GIFT City's First IPO: XED to Offer USD12 Million Public Issue Starting March 6

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XED to launch GIFT City's first IPO of USD 12 mn; public issue opens March 6

Representational image (Image: News18)

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News18•27-02-2026, 19:30

XED to launch GIFT City's first IPO of USD 12 mn; public issue opens March 6

•XED Executive Development sets price band of USD 10-10.5 per share for its USD 12 million IPO.
•This marks GIFT City's inaugural share sale under IFSCA regulatory framework, opening March 6.
•IPO targets NRIs, foreign portfolio investors, institutional investors, and other overseas participants.
•Funds raised will accelerate global program expansion, university partnerships, and delivery capabilities.
•Equity shares to be listed on NSE IX and India INX, traded as dollar-denominated instruments.

Read Full Article on News18 in English

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