EBIXCASH IPO
upcoming
TBAMin. investment
EBIXCASH IPO Details
Issue size
---
IPO type
Mainboard
Listing date
To be announced
RHP/DRHP
Read
IPO type
Regular
RHP/DRHP
Read
EBIXCASH IPO Timeline
- Pre-applyTo be announced
- Bid startTo be announced
- Bid endTo be announced
- AllotmentTo be announced
- Release of fundsTo be announced
- Demat transferTo be announced
- ListingTo be announced
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.
EBIXCASH IPO Contact Details
Company NameEBIXCASH
How to apply for EBIXCASH IPO?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
Ebixcash IPO FAQs
How to invest in the EBIXCASH IPO ?
What is 'pre-apply' for EBIXCASH IPO ?
Which exchanges will EBIXCASH IPO shares list on?
Who is the registrar of EBIXCASH IPO ?
Where is the EBIXCASH IPO getting listed?
When will EBIXCASH IPO shares be credited to your demat account?
ZERO commission IPO investing
How to apply for IPOs on Upstox
Step 1
Go to www.upstox.com/ipo or open the Upstox mobile app and select the IPO you wish to apply for from the 'Open IPO' section
Step 2
Click on apply, enter the lot size, price and provide your UPI mandate.
Step 3
Approve the UPI mandate on your UPI app and you are all set!