Exchanges
BSE, NSE
Issue
Book building

Metro Brands IPO

₹493.35

−1.33% on listing

Listing-day close · NSE · 22 Dec 2021 · issue price ₹500

Metro Brands’ ₹1,368 crore IPO was priced at ₹500 a share. It listed on the NSE on 22 Dec 2021 and closed its first day at ₹493.35, down 1.33% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,368 Cr
Fresh issue
₹295 Cr
Offer for sale
₹1,073 Cr
Lot size
30 shares
Minimum investment
₹15,000
Face value
₹5
Registrar
MUFG Intime India

Subscription

Metro Brands IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.63×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹13,575 Cr
Promoter holding
83.99% → 74.27%

From the offer documents.

Listing

Listing date
22 Dec 2021
Issue price
₹500
Open
₹437.00
High
₹507.90
Low
₹426.00
Close
₹493.35

Listing day on the NSE. The close was −1.33% on the issue price.

METROBRAND share price today

FAQs

When did the Metro Brands IPO open and close?

It opened on 10 Dec 2021 and closed on 14 Dec 2021.

What was the Metro Brands IPO price?

The price band was ₹485–500 a share. The final issue price was ₹500.

What is the lot size and minimum investment?

One lot is 30 shares, ₹15,000 at ₹500 a share. Retail investors apply in whole lots.

How much did Metro Brands raise?

₹1,368 crore: ₹295 crore of new shares and ₹1,073 crore offered by existing shareholders.

How many times was the Metro Brands IPO subscribed?

2.63 times overall.

How did Metro Brands list?

It listed on the NSE on 22 Dec 2021 at ₹437.00 and closed the day at ₹493.35, down 1.33% on the ₹500 issue price.

Who is the registrar of the Metro Brands IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app