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Metro Brands Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹500
Issue Price
₹500
Face ₹5
GMP
+₹0
+0% premium
Est. Listing
₹500
GMP based
Lot Size
30
shares / lot
Min Amount
₹15,000
1 lot · 30 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
10 Dec 2021
Fri Completed
Done
Close Date
14 Dec 2021
Tue Completed
Done
Allotment
17 Dec 2021
Fri Completed
Done
Refund
20 Dec 2021
Mon Completed
Done
Demat Credit
21 Dec 2021
Tue Completed
Done
Listing Date
22 Dec 2021
Wed Completed
UPI Deadline: 14 Dec 2021
Issue Details
Pricing & Size
Issue Price
₹500 Face ₹5
Lot Size
30 shares
Min Investment
₹15,000
Total Issue Size
2,73,50,100 shares (aggregating up to ₹1,367.51 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
1,36,75,050 (50.00%)
NII / HNI
41,02,515 (15.00%)
Retail
95,72,535 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
26,56,07,426 shares
Post-Issue Shareholding
27,15,07,426 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 30 ₹15,000
HNI / NII 14 420 ₹2,10,000
bHNI / bNII 67 2,010 ₹10,05,000
Objects of Issue
2 objectives
1
1 Expenditure for opening new stores of the Company, under the “Metro”, “Mochi”, “Walkway” and “Crocs” brands (“New Stores”);
225.37 Cr
2
2 General corporate purposes
59.56 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Ambit Pvt.Ltd.
Axis Capital Ltd.
Dam Capital Advisors Ltd.
Equirus Capital Pvt.Ltd.
ICICI Securities Ltd.
Motilal Oswal Investment Advisors Ltd.
IPO Timeline
Open
10 Dec
✓ Done
Close
14 Dec
✓ Done
Allotment
17 Dec
✓ Done
Listing
22 Dec
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
metrobrands.ipo@linkintime.co.in
Company Contact
Email
investor.relations@metrobrands.com
Phone
+ (91) 22 2654 7700
Address
401, Zillion, 4th Floor, LBS Marg & CST Road Junction, Kurla (West), Mumbai- 400 070, Maharashtra, India Mumbai, Maharashtra
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹500
Est. Listing
₹500
Lot Size
30 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Metro Brands Ltd. LIVE
INR ·
vs Issue
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High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹500
GMP
+₹0 (+0%)
GMP Est. Listing
₹500
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 1,36,75,050 (50.00%) ₹68,375.25 Cr
NII / HNI (Total) 41,02,515 (15.00%) ₹20,512.58 Cr
Retail Investors 95,72,535 (35.00%) ₹47,862.68 Cr
Total ** 2,73,50,100 (100.00%) ₹1,367,505.01 Cr
* Based on ₹500.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
1,36,75,050 (50.00%)
NII
41,02,515 (15.00%)
Retail
95,72,535 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30-Sep-2131-Mar-2131-Mar-20
Revenue489.27878.541311.07
PAT43.0764.62160.58
EBITDA
Net Worth
Total Assets1739.611659.341617.42
Reserves
Borrowings
About Metro Brands Ltd.

Established in 1955, Metro Brands Limited is one of the largest Indian footwear specialty retailers, in India. The company caters to the footwear needs of customers through a wide range of branded products for the entire family including men, women, unisex and kids, and different occasions. The company targets the mid and premium segments in the footwear market which have a higher presence of organized players and growth in the overall footwear industry. Some of the company's well-known brands include 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 also offer accessories such as belts, bags, socks, masks, and wallets, at their stores. The company also retails footcare and shoe-care products at their stores through the joint venture, M.V. Shoe Care Private Limited. The company follows the "company-owned and company operated" (COCO) model of retailing through their own Multi Brand Outlets (MBOs) and Exclusive Brand Outlets (EBOs), to manage their stores.

As of September 30, 2021, the company operated 598 Stores across 136 cities spread across 30 states and union territories in India. The company has been supported by Mr. Rakesh Jhunjhunwala as an investor since 2007.

Competitive Strengths:

  • One of India's largest footwear retailers
  • Wide range of brands and products
  • Efficient operating model and asset-light business
  • Presence across multiple formats and channels
  • First choice for other national and international third-party brands
  • Strong promoter background and an experienced management team
  • Strong track record of growth and profitability
Frequently Asked Questions
What is the issue price of Metro Brands Ltd. IPO?
The issue price of Metro Brands Ltd. IPO is ₹500 per share, face value ₹5.
What is the lot size?
Minimum lot size is 30 shares, requiring ₹15,000.
What are the IPO dates?
Opens 10 Dec 2021, closes 14 Dec 2021.
When is the listing date?
Tentative listing: 22 Dec 2021 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹500 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Metro Brands Ltd. IPO · Expected 17 Dec 2021

Check on Registrar
Post-IPO Timeline
Allotment Date
17 Dec 2021
Refund Initiation
20 Dec 2021
Demat Credit
21 Dec 2021
Listing Date
22 Dec 2021
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹500
Face ₹5
Lot Size
30
shares / lot
Min Amount
₹15,000
1 lot
Est. Listing
₹500
GMP +₹0
Key Dates
Open
10 Dec Done
Close
14 Dec Done
Listing
22 Dec Done
Registrar
MUFG Intime India Pvt.Ltd.
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