IPL 2025 Starting From Tomorrow: Eraaya Lifespaces Ltd’s Subsidiary EbixCash Becomes an Official Partner of Chennai Super Kings for 2025 T20 Season

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The anticipation is building as cricket enthusiasts worldwide eagerly await the start of the 2025 Indian Premier League (IPL). Set to ignite the cricketing season, the IPL 2025 is scheduled to commence on March 22, 2025, with the opening match featuring the Kolkata Knight Riders hosting the Royal Challengers Bengaluru at the iconic Eden Gardens. This marks the beginning of a thrilling tournament that will unfold over several weeks, culminating in the final match on May 25, 2025. Which Team Are You Supporting This IPL? Do Let Us Know In The Comments Below

EbixCash, a subsidiary of Eraaya Lifespaces Limited, is excited to announce its partnership with Chennai Super Kings (CSK) as an Official Partner for the T20 season, 2025. This collaboration connects a trusted financial services brand with one of the most iconic teams in franchise cricket, unlocking new opportunities for brand engagement and fan interaction.

As one of the most celebrated and dominant teams in franchise cricket, Chennai Super Kings have built a remarkable legacy with multiple championship titles under their belt and a reputation for consistency. Known for their strategic gameplay, exceptional leadership and excellent gameplay, CSK has been instrumental in shaping the modern T20 format. With legendary players from India and overseas and a vast global fan base, the franchise continues to set new benchmarks in the sport, making this partnership a powerful alliance between sports and business excellence. Additionally, the association with CSK enhances trust, credibility, and consumer confidence, positioning EbixCash as a leading player in the financial services sector. This partnership reflects EbixCash’s commitment to leveraging sports as a powerful platform for growth and engagement.

About the Company

On Friday, shares of Eraaya Lifespaces Limited hit a 5 per cent upper circuit to Rs 76.31 per share from its previous closing of Rs 72.68 per share. The stock’s 52-week high is Rs 316.90 per share, and its 52-week low is Rs 35.60 per share.

Eraaya Lifespaces Limited, a leading lifestyle and hospitality company renowned for its luxurious and culturally rich experiences, is embarking on a strategic expansion. Building on its success in creating unforgettable journeys, Eraaya seeks to diversify its portfolio through mergers and acquisitions. This ambition was recently realized with the acquisition of Ebix Inc. USA and its global subsidiaries in June 2024. This significant acquisition, valued at USD 361 million, marks a pivotal moment for Eraaya as it ventures into new business domains, driving innovation and creating value for all stakeholders while navigating the dynamic and evolving market landscape.

According to Quarterly Results, the net sales increased by 3,584 per cent to Rs 666.11 crore and net profit increased by 130 per cent to Rs 0.53 crore in Q3FY25 compared to Q3FY24. Recently, in the exchange filing, the company disclosed that the promoters of the company have acquired 14 lakh shares on the conversion of warrants. Eraaya Lifespaces Limited has declared a 10:1 stock split. This means that each existing share with a face value of Rs 10 will be divided into ten new shares, each with a face value of Re 1. The ex-date for the stock split was Friday, December 06, 2024.

The company has a market capitalisation of Rs 1,425 crore and a 300 per cent 3-year stock price CAGR. The stock gave multibagger returns of 110 per cent in just 1 year and a whopping 9,640 per cent in 5 years. As of December 2024, the company's promoters own 35.17 per cent stake, FIIs own 22.63 per cent, DIIs own 1.84 per cent and the rest 40.41 per cent stake is owned by the public.

Disclaimer: The article is for informational purposes only and not investment advice.