Metro Brands IPO Listing on 22 December on NSE & BSE

Metro Brands IPO to list on NSE and BSE on 22 December 2021, Wednesday at 10:00 AM. Metro Brands is one of the leading footwear brands in India. They are selling the brands like Metro, Mochi, Walkway, Da Vinchi, and J. Fontini. These are their own brands while they are selling third party brands like Crocs, Skechers, Clarks, Florsheim, and Fitflop. The IPO subscribed 3.64x times that comprises Qualified Institutional Buyer (QIB) 8.49x, Non-institutional Bidders (NII) 3.02x, and Retail (RII) 1.13x. The company reported a profit of ₹65 crores in 2021 against a profit of ₹161 crores in 2020. The revenues were down in 2021 to ₹879 crores against ₹1311 crores in 2020. The stock will list in B Group. As per the market speculations the stock might list in between ₹480 to ₹530 range. Check out the Metro Brands IPO listing details as given below:

Latest Update: Metro Brands IPO is not listed yet. We will update the Metro Brands share price as on the listing day. Happy Investing!

Metro Brands Share Price Live Quote

Details	BSE Listing	NSE Listing
IPO Price
List Price
High Price
Low Price
Close Price
Volume

BSE Notice of Listing: Notice

Metro Brands IPO Listing Details

Find the Metro Brands IPO listing details like BSE Code, NSE Code, ISIN Number, and Listing Group. The information given below will help you on the Metro Brands share listing day.

BSE Code	543426
NSE Code	METROBRAND
Group	B Group
ISIN No	INE317I01021
Offer Price	₹500
Face Value	₹5
Listing Date	22 December 2021, Wednesday

Important Links:

Metro Brands IPO Subscription Status (Final Data)

Category	Day 1	Day 2	Day 3
QIB	0.00	0.16	8.49
NII	0.02	0.17	3.02
RII	0.52	0.87	1.13
Total	0.27	0.52	3.64

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
Retail Quota:	35%
QIB Quota:	50%
NII Quota:	15%
Discount:	N/A
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here

Metro Brands IPO Market Lot

The Metro Brands IPO minimum market lot is 30 shares with ₹15,000 application amount. The retail investors can apply up-to 13 lots, 390 shares with ₹195,000 application amount.

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 Time Table

The Metro Brands IPO date is 10 December 2021 and the IPO close date is 14  December 2021. The allotment date is 15 December 2021 and the IPO may list on 20 December 2021.

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 Listing FAQs: