What is the meaning of infibeam?
Infibeam Avenues Limited is an Indian multinational financial technology company which offers enterprise digital payment solution globally under the brand name CCAvenue and enterprise e-commerce software platform (‘marketplace’) services to businesses across various industry verticals and the Government.
What is infibeam Avenue business?
Infibeam Avenues Limited is a leading financial technology company which offers Digital Payment Solutions and Enterprise Software Platform to large enterprises and government globally.
What happened to infibeam?
The Sudden Crash The shares of Infibeam Avenues lost 73% of their value on one single day. This is because the share was being held in huge quantities by derivatives traders as well as arbitrage funds. This made the stock inherently volatile. Most of the positions being taken in this stock had short-term intent.
Is it good to buy infibeam shares?
It seems like the market has well and truly priced in INFIBEAM’s positive outlook, with shares trading above industry price multiples. If you believe INFIBEAM should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable.
Is infibeam debt free?
How Much Debt Does Infibeam Avenues Carry? You can click the graphic below for the historical numbers, but it shows that Infibeam Avenues had ₹185.2m of debt in March 2021, down from ₹283.9m, one year before. But it also has ₹3.45b in cash to offset that, meaning it has ₹3.27b net cash.
Who owns infibeam avenues?
Infibeam Avenues
Infibeam/Parent organizations
Who is the CEO of Infibeam?
Vishal Mehta (Jul 2007–)
Infibeam/CEO
Is infibeam an ecommerce company?
Infibeam Avenues Limited (IAL) was incorporated on June 30, 2010 at Ahmedabad, Gujarat as a public limited company under the Companies Act 1956. It’s an E-commerce company focused on developing an integrated and synergistic E-commerce business model.
What are Infibeam’s businesses?
Infibeam’s businesses include online retailing through its flagship website ‘infibeam.com’, e-commerce platform software service through ‘buildabazaar.com’, e-commerce marketplace ‘dhamaal.com’ and its own branded e-book reader.
What are Infibeam Avenues’ key products/revenue segments?
Infibeam Avenues Ltd. key Products/Revenue Segments include Software Development Charges & Other Services which contributed Rs 542.21 Crore to Sales Value (99.55 % of Total Sales) and Export Incentives which contributed Rs 2.45 Crore to Sales Value (0.44 % of Total Sales)for the year ending 31-Mar-2019.
What is the initial capital of Infibeam?
The company was started with an initial capital of ₹ 100-150 million. The Company started with online marketplace and expanded into software enabling services in 2011. Infibeam Avenues limited became India’s first listed E-commerce Company on Indian Stock Exchange in 2016.
What is the ranking of Infibeam in 2018?
In February 2018, Infibeam was ranked 418th in The Financial Times and Statista’s FT1000 High Growth Companies Asia – Pacific 2018. Infibeam was conferred with Consumer Durable & E-Retail of the Year Award at E-Retail Award 2018 by Franchise India held on 16–17 April 2018 in JW Marriott Hotel, New Delhi.