Metro Brands IPO GMP, Grey Market Premium & Kostak Rates Today

Metro Brands IPO GMP, Grey Market Premium & Kostak Rates Today:- Here we provided Metro Brands Wealth IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Stay tuned for the latest IPO GMP numbers of Metro Brands IPO.

Metro Brands IPO is to hit the market on December 10, 2021, and to close on December 14, 2021. Metro Brands IPO to raise around Rs – crores via IPO that comprises fresh issue of Rs 295 crores and offer for sale up to 21,450,100 equity shares of Rs 5 each. The retail quota is 35% while QIB is 50% and HNI is 15%.

Metro Brands are 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. HP Adhesives IPO

 

Metro Brands IPO GMP, Grey Market Premium & Kostak Rates Today

 

What is Metro Brands IPO GMP Today?

The Metro Brands IPO GMP aka grey market premium is Rs 35.

 

What is Metro Brands IPO Kostak Rates Today?

The Metro Brands IPO kostak rate is Rs-.

 

What is Metro Brands IPO Subject to Sauda Price Today?

The Metro Brands IPO subject to sauda rates is Rs-.

 

Metro Brands IPO Expected Returns?

Metro Brands expected return is 7%.

 

Metro Brands IPO GMP Live Rates day by day with Kotak rates.

Metro Brands IPO GMP Or Grey Market Premium Available Here.

Date GMP
Kostak Subject to
18 December Rs 35 Rs- Rs-
17 December Rs 35 Rs- Rs-
16 December Rs 35 Rs- Rs-
15 December Rs 35 Rs- Rs-
14 December Rs 25 Rs- Rs-
13 December Rs 25 Rs- Rs-
12 December Rs 30 Rs- Rs-
11 December Rs 30 Rs- Rs-
10 December Rs 80 Rs- Rs-
09 December Rs 70 Rs- Rs-
08 December Rs 70 Rs 200 ₹-

 

Metro Brands IPO Date & Price Band

 IPO Open:   10 December 2021
 IPO Close:   14 December 2021
 IPO Size:   Approx Rs- crore
 Fresh Issue:  Approx Rs 295 Crores
 Offer for Sale:  Approx 21,450,100 Equity Shares
 Face Value:  Rs 5 Per Equity Share
 Price Band:  Rs- to Rs- Per Share
 Listing on:  BSE & NSE
 Retail Quota:  35%
 QIB Quota:  50%
 NII Quota:  15%
 DRHP Draft Prospectus:  Click Here
 RHP Draft Prospectus:  Click Here

 

Metro Brands IPO Market Lot

 Minimum Lot Size: Minimum- Shares for 1 lot
 Minimum Amount: Rs- for 1 lot
 Maximum Lot Size: Maximum- Shares Shares for 13 lot
 Maximum Amount: Rs- for 13 lot

 

Metro Brands IPO Reservation :

Category Reservation Shares Amount
QIB : 50% N/A N/A
NII : 15% N/A N/A
RII : 35% N/A N/A
EMP : N/A% N/A N/A
Total : 100 % N/A N/A

 

Metro Brands IPO Dates, Allotment & Listing :

Metro Brands IPO Date is 10 December 2021. The allotment date is December 2021 and the IPO may list in 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 Financial Report:

Year Revenue Expense  PAT
2021 Rs 878.5 Crores Rs 794 Crores Rs 64.6 Crores
2020 Rs 1311 Crores Rs 1092.6 Crores Rs 160.5 Crores
2019 Rs 1236.8 Crores Rs 1008.7 Crores Rs 152.7 Crores

 

Promoters

  • Rafique A. Malik
  • Farah Malik Bhanji
  • Alisha Rafique Malik
  • Rafique Malik Family Trust
  • Aziza Malik Family Trust

Metro Brands IPO Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park,
Lal Bahadur Shastri Marg,
Vikhroli (West),
Mumbai 400 083, Maharashtra, India
Telephone: +91 22 4918 6000
Website: www.linkintime.co.in
Investor grievance e-mail: [email protected]
Contact person: Ms. Shanti Gopalkrishnan
SEBI Registration No.: INR000004058

 

Metro Brands IPO Lead Managers

  • Axis Capital Limited
  • Ambit Private Limited
  • DAM Capital Advisors Limited
  • Equirus Capital Private Limited
  • ICICI Securities Limited
  • Motilal Oswal Investment Advisors Limited

 

Company Address

Metro Brands Limited
401, Zillion, 4th Floor,
LBS Marg & CST Road Junction, Kurla (West),
Mumbai- 400 070, Maharashtra, India
Phone: + (91) 22 2654 7700
Website: https://metrobrands.com/

 

About Metro Brands

We are one of the largest Indian footwear speciality retailers and are among the aspirational Indian brands in the footwear category (Source: CRISIL Report). 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 (as defined below) across 134 cities spread across 29 states and union territories in India. We target the economy, mid and premium segments in the footwear market, which together are expected to grow at a higher rate compared to the total footwear industry between Fiscal 2020 and 2025. These segments have a higher presence of organised players and their growth in the overall footwear industry is expected to accelerate the growth of the organized segment in the footwear industry (Source: CRISIL Report). Our Company had the third-highest number of exclusive retail outlets in India, in Fiscal 2021 (Source: CRISIL Report).

We retail footwear under our own brands of Metro, Mochi, Walkway, Da Vinchi and J. Fontini, as well as certain third-party brands such as Crocs, Skechers, Clarks, Florsheim, and Fitflop, which complement our in-house brands.

 

Metro Brands IPO GMP aka Grey Market Premium FAQs:

 

What is Metro Brands IPO GMP Today?
Metro Brands IPO GMP is Rs- as of today.

 

What is Metro Brands IPO Kostak Rate Today?
Metro Brands IPO Kostak Rate is Rs- as of today.

 

What is Metro Brands IPO Subject to Sauda Today?
Metro Brands IPO Subject to Sauda is Rs- as of today.

 

What is Metro Brands IPO Expected Returns?
Metro Brands IPO Expected Returns is -%.

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