Lulu Group expects to launch IPO in H1 2024, shares to be listed in Gulf – chairman

NEW DELHI (Reuters) – Lulu Group International expects to launch its initial public offering (IPO) in the first half of 2024, its chairman said on Monday, adding that the company’s shares will be listed in gulf.

The group has appointed Moelis and Co as its advisor for the IPO, Lulu’s Chairman and Managing Director Yusuff Ai said.

(Reporting by Nidhi Verma, writing by Sakshi Dayal,; Editing by Louise Heavens)

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