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

Written by on December 4, 2021

Metro Manufacturers IPO is to hit the market on December 10, 2021 and to shut on December 14, 2021. Metro Manufacturers IPO to boost round ₹- crores by way of IPO that includes contemporary challenge of ₹295 crores and supply on the market as much as 21,450,100 fairness shares of ₹5 every. The retail quota is 35% whereas QIB is 50% and HNI is 15%.

Metro Manufacturers Restricted is without doubt one of the largest Indian footwear specialty retailers and is among the many aspirational Indian manufacturers within the footwear class. The corporate is established in 1995 with having huge expertise within the footwear trade. The corporate presents a branded product vary for males, ladies, youngsters, and unisex for each event. Metro Manufacturers is a one-stop store for all footwear wants and retailing a variety of merchandise. The corporate operated 586 Shops throughout 134 cities unfold throughout 29 states and union territories in India as per 2021 knowledge. Metmill Footwear Non-public Restricted is the corporate’s subsidiary whereas one three way partnership, being M.V. Shoe Care Non-public Restricted as nicely. The corporate has an offline and on-line presence as they’re promoting their merchandise by way of 7 main e-commerce marketplaces. The corporate presents footwear in addition to equipment like belts, baggage, socks, masks, and wallets. Take a look at Metro Manufacturers IPO particulars.

 

Necessary Particulars:

  • One of many largest and well-known footwear manufacturers in India.
  • The corporate reported a revenue of 65 crores in 2021 in opposition to 161 crores in 2020.
  • The corporate reported revenues of 879 crores in 2021 in opposition to 1311 crores in 2020.
  • The corporate is planning to open new model shops of Metro, Mochi, Walkway, and Crocs.
  • Providing a variety of merchandise and presence in India and Worldwide as nicely.
  • The corporate has a robust presence with an expertise administration staff.
  • Firm’s Manufacturers: Metro, Mochi, Walkway, Da Vinchi, and J. Fontini, in addition to sure third-party manufacturers equivalent to Crocs, Skechers, Clarks, Florsheim, and Fitflop

Metro Manufacturers IPO Evaluate

Brokerage Agency IPO Critiques

  • ICICI Securities: To be up to date quickly
  • Motilal Oswal: To be up to date quickly
  • Capital Market: To be up to date quickly
  • Ventura Securities Restricted: To be up to date quickly
  • KR Choksey: To be up to date quickly
  • GEPL Capital Ltd: To be up to date quickly

Metro Manufacturers IPO Date & Value Band

 IPO Open:  10 December 2021
 IPO Shut:  14 December 2021
 IPO Measurement:  Approx ₹- Crores
 Recent Difficulty:  Approx ₹295 Crores
 Supply for Sale:  21,450,100 Fairness Shares
 Face Worth:  ₹5 Per Fairness Share
 Value Band:  ₹- to ₹- Per Share
 Itemizing on:  BSE & NSE
 Retail Quota:  35%
 QIB Quota:  50%
 NII Quota:  15%
 Low cost:  N/A
 DRHP Draft Prospectus:  Click Here
 RHP Draft Prospectus:  Click on Right here

Metro Manufacturers IPO Market Lot

The Metro Manufacturers IPO minimal market lot is – shares with ₹- software quantity. The retail traders can apply up-to 13 tons, -shares with ₹- software quantity.

 Minimal Lot Measurement:  Minimal – Shares for 1 lot
 Minimal Quantity:  ₹- for 1 lot
 Most Lot Measurement:  Most – Shares for – lot
 Most Quantity:  ₹- for – lot

Metro Manufacturers IPO Date, Time Desk, Allotment & Itemizing

The Metro Manufacturers IPO date is 10 December 2021 and the IPO shut date is 14  December 2021. The allotment date is 15 December 2021 and the IPO might checklist on 20 December 2021.

 Value Band Announcement:  06 December 2021
 Anchor Traders Allotment:  09 December 2021
 IPO Open Date:  10 December 2021
 IPO Shut Date:  14 December 2021
 Foundation of Allotment:  17 December 2021
 Refunds:  20 December 2021
 Credit score to Demat Account:  21 December 2021
 IPO Itemizing Date:  22 December 2021

Metro Manufacturers IPO Type

The best way to apply the Metro Manufacturers IPO? You may apply Metro Manufacturers IPO by way of ASBA out there in your checking account. Simply go to the net financial institution login and apply by way of your checking account by deciding on the Metro Manufacturers IPO within the Make investments part. The opposite possibility you may apply Metro Manufacturers IPO by way of IPO kinds obtain by way of NSE and BSE. Take a look at the Metro Manufacturers kinds – click on NSE Forms & BSE Forms clean IPO kinds obtain, fill, and submit in your financial institution or along with your dealer.

