The Metro Brands IPO Subscription Status has started 10 December 2021 and it is also being subscribed by QIB and NII & RII. let you know that the Metro Brands IPO has opened on 10 December 2021 and closes on 14 December 2021. Which will be subscribed by 14 December 2021. The company wants to raise ₹1367.51 crore through this IPO. The IPO will have a fresh issue of ₹295.00 crore and an offer for sale of ₹1072.51 crore. The company fixed the price band of this IPO at ₹485 to ₹500 Per Share.
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 reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the Metro Brands IPO Subscription Status, you can see the below-day Subscription.
Metro Brands IPO Review :
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Metro Brands IPO Subscription Status {Live Update} :
The total Metro Brands IPO Subscription Status Live subscribed 3.64x times so far, with QIB subscribed 8.49x and NII subscribed 3.02x times & RII 1.13x times and EMP 0.0x times on Day 3. {Update Time 14 Dec 2021 05:00 Pm} (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.0x | 0.16x | 8.49x |
| NII : | 0.0x | 0.17x | 3.02x |
| RII : | 0.25x | 0.87x | 1.13x |
| EMP : | 0.0x | 0.0x | 0.0x |
| Total : | 0.13x | 0.52x | 3.64x |
Metro Brands IPO Date & Price Band & Details :
| IPO Open : | 10 December 2021 |
| IPO Close : | 14 December 2021 |
| IPO Size : | ₹1367.51. Cr |
| Face Value : | ₹5 Rs. Equity Share |
| Price Band : | ₹485–₹500 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹1367.51. Cr |
| Fresh Issue : | ₹295.00. Cr |
| Offer For Sale : | ₹1072.51. Cr |
Metro Brands IPO Market Lot :
Metro Brands IPO Minimum Market lot is 1 Lot with 30 shares with ₹15,000 Application amount. The retail investors can apply up to 13 lots with 390 Shares or ₹195,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 30 Shares |
| Minimum Amount : | ₹15,000 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 390 Shares |
| Maximum Amount : | ₹195,000 |
Metro Brands IPO Shares Offer :
A Total of 27,350,100 shares are to be bid for the public issue by Metro Brands IPO with 59,00,000 for Fresh issue and 21,450,100 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 59,00,000 | ₹295.00 Cr |
| Offer For Sale : | 21,450,100 | ₹1072.51 Cr |
| Total : | 27,350,100 | ₹1367.51 |
Metro Brands IPO Reservation :
Metro Brands IPO Total Reservation of 27,350,100 shares are to be bid for the public issue by Metro Brands IPO with 13,675,050 for QIB and 41,02,515 for NII 95,72,535 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 13,675,050 | ₹683.75 Cr |
| NII : | 15% | 41,02,515 | ₹205.13 Cr |
| RII : | 35% | 95,72,535 | ₹478.63 Cr |
| EMP : | – % | – | ₹– |
| Total : | 100% | 27,350,100 | ₹1367.51 Cr |
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 IPO Form :
There are two ways to apply in Metro Brands IPO. You can apply for Metro Brands IPO through ASBA available in your bank account. You have to go to your online bank login and select Metro Brands IPO in the Invest section and apply through your bank account. Another option is you can apply for Metro Brands IPO through IPO form download through NSE and BSE. See the Metro Brands IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
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 |
Metro Brands IPO Subscription Status FAQs :
How much was the Metro Brands IPO Subscription Status?
The total Metro Brands IPO Subscription Status 0.52x times Day 1.
What is the Metro Brands IPO retail subscription?
Metro Brands IPO Retail Subscription 0.87x times Day 1.
How much is the Metro Brands IPO QIB subscription?
The Metro Brands IPO QIB subscription 0.16x times Day 1.
How much did Metro Brands IPO NII subscribe?
Metro Brands IPO NII Subscription 0.17x times Day 1.
What is Metro Brands IPO Allotment Date?
Metro Brands IPO allotment date is 17 December 2021.
What is Metro Brands IPO Listing Date?
Metro Brands IPO listing date is 22 December 2021. The IPO to list on BSE and NSE.
How to Apply the Metro Brands IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Metro Brands IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Metro Brands IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Metro Brands IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Metro Brands IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Metro Brands IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Metro Brands IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Metro Brands IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Metro Brands IPO GMP: Click Here Metro Brands IPO Details: 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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