Lulu IPO News: Lulu Retail Seeks to Raise up to $1.43 Billion
According to latest Lulu IPO news reports, Lulu Retail Holdings announced the IPO price range of its shares between Dhs1.94 and Dhs2.04 per share. The IPO implies a market valuation of Dhs21.07 billion ($5.74 billion) at the upper end. This valuation positions the Lulu IPO as the biggest in the UAE for 2024.