Abu Dhabi : Lulu Hypermarket’s share sale has started today. 25 percent shares (258.2 crore) will be listed on the Abu Dhabi Stock Exchange through a three-phase IPO till November 5.
89% of the shares will be reserved for institutional investors (QIBs), 10% for small (retail) investors and 1% for employees.
The final share price will be announced on November 6. Retail investors
will receive an SMS regarding the allotment on November 12. The shares will be listed on the Abu Dhabi Stock Exchange on November 14.
Lulu’s is one of the biggest IPO listings this year in the UAE . Lulu will also have the distinction of being the largest retailer IPO in the UAE and the largest private company IPO in the UAE.
Sri. K P Raj Mohan Varma, Hon’ble Vice-Chairman of the International Chamber, Parakkadathu Koyickal Trust in the valuable presence of Tripunithura Aasthana Vidwan Prof. Kumara Kerala Varma is honouring TRIPUNITHURA AASTHANA VIDWAN DR. JAPAYAPRAKASHA SHARMA, on 22/04/26 at Tripunithura during the closing ceremony of the 25th Edition of Poornathrayee Sangeethotsavam 2026 and 57th Birth Day of Dr. Jayaprakasha Sharma, the Department Head of Art & Literature, International Chamber, PK Koyickal Trust, Tripunithura..
April 23, 2026
