Metro Brands Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹485-₹500
- Lot size
- 30 shares
- Issue amount
- ₹1,367.51 cr
- Total subscription
- 0×
- Opens
- 10 Dec 2021
- Closes
- 14 Dec 2021
- Allotment
- 17 Dec 2021
- Listing
- 22 Dec 2021
Offer at a glance
Issue overview
- Issue size
- 2,73,50,100 shares
- Face value
- ₹5 per share
- Minimum investment
- ₹14,550
- Fresh issue
- ₹295 cr
- Offer for sale
- ₹1,072.51 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹15,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 26,56,07,426
- Shares after issue
- 27,15,07,426
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 30 | ₹15,000 |
| sHNI | 13 | 420 | ₹2,10,000 |
| bHNI | 67 | 2,010 | ₹10,05,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Metro Brands Limited, established in 1955, is one of India’s largest footwear retailers, offering a wide range of branded shoes for men, women, kids, and unisex styles for different occasions. The company focuses on the mid and premium segments and features popular in-house brands like Metro, Mochi, Walkway, Da Vinchi, and J. Fontini, along with third-party brands such as Crocs, Skechers, Clarks, Florsheim, and Fitflop. Metro Brands also sells accessories like belts, bags, socks, masks, and wallets, as well as footcare and shoe-care products through its joint venture M.V. Shoe Care Private Limited. The company operates its stores under the company-owned and company-operated (COCO) model through Multi Brand Outlets (MBOs) and Exclusive Brand Outlets (EBOs). As of September 30, 2021, it had 598 stores across 136 cities in 30 states and union territories, and has been backed by investor Rakesh Jhunjhunwala since 2007.
Strengths
- Leading Footwear Retailer: One of India’s largest footwear retail companies.
- Wide Product Range: Offers a broad selection of brands and products.
- Efficient & Asset-Light Model: Operates with a cost-effective and scalable business structure.
- Multi-Channel Presence: Available across various formats and sales channels.
- Preferred Partner: First choice for national and international third-party brands.
- Experienced Leadership: Backed by strong promoters and a skilled management team.
- Proven Growth: Demonstrates a solid track record of profitability and expansion.
Promoters
Rafique A. Malik
Farah Malik Bhanji
Alisha Rafique Malik
Rafique Malik Family Trust
Aziza Malik Family Trust
Registrar & documents
Lead manager
Ambit Private Limited, Axis Capital Limited, Dam Capital Advisors Limited, Equirus Capital Private Limited, ICICI Securities Limited, Motilal Oswal Investment Advisors Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
401, Zillion, 4th Floor, LBS Marg & CST Road Junction, Kurla (West), Mumbai- 400 070, Maharashtra, India
+ (91) 22 2654 7700
[email protected]Company website ↗Understanding METROBRAND IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.