Metro Brands IPO Date, Review, Price, Form & Market Lot Details

Metro Brands is established in 1955 by Rafique A. Malik, Farah Malik Bhanji, Alisha Rafique Malik, Rafique Malik Family Trust And Aziza Malik Family Trust are the promoters of the company.

Metro Brands IPO: Metro Brands Limited is one of India’s top specialist footwear shops. Customers’ footwear demands are met by the company’s large assortment of branded items for men, women, unisex, and children, as well as a variety of events. The company focuses on the mid and premium segments of the footwear market, which have more organised competitors and are growing faster than the entire industry. Metro, Mochi, Walkway, Da Vinchi, and J. Fontini are some of the company’s well-known brands, as well several third-party brands like Crocs, Skechers, Clarks, Florsheim, and Fitflop.

Accessories such as belts, backpacks, socks, masks, and wallets are also available in Metro Brands locations. M.V. Shoe Care Private Limited, a joint venture, also sells footcare and shoe-care items in the company’s stores. To run their stores, the company uses the “company-owned and company operated” (COCO) style of retailing, with their own Multi Brand Outlets (MBOs) and Exclusive Brand Outlets (EBOs).

As of September 30, 2021, the company operated 598 Stores across 136 cities spread across 30 states and union territories in India. The company has been supported by Mr. Rakesh Jhunjhunwala as an investor since 2007.

Metro Brands IPO Details
IPO Opening Dates 10-December-2021
IPO Closing Dates 14-December-2021
Price Band 485-500 Rs
Offer For Sale 1,072.51 Crore
Fresh issue 295 Crore
Total IPO size 1,367.51 Crore
Minimum bid (lot size) 30 Shares
Face Value 5 Rs Per Share
Retail Allocation 35%
Listing On NSE, BSE
Metro Brands IPO Market Lot
Lot No of Shares Amount
Minimum 1 30 15,000 Rs
Maximum 13 360 1,95,000 Rs

Financial Record of the last year (In Millions)

Financial Period : 30-Sep-2021 (Restated Consolidated)
Total Assets : 17,396.06
Total Revenue : 4,892.68
Profit After Tax : 430.74
Basic Earnings Per Share (EPS) FY2021 : 2.43 INR

Metro Brands IPO GMP & Grey Market Premium

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Metro Brands IPO Subscription Status

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Metro Brands IPO DRHP

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Metro Brands IPO Reviews

Prabhudas Lilladher
Angel One
ICICI Direct

Metro Brands IPO Allotment Date & Details

Allotment Date 17-December-2021
Initiation of refunds 20-December-2021
Transfer of shares to Demat accounts 21-December-2021
Listing Date 22-December-2021
Check Allotment Status Click here

Registrar of Metro Brands IPO

Link Intime India Private Ltd
C-101, 1stFloor,
247 ParkLal Bahadur Shastri MargVikhroli
(West)Mumbai 400 083,Maharashtra, India
Telephone: +91 22 4918 6000
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Contact person: Ms. Shanti Gopalkrishnan
SEBI Registration No.: INR000004058

Metro Brands Contact Details

Metro Brands Limited
401, Zillion, 4th Floor,
LBS Marg & CST Road Junction, Kurla (West),
Mumbai- 400 070, Maharashtra, India
Phone: + (91) 22 2654 7700
Email: [email protected]

Metro Brands IPO Lead Managers

Ambit Private Limited
Axis Capital Limited
DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
Equirus Capital Private Limited
ICICI Securities Limited
Motilal Oswal Investment Advisors Pvt Ltd

Metro Brands IPO FAQ Question

  • When is Metro Brands IPO Listing Date?

Metro Brands IPO listing date is 22-Dec-2021.

  • When Metro Brands IPO allotment?

Metro Brands IPO Allotment date is 17-Dec-2021.

  • What is Metro Brands IPO GMP ( Grey market premium) ?

Check latest IPO GMP

  • What is the lot size of Metro Brands IPO?

30 Shares Minimum.

  • How to apply in Metro Brands IPO through Zerodha?

1) Log in to Console on the Zerodha website.
2) Navigate to Portfolio and choose the IPOs link.
3) Click the ‘Bid’ button in the ‘Metro Brands IPO’ row.
4) Fill in your UPI ID, Quantity, and Price.
5) Fill out the IPO application form and click the “ Submit ” button.
6) To approve the mandate, go to the UPI App (net banking or BHIM).

  • How to check Metro Brands IPO Allotment?

User can check Metro Brands IPO Allotment on website.

  • How to check Metro Brands IPO Subscription Status?

User can check Metro Brands IPO Subscription Status on our website.

  • What is the Price band of Metro Brands IPO?

485-500 Rs.

  • What is the Issue Size of Metro Brands IPO?

1,367.51 Crore

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