Archive · 20 Aug 2025
XED Files IPO, First Indian Company via GIFT City
XED, a company that teaches business skills to leaders, is planning to sell shares to the public for the first time.
This is called an IPO.
They are doing this through GIFT City, which is a special financial area designed to attract investors.
XED will be the first Indian company to use this method.
The money raised will help XED grow, by funding new projects and acquisitions.
The company's shares will be available on two stock exchanges.
XED, an executive education platform, filed for an IPO through GIFT City.
XED is the first Indian company to pursue an IPO via GIFT City.
The IPO will be a mix of new shares and shares sold by current owners.
Funds raised will be used for working capital, tech investments, and acquisitions.
The company's shares will be listed on NSE IFSC Limited and India INX.
- Who
- XED Executive Development Limited
- What
- XED, an executive education platform, filed for an IPO.
- When
- The DRHP was filed recently.
- Where
- The IPO will be pursued via GIFT City.
- Why
- To raise capital for expansion and growth, including working capital, technology investment, and potential acquisitions.
- Company
- XED Executive Development Limited
- IPO Type
- Fresh issue and offer for sale
- Listing Venue
- NSE IFSC Limited and India INX
- Lead Manager
- Global Horizons Capital Advisors
- Registrar
- KFinTech