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EBIXCASH IPO

EBIXCASH IPO

upcoming
TBAMin. investment

EBIXCASH IPO Details

IPO type
Regular
RHP/DRHP
Read

EBIXCASH IPO Timeline

  1. Pre-apply
    To be announced
  2. Bid start
    To be announced
  3. Bid end
    To be announced
  4. Allotment
    To be announced
  5. Release of funds
    To be announced
  6. Demat transfer
    To be announced
  7. Listing
    To 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?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Ebixcash IPO FAQs