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Metro Brands IPO Subscription Details (Live Status)

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 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 Dec 14, 2021.

Application Wise IPO Subscription (Retail): 0.94 times

Investor CategorySubscription (times)
Qualified Institutions8.49
Non-Institutional Buyers3.02
Retail Investors1.13
Employees[.]
Others[.]
Total3.64

Metro Brands IPO Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
Dec 10, 2021
0.000.020.520.27
Day 2
Dec 13, 2021
0.160.170.870.52
Day 3
Dec 14, 2021
8.493.021.133.64

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 (%)
QIB5,470,020273.5028.57%
NII4,102,515205.1321.43%
Retail9,572,535478.6350.00%
Total19,145,070957.25100%

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?

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Metro Brands IPO Subscription FAQs

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

Metro Brands IPO Subscription

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

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

The Metro Brands IPO allotment status is expected on or around Dec 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 OnDec 10, 2021
IPO Closes OnDec 14, 2021
Finalisation of Basis of AllotmentDec 17, 2021
Initiation of RefundsDec 20, 2021
Credit of Shares to Demat AccountDec 21, 2021
IPO Listing DateDec 22, 2021