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Metro Brands Limited IPO Message Board (Page 8)

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17. K.Atar |   Link |  Bookmark | December 6, 2021 12:13:52 AM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
Though the comp is financially stable, profit making, future oriented, but no offense and disrespect but RJ name is not bringing any premium even after the announcement of ipo few days ago. Its proving to be more a scarecrow.

On the other hand, just the news brake that AW is bringing Fortune ipo, it is commanding premium, so is C. E. info ipo it had premium before even the announcement of price band.

People are free to disagree with my above view.

Thanks
16. IPO mining |   Link |  Bookmark | December 5, 2021 4:27:22 PM (200+ Posts)
Bhav is main thing... But I do like the brand of under the belt so will consider
15. NeoLongus |   Link |  Bookmark | December 5, 2021 4:20:16 PM
IPO Mentor IPO Mentor (700+ Posts, 300+ Likes)
For the IPO of the last RJ backed company, Star Health, I felt that the Company was overpriced but the business was great.

For the IPO of this Company, Metro Shoes, I continue to believe that the business, founders and management is fantastic. It''s an exceptionally well run business and perhaps the next Bata/Relaxo in the making in the public market. The experiences of investors with Khadim were unfortunate and we must endeavor to view the prospects of this Company independent of that. Issue price and valuation is awaited to take a final call.

Also, as a disclaimer, I have known the founding family and management so I might be possibly favorably disposed.

Keep minting!
14. krupa |   Link |  Bookmark | December 5, 2021 2:50:29 PM (800+ Posts, 500+ Likes)
15 days of December and 7 ipo already aagye
13. Rafid |   Link |  Bookmark | December 5, 2021 2:30:53 PM (200+ Posts)
Is it worth to apply for this ipo(METRO) for retail investor or should we try luck in SHRIRAM PROPERTIES…which is better for long term and which for immediate gains...waiting for all valuable replies
12. gjy |   Link |  Bookmark | December 5, 2021 2:00:11 PM
'' Khadim '' is the last footwear company being listed. Beware

Allotted at 750.
Listed in discount.
Trading in discount. CMP 250.

All peer comparision ( Bata / Relaxo ) and reviews are given here 👇 Much informative

https://www.chittorgarh.com/ipo/khadim-india-ipo/755/
12.1. mDelhi |   Link |  Bookmark | December 6, 2021 12:12:18 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@giy Thanks for the information and URL
12.2. arunARUN |   Link |  Bookmark | December 6, 2021 12:15:25 PM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
One needs to be conscious but Metro is more a retail company like D Mart
11. sonal patel |   Link |  Bookmark | December 5, 2021 12:53:25 PM
IPO Guru IPO Guru (1500+ Posts, 5700+ Likes)
Still not traded any gmp in this counter...
11.1. arunARUN |   Link |  Bookmark | December 6, 2021 1:53:25 PM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
Is it good or bad?
10. i For IPO ☑️ |   Link |  Bookmark | December 4, 2021 11:41:11 AM
IPO Mentor IPO Mentor (500+ Posts, 700+ Likes)
ONE MORE Rakesh Jhunjhunwala BACKED IPO

HE INVESTED IN THIS COMPANY IN 2007

HOPE VALUATION ARE NOT ON HIGHER SIDE

SHOULD LEAVE SO HOPE FOR LISTING GAIN
10.1. arunARUN |   Link |  Bookmark | December 4, 2021 5:32:44 PM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
RJ is not selling single share and his holding will be subject to lock in as per SEBI guidelines
I like business model of company as retail chain with multiple brands. It looks like another Bata in making
10.2. Jetha Lal |   Link |  Bookmark | December 5, 2021 11:59:13 AM
IPO Guru IPO Guru (1000+ Posts, 2100+ Likes)
@arunARUN ji Relaxo and Bata succeeded because they made shoes for the masses. Bata being a foreign company became Indian brand more than most Indian brand, Our parents used to give example of Tata and Bata. Relaxo made quality shoes and slippers for lower and middle Income class and became great success story.
Metro shoes brands come in higher price/ premium segment i.e Metro, Da Vinci, Crocs etc which are not affordable for masses. Metro may have good profit margin but their sales cann
9. KDKing🤴 |   Link |  Bookmark | December 5, 2021 9:05:43 AM
In December / Calendar year-end IPO rush, apply IPO wisely.
it''s ok even if you missed 5-10% listing gain.
9.1. P JOSEPH |   Link |  Bookmark | December 5, 2021 10:36:35 AM
In case we have money for three IPOs, what would be your preference for Dec. Thanks
9.2. KDKing🤴 |   Link |  Bookmark | December 5, 2021 11:46:44 AM
Waiting for price band of mapmyindia(still must apply) & metro (waiting).

