Delphi World Money Opens ₹99.76 Cr Rights Issue for Expansion
Filing Summary
Delphi World Money Limited opened its Rights Issue of up to 52.23 lakh equity shares at ₹191 each, with a ratio of 23 shares for every 49 held. The issue runs from October 27 to November 7, 2025, and aims to strengthen the company’s capital base and fund expansion in its travel–fintech business. Proceeds will support digital transformation, inorganic growth, and increased investment in Ebix Travels Private Limited. Delphi continues to evolve from a forex and remittance provider into an integrated global travel–fintech enterprise.
Delphi World Money Limited announced the opening of its Rights Issue of up to 52.23 lakh fully paid-up equity shares at ₹191 per share, comprising a ₹10 face value and ₹181 premium. The issue opens on October 27, 2025, and will close on November 7, 2025. The record date for eligibility was October 14, 2025, and the last date for on-market renunciation is November 3, 2025. Eligible shareholders are entitled to 23 equity shares for every 49 shares held.
The company stated that proceeds from the Rights Issue will be used to strengthen its capital structure, support future inorganic growth, and accelerate its transformation into a unified travel–fintech enterprise. Funds will be directed toward digital transformation across forex, travel, and remittance verticals, and to expand Delphi’s equity position in Ebix Travels Private Limited, which it recently acquired and now controls.
With Ebix Travels integrated under its operations, Delphi now offers a full range of travel services, including domestic and international airline ticketing, MICE (Meetings, Incentives, Conferences, and Exhibitions) management, curated tours, luxury holidays, hotel bookings, car rentals, and luxury train experiences. This consolidation allows the company to operate as a comprehensive travel and financial platform combining forex, payments, and travel under one brand.
The Rights Issue supports Delphi’s roadmap to deepen its presence in travel and fintech markets, strengthen its digital infrastructure, and explore potential amalgamation opportunities with Ebix Travels subject to regulatory approvals. The capital raise is also aimed at enhancing technology platforms, customer experience innovation, and global expansion initiatives.
India’s travel and tourism market is growing at a CAGR exceeding 15%, while the global travel industry, valued at over USD 9 trillion, is witnessing convergence between travel and financial services. Positioned as the travel–fintech hub for Ebix Inc.’s global operations, Delphi intends to leverage this trend by combining its expertise in foreign exchange and remittances with its growing portfolio of digital and travel offerings.
Key Rights Issue Details:
• Issue Size: 52,23,295 fully paid-up equity shares
• Issue Price: ₹191 per share (₹10 face value + ₹181 premium)
• Entitlement Ratio: 23 shares for every 49 held
• Record Date: October 14, 2025
• Issue Opens: October 27, 2025
• Renunciation Closes: November 3, 2025
• Issue Closes: November 7, 2025
• Mode: ASBA (dematerialised form only)
About Delphi World Money Limited
Delphi World Money Limited is an RBI-authorised Category II Authorised Dealer specialising in foreign exchange and cross-border remittances. It is now the designated platform managing Ebix Inc.’s global travel and hospitality business. The company operates across the travel value chain through in.via.com and the legacy Mercury Travels brand, offering integrated travel, forex, and payment solutions under one ecosystem.