GIFT City's First IPO: XED Seeks $12 Million, Issue Opens In March 2026

The offering marks a major step for Gujarat International Finance Tec-City, India's IFSC, as it prepares to see its first public issue.

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The company's IPO is expected to open for subscription in the first week of March 2026.

Photo Source: @GIFTCity_/X

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XED Executive Development plans an IPO to raise about $12 million in GIFT City
The IPO is scheduled to open for subscription in the first week of March 2026
It will be the first public issue under the International Financial Services Centres Authority

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