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EBIXCASH IPO

EBIXCASH IPO

upcoming
TBAMin. investment
  1. Pre-apply
    TBA
  2. Bid start
    TBA
  3. Bid end
    TBA
  4. Allotment
    TBA
  5. Release of funds
    TBA
  6. Demat transfer
    TBA
  7. Listing
    TBA

EBIXCASH IPO Details

IPO type
Regular
RHP/DRHP
Read
In 2017, post the demonetisation of ₹500 and ₹1,000 notes, the digital payments space in India was gaining strong traction. Amid this, EbixCash, the Indian subsidiary of Nasdaq-listed Ebix Inc, made its first big move in the country. It acquired the payment service company ItzCash for ₹800 crore.
Since then, EbixCash has continued to expand its footprint in the country by acquiring 27 other companies. In India, the company has 6.5 lakh physical agent distribution outlets for its payment solutions. These are spread across 4,000 cities and villages. Its financial technologies business vertical, under which the company provides SaaS (software as a service), has more than 32 banking, financial services and insurance clients in India.
And now EbixCash is all set to hit the Indian bourse through the IPO route. The company plans to raise money to fund its strategic acquisitions and investments.

Frequently asked questions

How to invest in the EBIXCASH IPO ?

Investors can apply for the EBIXCASH IPO through their Demat account via the stock exchange or through their broker.

What is 'pre-apply' for EBIXCASH IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will EBIXCASH IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.

Who is the registrar of EBIXCASH IPO ?

For EBIXCASH IPO, the IPO registrar is Link Intime India Private Limited. You can check EBIXCASH IPO allotment status on the website of the registrar.
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