247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Metro Brands Limited IPO (Metro Brands IPO) Details

Metro Brands Limited is an Footwear based company, located in Mumbai, Metro Brands Limited IPO size was 1367.51 Cr. and was issued at 500.00 per share. The share of Metro Brands Limited were listed at 493.55 per share and are currently trading at 1206.55 per share.

Type :
Sub Sector : Footwear Speciality Retailers With The Household Brand
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
978.54 Cr.

PAT :
86.20 Cr.

Pricing Report

Issue Price :
500.00

Listing Price :
493.55

Current Market Price :
1206.55

Issue Price vs CMP :
706.55 (141.31%)

listing Price vs CMP :
713 (144.46%)

Performance Report (CAGR* wise)

CAGR : 33.05
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Metro Brands

Company Information
Metro Brands Limited is one of the largest Indian footwear specialty retailers and is among the aspirational Indian brands in the footwear category (Source: CRISIL Report). It opened its first store under the Metro brand in Mumbai in 1955 and has since evolved into a one-stop shop for all footwear needs, 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. As of March 31, 2021, the company operated 586 stores across 134 cities in 29 states and union territories in India. It targets the economy, mid, and premium segments in the footwear market, which together are expected to grow at a higher rate compared to the total footwear
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Object of Issue
  • Expenditure for opening new stores of the company, under the

Metro Brands MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Dec, 2021
IPO Size :
1367.51 Cr.
IPO Subscription :
3.64 X     
PE Multiple :
157.23
Merchant Banker :
Ambit Private Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

Metro Brands operates in Footwear and Footwear Speciality Retailers With The Household Brand. The Issue is listed on MainBoard in Dec, 2021. Metro Brands IPO size was 1367.51 Cr. with Issue price of 500.00 .

Merchant Banker(s) of Metro Brands IPO: Ambit Private Limited , Axis Capital Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Equirus Capital Private Limited

Metro Brands IPO subscription was 3.64 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Metro Brands IPO listed at a listing price of 493.55 against the offer price of 500.00.

The current market price of Metro Brands is 1206.55.

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