Metro Brands raised ₹410 crores from 28 Anchor Investors ahead of IPO

The Metro brands raised ₹ 410 crores from anchor investors on December 09, 2021 Thursday before the IPO. Metro brands IPO to open on December 10, Friday. The company allotted total of 82,05,030 equity shares to 28 Anchor investors at a upper price band ₹ 500. The anchor investors list includes 8 Mutual Funds through a total of 11 schemes. The company is going to raise ₹ 1,072.51 crores via IPO.