Metro Brands Limited IPO Detail
Company PromotersRafique A. Malik, Farah Malik Bhanji, Alisha Rafique Malik, Rafique Malik Family Trust And Aziza Malik Family Trust
|IPO Opening Date||Dec 10, 2021|
|IPO Closing Date||Dec 14, 2021|
|Issue Type||Book Built Issue IPO|
|Face Value||₹5 per equity share|
|IPO Price||₹485 - 500 per equity share|
|Market Lot||30 Shares|
|Min Order Quantity||30 Shares|
|Listing At||BSE, NSE|
|Issue Size||₹1,367.51 Cr|
|Fresh Issue||₹295.00 Cr|
|Offer for Sale||₹1,072.51 Cr|
IPO Subscription (Bidding Detail)
IPO Tentative Timetable
The Metro Brands Limited IPO open date is Dec 10, 2021, and the close date is Dec 14, 2021. The issue may list on Dec 22, 2021.
|IPO Open Date||Dec 10, 2021|
|IPO Close Date||Dec 14, 2021|
|Basis of Allotment Date||Dec 17, 2021|
|Initiation of Refunds||Dec 20, 2021|
|Credit of Shares to Demat Account||Dec 21, 2021|
|IPO Listing Date||Dec 22, 2021|
IPO Lot Size
The Metro Brands Limited IPO market lot size is 30 shares. A retail-individual investor can apply for up to 13 lots (390 shares or ₹195000).
IPO Promoter Holding
|Pre Issue Share Holding||84.02%|
|Post Issue Share Holding||74.27%|
For the year/period ended (₹ in Crs)
|Financial Year||Total Assets||Total Revenue||Profit After Tax|
Objects of the Issue:
- Prepayment of all or a certain part of the loans of the firm on the benefited on the united premise.
- To achieve corporate goals.
Metro Brands Limited IPO Registrar:
Link Intime India Private Ltd
Metro Brands Limited IPO Lead Manager(s):
Ambit Private Limited, Axis Capital Limited, DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd), Equirus Capital Private Limited, ICICI Securities Limited and Motilal Oswal Investment Advisors Pvt Ltd.