
Metro Brands Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹485 - ₹500
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Metro Brands Limited IPO
Metro Brands Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 10 Dec 2021 and concluded on 14 Dec 2021, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹485 - ₹500.
During the bidding window, Metro Brands Limited recorded an overall subscription of 3.64 times. Institutional investors (QIB) subscribed 8.49x, non-institutional high-net-worth investors (NII) subscribed 3.02x, and retail individual investors (RII) bid 1.13x their reserved quota.
The equity shares of Metro Brands Limited officially debuted on the stock exchanges on 22 Dec 2021 at an opening listing price of ₹437, delivering a listing day return of -12.60% (discount) over the final issue price. As per the latest market data, the stock trades at ₹819.30, representing an overall gain of +63.86% since its IPO allotment.