The NPV Avenue Ltd this type of stocks are my botch list for the technical perspective this stocks are fulfill my technical criteria so I have share the stocks technical chart presentations one more idea for how to work a technical chart this talks are easily moved to 48 rupees target to ₹81 for this year ends the stocks are very attractive volume action who will show the downside arrow in the chart very high probability in this type of stock hold the next two to three years the target will achieve 131 because the stocks are the company change in business cycle and improved whole sales growth the sales growth are improved automatically improve your profits the company profit increase so these are easily show in stock price movement and it can be easily moved to ₹31 to ₹131 target for the next two to three years long term prospective view only not a short term bat another one is these are known for any investment idea these are only for technical perspective view my personal view and this stops are already my personal holding so please you are discuss your financial advisor before this company invest investment for your decision only not my decision thank you this contain R only for educational purpose criteria thank you

Incorporated in 2017, Infibeam Avenues Ltd is in the business of software development services, maintenance, web development, payment gateway services, e-commerce and other ancillary services[1

Business Overview:[1][2]
IAL is a Financial Technology company that offers integrated & scalable digital platforms consisting of Digital Payment Solution and Enterprise Software solutions. It operates an online payment system with technology platform solutions across industry verticals and as a payment processor for online merchants, websites and commercial users. It helps to
simplify business operations and transaction processing for B2B customers viz. merchants, banks,enterprises, governments, etc.

Brands:[3][4]
Company's payment system CCAvenue provides 250 unique payment options in India, processing payments across 27 international currencies that enable online and mobile payments for merchants. Infibeam also provides services to various platforms, viz. Government e-Marketplace (GeM), Bharat Bill payment services (BillAvenue) and hospitality solutions (ResAvenue)

Business Models:
a) Merchant Centric Business Model (DCB):[5]
It helps merchants in digital transactions for payment and platform solutions
b) Bank Centric Business Model:[6]
This is a de-risked business model for Building Payments Infrastructure

India’s leading digital payment company [7] IAL is India’s third-largest payments solutions provider (DSP) in terms of revenue and market share. The company has 1 mn+ merchants across fintech platforms and solutions portfolio

Services Offered:
a) Digital Payments[8] This is the core segment of the company and they offer three major services:
i) Payment Acquiring[9] – Under this segment, the company offers a payment gateway service for acquiring and processing digital payment transactions. The company provides 200+ payment methods categorized into debit and credit cards, net banking, wallets, EMI, and UPI.
** ii) Payment Issuance [9]- On the issuing side, company offers early settlements of merchant funds, prepaid cards to corporate, corporate credit cards, and lending. The payment issuance allows company to earn higher transaction rates than in the acquiring solutions segment.
iii) Remittance**[9] - The company provides both Domestic and International Remittance services. The company is intending to add the international remittance option on its Payment gateway which will allow Indians to directly purchase products from an International website.

b) Software Platforms [8]
In this segment, company provides software platform for merchants by developing SaaS-based (software as a service) platforms. The company also offers enterprise-level customized eCommerce platforms to large enterprises for handling large sales volume. Through these portals, the company hosts India's largest online marketplace for government procurement through the government e-marketplace portal[10].

Clientele:[11]
a) India:
Taj, Oberoi Hotels, ITC Hotels, MakemyTrip, Yatra, Paytm, Freecharge, Vistara, Ola Money, Myntra, etc.
b) GCC:
Burj Khalifa, Emaar, Damac, Nakheel, Radisson, Oman Air, Jumeirah Golf Estates, DHL, Tommy Hilfiger, Tim Hortons, etc.

Revenue Breakup - Q2FY24[12]
Transaction based : 98%
Non-Transaction based : 2%

Geographical Revenue Split:[13]
UAE ~5%, Others ~1%, Domestic Sales ~94%
In Q2FY24, Monthly payments TPV in UAE grossed AED 1 bn.[14] In Q2FY24, ~80% contribution in International market came from Credit Card payment option.[15]

Foray into UAE[14]
In Q2FY24, company forayed into offline payments in UAE by offering QR code for payments at merchant outlets. They onboarded multiple merchants including renowned establishments in Dubai like Prime Association Management, a renowned homeowners' association, and the esteemed Jaffer Bhai's The Biryani King of Bombay, which operates in Dubai. This is to be followed by the launch of TapPay (mobile SoftPoS) in UAE by FY24.

Acquisition[16]
In Dec,23, company acquired 49% equity stake in Pirimid Fintech for ~Rs. 25 crs.

Renewal:[17]
On December 23rd 2022, company received Perpetual renewal of the Bharat Bill Payment License by RBI

Merchant Additions:[18]
In FY22, company added a 1.1 million merchants in a single quarter across all its offerings, reaching 8.4 million merchants

TapPay:[19]
Tap Pay is a new acceptance mechanism for payments and is live with almost 1000 merchants. It expects to reach 1 Lac merchants with TapPay by the end of FY2023 and a million merchants by the end of 2024

Conversion of warrants to Equity[14]
Vybe Ventures, owned by Mr. Vishwas Patel (JMD at IAL) & his family, in Oct,23, converted all the warrants to equity, ~95 mn shares.

Capex[14]
Company made capex of ~Rs. 1.2 billion in H1FY24 in international markets. Investments
were largely towards data localization, security & IP rights funded from internal accruals.

Focus[14]
Company aspires to emerge as a key player in the AI-based fraud detection and prevention market. It has made an investment of
~Rs. 1 bn by creating a new AI Hub, as an extension to its GIFT City hub.
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