Delphi World Money Limited, an RBI-authorized Category II Authorized Dealer, has launched a rights issue worth ₹99.76 crore to fund its next phase of growth in the travel-fintech ecosystem. The move underscores the company’s strategic transition from a traditional forex and remittance service provider to a comprehensive digital travel and financial services platform.
Rights Issue Details
The company is issuing 52.23 lakh equity shares at ₹191 per share (face value ₹10, premium ₹181). Eligible shareholders can subscribe to 23 shares for every 49 shares held.
| Particulars | Dates |
| Issue Opens | October 27, 2025 |
| Last Date for On-Market Renunciation | November 3, 2025 |
| Issue Closes | November 7, 2025 |
| Record Date | October 14, 2025 |
Use of Proceeds and Strategic Investments
Funds raised will be deployed to:
- Strengthen the company’s capital structure
- Invest in Ebix Travels Private Limited, in which Delphi recently acquired management control
- Accelerate digital transformation across its travel, forex, and remittance operations
Through the Ebix Travels acquisition, Delphi has expanded its offerings to include MICE services, airline ticketing, curated tours, hotel bookings, and car rentals — positioning itself as a one-stop travel solutions provider.
Market Opportunity and Growth Outlook
Delphi is tapping into India’s fast-growing travel and tourism industry, expanding at a CAGR of over 15%, and the USD 9 trillion global travel market. By combining financial services expertise with travel technology, the company aims to capture emerging opportunities in the travel-fintech convergence space.
Chairperson T.C. Guruprasad remarked,
“The Rights Issue marks a defining milestone in Delphi’s journey — reinforcing our commitment to capital strength, innovation, and long-term value creation.”
Future Roadmap
Delphi’s long-term strategic goals include:
- Expanding its equity stake in Ebix Travels
- Exploring potential amalgamation opportunities (subject to approvals)
- Launching unified digital platforms integrating travel, forex, and remittances
- Deepening institutional partnerships across the travel and payments ecosystem
Summary:
Delphi World Money’s ₹99.76 crore rights issue represents a pivotal step toward building a scalable, tech-driven travel-fintech enterprise. With strengthened capital, digital innovation, and a growing foothold in India’s expanding travel sector, the company aims to redefine the interface between financial services and travel technology.
Disclaimer:
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