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
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
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 -%.