RateGain , is only for listing gain if QIB subscription more than 25X atleast, else skip don''t believe on current GMP, future is very challenging for this company.

Sheeram properties, brand name , small issue, real estate sector companies are in demand, so listing may give surprise.

ARWL apply only for listing gain if NII crossed at least 50X

It''s on you sir about your view is long term or for only listing gain, please take your own decision. 🙏
8. ipobull |   Link |  Bookmark | December 4, 2021 8:56:35 PM
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
Only 3 IPOs appeal to me - Data Patterns, CE Info Systems & Adani Wilmar. Rest all will be forgotten fast and also may not give listing gains.
8.1. P JOSEPH |   Link |  Bookmark | December 5, 2021 10:30:49 AM
Adani Wilmar - Group name matters. Not likely to be another Avenue/D''mart. IPO date yet to be announced. TheCE Info appears to be very good
7. P JOSEPH |   Link |  Bookmark | December 5, 2021 10:26:27 AM
No comparison with RELAXO or BATA. May be a clear AVOID
6. Asoke sarkar |   Link |  Bookmark | December 5, 2021 8:03:48 AM
IPO Mentor IPO Mentor (600+ Posts, 700+ Likes)
6 saal pahle khadim ne mara tha joota ! Dekho is bar kya hota he !
Joota marega ki joota pahnayega ki joota khayega !
6.2. Asoke sarkar |   Link |  Bookmark | December 5, 2021 8:57:55 AM
IPO Mentor IPO Mentor (600+ Posts, 700+ Likes)
Yes , 4 years ago.
6.3. krupa |   Link |  Bookmark | December 6, 2021 1:08:02 PM (800+ Posts, 500+ Likes)
Wo to ab price band pe depend karta he
If issue price high to log isko joota marenge
5. dinesh bhadada |   Link |  Bookmark | December 4, 2021 7:04:41 PM
hope this time RJ will really think for Retail Investor and make us also heathy & wealthy shareholder of METRO. Now it is company turn to give us back some profit to us who is behind success of METRO being a customer.
4. Amit Pathak |   Link |  Bookmark | December 4, 2021 6:22:16 PM
In this rain be careful and Invest in only profit growth Company because season will continue till March 2022.
3. Amit Pathak |   Link |  Bookmark | December 4, 2021 6:17:06 PM
Avoid .
3.1. arunARUN |   Link |  Bookmark | December 6, 2021 12:18:26 PM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
Give atleast one line reason
3.2. K.Atar |   Link |  Bookmark | December 6, 2021 12:31:02 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
Please don''t just say avoid or apply,, give us some rationale for larger benefit of the members present in forum.

You may give synopsis and say you don''t see value in it so you will ignore.

But at least share your perspective. It''s a request.

Thanks..
2. Chem cho |   Link |  Bookmark | December 4, 2021 5:07:38 PM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
seems some think is left on table if it is LINK time
allotment is a issue for some
1. sonal patel |   Link |  Bookmark | December 4, 2021 9:48:47 AM
IPO Guru IPO Guru (1500+ Posts, 5700+ Likes)
Issue information final
Metro Brands Limited file RHP with SEBI on 2-Dec-2021

Issue Date : 10 to 14-Dec, 2021
Fresh : Rs 295 Cr
OFS : 21,450,100 Shares
Retail : 35%
FV : Rs 5

IPO Open : December 10, 2021
IPO Close : December 14, 2021
Basis of Allotment : December 17, 2021
Initiation of Refunds: December 20, 2021
Credit of Shares : December 21, 2021
IPO Listing Date : December 22, 2021
18.1. Rafid |   Link |  Bookmark | December 4, 2021 11:08:06 AM (200+ Posts)
@sonal Mam

Any idea on price band

Is it worth to apply for this ipo for retail investor or should we try luck in SHRIRAM PROPERTIES…which is better for long term and which for immediate gains