TOOLS & CALCULATORS HELP ME CHOOSE A CARD
Home / talabat Initial Public Offering (IPO)

talabat Initial Public Offering IPO subscription now open!

Over the past two decades, talabat has grown to become the leading food ordering, delivery, takeaway and groceries and convenience retail marketplace in the MENA region, with more than 6 million active customers across eight countries for the month of September 2024.

Abu Dhabi Islamic Bank PJSC acting as Receiving Bank presents you with the opportunity to subscribe to the talabat Initial Public Offering (IPO) on the Dubai Financial Market (DFM).

Subscriptions ​​​​now open until 27 November 2024.

Key Facts & Figures

> 6 million

active customers1

> 65,000

active partners1

> 480

Technology & Product experts

> 119,000

active riders1

AED 19.8 billion

Gross Merchandise Value (GMV)[2]

AED 1.3 billion

adjusted earnings before finance cost, taxes, depreciation and amortization (EBITDA)[2]

AED 367 million

proposed Q4 2024 dividends

AED 1.5 billion

proposed FY 2025 dividends

AED 1.3 billion

Adjusted Free Cash Flow[1]

> 90% cash conversion[2]

[1] For the month of September 2024
[2] Period between 1 January and 29 September 2024

Investment Highlights

  • Leaders in a highly attractive and under-penetrated market with the highest order volumes and widest geographic reach in MENA

  • Business model benefiting from powerful local network effects, driving growth, service quality and platform loyalty

  • Attractive financial profile with a robust growth track record

  • Pioneers in technological innovation with the ability to leverage the reach, experience and expertise of our parent company, Delivery Hero

  • Passionate and highly experienced management team with over 40 years of combined C-Suite management experience and proven execution capabilities

Im​portant Dates:

Price Range & Subscriptions Open

19 November 2024

Retail Subscriptions Close

27 November 2024

Announcement of Final Offer Price

29 November 2024

Allocation, SMS Confirmations & Commencement of Refunds

6 December 2024

Expected Listing on DFM

10 December 2024

For more information,

For more information on talabat, the IPO, the subscription criteria and process


https://ipo.talabat.com


ADIB IPO Call Centre:
+971 2 652 0878

Disclaimer:
This announcement has not been reviewed or approved by the SCA, or any regulator in the UAE or elsewhere, does not form part of the Prospectus, and should not be considered an offer of securities in any jurisdiction. Any decision to invest in the shares should be based solely on the information in the Prospectus.

Terms and conditions apply.

To reach us or to log a complaint, please click here.​