Metro Brands IPO Details


We are one of the largest Indian footwear speciality retailers, and are among the aspirational Indian brands in the footwear category. We opened our first store under the Metro brand in Mumbai in 1955, and have since evolved into a one-stop shop for all footwear needs, by retailing a wide range of branded products for the entire family including men, women, unisex and kids, and for every occasion including casual and formal events. As of March 31, 2021, our Company operated 586 Stores across 134 cities spread across 29 states and union territories in India.

Our Company has one subsidiary, being Metmill Footwear Private Limited and one joint venture, being M.V. Shoe Care Private Limited. We operate on an asset light model with third-party manufacturing through long-standing vendor relationships, optimum store size and layout, and long-term lease arrangements.



    Metro Brands IPO Date, Price & Offer Details

    Metro Brands IPO will be open on 10-12-2021 and will close on 14-12-2021. The following table provides all the information related to Metro Brands IPO including the date, price and offer details of Metro Brands IPO

    Metro Brands IPO Date, Price & Offer Details
    Issue Open 10-12-2021
    Issue Close 14-12-2021
    Allotment Date 17-12-2021
    Unblocked Amount 20-12-2021
    Credit Demat Amount 21-12-2021
    Listing Date 22-12-2021
    Issue Size
    - Total Equity Share
    - Fresh Issue Equity Share
    2,14,50,100 OFS Equity Share
    Issue Size ₹ 1367.51 Cr
    ₹ 295 Cr Fresh
    ₹ 1072.51 Cr OFS
    IPO Price Band ₹485 to ₹500 Per Equity Share
    Minimum Share Bid 30
    Minimum Investment Amount [₹]  ₹ 15,000
    Face Value ₹ 5 Per Equity Share
    Qualified Institutional Buyer [QIB] 50 %
    High Networth Individual [HNI] 15 %
    Retail Individual Investor [RII] 35 %
    Listing On BSE & NSE

    Metro Brands Company Financial Report (₹ in Cr)

    As per we are checking Metro Brands company financials report and we are displaying report data as shown in below table.

    Metro Brands IPO Financial Details (₹ in Cr)
    Financial Year Total Asset Total Revenue Total Expenses Profit After Tax
    FY-2019 1321.506 1236.895 1008.767 152.731
    FY-2020 1617.423 1311.068 1092.651 160.575
    FY-2021 1659.340 878.538 794.033 64.619
    Read More :- Metro Brands IPO GMP

    Metro Brands Company Valuation Details

    As per we check Metro Brands company financials report and we display company valuation report data as shown in below table

    Metro Brands IPO Valuation Details
    Earnings Per Share [EPS] ₹ 2.43
    Price/Earnings [P/E] Ratio 99.07
    Return on Net Worth [RoNW] 8.24 %
    Net Asset Value [NAV] ₹ 31.17 Per Share

    Metro Brands IPO Rating

    As per Metro Brands company financials report, Metro Brands has shown good growth for last FY21 year. Metro Brands company RoNW is 8.24 % and NAV is around 31.17 as per FY21 earning. Metro Brands company IPO looks aggressively priced. Metro Brands company fundamentals are very strong, that's why the LiveIPO team are recommended for "Apply" rating Metro Brands IPO.

    Metro Brands IPO Rating
    LiveIPO Apply
    Hem Security -
    Read More :- Metro Brands IPO Allotment Status

    Metro Brands IPO Share Lot Size

    The share price of Metro Brands IPO is ₹500. So in Metro Brands IPO Minimum share lot is 1 lot with a 33 share with an application amount of ₹15,000. And in retail category you can apply for a Maximum share lot is 13 lot with a 390 share with an application amount of ₹1,95,000.

    Metro Brands IPO Share Lot Size
    Apllication Lot Size Shares Total Amount
    Minimum 1 30 ₹15,000
    Maximum 13 390 ₹1,95,000
    Read More :- Investment Call

    Metro Brands IPO Share Offer

    A total number of - shares have been offered in this public issue of Metro Brands Ipo, out of this total share - shares have been allotted for Fresh Issue and another - shares are to be offered for (OFS) offer for sale.

    Metro Brands IPO Share Offer
    Category Share Offer Amount
    Fresh Issue: - ₹295 Cr
    Offer For Sale: 2,14,50,100 ₹1072.51 Cr
    Total: - 1367.51 Cr
    Read More :- Upcoming IPO List

    Metro Brands IPO Related Link
    Metro Brands IPO GMP
    Metro Brands IPO Subscription
    Metro Brands IPO Allotment Status

    Metro Brands IPO Subscription Details

    Metro Brands Company has been issued total - shares through this IPO, a total - shares have been reserved for market movers for subscriptions as per the prospect report, and a total of - shares have been offered in QIB category and a total of - shares have been offered in RII.

    Metro Brands IPO Subscription Details
    As on Date QIB NII RII Total
    Shared Offered 54,70,000 41,02,515 95,72,535 1,91,45,070
    Day-1
    [10/12/2021]
    0
    [0]
    92,130
    [0.02]
    50,14,200
    [0.52]
    51,06,330
    [0.27]
    Day-2
    [13/12/2021]
    8,68,800
    [0.16]
    7,17,690
    [0.17]
    83,62,830
    [0.87]
    99,49,320
    [0.52]
    Day-3
    [14/12/2021]
    4,64,44,800
    [8.49]
    1,23,84,780
    [3.02]
    1,07,82,900
    [1.13]
    6,96,12,480
    [3.64]

    Metro Brands IPO Listing Details

    Metro Brands IPO has been listed on 22/12/2021. On the below table we are providing all the listing details with target price and stop loss.

