Metro Brands Limited are one of the largest Indian footwear specialty retailers, and are among the aspirational Indian brands in the footwear category. We opened our first store under the Metro brand in Mumbai in 1955, and have since evolved into a one-stop shop for all footwear needs, by retailing a wide range of branded products for the entire family including men, women, unisex and kids, and for every occasion including casual and formal events. As of March 31, 2021, the Company operated 586 Stores across 134 cities spread across 29 states and union territories in India
- One of India’s largest footwear retailers
- Wide range of brands and products
- Efficient operating model and asset-light business
- Presence across multiple formats and channels
- First choice for other national and international third-party brands
- Strong promoter background and an experienced management team
- Strong track record of growth and profitability
Metro Brands Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 10 Dec 2021 |
| IPO Close Date | 14 Dec 2021 |
| Allotment Date | 18 Dec 2021 |
| IPO Listing Date | 22 Dec 2021 |
Metro Brands Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 5 Per Equity Share |
| IPO Price | Rs. 485 to Rs. 500 Per Equity Share |
| Market Lot | 30 Share |
| NSE Symbol | METROBRAND |
| BSE Symbol | METROBRAND |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 1368 Crore. |
Metro Brands Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 30 | Rs. 15000 |
| Maximum | 13 | 390 | Rs. 195000 |
Metro Brands Limited IPO Allotment Status
Click Here To Check IPO Allotment Status Metro Brands Limited IPO
Click Here To Get ASBA Forms Metro Brands Limited IPO
Company Financials:
| Particular | 31 March 2021 | 31 March 2020 | 31 March 2019 |
| Total Assets | 16593.40 | 16174.23 | 13215.06 |
| Total Revenue | 8785.38 | 13110.68 | 12368.95 |
| Profit After Tax | 646.19 | 1605.75 | 1527.31 |
Company Promoters:
Rafique A. Malik, Farah Malik Bhanji, Alisha Rafique Malik, Rafique Malik Family Trust And Aziza Malik Family Trust are the company promoters.
Objects of this Issue:
The IPO aims to utilize the net proceed towards the following purposes;
- Expenditure for opening new stores of the company, under the “Metro”, “Mochi”, “Walkway” and “Crocs” brands; and
- General corporate purposes
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Metro Brands Limited 401, Zillion, 4th Floor, LBS Marg & CST Road Junction, Kurla (West), Mumbai- 400 070, Maharashtra, India Phone: + (91) 22 2654 7700 Email: investor.relations@metrobrands.com Website: https://metrobrands.com | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: metrobrands.ipo@linkintime.co.in Website: https://linkintime.co.in |
