Abu Dhabi :LuLu Retail Holdings PLC has been awarded the prestigious title of “Best IPO in the Middle East” by EMEA Finance magazine at the 2024 EMEA Finance Achievement Awards held in London.The recognition comes in light of LuLu Retail’s landmark Initial Public Offering in Q4 2024, which raised US$1.7 billion and saw the company officially listed on the Abu Dhabi Securities Exchange (ADX). The IPO attracted robust investor interest, cementing LuLu’s position as a market leader and signaling strong confidence in its future growth and resilience.
LuLu Retail CEO Saifee Rupawala said the award is a testament to the company’s team, strategy, and investor trust, calling the IPO a “transformative chapter” for the brand.The EMEA Finance Achievement Awards honor outstanding financial deals and institutions across Europe, the Middle East, and Africa.
