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The Economic Times

Markets / The Economic Times

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XED Executive Development withdraws first-ever GIFT IPO

XED Executive Development has withdrawn its initial public offering from GIFT City's IFSC due to a cautious investor mood. Despite retail interest, procedural issues and subdued institutional participation led the company to postpone its market debut. The board opted to wait for a more opportune time, citing market volatility and liquidity concerns.

31 Mar 2026 6:47 am