Metro Brands IPO will be open from 15 November 2021 to 17 November 2021. Metro Brands IPO GMP Kostak rate and Subject to Sauda updated as of Today. Metro Brands IPO Grey Market Premium has been Started with High Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.
Metro Brands 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.
Metro Brands IPO Issue size of ₹1367.51 Crores, in which Fresh Issue of ₹295.00 Crores and Offer For Sale of ₹1072.51 Crores and issue price band has been fixed at ₹485-₹500 Per Share. The Metro Brands IPO to be listed Soon on NSE and BSE.
What is Metro Brands IPO GMP Today?
■ The Metro Brands IPO GMP Today Or Grey Market Premium is ₹Discount.
What is Metro Brands IPO Kostak Rates Today?
■ The Metro Brands IPO Kostak rate is ₹0.
What is Metro Brands IPO Subject to Sauda Price Today?
■ The Metro Brands IPO Subject to Sauda rates is ₹0.
Metro Brands IPO Approximately Returns?
■ The Metro Brands IPO’s approximate return is 5%-10%. And it can also change according to the Market Sentiment.
Metro Brands IPO GMP Live, Kostak,& Subject to Sauda :
| Date | GMP | Kostak | Subject |
| 22 Dec 2021 | List – ₹437.00 | ₹0 | ₹0 |
| 21 Dec 2021 | Discount | ₹0 | ₹0 |
| 20 Dec 2021 | Discount | ₹0 | ₹0 |
| 19 Dec 2021 | Discount | ₹0 | ₹0 |
| 18 Dec 2021 | Discount | ₹0 | ₹0 |
| 17 Dec 2021 | ₹30-₹35 | ₹0 | ₹0 |
| 16 Dec 2021 | ₹30-₹35 | ₹0 | ₹0 |
| 15 Dec 2021 | ₹30-₹35 | ₹0 | ₹0 |
| 14 Dec 2021 | ₹30-₹35 | ₹0 | ₹0 |
| 13 Dec 2021 | ₹30-₹35 | ₹0 | ₹0 |
| 12 Dec 2021 | ₹25-₹30 | ₹0 | ₹0 |
| 11 Dec 2021 | ₹25-₹30 | ₹0 | ₹0 |
| 10 Dec 2021 | ₹70-₹75 | ₹150 | ₹0 |
| 09 Dec 2021 | ₹70-₹75 | ₹150 | ₹0 |
| 08 Dec 2021 | ₹70-₹75 | ₹150 | ₹0 |
| 07 Dec 2021 | ₹0-₹0 | ₹0 | ₹0 |
| 06 Dec 2021 | ₹0-₹0 | ₹0 | ₹0 |
| 05 Dec 2021 | ₹0-₹0 | ₹0 | ₹0 |
Metro Brands IPO Date & Price Band & Details :
| IPO Open : | 10 December 2021 |
| IPO Close : | 14 December 2021 |
| IPO Size : | ₹-. Cr |
| Face Value : | ₹5 Rs. Equity Share |
| Price Band : | ₹–₹ Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹. Cr |
| Fresh Issue : | ₹. Cr |
| Offer For Sale : | ₹. Cr |
Metro Brands IPO GMP :
| Check Out Now : | Metro Brands IPO GMP |
Metro Brands IPO Market Lot :
Metro Brands IPO Minimum Market lot is – Lot with – shares with ₹- Application amount. The retail investors can apply up to – lots with – Shares or ₹- amounts.
