Indian Billionaire Yusuff Ali’s Lulu Retail IPO Priced At Top End, Attracts $37 Billion Of Orders
Lulu Retail Holdings—a Middle East hypermarket chain founded by Indian billionaire M.A. Yusuff Ali—has priced its IPO at the ...
Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this yr
The success of the Lulu IPO highlights the growing interest in the UAE’s capital markets, with many first-time investors ...
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LuLu Retail attracts $37bn of demand, Talabat to launch IPO as early as Monday
LuLu Retail breaks demand records, as international investors take 30% of the book, including Vanguard and GIC ...
Grocer Lulu’s $1.72 Billion Abu Dhabi IPO Draws Vanguard, GIC
Hypermarket chain operator Lulu Retail Holdings Plc drew orders worth $37 billion for its $1.72 billion Abu Dhabi initial ...
Gulf Business on MSN1d
Lulu Retail boosts IPO size to 30% on strong demand
Other cornerstone investors include the Abu Dhabi Pension Fund, Bahrain’s Mumtalakat, Emirates International Investment ...
Grocer Lulu Raises $1.72 Billion in UAE’s Largest IPO This Year
Hypermarket chain operator Lulu Retail Holdings Plc raised $1.72 billion from its Abu Dhabi initial public offering, marking ...
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Line Investments and Property triumphs with 21 awards at MECS+R Mena 2024
Line Investments and Property (LIP), a subsidiary of LuLu International Holding, has bagged a total of 21 awards at the ...
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Lulu Retail Holdings Plc offering size increased to cater for significant international, regional demand
Lulu Retail Holdings PLC (“Lulu Retail”, or “Lulu”, and together with its subsidiaries, the Group), today announced an ...
Gulfbusiness.com on MSN9d
UAE’s Lulu Retail sets IPO price range of up to Dhs2.04 per share
Lulu Retail’s indicative share price of Dhs1.94 and Dhs2.04 per share implies a market valuation of around $5.74bn ...
Indian Billionaire Yusuff Ali’s Lulu Retail To Raise $1.4 Billion In U.A.E.’s Biggest IPO This Year
Lulu Retail Holdings—a Middle East hypermarket chain founded by Indian billionaire M.A. Yusuff Ali—plans to raise up to $1.4 ...
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Yusuff Ali’s Lulu Retail raises IPO size from 25% to 30% amid soaring investor demand
Lulu Retail, part of Lulu Group International led by prominent Non-Resident Keralite MA Yusuff Ali, has raised its initial ...
Top Grocer Lulu Boosts Size of Abu Dhabi IPO to $1.72 Billion
Lulu Retail Holdings Plc increased the number of shares on offer in its Abu Dhabi initial public offering, and now targets raising as much as $1.72 billion in the United Arab Emirates’ biggest listing ...