EBIXCASH IPO
mainboardupcomingAbout the company
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.
GMP trend (Grey Market Premium by date)
| Date | GMP (₹) | Est. Listing | Change |
|---|---|---|---|
| 04 Sep | ₹0 | ₹0 | 0 |
| 03 Sep | ₹0 | ₹0 | 0 |
| 02 Sep | ₹0 | ₹0 | -1 |
| 01 Sep | ₹1 | ₹1 | -1 |
| 31 Aug | ₹2 | ₹2 | 0 |
| 30 Aug | ₹2 | ₹2 | +2 |
| 29 Aug | ₹0 | ₹0 | 0 |
| 28 Aug | ₹0 | ₹0 | 0 |
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
UpcomingTBABidding starts for all investor categories
IPO Closes
UpcomingTBALast day to place your bid
Basis of Allotment
UpcomingTBAShare allotment finalised
Refund Initiation
UpcomingTBARefunds credited for non-allottees
Credit to Demat
UpcomingTBAAllotted shares credited to demat account
Listing on Exchange
UpcomingTBAShares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 0 | ₹0 | Infinity | ₹NaN | ≤ ₹2,00,000 |
| sHNI (Small HNI) | Infinity | NaN | ₹NaN | Infinity | ₹NaN | ₹2L – ₹10L |
| bHNI (Big HNI) | Infinity | NaN | ₹NaN | Infinity | ₹NaN | > ₹10L |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | NaN | NaN | NaN | 0.00x | 100% |
| NII | 15% | NaN | NaN | NaN | 0.00x | 100% |
| Retail | 35% | NaN | NaN | NaN | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).