India's 1st IPO at GIFT City kicks off
About the company and the issue 
Global Horizon Capital Advisors is leading the deal, with DBS Bank and RBL Bank as bankers and KFin Technologies as registrar.
XED Executive Development provides executive education in more than 25 countries, including India, Southeast Asia, the Middle East, and North America.
The IPO features a fresh issue of $9.6 million and an offer for sale of $2.4 million, with shares priced between $10 to $10.50 on both NSE International Exchange and India International Exchange at GIFT City.
Funds raised will support tech upgrades ($1.8 million), working capital ($2.4 million), IPO costs ($1.2 million), and general corporate needs plus acquisitions ($4.2 million).
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