XED submits RHP to raise $12 million IPO, first public issue from GIFT City

As per the Moneycontrol report, we can expect the IPO to be launched in the first week of March 2026. 

The launch of this public issue represents a significant step for GIFT city. It will be the first issue to launch under the regulatory framework of the International Financial Services Centres Authority (IFSCA).

XED stated that the firm has secured the approval from stock exchanges and filed the draft papers with the Registrar of Companies (RoC).

The eligible investors who can apply under this IPO are Non-Resident Indians (NRIs), Foreign Portfolio Investors (FPIs), Institutional investors, and Other approved overseas investors.

The shares of the XED IPO will be listed on the NSE International Exchange. The shares will be available at GIFT City’s international exchange and sold in millions of dollars, targeting international investors. Moreover, the part of the IPO is reserved for the Anchor Investors, which will be completed by the end of this month. 

Founded in 2015, XED Executive Development is one of the growing providers of executive education serving senior leaders, individuals, and organizations. The firm offers its services across 25 countries, including India, the Middle East, Southeast Asia, and North America. By partnering with Ivy League and top global universities, XED provides highly impactful programs in strategy, leadership, entrepreneurship, innovation, digital, and finance.

XED Executive IPO Prospectus:

XED Executive Company Financial Report

Amount ₹ in Crores

XED Executive IPO Valuation – FY2025

Bonfiglioli Transmissions IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Objects of the Issue

• Working Capital
• Technology Capex
• Strategic Acquisitions and Investments for Inorganic Growth
• Investment in World-Class Executive Education Infrastructure and
• General corporate purposes

IPO Lead Managers aka Merchant Bankers

• Global Horizons Capital Advisors IFSC Private Limited