Page 193 - ALEF EDUCATION PR REPORT OCTOBER 2024

ADNH Catering IPO: How to subscribe for public

offering; all you need to know

All the previous IPOs attracted strong interest from both institutional and retail investors and
were oversubscribed multiple times

by

Waheed Abbas

Published: Tue 1 Oct 2024, 6:00 AM
Last updated: Tue 1 Oct 2024, 7:30 PM

Abu Dhabi National Hotel Catering (ADNH Catering) is the latest company to announce its plan to
go public this month.

Many companies have taken the initial public offering (IPO) route to raise funds to expand their
services and operations within the UAE and beyond. The UAE bourses – Dubai Financial Market and
Abu Dhabi Securities Exchange – have seen a flurry of IPOs in the past few years. In the second
quarter, Alef Education listed on the Abu Dhabi bourse, raising $515 million (Dh1.89 billion).

https://www.khaleejtimes.com/uae/adnh-catering-ipo-how-to-subscribe-for-public-offering-all-
you-need-to-know