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Metro Brands Limited logo

Metro Brands Limited IPO

Mainboard IPOListedMETROBRANDNSE
Current Market Price (CMP)
₹819.30(+63.86%)
Current Price (CMP)
₹819.30(+63.86%)

Live Market Quote

Listing Price & Gain
₹437(-12.60%)

Day 1 Exchange Open

IPO Issue Price
₹500

Band: ₹485 - ₹500

Total Subscription
3.64x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
10 Dec 2021
IPO Bidding Closes
14 Dec 2021
Allotment & Refunds
Completed
Exchange Listing Day
22 Dec 2021

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 3.64x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)8.49x
Non-Institutional Investors (NII / HNI)3.02x
Retail Individual Investors (RII)1.13x
Total Subscription3.64x
Updated as on 14th December 2021 at 17.00 hrs

Listing Day & Return Performance

Listing Day Gain-12.60%
₹500 (Issue) → ₹437 (List)
Per share profit: ₹-63.00
Holding Return (Till Date)+63.86%
₹500 (Issue) → ₹819.30 (CMP)
Net gain per share: +₹319.30
Post-Listing Performance (Listing Day → Today):+87.48%

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.

Frequently Asked Questions

What was the issue price or price band of Metro Brands Limited IPO?
The issue price of Metro Brands Limited IPO was fixed at ₹500 per equity share. The indicative bidding price band was ₹485 - ₹500.
What were the open, close, and listing dates for Metro Brands Limited IPO?
Metro Brands Limited IPO opened on 10 Dec 2021, closed on 14 Dec 2021, listed on 22 Dec 2021.
How much was Metro Brands Limited IPO subscribed?
The IPO received an overall subscription of 3.64 times. Category-wise, QIBs subscribed 8.49x, NIIs subscribed 3.02x, and Retail investors subscribed 1.13x.
What was the listing price and listing gain of Metro Brands Limited IPO?
Metro Brands Limited IPO listed on the stock exchange at ₹437, delivering a listing discount of 12.60% compared to the IPO issue price of ₹500.
Is Metro Brands Limited IPO a Mainboard or SME IPO?
Metro Brands Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Metro Brands Limited IPO since its IPO?
At the latest market quote of ₹819.30, Metro Brands Limited IPO has generated an all-time return of +63.86% since its initial public offering.

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