EbixCash Ltd

EbixCash Ltd

Initial public offering of up to [*] equity shares of face value of Re. 1 each ("Equity Shares") of Ebixcash Limited (the "Company" or the "Issuer") for cash at a price of Rs. [*] per equity share including a premium of Rs. [*] per equity share (the "Issue Price") aggregating up to Rs. 6000.00 crores (the "Issue"). The issue includes a reservation of up to [*] equity shares, aggregating up to Rs. [*] crores (constituting up to [*]% of the post-issue paid up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The company in consultation with the book running lead managers, may offer a discount of up to [*]% (equivalent of Rs. [*] per equity share) to the issue price to eligible employees bidding under the employee reservation portion ("Employee Discount"). The issue and net issue will constitute [*]% and [*]% of the post- issue paid-up equity share capital of the company. The company, in consultation with the book running lead managers, may consider a further issue of specified securities through a private placement under applicable law to any person(s), aggregating up to Rs. 1200.00 crores, at its discretion, with the ("pre-ipo placement"). If the pre-ipo placement is completed, the issue size will be reduced to the extent of such pre-ipo placement, subject to the issue complying with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended ("scrr"). The face value of the equity share is Re. 1 each. The issue price is [*] times the face value of the equity shares. The price band, the employee discount (if any), and the minimum bid lot size will be decided by the company.