is the founder of EBIXCASH.

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