IPO, LuLu Retail

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
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 top end of the price range, raising $1.7 billion in the United Arab Emirates’ biggest listing this year.
Lulu IPO: Retailer raises $1.72bn in UAE’s largest listing this year
UAE retail major Lulu Group has raised Dh6.32 billion ($1.72 billion) through its initial public offering, making it the country's largest listing so far this year. The hypermarket chain operator priced its shares at the top of the indicated range amid strong investor demand for listings in the region.
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 public offering (IPO) size on the Abu Dhabi Securities Exchange from 25% to 30% of its total shares.
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 billion in what will be the United Arab Emirates’ biggest IPO this year.
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 the largest listing in the United Arab Emirates this year.
UAE: Lulu Retail increases IPO size to 30%
GCC full-line retailer, on Monday announced an increase in the size of its initial public offering (IPO) to 30 per cent, compared to 25 per cent earlier.The total offering size has increased to over 3.
Grocer Lulu’s US$1.72 billion Abu Dhabi IPO draws Vanguard, GIC
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 sovereign wealth fund GIC.
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 of the year.
Lulu Retail Holdings expects to raise $1.43 billion from its Abu Dhabi IPO
Lulu International Holdings plans to sell a 25 per cent stake or 2.58 billion shares in Lulu Retail Holdings public issue. The company expects to raise $1.43 billion from the listing, reported Bloomberg on Monday.
onmanorama1h
LuLu Retail creates record, IPO generates demand exceeding $ 3,700
LuLu Retail, owned by business tycoon M A Yusuff Ali's LuLu Group, has created a record demand for a private entity's IPO.
Gulf Business on MSN2d
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’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 ...
Lulu generates demand for $37 billion, becomes largest IPO in UAE this year
The success of the Lulu IPO highlights the growing interest in the UAE’s capital markets, with many first-time investors ...