Lulu Retail announced on Wednesday that its initial public offering (IPO) was oversubscribed 25 times across all tranches, excluding cornerstone investors, generating demand exceeding $37 billion-a ...

LuLu Retail, owned by business tycoon M A Yusuff Ali's LuLu Group, has created a record demand for a private entity's IPO.

Lulu Retail announced on Wednesday that its initial public offering (IPO) was oversubscribed 25 times across all tranches, ...

Lulu Retail Holdings said on Wednesday that it has attracted $36.8bn (Dhs135bn) in orders for its $1.72bn initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), as investors flock ...

The offering raised gross proceeds of Dh6.32 billion, making it the largest UAE IPO of 2024 to date. Stay up to date with the ...

IPO (initial public offering) outlook remains cautiously optimistic during the third quarter (Q3) of 2024, with five maiden ...

LuLu Retail breaks demand records, as international investors take 30% of the book, including Vanguard and GIC ...

“We deeply value the trust and confidence of UAE and GCC leaders in the Lulu brand. In response to demand from international ...

DUBAI: Lulu Retail Holdings, which runs one of the Middle East’s biggest hypermarket chains, said on Wednesday it had raised 6.32 billion dirhams ($1.72 billion) in its initial public offering (IPO), ...

HYPERMARKET chain operator Lulu Retail Holdings’s US$1.72 billion Abu Dhabi initial public offering drew orders worth US$37 billion, including from global investors Vanguard Group and Singapore ...

Hypermarket operator pulls in 82,000 retail investors, which is another high It's a record for LuLu Retail with its IPO. In fact, the Abu Dhabi headquartered retailer finished the subscription with ...

The IPO was oversubscribed by more than 25 times, with investor demand surpassing AED135bn (approximately $37bn) across all ...