DFM
UAE's Parkin raised the highest proceeds, contributing 37.2 percent to total proceeds of MENA IPOs
The market attracted nearly 44,000 new investors in Q1 this year, and 85 percent of them are international
IPO saw an oversubscription rate of 64 times in aggregate
DFM’s trading value reached over AED25 billion during Q1 of 2024
Technologically advanced parking operator supports Dubai's robust capital markets development strategy
ADX witnessed five major direct deals on 243.4 million shares worth $186 million
The trade was executed on 5.7 million shares
Parkin IPO enhances market's attractiveness and draws new investors
IPO resulted in market capitalization of AED6.30 billion upon admission
The Dubai-based company is selling about 27 million shares at a price of $59 per share in a secondary offering
Parkin will commence trading on the DFM on March 21, 2024
