IPO Trending
METROBRANDEQ / NSE, BSEListed
Metro Brands

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.

₹485 - ₹500Open
Listed Price₹437.00
Listing Gain-12.60%

IPO Schedule & Timeline

Book Built Issue IPO
Open10 Dec 2021
Close14 Dec 2021
Allotment17 Dec 2021
Listing22 Dec 2021

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB1,36,75,050 shares
50%
Nii (hni)41,02,515 shares
15%
Retail95,72,535 shares
35%

Minimum Application Lots

Retail1 Lot (30 shares)
₹15,000
sHNI13 Lots (420 shares)
₹2,10,000
bHNI67 Lots (2,010 shares)
₹10,05,000

Company Promoters

Rafique A. MalikFarah Malik BhanjiAlisha Rafique MalikRafique Malik Family TrustAziza Malik Family Trust

Company Background

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 ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-21)₹4892.68 Cr
Growth-60.4%
Revenue Trend (₹ in Crores)
0.05.0k10.1k15.1kMar-19Mar-20Mar-21Sep-21
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-214,892.68430.7417,396.060
Mar-218,785.38646.1916,593.400
Mar-2013,110.681,605.7516,174.230
Mar-1912,368.951,527.3113,215.060

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
17 Dec 2021
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
22 Dec 2021

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Metro Brands. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization17 Dec 2021Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date22 Dec 2021Trading commences on exchange

How to Check Metro Brands Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Metro Brands from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Metro Brands IPO

Complete issue overview for Metro Brands (METROBRAND) IPO. The issue features an equity share price band of ₹485 – ₹500 per share with a minimum retail lot size of 30 Shares (minimum application amount of ₹15,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions