Delphi World Money Announces Rights Issue: Key Dates and Details Revealed

1 min read     Updated on 22 Oct 2025, 12:22 PM
scanx
Reviewed by
Naman SharmaScanX News Team
Overview

Delphi World Money Limited has announced its Rights Issue of up to 52,23,295 equity shares at ₹191 per share. The issue opens on October 27, 2025, and closes on November 7, 2025, with a rights entitlement ratio of 23:49. Pre-issue advertisements were published in national newspapers. The company emphasizes that credit of Rights Entitlements and allotment will be in dematerialized form only.

22661582

*this image is generated using AI for illustrative purposes only.

Delphi World Money Limited (formerly known as EbixCash World Money India Limited) has announced the opening and closing dates for its ongoing Rights Issue of equity shares. The company informed the BSE and NSE about the publication of pre-issue newspaper advertisements on October 22, 2025.

Rights Issue Details

Particulars Details
Issue Size Up to 52,23,295 fully paid equity shares
Issue Price ₹191.00 per share
Face Value ₹10.00 per share
Premium ₹181.00 per share
Rights Entitlement Ratio 23:49
Issue Opens October 27, 2025
Issue Closes November 7, 2025
Last Date for On-Market Renunciations November 3, 2025

Advertisement Publications

The pre-issue advertisements were published in the following newspapers:

  1. Business Standard (English national daily)
  2. Business Standard (Hindi national daily)
  3. Pratahkal (Marathi national daily)

Key Information for Investors

Eligible shareholders can participate in the Rights Issue through the ASBA (Application Supported by Blocked Amount) process. The company has emphasized that the credit of Rights Entitlements and allotment of Rights Equity Shares will be made only in dematerialized form.

Shareholders holding equity shares in physical form as of the Record Date (October 14, 2025) are advised to provide their demat account details to the Registrar or the company at least two working days prior to the Issue Closing Date (November 3, 2025).

Company Background

Delphi World Money Limited, originally incorporated as Chanakya Holdings Private Limited in 1985, has undergone several name changes over the years. The company's current name was adopted on August 9, 2021, reflecting its evolution in the financial services sector.

Investors are encouraged to review the Letter of Offer for complete details about the Rights Issue and associated risks before making an investment decision.

Historical Stock Returns for Delphi World Money

1 Day5 Days1 Month6 Months1 Year5 Years
-10.00%-11.77%-0.11%+64.92%-17.65%-25.95%
Delphi World Money
View in Depthredirect
like15
dislike

Delphi World Money Spearheads Ebix Inc.'s Global Travel & Hospitality Consolidation

2 min read     Updated on 23 Sept 2025, 01:07 PM
scanx
Reviewed by
Radhika SahaniScanX News Team
Overview

Delphi World Money Limited acquires substantial equity and management control in Ebix Travels Private Limited, marking a strategic shift from financial services to a comprehensive travel ecosystem. The move integrates Delphi's forex expertise with a wide range of travel services, including airline ticketing, luxury experiences, holiday packages, and MICE services. Ebix Travels brings strengths like the VIA.COM e-commerce platform and a network of over 50,000 agents. Delphi plans further investments, operational integration, and potential amalgamation, aiming to capitalize on India's projected 15% CAGR in the travel sector.

20158652

*this image is generated using AI for illustrative purposes only.

Delphi World Money Limited , a prominent player in the financial services sector, has announced a significant strategic shift that will transform the company into a comprehensive travel ecosystem. The move comes as part of Delphi's role in leading Ebix Inc.'s global travel and hospitality consolidation initiative.

Strategic Acquisition and Management Control

In a pivotal first step, Delphi has acquired a substantial equity stake and management control in Ebix Travels Private Limited, a key player in online travel services within the Ebix Group. The company plans to further enhance its shareholding and explore the possibility of an eventual amalgamation, subject to regulatory approvals.

Transformation into a Travel Powerhouse

This strategic move transforms Delphi from a primarily financial services company into a comprehensive travel ecosystem. The new entity will integrate Delphi's forex expertise with a wide range of travel services, including:

  • Airline ticketing (domestic and international)
  • Luxury experiences
  • Curated holiday packages
  • MICE (Meetings, Incentives, Conferences, Exhibitions) services
  • Hotel reservations and car rentals
  • Operation of luxury tourist trains

Ebix Travels: A Strong Foundation

Ebix Travels brings significant strengths to this consolidation:

  • Operates the VIA.COM e-commerce platform across India, Philippines, Indonesia, Singapore, and UAE
  • Serves over 18,000 clients through a network of more than 50,000 agents
  • Operates the luxury Deccan Odyssey train
  • Offers a comprehensive portfolio of travel services

Regulatory Strength and Operational Framework

Delphi enters this new phase as an RBI-authorized Category II Authorized Dealer, bringing robust compliance and risk management frameworks to its operations. This regulatory foundation is expected to reinforce trust and enable innovation in integrated, technology-driven travel solutions.

Strategic Roadmap and Future Plans

Delphi's strategic roadmap includes:

  1. Strengthening its equity position in Ebix Travels through further investments
  2. Pursuing seamless operational integration and eventual amalgamation
  3. Driving growth through technology-enabled platforms
  4. Expanding service offerings and global reach

Market Outlook and Growth Potential

The move comes at an opportune time, with India's travel and tourism sector projected to grow at a CAGR exceeding 15% over the next five years. Factors driving this growth include rising disposable incomes, increasing digital penetration, a youthful demographic, and supportive government initiatives.

Creating Long-Term Value

By orchestrating this comprehensive consolidation, Delphi aims to lead an integrated travel and financial services powerhouse. The company is investing in technology, brand coherence, strategic partnerships, and service expansion to scale operations and broaden its global reach.

Delphi World Money Limited's bold move into the travel and hospitality sector marks a significant milestone in its corporate journey. By leveraging its financial expertise and Ebix Travels' established presence in the travel market, Delphi is positioning itself to capitalize on the growing opportunities in the global travel industry while creating sustainable long-term value for its stakeholders.

Historical Stock Returns for Delphi World Money

1 Day5 Days1 Month6 Months1 Year5 Years
-10.00%-11.77%-0.11%+64.92%-17.65%-25.95%
Delphi World Money
View in Depthredirect
like15
dislike
More News on Delphi World Money
Explore Other Articles
218.03
-24.23
(-10.00%)