Parkin Company PJSC’s IPO distinguished itself through exceptional execution, well-calibrated valuation and outstanding post-listing performance – earning it the title of Middle East and North Africa’s best IPO. While other listings may have raised more capital, none matched Parkin’s combination of investor targeting, structural innovation and lasting market impact.
As Dubai’s exclusive paid parking operator, Parkin plays a critical role in the emirate’s smart mobility and urban infrastructure strategy. Its March 2024 listing underscored Dubai’s commitment to bringing essential city services to market under its government-backed IPO programme, following on from earlier deals such as road toll operator Salik and Dubai Taxi Company.
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