Metro Manufacturers Firm Monetary Report

  ₹ in Crores
Revenue Expense PAT
2019 ₹1237 ₹1009 153
2020 ₹1311 ₹1093 161
2021
₹8785 ₹794 65

Firm Promoters

  • Rafique A. Malik
  • Farah Malik Bhanji
  • Alisha Rafique Malik
  • Rafique Malik Household Belief
  • Aziza Malik Household Belief

Metro Manufacturers IPO Registrar

Hyperlink Intime India Non-public Restricted

C-101, 1st Flooring, 247 Park,

Lal Bahadur Shastri Marg,

Vikhroli (West),

Mumbai 400 083, Maharashtra, India

Phone: +91 22 4918 6000

E-mail: [email protected]

Web site: www.linkintime.co.in

Investor grievance e-mail: [email protected]

Contact individual: Ms. Shanti Gopalkrishnan

SEBI Registration No.: INR000004058

Word: Verify Tega Industries IPO allotment standing on Linkintime web site allotment URL. Click Here

Metro Manufacturers IPO Lead Managers

  • Ambit Non-public Restricted
  • Axis Capital Restricted
  • DAM Capital Advisors Ltd (Previously IDFC Securities Ltd)
  • Equirus Capital Non-public Restricted
  • ICICI Securities Restricted
  • Motilal Oswal Funding Advisors Pvt Ltd

Firm Tackle

Metro Manufacturers Restricted

401, Zillion, 4th Flooring,

LBS Marg & CST Street Junction, Kurla (West),

Mumbai- 400 070, Maharashtra, India

Cellphone: + (91) 22 2654 7700

E-mail: [email protected]

Web site: https://metrobrands.com/

Metro Manufacturers IPO FAQs

What’s Metro Manufacturers IPO?

Metro Manufacturers IPO is a main-board IPO. They’ll elevate ₹- Crores by way of IPO. The problem is priced at ₹- to ₹- per fairness share. The IPO is to be listed on BSE & NSE.

When Metro Manufacturers IPO will open?

The IPO is to open on 10 December 2021 for QIB, NII, and Retail Traders.

What’s Metro Manufacturers IPO Traders Portion?

The traders’ portion for QIB 50%, NII 15%, and Retail 35%.

The best way to Apply the Metro Manufacturers IPO?

You may apply Metro Manufacturers IPO by way of ASBA on-line by way of your checking account. It’s also possible to apply for ASBA on-line by way of UPI by means of your inventory brokers. It’s also possible to apply by way of your inventory brokers by filling up the offline kind.

The best way to Apply the Metro Manufacturers IPO by means of Zerodha?

Log in to Console in Zerodha Web site or in Software. Go to Portfolio and Click on on IPO. You will note the IPO Title “Metro Manufacturers”. Click on on Bid Button. Enter your UPI ID, Amount, and Value. Submit IPO Software Type. Now go to your UPI App on Web Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

The best way to Apply the Metro Manufacturers IPO by means of Upstox?

Log in to Upstox Software along with your credentials. Choose the IPO. You will note the IPO Title “Metro Manufacturers”. Click on on Bid Button. Affirm your software. Now go to your UPI App on Web Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

What’s Metro Manufacturers IPO Measurement?

Metro Manufacturers IPO dimension is ₹- crores. The IPO includes ₹295 crores contemporary challenge and presents on the market of 21,450,100 fairness shares.

What’s Metro Manufacturers IPO Value Band?

Metro Manufacturers IPO Value Band is ₹- to ₹- per fairness share.

What’s Metro Manufacturers IPO Minimal and Most Lot Measurement?

The minimal bid is – Shares with ₹- quantity whereas the utmost bid is – shares with ₹-.

What’s Metro Manufacturers IPO Allotment Date?

Metro Manufacturers IPO allotment date is 17 December 2021.

What’s Metro Manufacturers IPO Itemizing Date?

Metro Manufacturers IPO itemizing date is 22 December 2021. The IPO to checklist on BSE and NSE.

Word: The Metro Manufacturers IPO last particulars are formally introduced. The IPO gray market premium (Metro Manufacturers IPO Premium) is up to date on their explicit web page. You may test our IPO gray market web page for day by day updates.)



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