- Backed by Rakesh Jhunjhunwala.
- One of the largest and well-known footwear brands in India.
- The company reported a profit of 65 crores in 2021 against 161 crores in 2020.
- The company reported revenues of 879 crores in 2021 against 1311 crores in 2020.
- The company is planning to open new brand stores of Metro, Mochi, Walkway, and Crocs.
- Offering a wide range of products and presence in India and International as well.
- The company has a strong presence with an experience management team.
- Company’s Brands: Metro, Mochi, Walkway, Da Vinchi, and J. Fontini, as well as certain third-party brands such as Crocs, Skechers, Clarks, Florsheim, and Fitflop
Metro Brands IPO Review
- May Apply
Brokerage Firm IPO Reviews
- Axis Capital: Neutral
- Canara Bank: Subscribe
- Choice Broking: Subscribe for Long Term
- GEPL Capital: Subscribe
- Hem Securities: Subscribe
Metro Brands IPO Date & Price Band
|IPO Open:|| 10 December 2021|
|IPO Close:|| 14 December 2021|
|IPO Size:||Approx ₹1367 Crores|
|Fresh Issue:|| Approx ₹295 Crores|
|Offer for Sale:||21,450,100 Equity Shares|
|Face Value:||₹5 Per Equity Share|
|Price Band:||₹485 to ₹500 Per Share|
|Listing on:||BSE & NSE|
|DRHP Draft Prospectus:|| Click Here|
|RHP Draft Prospectus:|| Click Here|
Metro Brands IPO Market Lot
|Minimum Lot Size:||Minimum 30 Shares for 1 lot|
|Minimum Amount:||₹15,000 for 1 lot|
|Maximum Lot Size:||Maximum 390 Shares for 13 lot|
|Maximum Amount:||₹195,000 for 13 lot|
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 Form
How to apply the Metro Brands IPO? You can apply Metro Brands IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Metro Brands IPO in the Invest section. The other option you can apply Metro Brands IPO via IPO forms download via NSE and BSE. Check out the Metro Brands forms – click NSE Forms & BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Metro Brands Company Financial Report
|₹ in Crores|
- Rafique A. Malik
- Farah Malik Bhanji
- Alisha Rafique Malik
- Rafique Malik Family Trust
- Aziza Malik Family Trust
Metro Brands IPO Registrar
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
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Note: The Metro Brands IPO final details are officially announced. The IPO grey market premium (Metro Brands IPO Premium) is updated on their particular page. You can check our IPO grey market page for daily updates.)