Metro Brands IPO Allotment Date and Status: Metro Brands IPO allotment is to be available on the Linkintime website. Please check the IPO allotment status on the Linkintime registrar as on the allotment date.
Metro Brands IPO Allotment is finalized on December 17, 2021 but it might available on December 18, 2021. The refund will be initiated on December 20 and the shares will be credited to the Demat account on December 21. IPO may list on December 22. The Metro Brands IPO subscribed a total of 3.64 times in which was 8.49 times in QIB, 3.02 times in NII, and 1.13 times in retail. The IPO investors can check their Metro Brands IPO allotment status online on BSE Website, Linkintime website or they can check it via their bank account and Demat login as well. Check out here step to step guide from where you can check Metro Brands IPO allotment status online or offline.
Based on the retail subscription the basis of allotment will be around 2:1 (Approx).
Metro Brands Industries IPO Allotment Links
| Check Allotment on Link Intime | Click Here |
| Check Allotment on BSE India | Click Here |
#Step 1: How to check Metro Brands IPO Allotment at Linkintime?
- Log on to Linkintime IPO allotment link – Linkintime.com/ipostatus/
- Select IPO Name ‘Metro Brands’ from drop-down menu bar
- Select Option from PAN Number, Application Number, or DP ID Option
- As per selection add PAN Number, Application Number, or Demat Account Number
- Click on the ‘Search’ Button
- You will be able to see your Metro Brands IPO Allotment on the screen (mobile/desktop).
Check the Allotment on Linkintime
#Step 2: How to check Metro Brands IPO Allotment at BSE?
- Log on to BSE Website – bseindia.com/investors/appli_check.aspx
- Select box ‘Equity’ in the issue type
- Select IPO Name ‘Metro Brands’
- Type Your Application Number & PAN Number
- Click on the ‘Search’ Button
- You will be able to see your Metro Brands IPO Allotment on the screen (mobile/desktop).
#Step 3: How to check Metro Brands IPO Allotment in Demant Account?
- Call Your Broker or Login to Your Demat Account / Trading Account
- Check the stock is credited to your account or not
- If you got the allotment the credited shares will appear in the Demat account
#Step 4: How to check Metro Brands IPO Allotment in Bank Account?
- Login to your Bank Account from which you applied the Metro Brands IPO
- Check the Balance Tab
- If you got the allotment the Amount will be debited
- If you did not get the allotment the Amount will be released
- If you got the allotment you got SMS “Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on Date. Info: IPOName. The Available Balance is INR 000000.”
Metro Brands IPO Date, Time Table, Allotment & Listing
| Price Band Announcement: | 06 December 2021 |
| Anchor Investors Allotment: | 09 December 2021 |
| IPO Open Date: | 10 December 2021 |
| IPO Close Date: | 14 December 2021 |
| Basis of Allotment: | 17 December 2021 |
| Refunds: | 20 December 2021 |
| Credit to Demat Account: | 21 December 2021 |
| IPO Listing Date: | 22 December 2021 |
Metro Brands IPO Details
Maharashtra-based Metro Brands is one of Indian’s best footwear specialty retailers, India. They are making footwear as per customer’s needs for men, women, unisex and kids, and different occasions. They sold under the brands include Metro, Mochi, Walkway, Da Vinchi, and J. Fontini, Crocs, Skechers, Clarks, Florsheim, and Fitflop. Metro Brands IPO opened on December 10, 2021, and closed on December 13, 2021. The price band is fixed at ₹485 to ₹500. The face value of the stock is ₹5. The company is doing a profit for the last 2 years.
