Metro Brands IPO vs RateGain IPO

Comparision between Metro Brands IPO and RateGain IPO.

IPO Details

Metro Brands IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while RateGain IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Metro Brands IPO	RateGain IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Ambit Private Limited Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Equirus Capital Private Limited ICICI Securities Limited Motilal Oswal Investment Advisors Limited	Iifl Securities Ltd Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Metro Brands IPO is up to ₹1,367.51 Cr whereas the issue size of the RateGain IPO is up to ₹1,335.74 Cr. The final issue price of Metro Brands IPO is ₹500.00 per share and of RateGain IPO is ₹425.00 per share.

	Metro Brands IPO	RateGain IPO
Face Value	₹5 per share	₹1 per share
Issue Price (Lower)	₹485.00 per share	₹405.00 per share
Issue Price (Upper)	₹500.00 per share	₹425.00 per share
Issue Price (Final)	₹500.00 per share	₹425.00 per share
Discount (Retail)
Discount (Employee)		₹40.00 per share
Market Lot Size	30 shares	35 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹295.00 Cr	up to ₹375.00 Cr
OFS Issue Size	2,14,50,100 shares	2,26,05,530 shares
OFS Issue Size (Amount)	up to ₹1,072.51 Cr	up to ₹960.74 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹1,367.51 Cr	up to ₹1,335.74 Cr

IPO Timetable

Metro Brands IPO opens on Dec 10, 2021, while RateGain IPO opens on Dec 07, 2021. The closing date of Metro Brands IPO and RateGain IPO is Dec 14, 2021, and Dec 09, 2021, respectively.

	Metro Brands IPO	RateGain IPO
Anchor Bid Date
Issue Open	Dec 10, 2021	Dec 07, 2021
Issue Close	Dec 14, 2021	Dec 09, 2021
Basis Of Allotment (Tentative)	Dec 17, 2021	Dec 14, 2021
Initiation of Refunds (Tentative)	Dec 20, 2021	Dec 15, 2021
Credit of Share (Tentative)	Dec 21, 2021	Dec 16, 2021
Listing date (Tentative)	Dec 22, 2021	Dec 17, 2021
Anchor Lockin End date 1	Jan 16, 2022	Jan 13, 2022
Anchor Lockin End date 2	Mar 17, 2022	Mar 14, 2022

Financials

Metro Brands IPO P/E ratio is , as compared to RateGain IPO P/E ratio of .

Metro Brands IPO

RateGain IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	17,396.06	16,593.40	16,174.23	13,215.06
Total Revenue	4,892.68	8,785.38	13,110.68	12,368.95
Profit After Tax	430.74	646.19	1,605.75	1,527.31

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (₹ in Millions)
	31-Aug-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	4,281.89	4,398.04	3,971.08	2,849.02
Total Revenue	1,312.23	2,640.91	4,576.13	2,727.00
Profit After Tax	- 83.37	- 285.75	- 201.04	110.34

Promoter Shareholding (Pre-Issue)

84.02%

67.29%

Promoter Shareholding (Post-Issue)

74.27%

56.72%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Metro Brands IPO retail investors (RII) are offered 95,72,535 shares while in RateGain IPO retail investors are offered 95,72,535 shares. Qualified institutional buyers (QIB) are offered 54,70,020 shares in Metro Brands IPO and 93,93,424 shares in RateGain IPO.

	Metro Brands IPO	RateGain IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	54,70,020 shares	93,93,424 shares
NII	41,02,515 shares	46,96,711 shares
RII	95,72,535 shares	31,31,141 shares
Employee	0 shares	1,29,870 shares
Others
Total	1,91,45,070 shares	1,73,51,146 shares

Bids Received (Subscription)

Metro Brands IPO subscribed 3.64x in total, whereas RateGain IPO subscribed 17.41x.

	Metro Brands IPO	RateGain IPO
QIB (times)	8.49x	8.42x
NII (times)	3.02x	42.04x
Big NII (times)
Small NII (times)
RII (times)	1.13x	8.08x
Employee (times)		1.37x
Other (times)
Total (times)	3.64x	17.41x

Compare with others

Metro Brands IPO	RateGain IPO
CMS Info Systems IPO	Medplus Health IPO
Tracxn Technologies IPO	HP Adhesives IPO
Supriya Lifescience IPO	Metro Brands IPO
Medplus Health IPO	Shriram Properties IPO
HP Adhesives IPO	Data Patterns IPO
Shriram Properties IPO	MapmyIndia IPO
Data Patterns IPO	Anand Rathi IPO
RateGain IPO	Tega Industries IPO
MapmyIndia IPO	Star Health IPO
Anand Rathi IPO	GoColors IPO

Comments

Add a public comment...