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XED Executive Development takes private route as GIFT City IPO dream awaits lift-off

1 source · first seen 19:17 27 Sept · updated 19:17 27 Sept

The brief

Written from 1 report · check the source before you trade
  • Mumbai-based XED Executive Development is seeking $10 million through a private placement
  • Its GIFT IFSC IPO plans await a lift-off as the direct-listing market struggles to gain traction
  • Limited GIFT IFSC listing traction may weigh on prospects for Indian capital-market operators

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1 report · earliest 19:17
Business LineXED Executive Development takes private route as GIFT City IPO dream awaits lift-off19:17