Ebixcash files draft papers with Sebi for Rs 6,000-cr IPO
Ebixcash Ltd, the Indian subsidiary of Nasdaq listed Ebix Inc, has filed preliminary papers with capital markets regulator Sebi to raise Rs 6,000 crore through an initial public offering.
The funds will be garnered through fresh issuance of equity shares and there will not be any offer-for-sale (OFS) component, according to the draft red herring prospectus. Pic: https://www.ebixcash.com/