| Minimum Lot Size : | – Lot |
| Minimum Share : | – Shares |
| Minimum Amount : | ₹- |
| Maximum Lot Size : | – Lot |
| Maximum shares : | – Shares |
| Maximum Amount : | ₹- |
Metro Brands IPO Shares Offer :
A Total of – shares are to be bid for the public issue by Metro Brands IPO with – for Fresh issue and – for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | – | ₹– |
| Offer For Sale : | 21,450,100 | ₹– |
| Total : | – | ₹– |
Metro Brands IPO Reservation :
Metro Brands IPO Total Reservation of – shares are to be bid for the public issue by Metro Brands IPO with – for QIB and – for NII – For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | – | ₹– |
| NII : | 15% | – | ₹– |
| RII : | 35% | – | ₹– |
| EMP : | – % | – | ₹– |
| Total : | 100% | – | ₹– |
Metro Brands IPO EPS :
The Metro Brands company’s EPS growth is an Increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2021-6M | ₹1.62 |
| 2021 | ₹2.43 |
| 2020 | ₹6.05 |
| 2019 | ₹5.75 |
Metro Brands IPO Peer Comparison PE :
The Metro Brands, According to DRHP of the company only two company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Bata India Limited | N/A |
| 2. | Relaxo Footwears Limited | 118.81 |
Metro Brands IPO Dates :
Metro Brands IPO Date is 10 December 2021 and close on 14 December 2021. The allotment will be finalized on 17 December 2021 and the IPO may list on 22 December 2021.
| Open Date : | 10 December 2021 |
| Close Date : | 14 December 2021 |
| Allotment Date : | 17 December 2021 |
| Refund Date : | 20 December 2021 |
| Share Credit Date : | 21 December 2021 |
| Listing Date : | 22 December 2021 |
Metro Brands Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 2021-3M | ₹4,892.68 | ₹4,332.82 | ₹438.17 |
| 2021 | ₹8,785.38 | ₹7,940.33 | ₹664.65 |
| 2020 | ₹13,110.68 | ₹10,926.51 | ₹1,612.16 |
| 2019 | ₹12,368.95 | ₹10,087.67 | ₹1,519.08 |
About Metro Brands Company
We are one of the largest Indian footwear speciality retailers, and are among the aspirational Indian brands in the footwear category (Source: CRISIL Report). 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 September 30, 2021, our Company operated 598 Stores (as defined below) across 136 cities spread across 30 states and union territories in India.
We target the economy, mid and premium segments in the footwear market, which together are expected to grow at a higher rate compared to the total footwear industry between Fiscal 2020 and 2025. These segments have a higher presence of organised players and their growth in the overall footwear industry is expected to accelerate growth of the organized segment in the footwear industry (Source: CRISIL Report).
| Read also: All Upcoming IPO Grey Market Premium 2021 |
Our Company had the third highest number of exclusive retail outlets in India, in Fiscal 2021 (Source: CRISIL Report). In Fiscal 2019, 2020, and 2021 and in the six months ended September 30, 2020 and September 30, 2021, we recorded an EBITDA Margin of 27.72%, 27.51%, 21.36%, (7.57)% and 24.43%, respectively (on a consolidated basis).
Our retail operations are carried out through our stores and distributors as well as through online channels. We primarily follow the “company owned and company operated” (“COCO”) model of retailing through our own Multi Brand Outlets (“MBOs”) and Exclusive Brand Outlets (“EBOs”), to better manage customer experience at our stores. We operate Metro, Mochi and Walkway branded MBOs and Crocs™ branded EBOs. Our Company and our Subsidiary Metmill also operate shop-in-shops (“SIS”) in major departmental stores across India.
Metro Brands IPO GMP FAQs :
How much is Metro Brands IPO GMP Today?
Metro Brands IPO GMP Today is ₹0-₹0.
How much is Metro Brands IPO Grey Market Premium?
Metro Brands IPO is Grey Market Premium ₹0-₹0.
What is Metro Brands IPO Kostak Rate?
Metro Brands IPO Kostak Rate is ₹0.
What is Metro Brands IPO Subject to Sauda?
Metro Brands IPO Subject to Deals is ₹0.
What are Metro Brands IPO Approx Returns?
Metro Brands IPO approx Returns is %-%. And it can also change according to the Market Sentiment.
| Metro Brands IPO Details: Click Here Metro Brands IPO Subscription: Click Here Metro Brands IPO Allotment: Click Here Metro Brands IPO Listing: Click Here |
All Metro Brands IPO-related links are available here. If you want to know the details then click on Click Here Link.
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