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Metro Brands Ltd

Metro Brands Ltd

    Registered Office : 401 Zillion 4th Floor,LBS Marg & CST Road Junction,Mumbai Maharashtra 400070 Phone : 91-22-26547700
    Fax :

    Email : investor.relations@metrobrands.com

    Website : www.metrobrands.com

Initial public offering of 27,350,100* equity shares of face value of Rs. 5 each ("Equity Shares") of the company for cash at a price of Rs. 500 per equity share (including a share premium of Rs. 495 per equity share) ("Offer Price") aggregating to Rs. 1367.51 crores (The "Offer") comprising a fresh issue of 5,900,000* equity shares aggregating to Rs. 295.00 crores by the company (The "Fresh Issue") and an offer for sale of 21,450,100* equity shares aggregating to Rs. 1072.51 crores by the selling shareholders comprising 13,015,000 equity shares aggregating to Rs. 650.75 crores by the promoter selling shareholders, 8,427,000 equity shares aggregating to Rs. 421.35 crores by the promoter group selling shareholders and 8,100 equity shares aggregating to Rs. 0.41 crores by the other selling shareholder (together the "Offer for Sale"). The offer would constitute 10.07 % of the post-offer paid-up equity share capital. *Subject to the finalisation of the basis of allotment. The offer price is 100 times the face value of the equity shares. Bids can be made for a minimum of 30 equity shares and in multiples of 30 equity shares thereafter.

Issue

Opens On

Closes On

10-Dec-2021

14-Dec-2021

Money Payable On

Application

Allotment

500.00

0.00

Minimum Application for shares in Nos : 30.0 Further Multiples of : 30.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

295.00

1,367.51

135.75

500.00

Ambit Pvt Ltd

Axis Capital Ltd

DAM Capital Advisors Ltd

Equirus Capital Pvt Ltd

ICICI Securities Ltd

Motilal Oswal Investment Advisors Ltd

Projects
  • Expenditure for Opening the New Stores
  • General Corporate Purposes
Promoted By
  • Rafique A Malik
  • Farah Malik Bhanji
  • Alisha Rafique Malik
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • MUFG Intime India Pvt Ltd