GIFT City is democratising global investing for Indian and NRI investors alike, says R. Pallavarajan of PMS Bazaar

GIFT City is rapidly becoming a pivotal hub for Indian and global investors, providing a streamlined and tax-efficient framework for capital flow. Projections indicate that commitments at GIFT IFSC could surpass USD 100 billion by 2030, democratizing access to diverse investment products. This growth is fueled by increasing NRI and global investor interest in India’s expanding economy.

LEAP India files DRHP with Sebi for Rs 2,400 crore IPO

LEAP India plans to launch an IPO to raise Rs 2,400 crore. The IPO includes a fresh issue and an offer for sale. The company will use the funds to repay debt and for working capital. Vertical Holdings and KIA EBT Scheme are selling shareholders. The IPO also includes an employee reservation portion.