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December 10, 2021 - December 14, 2021

Metro Brands IPO Subscription Details

Metro Brands IPO Subscription Status Live

Metro Brands IPO subscribed 3.64 times. The public issue subscribed 1.13 times in the retail category, 8.49 times in QIB, and 3.02 times in the NII category by December 14, 2021 (Day 3).

Application Wise IPO Subscription (Retail): 0.94 times

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions8.495,470,0204,64,44,8002,322.24
Non-Institutional Buyers3.024,102,5151,23,84,780619.24
Retail Investors1.139,572,5351,07,82,900539.15
Total 3.6419,145,0706,96,12,4803,480.62

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

Metro Brands IPO (Day-wise) Subscription Details (times)

Day 1
December 10, 2021
Day 2
December 13, 2021
Day 3
December 14, 2021

Metro Brands IPO Shares Offered

Metro Brands IPO is a public issue of 19,145,070 equity shares. The issue offers 9,572,535 shares to retail investors, 5,470,020 shares to qualified institutional buyers, and 4,102,515 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Metro Brands IPO Subscription FAQs

The Metro Brands IPO is subscribed 3.64 by December 14, 2021.

Metro Brands IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional8.49
Non Institutional3.02
Retail Individual1.13
Employee Reservations[.]
Total Subscription3.64

Retail category of Metro Brands IPO subscribed 1.13 times as of date December 14, 2021. The public issue closes on December 14, 2021 for bidding.

An investor can apply in Metro Brands IPO online via bank (using ASBA) or the broker (using UPI). The Metro Brands IPO shares are offered online only.

The Metro Brands IPO is subscribed 3.64 by December 14, 2021.

The Metro Brands IPO allotment status is expected on or around December 17, 2021. Visit Metro Brands IPO allotment status to check.

The Metro Brands IPO listing date is Wednesday, December 22, 2021. The equity share of Metro Brands Limited will list on BSE, NSE.

Visit Metro Brands IPO subscription status page for real-time bidding information about Metro Brands IPO.

Metro Brands IPO Timetable

IPO Opens OnDecember 10, 2021
IPO Closes OnDecember 14, 2021
Finalisation of Basis of AllotmentDecember 17, 2021
Initiation of RefundsDecember 20, 2021
Credit of Shares to Demat AccountDecember 21, 2021
IPO Listing DateDecember 22, 2021