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XED Submits $12 Million IPO Papers; GIFT City IFSC's First Issue to Launch in Early March
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XED Files for $12M IPO: GIFT City IFSC's First Public Issue Set for March
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Moneycontrol
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18-02-2026, 04:45
XED Files for $12M IPO: GIFT City IFSC's First Public Issue Set for March
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XED Executive Development files papers for a US$12 million Initial Public Offering (IPO).
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This marks the first public issue to be launched from GIFT City, India's International Financial Services Centre (IFSC).
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The IPO is expected to open for subscription in the first week of March 2026.
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Shares will be listed on NSE International Exchange and India International Exchange at GIFT City, traded as dollar-denominated instruments.
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The offering targets eligible investors under the IFSCA framework, including NRIs, FPIs, and institutional investors.
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