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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
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News18
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27-02-2026, 19:30
XED to launch GIFT City's first IPO of USD 12 mn; public issue opens March 6
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XED Executive Development sets price band of USD 10-10.5 per share for its USD 12 million IPO.
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This marks GIFT City's inaugural share sale under IFSCA regulatory framework, opening March 6.
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IPO targets NRIs, foreign portfolio investors, institutional investors, and other overseas participants.
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Funds raised will accelerate global program expansion, university partnerships, and delivery capabilities.
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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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