Metro Brands Limited IPO

Metro Brands Limited IPO is listed on BSE and NSE, priced at ₹485–₹500 per share. The stock debuted at ₹437. The IPO had a lot size of ₹30 shares and a minimum investment of ₹15,000.

Metro Brands Limited IPO

Mainboard Listed
₹15,000 (30 Shares)
Minimum Investment
Check Allotment
IPO Dates
Dec 10, 2021 – Dec 14, 2021
Price band
₹485-500 per equity share
Minimum Investment
₹15,000
Issue size
Total : 1367.51 Crores
Lot size
30
Allotment Date
Dec 17, 2021
Listing
Dec 22, 2021
Listing At
BSE, NSE

IPO timeline

  1. Dec 10, 2021

    Open Date

    Completed

  2. Dec 14, 2021

    Close Date

    Completed

  3. Dec 17, 2021

    Allotment Date

    Completed

  4. Dec 22, 2021

    Listing Date

    Completed

Price Summary

Last closing
1,050.20 (110.04%)
52 week high
1,340.40
52 week low
883.00
Last update

Metro Brands Limited IPO Essentials

Metro Brands Limited IPO Details

Metro Brands Limited IPO is priced at ₹485-500 per share with a total issue size of Total : 1367.51 Crores. The IPO has a lot size of 30 shares and is listed on BSE and NSE.

Issue price
₹485-500 per equity share
Lot size
30 shares
Face value
₹5 Per Equity Share 
Issue size
Total : 1367.51 Crores
Listing at
BSE, NSE
List price
437.00(NSE)
Listing date
Registrar
Link Intime India Private Limited
Lead manager
Ambit Private Limited.Axis Capital Limited,DAM Capital Advisors,Equirus Capital Private Limited,ICICI Securities Limited,Motilal Oswal Investment Advisors Pvt Ltd

Metro Brands Limited IPO Details

  • Retail Portion 35% (Number of Retail Applications : 3,19,000 Approx)

Metro Brands Limited IPO Documents

Metro Brands Limited IPO Analytics

Metro Brands Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Metro Brands Limited IPO Subscription Status

Metro Brands Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
Retail Total
Shares Offered / Reserved 54,70,020
41,02,515
95,72,535 191,45,070
Day 1 10-12-21 05:00 PM
0.00 x
0.03x
0.52 x 0.26 x
Day 2 13-12-21 05:00 PM
0.16 x
0.18x
0.87 x 0.52 x
Day 3 14-12-21 05:00 PM
8.49 x
3.02x
1.13 x 3.63 x
Total No. of Applications
category wise applications
303371 (Approx) 0.95

Metro Brands Limited Valuations

Earnings

EPS (Post IPO)
₹2.38/-
P/E Ratio
210.08

Returns

RoNW
8.24%

Data sourced from DRHP / RHP • For educational purposes only

Metro Brands Limited Financials( In Crs.)

31-Mar-21 31-Mar-20 31-Mar-19
Assets 1,659.34 1,617.42 1,321.50
Revenue 878.53 1,311.06 1,236.89
Profit After Tax 64.61 160.57 152.73

Metro Brands Limited Company & Offer Insights

About Metro Brands Limited

Metro Brands Ltd is one of the largest Indian footwear speciality retailers, and are among the aspirational Indian brands in the footwear category.Company offers one-stop shop solution 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.Company also sells accessories such as belts, bags, socks, masks and wallets.Company retails footwear under 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,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.

Metro Brands Limited Promoter(s)

Rafique A. Malik, Farah Malik Bhanji, Alisha Rafique Malik, Rafique Malik Family Trust, Aziza Malik Family Trust are the company's promoters of Metro Brands Limited.

Metro Brands Limited IPO Issue Objectives

Expenditure for opening new stores of the company, under the “Metro”, “Mochi”, “Walkway” and “Crocs” brands;
General corporate purposes

Metro Brands Limited IPO - Anchor Investors

Metro Brands garners Rs 410 crore from anchor investors

Marquee investors who invested in the company through anchor book included Goldman Sachs, Abu Dhabi Investment Authority, University of Notre Dame DU LAC, GMO Emerging Domestic Opportunities Fund, Pinebridge India Equity Fund, Societe Generale and Valiant India Opportunities.

Domestic investors including ICICI Prudential, HDFC Trustee, Kotak Mutual Fund, SBI Life Insurance, HDFC Life Insurance, Tata AIA Life Insurance, Tata Mutual Fund, Sundaram Mutual Fund, and UTI MF also bought shares in the company.

Metro Brands Limited IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Metro Brands 15.80 210.08 8.24% 878.54
Bata India 14.21 1,137.77 1.25% 1,801.33
Relaxo Footwear 19.32 1106.60 18.12% 2,381.92

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Metro Brands Limited IPO is a book-built IPO worth ₹Total : 1367.51 Crores. The price band is ₹485–₹500 per share. The IPO opens on Dec 10, 2021 and closes on Dec 14, 2021. It will be listed on BSE and NSE. Link Intime India Private Limited is the registrar.

The price band of Metro Brands Limited IPO is ₹485 to ₹500 per share.

The lot size of Metro Brands Limited IPO is 30 shares.

The minimum investment for Metro Brands Limited IPO is approximately ₹15,000 based on the upper price band .

Metro Brands Limited IPO opens on Dec 10, 2021 and closes on Dec 14, 2021.

The allotment date of Metro Brands Limited IPO is Dec 17, 2021.

Metro Brands Limited IPO is expected to be listed on Dec 22, 2021, on BSE and NSE .

Metro Brands Limited IPO listed on Dec 22, 2021. It was issued at ₹437.00(NSE) and is currently around ₹1050.20 as on 14-May-2026 3:30 PM, which is approximately 110.0% versus issue price. The 52-week high is ₹1,340.40.

Based on listing and post-listing performance, Metro Brands Limited IPO delivered around 110.0% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Metro Brands Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Metro Brands Limited IPO valuation snapshot: P/E 210.08, EPS ₹2.38/-, P/B N/A, RoNW 8.24%, and market cap N/A.

To apply for Metro Brands Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Metro Brands Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Metro Brands Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Metro Brands Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Metro Brands Limited IPO allotment status on IPO Ji for quick and easy access.