The company, which runs one of the Middle East's biggest hypermarket chains with more than 240 grocery stores in six Gulf countries, is offering 2.582 billion shares, equal to a 25% stake.

The IPO will close on November 8, with a single-day bidding opportunity for anchor investors available on November 5.

`There are pockets of opportunities within private banks and financial services where you can find well-managed companies with strong fundamentals. '

Founded in 1974, Yusuff Ali-led Lulu group operates over 240 hypermarkets and shopping malls across 10 countries, including India, Egypt, Malaysia, and Indonesia

The Grey Market Premium (GMP) for Hyundai Motors indicates a downward trend ahead of its listing next Tuesday, potentially leading to a flat debut.

The portion allocated to qualified institutional buyers (QIBs) garnered only 13,89,647 bids, representing 5 percent of the 28,283,260 shares reserved for them.

The Hyundai IPO is poised to raise approximately ₹28,000 crore, with a price band set between ₹1,865 and ₹1,960 per share.

Bolt offers a selection of popular dishes, including burgers, hot and cold beverages, breakfast items, and even biryani, all of which require minimal preparation time

The Swiggy IPO comprises a fresh issue of equity shares worth ₹3,750 crore and an offer-for-sale of 18, 52,86,265 equity shares by existing shareholders.

Until recently, Asirvad Micro Finance was actively promoting its IPO through roadshows. However, these efforts have come to a standstill, indicating a lack of progress towards the listing