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Metro Brands IPO Details

IPO Open Dec 10, 2021
IPO Close Dec 14, 2021
IPO Price ₹500
Face Value ₹5
IPO Size ₹1,367.51 Cr
Listing At BSE, NSE
Lot Size 30
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Metro Brands IPO Schedule

  • Bid/Offer Opens On: Dec 10, 2021
  • Bid/Offer Closes On: Dec 14, 2021
  • Finalization of Basis of Allotment: Dec 17, 2021
  • Initiation of refunds: Dec 20, 2021
  • Credit of Equity Shares: Dec 21, 2021
  • Listing Date: Dec 22, 2021

Check Metro Brands IPO allotment status online by clicking the button below. If you have difficulties finding the Metro Brands Limited IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Metro Brands IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for Metro Brands Limited IPO, check the 'basis of allotment' document.

Metro Brands IPO Allotment FAQs

The Metro Brands IPO allotment status will be available on Dec 17, 2021, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Metro Brands IPO allotment status online:

  • Visit the Metro Brands IPO allotment status page.
  • Click on the green Metro Brands IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Metro Brands IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of Metro Brands IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Metro Brands IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Metro Brands IPO allotment status is expected on Dec 17, 2021. Click the green button Metro Brands IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Metro Brands IPO oversubscribed in the retail category, the Metro Brands IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Metro Brands IPO shares will get listed on Wednesday, December 22, 2021. The equity share of Metro Brands Limited will list on BSE, NSE.

The reason you didn't get the Metro Brands IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

The Metro Brands IPO will open for bidding on Dec 10, 2021. The IPO application closes on Dec 14, 2021.