Invest in Lulu Retail Holdings Public Offering
The Largest and Fastest Growing Pan-GCC Full-Line Retailer
Al Maryah Community Bank acting as a receiving bank presents you with the opportunity to subscribe to the Lulu Retail Holdings Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX).
Subscriptions are open from 28 October until 5 November 2024
How to Participate in the UAE IPOs
- 1
Open an Account
Open an Account with Al Maryah Community Bank. If you don’t have one, you can open an account using our mobile app (Mbank UAE) on your phone in less than five minutes using UAE PASS
- 2
Deposit Funds in Your Account
Transfer your funds to your Mbank account
- 3
Create a National Investor Number (NIN)
If you do not have a NIN number, you can create a National Investor Number (NIN) through the Mbank UAE app. You can also create one by downloading SAHMI app for ADX or Dubai Financial Market (DFM) app for DFM
- 4
Submit a Request to Purchase the IPO Shares as shown below
Once you have a National Investor Number (NIN), use the Mbank UAE app to apply for initial public offering shares
- 5
Request leverage while applying
Submit a leverage request on the app and increase your subscription amount up to 5 times
Know more about Lulu Retail Holdings
Lulu Retail IPO
Subscribing to the Lulu Retail IPO is simple. Here’s how to do so.
Open an account with Mbank in less than 5 minutes, create an investor number through the app if you don’t have one, submit a request to subscribe to the Lulu Retail IPO, and request to get up to 5 times leverage.
Don’t miss the golden opportunity to invest in the largest pan-GCC full retailer: Lulu Retail!
With a revenue CAGR of 7.4%, Lulu Retail achieved sales of $7.3 billion with an EBITDA margin of 10.3%.
Download the Mbank UAE App and easily subscribe to the IPO in just a few steps.
Past Initial Public Offerings
General Terms and Conditions
The Terms and Conditions for each IPO subscription may vary from offering to offering. However, kindly ensure to read the prospectus of the offering to get full understanding, including the following factors:
1 - Offering Price
Details of the share prices and what are the minimum investment value and incremental investment details.
2 - Allotment
Details of how the allotment will happen in addition to the confirmation mode.
3 - Valid Information
Ensuring that the correct information is provided and that you have read the investment risks and other important information in the prospectus.
4 - Payment and Refund Terms
Understand the Payment and Refund Terms.
Risks
It is important to comprehend the overall risks associated with investing in an IPO, including market risk and where the value of shares can be affected by broader market conditions. Additionally, be aware of the lack of historical performance data for newly listed companies, as they may have limited financial track records as public entities, posing challenges for investors in assessing historical financials and predicting future performance.
Disclaimer: Al Maryah Community Bank LLC is only a receiving bank – Initial Public Offering. We are not involved in the offering, solicitation, recommendation, commenting, or providing any guarantee to any individual or entities participating in the IPO. You should undertake your own research and study before you trade or invest. You should carefully consider whether trading or investment is suitable in light of your own financial position and investment objectives. You are advised to seek independent financial and professional advice before you trade or invest. You should seek independent professional advice if you are uncertain of or have not understood any aspect of the following risk disclosure statements or the nature and risks involved in trading or investment.