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

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 ...

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

The IPO — which was increased from 25 to 30 per cent — was ... While speaking to Khaleej Times in Abu Dhabi, Saifee Rupawala, ...

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 ...

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

Lulu Retail Holdings PLC today announced the successful completion of the bookbuild and public subscription process for its ...

The offering was over 25 times oversubscribed with orders of more than AED135 billion ($37 billion) received across all ...

Lulu Retail Holdings—a Middle East hypermarket chain founded by Indian billionaire M.A. Yusuff Ali—has priced its IPO at the ...