    Metro Brands IPO Listing Details
    Listing Date 22/12/2021
    BSE Code 543426
    NSE Code METROBRAND
    ISIN Code INE317I01021
    IPO Price ₹ 500
    Lot Size 30
    Expected Listing Price ₹ 480 - ₹ 520
    Book Profit ₹ 585
    Stop Loss ₹ 465
    Listing Group B
    - -

    Metro Brands IPO GMP, Grey Market Premium

    In the below table we are providing the latest rate of Metro Brands IPO GMP, Kostak Rate, Subject to Sauda, Listing Gain and Rating of this Metro Brands IPO.

    Metro Brands IPO Grey Market Premium
    Metro Brands IPO Grey Market Premium

    Metro Brands IPO Allotment Status

    Metro Brands IPO Allotment will be available on below link so click on below link and check your Metro Brands IPO Allotment Status.

    Metro Brands IPO Allotment Status
    Metro Brands IPO Allotment Status
      Metro Brands IPO Live Subscription
    Metro Brands IPO Subscription in BSE
    Metro Brands IPO Subscription in NSE
    Metro Brands IPO Prospectus
    Metro Brands IPO DRHP
    Metro Brands IPO RHP

    Metro Brands Company Contact Details

    Metro Brands Limited
    401, Zillion, 4th Floor,
    LBS Marg & CST Road Junction,
    Kurla (West),
    Mumbai- 400 070,
    Maharashtra,
    India
    Tel: + (91) 22 2654 7700
    Corporate Identity Number: U19200MH1977PLC019449.

    Metro Brands IPO Registrar

    Link Intime India Private Limited
    C-101, 1st Floor, 247 Park,
    L.B.S. Marg, Vikhroli (West),
    Mumbai 400 083, Maharashtra, India
    Telephone: +91 22 4918 6200
    Investor grievance E-mail: metrobrands.ipo@linkintime.co.in
    Contact Person: Shanti Gopalkrishnan
    SEBI Registration No.: INR000004058

    Metro Brands IPO Lead Managers

    Axis Capital Limited
    Ambit Private Limited
    DAM Capital Advisors Limited
    Equirus Capital Private Limited
    ICICI Securities Limited
    Motilal Oswal Investment Advisors Limited

    Metro Brands IPO FAQs

    What is the Metro Brands IPO?
    Metro Brands IPO is the Main Board IPO of - equity shares of the face value of ₹5 aggregating up to ₹1367.51 Crores. The issue is priced at ₹488 to ₹500 per equity share. The minimum order quantity is 15 Shares.

    Who is the registrar company of Metro Brands IPO?
    Link-Intime India Private Ltd is the registrar company of Metro Brands IPO.

    When is the Metro Brands IPO Opening date?
    The Metro Brands IPO Opening on 10-12-2021

    When is the Metro Brands IPO Closing date?
    The Metro Brands IPO Closing on 14-12-2021

    When is the Metro Brands IPO allotment date?
    The Metro Brands IPO Allotment will be done on 17-12-2021

    Metro Brands IPO Allotment Status

    On what date will the Metro Brands IPO amount be refunded?
    Metro Brands IPO will refund the amount on 20-12-2021

    On which date Metro Brands IPO Shares will be credited to the demat account?
    The Metro Brands IPO Shares will be credited to your demat account on 21-12-2021.

    When is the Metro Brands IPO listing date?
    The Metro Brands IPO listing date is on 22-12-2021.

    What is the Metro Brands IPO Price Band?
    Metro Brands IPO Price Band is ₹- to ₹-  per equity share.

    What is the lot size of the Metro Brands IPO?
    Metro Brands IPO the minimum bid is - Shares with ₹- amount and maximum bid is - shares with ₹-.

    What is the expected Metro Brands IPO Listing Price?
    As Per Grey Market Premium (GMP) and Market view we are expected to listing Metro Brands IPO is around ₹ 480 to ₹ 520

    What is the Metro Brands IPO Expected Returns?
    As per Grey Market Premium (GMP), Metro Brands IPO Expected Returns is -% .

    What is the NSE and BSE Code for the Metro Brands IPO?
    The Metro Brands IPO NSE Code is METROBRAND and the BSE Code is 543426.

    What is the stop loss in the Metro Brands IPO?
    If the Metro Brands IPO goes below 585 then sell the Metro Brands IPO.

    What will i do in Metro Brands IPO?
    If the Metro Brands IPO listing above 465 then sell the Metro Brands IPO and book profit.

    How to check Metro Brands IPO Allotment Status?
    Below we are provide all the step how to check Metro Brands IPO allotment online

    • Go to the Metro Brands IPO Allotment Status Link
    • Click on Click Here button
    • Select Metro Brands IPO
    • Enter your details (PAN Number, Application Number, DP Client ID)
    • Click Search Button
    • After Click on Search button you will be able to see allotment status
    • How to Apply the Metro Brands IPO?
    • You can apply for theMetro Brands IPO using ASBA online through your internet banking.
    • You can also apply for the Metro Brands IPO via your stock brokers’ office by filling up the offline application form and submitting  it to your Bank.

    Disclaimer:-

    • I request all investors, before applying for any IPO, please check the fundamentals and financial condition of the company and then applying to any IPO.
    • www.liveipo.in will not be responsible for any kind of losses. So apply to any IPO at your risk.
    • We are not buying or selling any IPO forms regarding IPO Grey Market premium. We are only provide only recommendation of any IPO.
    • Please do not subscribe to any IPO by just seeing the Grey Market Premium Price. It can change at any time.

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