IPO
Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

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.
Opens On
Closes On
10-Dec-2021
14-Dec-2021
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
- Expenditure for Opening the New Stores
- General Corporate Purposes
- Rafique A Malik
- Farah Malik Bhanji
- Alisha Rafique Malik
- BSE
- NSE
- MUFG Intime India Pvt Ltd