FREE Account Opening + No Clearing Fees
Loading...
December 10, 2021 - December 14, 2021

Metro Brands IPO FAQ

Metro Brands IPO Date & Price

The Metro Brands IPO opens on December 10, 2021 and closes on December 14, 2021.

Metro Brands IPO timetable / schedule is as below:
  • Bid/Offer Opens On: December 10, 2021
  • Bid/Offer Closes On: December 14, 2021
  • Finalization of Basis of Allotment: December 17, 2021
  • Initiation of refunds: December 20, 2021
  • Credit of Equity Shares: December 21, 2021
  • Listing Date: December 22, 2021

Metro Brands IPO price is set at ₹500 per equity share.

Metro Brands IPO will close for subscription at 5 PM on December 14, 2021. But most brokers stop accepting application between 1 PM to 3 PM.

The Metro Brands IPO starts on December 10, 2021. The issue ends on December 14, 2021.

Metro Brands IPO Issue Size and Subscription Status

The Metro Brands IPO size is Equity Shares of ₹5 aggregating up to ₹1,367.51 Cr.

Metro Brands Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Metro Brands IPO shares through the banks (using ASBA) or through the broker (using UPI).

Metro Brands IPO Offer Size

Qualified Institutional Buyers (QIB)5,470,020 Shares
Non-Institutional Investors (NII)4,102,515 Shares
Retail Individual Investor (RII)9,572,535 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size19,145,070 Shares

Metro Brands IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)8.49 times times
Non-Institutional Investors (NII)3.02 times times
Retail Individual Investor (RII)1.13 times times
Employee Reservations times
Other Reservations times
Total Issue Size3.64 times times

Click here to check the Metro Brands IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Metro Brands IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Metro Brands IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Metro Brands IPO Allotment and Listing

The Metro Brands IPO allot status will be available online on December 17, 2021. Check the Metro Brands IPO Allotment Status here.

Click here to check Metro Brands IPO Allotment Status.

Metro Brands IPO listing Date is December 22, 2021. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Metro Brands IPO listing date and time is published by the exchange in a circular.

Click here to view the Metro Brands IPO Basis of Allotment.

It is hard to say at what price Metro Brands IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Metro Brands IPO shares will list on December 22, 2021 at BSE, NSE.

Metro Brands IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Metro Brands IPO which could help you with questions like Metro Brands IPO buy or not? You should also read Metro Brands IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Metro Brands IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Metro Brands IPO performance. The performance reports are available 1 day after listing.