XED Executive Development to Launch GIFT City's First USD 12 Million IPO in March

XED Executive Development is launching a USD 12 million initial public offering (IPO) at GIFT City, India's International Financial Services Centre, with a price band of USD 10-10.5 per share. The IPO opens on March 6 and closes on March 18, targeting eligible investors under the International Financial Services Centres Authority framework, including NRIs and foreign investors. The shares will be listed on NSE International Exchange and India International Exchange, marking the first IPO at GIFT City and aiming to support XED's global expansion and partnerships.