Metro Brands Limited
10 Dec 2021 – 14 Dec 2021
LISTED
Offer Price
₹485–500
Bid lot
30
Min Application
₹15,000
Issue Size
₹1,368 Cr
Key dates
Open date
10 Dec 2021
Done
Close date
14 Dec 2021
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
22 Dec 2021
Today
Issue reservation
₹1,368 CrQIB 50%Retail 35%
QIB
1.37 Cr sh · ₹684.00 Cr
Retail
95.8 L sh · ₹478.80 Cr
BRLM: Axis Capital Limited · Ambit Private Limited · DAM Capital Advisors Limited · Equirus Capital Private Limited · ICICI Securities Limited Motilal Oswal Investment Advisors Limited
Lot ladder — how much to bid
1 lot = 30 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
30 sh · ₹15,000
Max · 13 lots
390 sh · ₹1,95,000
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
420 sh · ₹2,10,000
Max · 66 lots
1,980 sh · ₹9,90,000
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
2,010 sh · ₹10,05,000
Entry point
₹10,05,000 onward
Issue details
Lead managersAxis Capital Limited, Ambit Private Limited, DAM Capital Advisors Limited, Equirus Capital Private Limited, ICICI Securities Limited Motilal Oswal Investment Advisors Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
5.46×
0×1×2×3×+
Oversubscribed
Book₹1,163 Cr
Subscribed₹6,348 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,36,80,000₹684.00 Cr | 11,61,43,200₹5,807 Cr | 8.49× |
| HNI | 41,04,000₹205.20 Cr | 1,23,94,080₹619.70 Cr | 3.02× |
| Retail | 95,76,000₹478.80 Cr | 1,08,20,880₹541.04 Cr | 1.13× |
| Total | 2,32,56,000₹1,163 Cr | 12,69,64,080₹6,348 Cr | 5.46× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 5,807.16 |
| HNI | 619.70 |
| Retail | 541.04 |
| Total | 6,348.20 |
Amounts at the upper band (₹500). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Metro Brands Limited IPO?
One lot of 30 shares — ₹15,000 at the upper price band of ₹500.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2021-12-22 on NSE.