EBIX - Ebix: Low-Risk Way To Participate In Red Hot Indian IPO Market
- In the last few years, Ebix, Inc. has acquired a number of companies in India to form Ebixcash, a fully owned subsidiary.
- Ebix CEO announced Initial Public Offering (IPO) for Ebixcash by Q1 2022 in the Indian market which recently has been red hot for IPOs.
- The current low Ebix valuation does not reflect the value of the upcoming IPO.
- As a fintech, Ebixcash is positioned well in India compared to its peers. This makes the IPO very attractive to Indian investors.
- Successful IPO of Ebixcash will force a reevaluation of Ebix's share price. This makes the current Ebix share price very attractive.
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Ebix: Low-Risk Way To Participate In Red Hot Indian IPO Market